Underwriting Jobs in Barrington, IL

An Underwriter in the insurance industry is responsible for assessing risk and eligibility of potential clients. They play a key role by examining insurance applications and determining whether to provide insurance, and under what terms. Insurance underwriters use software to help analyze information and make decisions. They are essentially the ones who decide if an insurance company should take on a potential policyholder and how much premium to charge for taking on risk. This decision is made based on the potential client's risk profile, which is evaluated using technical data and statistical models.

Important skills for an insurance Underwriter include analytical skills, decision-making abilities, attention to detail, and good judgment. They must be able to process complex information and make sound decisions. To increase their competency and credibility in the industry, Underwriters can pursue professional certifications such as Chartered Property Casualty Underwriter (CPCU), Associate in Commercial Underwriting (ACU), or Associate in Personal Insurance (API). Prior to becoming an underwriter, individuals may have roles such as Insurance Agent, Claims Adjuster, or Risk Analyst. These roles provide valuable exposure and experience in the field of insurance which can be helpful in understanding the fundamentals of risk evaluation.

1-15 of 31 Jobs

Senior Surety Underwriter

Proven analytical ability to evaluate and judge surety underwriting risks within scope of responsibility. AFSB certification preferred....

Underwriter

  • Lake Forest, IL (15 miles from Barrington, IL)
  • 4 days ago
  • Lake Forest, IL (15 miles from Barrington, IL)
  • 4 days ago

Minimum of 2-5 years' experience underwriting CRE loan requests. Formal credit training is a plus....

Underwriter (Virtual)

  • Oakbrook Terrace, IL (21 miles from Barrington, IL)
  • 7 hours ago
  • Oakbrook Terrace, IL (21 miles from Barrington, IL)
  • 7 hours ago

Functions and Responsibilities Description of Duty Underwrite and Approve Loans * Utilize technical knowledge of the mortgage industry in unison with specific knowledge of lending guidelines and practices...

Central Region Underwriting Director

  • Oakbrook Terrace, IL (21 miles from Barrington, IL)
  • 13 hours ago
  • Oakbrook Terrace, IL (21 miles from Barrington, IL)
  • 13 hours ago

in insurance or business administration or equivalent relevant experience Ten years of commercial lines underwriting experience Previous supervisory/leadership experience CPCU designation or other...

Underwriting Assistant - Large Accounts - Workers' Compensation

  • Itasca, IL (14 miles from Barrington, IL)
  • 2 days ago
  • Itasca, IL (14 miles from Barrington, IL)
  • 2 days ago

Builds and fosters internal and external relationships in order to provide a superior underwriting product and customer service experience....

AVP, Surety Underwriting Officer

  • Addison, IL (17 miles from Barrington, IL)
  • 3 days ago
  • Addison, IL (17 miles from Barrington, IL)
  • 3 days ago

Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals....

Mortgage Underwriter

  • Geneva, IL (21 miles from Barrington, IL)
  • 4 days ago
  • Geneva, IL (21 miles from Barrington, IL)
  • 4 days ago

The preferred candidate will also possess five (5) years' of residential mortgage underwriting experience....

Residential Underwriter

  • Hoffman Estates, IL
  • 7 days ago
  • Hoffman Estates, IL
  • 7 days ago

Responsibilities: Analyze new and renewal business; manage and control underwriting exposure and pricing strategy consistent with company product guidelines and profitability objectives....

AVP, Surety Underwriting Officer or VP, Senior Underwriting Officer

  • Addison, IL (17 miles from Barrington, IL)
  • 10 days ago
  • Addison, IL (17 miles from Barrington, IL)
  • 10 days ago

Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals....

Account Executive / Underwriter - Small Commercial

  • Downers Grove, IL (24 miles from Barrington, IL)
  • 11 days ago
  • Downers Grove, IL (24 miles from Barrington, IL)
  • 11 days ago

CPCU designation. What is a Must Have? Two years of underwriting experience. What Is in It for You?...

Senior Credit Underwriter - Distribution Finance

  • Schaumburg, IL (9 miles from Barrington, IL)
  • 11 days ago
  • Schaumburg, IL (9 miles from Barrington, IL)
  • 11 days ago

Duties and Responsibilities: Underwrite high quality credit narratives in support of new and existing loans....

Remote Work

Senior Program Underwriting Specialist (Property & Casualty)

  • Schaumburg, IL (9 miles from Barrington, IL)
  • 14 days ago
  • Schaumburg, IL (9 miles from Barrington, IL)
  • 14 days ago

Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals....

Senior Financial Underwriter - Employer Direct

  • Schaumburg, IL (9 miles from Barrington, IL)
  • 17 days ago
  • Schaumburg, IL (9 miles from Barrington, IL)
  • 17 days ago

decisions effectively to key stakeholders Negotiate contract terms and conditions to achieve favorable underwriting outcomes Review and approve underwriting requests, ensuring compliance with company...

Senior Underwriter, Commercial Insurance Specialty

  • Schaumburg, IL (9 miles from Barrington, IL)
  • 17 days ago
  • Schaumburg, IL (9 miles from Barrington, IL)
  • 17 days ago

In conjunction with Underwriting Associate, retain key assigned renewals and lead coordination of Loss Control and Claims Service plans for service level accounts....

Senior Underwriter - Group Captives

  • Schaumburg, IL (9 miles from Barrington, IL)
  • 23 days ago
  • Schaumburg, IL (9 miles from Barrington, IL)
  • 23 days ago

Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals....

Demographic Data for Barrington, IL

Moving to Barrington, IL? Find some basic demographic data about Barrington, IL below.


Local
National
46,365
2,025
Medium

Underwriting Online Courses and Training Opportunities

iHireInsurance curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Loan Processing: Underwriting
Underwriting is the fourth step in processing a loan. It's what happens behind the scenes once you submit your application. It's one of the most critical steps, because the underwriter makes the...
Insurance Underwriting Principles and Practices
Within the ever-evolving insurance landscape, the significance of underwriters has reached unprecedented heights. These professionals play a crucial role in evaluating risks, establishing policy...
Insurance: Underwriting Risks Regulatory Practices
Introduction: Insurance underwriting plays a crucial role in assessing risk, determining premiums, and ensuring the financial stability of insurance providers. This course offers an in-depth...

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Salary for Underwriting Jobs in Barrington, IL

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireInsurance research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Underwriting positions.



Highest Education Level

Underwritings in Barrington, IL offer the following education background
Bachelor's Degree
49.5%
Master's Degree
14.3%
Associate's Degree
11.2%
High School or GED
10.1%
Vocational Degree or Certification
10.0%
Some College
2.4%
Doctorate Degree
2.1%
Some High School
0.3%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Underwritings in Barrington, IL
None
40.0%
2-4 years
26.7%
1-2 years
20.0%
4-6 years
10.0%
6-8 years
3.3%


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