Underwriting Jobs in Downers Grove, 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 211 Jobs
Liberty Mutual Insurance

Surety Home Office Executive Underwriter

Responsibilities: Underwrites new and existing contract account submissions of a wide range in size and complexity utilizing underwriting authority granted by Chief Underwriting Officer....

WAHVE

Commercial Lines Underwriter (Remote)

  • WAHVE
  • Chicago, IL (16 miles from Downers Grove, IL)
  • 22 hours ago
  • WAHVE
  • Chicago, IL (16 miles from Downers Grove, IL)
  • 22 hours ago

TO BECOME A WORK-AT-HOME VINTAGE EXPERT, WE REQUIRE 25 years of full-time work experience 10 most recent years of Commercial Lines Property & Casualty insurance experience BENEFITS OF BECOMING A WAHVE...

Remote Work
Liberty Mutual Insurance

Executive Underwriter, Middle Markets Construction

Qualifications Intermediate-level knowledge of insurance products/coverage, underwriting, pricing, risk selection, market segments and marketplace; insurance finance and actuarial concepts; loss control...

Senior Surety Underwriter

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

Liberty Mutual Insurance

Head of Excess Casualty Major Accounts

Qualifications Knowledge of commercial property & casualty products; insurance operations; finance and actuarial concepts; regulatory environment; reinsurance; account management; underwriting; producer...

Liberty Mutual Insurance

Underwriter

of how these teams work together to inform underwriting decisions....

Private Equity Underwriter, Middle Markets (Senior or AVP)

  • Chicago, IL (20 miles from Downers Grove, IL)
  • 13 days ago
  • Chicago, IL (20 miles from Downers Grove, IL)
  • 13 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....

Liberty Mutual Insurance

Remote Senior Underwriter, Small Commercial - Central

We encourage you to apply and bring your expertise if you're a: Strategic Account Manager : As part of your portfolio strategy, you'll ensure a profitable book of Property and Casualty insurance by...

Remote Work

Senior Underwriting Officer, Middle Markets Construction

  • Chicago, IL (20 miles from Downers Grove, IL)
  • 23 days ago
  • Chicago, IL (20 miles from Downers Grove, IL)
  • 23 days ago

Responsibilities: Provides expert technical underwriting assistance and formal referral approval for multiple lines of business (auto, general liability, workers` compensation) in Construction Industry...

Senior Underwriter, Cyber Wholesale Market

  • Chicago, IL (20 miles from Downers Grove, IL)
  • 28 days ago
  • Chicago, IL (20 miles from Downers Grove, IL)
  • 28 days ago

CPCU or professional insurance designation preferred Proven analytical ability to evaluate and judge underwriting risks within scope of responsibility Demonstrated ability to communicate complex analyses...

Construction Excess Casualty Wrap Underwriter (Senior or AVP)

  • Chicago, IL (20 miles from Downers Grove, IL)
  • 45+ days ago
  • Chicago, IL (20 miles from Downers Grove, IL)
  • 45+ 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 Underwriting Assistant

  • Chicago, IL (20 miles from Downers Grove, IL)
  • 13 hours ago
  • Chicago, IL (20 miles from Downers Grove, IL)
  • 13 hours ago

Lines of coverage: Workers Compensation, General Liability, Auto Liability....

Property Underwriters

  • Chicago, IL (20 miles from Downers Grove, IL)
  • 14 hours ago
  • Chicago, IL (20 miles from Downers Grove, IL)
  • 14 hours ago

Chartered Property Casualty Underwriter (CPCU)a plus. Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization....

Senior Underwriter Support Specialist

  • Chicago, IL (20 miles from Downers Grove, IL)
  • 14 hours ago
  • Chicago, IL (20 miles from Downers Grove, IL)
  • 14 hours ago

Do you have a good understanding of commercial insurance policy forms and regulatory requirements, plus a real desire to further develop your skills and career?...

Underwriting Director (Commercial Surety)

  • Chicago, IL (20 miles from Downers Grove, IL)
  • 1 day ago
  • Chicago, IL (20 miles from Downers Grove, IL)
  • 1 day ago

Senior level technical and business management acumen, underwriting skill and knowledge of insurance and underwriting principles, practices and procedures. 4....

Demographic Data for Downers Grove, IL

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

Local
National
57,972
2,436
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.
Coggno
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...
Udemy
Multifamily Real Estate Underwriting Masterclass
Have you thought about investing in real estate, but don't know where to start?The numbers are the most important factor when purchasing real estate.Always buy using logic and reason, never buy a...
Alison
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...
Register to search for more online courses. >>>

Title Synonyms

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Salary for Underwriting Jobs in Downers Grove, 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 Downers Grove, 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 Downers Grove, IL
None
40.0%
2-4 years
26.7%
1-2 years
20.0%
4-6 years
10.0%
6-8 years
3.3%

Qualifications / Skill Sets

The following top skills are often required or desired to land a Underwriting position

In-Demand skills () are the most popular among employers according to the current jobs in our database. Last updated today!

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