Underwriting Jobs in Hoffman Estates, 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
Liberty Mutual Insurance

Senior Surety Underwriter

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

AVP Underwriting Manager - Group Captives

  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 1 day ago
  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 1 day 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 Lending Underwriting Manager

  • Hoffman Estates, IL
  • 2 days ago
  • Hoffman Estates, IL
  • 2 days ago

About this role: Wells Fargo Inventory Finance is seeking an Underwriting Manager to join our team....

Secured Lending Underwriting Associate

  • Hoffman Estates, IL
  • 6 days ago
  • Hoffman Estates, IL
  • 6 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...

Senior Underwriter

  • Itasca, IL (14 miles from Hoffman Estates, IL)
  • 7 days ago
  • Itasca, IL (14 miles from Hoffman Estates, IL)
  • 7 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 (9 miles from Hoffman Estates, IL)
  • 8 days ago
  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 8 days ago

The Opportunity The Referral Underwriting Manager oversees Underwriting Guidelines and underwriting referral submissions from third party insurance carriers and MGA partners....

Business Banking Underwriter IV - Practice Finance

  • Rosemont, IL (17 miles from Hoffman Estates, IL)
  • 10 days ago
  • Rosemont, IL (17 miles from Hoffman Estates, IL)
  • 10 days ago

Basic Qualifications: Bachelor's Degree Minimum 5 years of experience analyzing and underwriting loans for business/commercial clients....

Remote Work

E&S Primary Casualty Underwriter (Senior or AVP)

  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 13 days ago
  • Schaumburg, IL (9 miles from Hoffman Estates, 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....

Account Executive Officer/Sr. Underwriter, Specialty Group Captives

  • Downers Grove, IL (24 miles from Hoffman Estates, IL)
  • 14 days ago
  • Downers Grove, IL (24 miles from Hoffman Estates, IL)
  • 14 days ago

CPCU designation. What is a Must Have? 4 years of underwriting experience. What Is in It for You?...

Production Underwriter

  • Rolling Meadows, IL (8 miles from Hoffman Estates, IL)
  • 19 days ago
  • Rolling Meadows, IL (8 miles from Hoffman Estates, IL)
  • 19 days ago

How will you contribute to the business: Establish and cultivate insurance broker relationships, with regular check-ins to review their book of insurance with us and any comments/concerns Underwrite...

MRSGNA Associate Underwriter, Surety

  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 19 days ago
  • Schaumburg, IL (9 miles from Hoffman Estates, IL)
  • 19 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...

Executive Underwriter, Inland Marine

  • Itasca, IL (14 miles from Hoffman Estates, IL)
  • 19 days ago
  • Itasca, IL (14 miles from Hoffman Estates, IL)
  • 19 days ago

Collaborates with and provides oversight to the junior underwriting staff on portfolio management and strategic underwriting decisions to ensure production, financial and underwriting objectives with...

Underwriter/Broker - Wholesale Insurance

  • Rolling Meadows, IL (8 miles from Hoffman Estates, IL)
  • 20 days ago
  • Rolling Meadows, IL (8 miles from Hoffman Estates, IL)
  • 20 days ago

Proactively stay abreast on relevant industry and market trends that impact underwriting guidelines, pricing and premiums....

ABL Underwriter III

  • Rosemont, IL (17 miles from Hoffman Estates, IL)
  • 20 days ago
  • Rosemont, IL (17 miles from Hoffman Estates, IL)
  • 20 days ago

Minimum 10 years' experience in ABL Underwriting or Portfolio Management. Preferred Qualifications: Sharp analytical and decision-making skills....

Remote Work

Business Banking Underwriter IV

  • Rosemont, IL (17 miles from Hoffman Estates, IL)
  • 20 days ago
  • Rosemont, IL (17 miles from Hoffman Estates, IL)
  • 20 days ago

Previous authority to underwrite and decision credits without additional signers....

Remote Work

Demographic Data for Hoffman Estates, IL

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


Local
National
12,812,477
319,486

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...
AI for Loan Underwriting
Artificial Intelligence (AI) is transforming the financial landscape, particularly in loan underwriting, by enhancing efficiency, accuracy, and risk assessment. This course, AI for Loan...
Mortgage Underwriting Problems & Solutions Mastercourse
Are you looking to master the mortgage underwriting process and confidently solve complex loan scenarios? Do you want to start working as an underwriter but need real-life underwriting...

Title Synonyms

Users interested in this job title also searched for the following job titles


Salary for Underwriting Jobs in Hoffman Estates, 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 Hoffman Estates, IL offer the following education background
Bachelor's Degree
49.6%
Master's Degree
14.4%
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 Hoffman Estates, IL
None
40.0%
2-4 years
26.7%
1-2 years
20.0%
4-6 years
10.0%
6-8 years
3.3%


Other Career Titles

Here are some other career titles that require similar skills