Underwriting Jobs in Elgin, 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.
Senior Surety Underwriter - Core Contract (Chicago)
- Liberty Mutual Insurance
- Hoffman Estates, IL (10 miles from Elgin, IL)
- 2 days ago
- Liberty Mutual Insurance
- Hoffman Estates, IL (10 miles from Elgin, IL)
- 2 days ago
Proven analytical ability to evaluate and judge surety underwriting risks within scope of responsibility. AFSB certification preferred....
- Liberty Mutual Insurance
- Warrenville, IL (13 miles from Elgin, IL)
- 3 days ago
- Liberty Mutual Insurance
- Warrenville, IL (13 miles from Elgin, IL)
- 3 days ago
Proven analytical ability to evaluate and judge surety underwriting risks within scope of responsibility. AFSB certification preferred....
Remote Senior Underwriter, Small Commercial - Central
- Liberty Mutual Insurance
- Aurora, IL (15 miles from Elgin, IL)
- 4 days ago
- Liberty Mutual Insurance
- Aurora, IL (15 miles from Elgin, IL)
- 4 days ago
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- Itasca, IL (11 miles from Elgin, IL)
- 4 hours ago
- Itasca, IL (11 miles from Elgin, IL)
- 4 hours ago
The Underwriter is responsible for evaluating and underwriting stop-loss insurance....
Underwriting Assistant II - Striior (Hybrid)
- Naperville, IL (17 miles from Elgin, IL)
- 1 day ago
- Naperville, IL (17 miles from Elgin, IL)
- 1 day ago
The opportunity We currently have an opportunity for an Underwriting Assistant II to join our Specialty Striior team based in our Naperville, IL office....
Underwriting Assistant- Striior (Hybrid Full Time or Part Time)
- Naperville, IL (17 miles from Elgin, IL)
- 1 day ago
- Naperville, IL (17 miles from Elgin, IL)
- 1 day ago
Scans and attaches documentation into underwriting system. Orders various reports, such as MVR’s and ISO rate surveys, as applicable....
MRSGM NA Associate Underwriter, Surety
- Schaumburg, IL (7 miles from Elgin, IL)
- 2 days ago
- Schaumburg, IL (7 miles from Elgin, IL)
- 2 days ago
Job Profile Handling risks submitted by field offices/agents and specific risks assigned by management Gather underwriting information and make underwriting recommendations on bonds/aggregates (new...
Sr. Credit Underwriter - Distribution Finance
- Schaumburg, IL (7 miles from Elgin, IL)
- 2 days ago
- Schaumburg, IL (7 miles from Elgin, IL)
- 2 days ago
Duties and Responsibilities: Underwrite high quality credit narratives in support of new and existing loans....
Remote Work- Rosemont, IL (17 miles from Elgin, IL)
- 2 days ago
- Rosemont, IL (17 miles from Elgin, IL)
- 2 days ago
Basic Qualifications: Bachelor's Degree Minimum of 5 years' experience analyzing and underwriting loans for business/commercial clients....
Remote WorkCommercial Lines Associate Underwriter (Commercial P&C)
- Lisle, IL (17 miles from Elgin, IL)
- 2 days ago
- Lisle, IL (17 miles from Elgin, IL)
- 2 days ago
As a property and casualty insurance company, Amerisure's promise to our partner agencies and policyholders begins with a comprehensive line of insurance products designed to protect businesses, as...
AVP Underwriting Manager - Group Captives
- Schaumburg, IL (7 miles from Elgin, IL)
- 4 days ago
- Schaumburg, IL (7 miles from Elgin, IL)
- 4 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....
Sr. Technology & Life Sciences Loss Sensitive Underwriter, Account Executive Officer
- Downers Grove, IL (17 miles from Elgin, IL)
- 5 days ago
- Downers Grove, IL (17 miles from Elgin, IL)
- 5 days ago
+ Four years of underwriting experience. What Is in It for You?...
Secured Lending Underwriting Associate
- Hoffman Estates, IL (10 miles from Elgin, IL)
- 10 days ago
- Hoffman Estates, IL (10 miles from Elgin, IL)
- 10 days ago
**In this role, you will:** + Participate in the underwriting of less complex floor plan lending transactions within Distribution Finance Underwriting functional area + Review less complex issues, policies...
- Itasca, IL (11 miles from Elgin, IL)
- 10 days ago
- Itasca, IL (11 miles from Elgin, IL)
- 10 days ago
Research underwriting issues and marketplace conditions and report to underwriting and marketing team to maintain competitive edge and industry awareness....
Referral Underwriting Manager - Garage Insurance
- Schaumburg, IL (7 miles from Elgin, IL)
- 12 days ago
- Schaumburg, IL (7 miles from Elgin, IL)
- 12 days ago
The Opportunity The Referral Underwriting Manager oversees Underwriting Guidelines and underwriting referral submissions from third party insurance carriers and MGA partners....
Demographic Data for Elgin, IL
Moving to Elgin, IL? Find some basic demographic data about Elgin, IL below.
Underwriting Online Courses and Training Opportunities
Title Synonyms
Users interested in this job title also searched for the following job titles
Salary for Underwriting Jobs in Elgin, IL
Required or preferred licenses and certifications for Underwriting positions.
Highest Education Level
Underwritings in Elgin, IL offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Underwriting position
- Credit Underwriting
- Lending
- Cash Flow Analysis
- Mortgage Underwriting
- FHLMC
- Federal National Morgage Association
- Jumbo Loans
- General Liability
- Property and Casualty Insurance
- Personal Lines
- Professional Liability
- Coverage Analysis
- Insurance Underwriting
- Umbrella Insurance
- Loss Control
- Property Insurance
- Commercial Insurance
- Premium Audit
- Agency Management
- Cross Selling
- Underwriting
- Claims
- Balance Sheets
- Financial Statements
- Mortgage Processing
- Appraisal
- Workers' Compensation
- File Management
- Goal Oriented
- Financial Analysis
- Reimbursement
- Risk Management
- Referrals
- Relationship Management
- Finance
- Analytical Skills
- Accounting
- Retail
- High School Diploma
- Decision Making
- Negotiation
- Written Communication
- Auditing
- Presentation
- Mentoring
- Documentation
- Collaboration
- Reporting
- Employee Development
- Interpersonal Skills
- Coaching
- Bachelor's Degree
- Filing
- Sales
- Policy Development
- Problem Solving
- Microsoft Office
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills