Underwriting Jobs in Joliet, 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.
- Liberty Mutual Insurance
- Warrenville, IL (20 miles from Joliet, IL)
- 2 hours ago
- Liberty Mutual Insurance
- Warrenville, IL (20 miles from Joliet, IL)
- 2 hours 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 (17 miles from Joliet, IL)
- 1 day ago
- Liberty Mutual Insurance
- Aurora, IL (17 miles from Joliet, IL)
- 1 day 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 WorkCommercial Underwriter, Senior
- Hickory Hills, IL (24 miles from Joliet, IL)
- 2 days ago
- Hickory Hills, IL (24 miles from Joliet, IL)
- 2 days ago
Meet quality standards as outlined in underwriting guidelines and policy; evaluation by Loan Review, OCC, to ensure acceptable underwriting or accurate asset quality ratings (AQR)....
- Hickory Hills, IL (24 miles from Joliet, IL)
- 6 days ago
- Hickory Hills, IL (24 miles from Joliet, IL)
- 6 days ago
Key Accountabilities Underwrite and Decision Loans Underwrite and decision renewals and new credit requests focusing on appropriate due diligent, risk assessment and asset quality ratings (AQR) Meet...
- Hickory Hills, IL (24 miles from Joliet, IL)
- 6 days ago
- Hickory Hills, IL (24 miles from Joliet, IL)
- 6 days ago
Key Accountabilities Underwrite and Decision Loans Underwrite and decision renewals and new credit requests focusing on appropriate due diligent, risk assessment and asset quality ratings (AQR) Meet...
Senior Portfolio Consumer Underwriter
- Oak Brook, IL (23 miles from Joliet, IL)
- 11 days ago
- Oak Brook, IL (23 miles from Joliet, IL)
- 11 days ago
, Underwriting Guidelines...
Meet quality standards as outlined in underwriting guidelines and policy; evaluation by Loan Review, OCC, to ensure acceptable underwriting or accurate asset quality ratings (AQR)....
Account Executive Officer/Sr. Underwriter, Specialty Group Captives
- Downers Grove, IL (21 miles from Joliet, IL)
- 14 days ago
- Downers Grove, IL (21 miles from Joliet, IL)
- 14 days ago
CPCU designation. What is a Must Have? 4 years of underwriting experience. What Is in It for You?...
E&S Specialty Underwriter (Naperville IL, Plano TX, Leawood, KS or Dublin, OH)
- Naperville, IL (16 miles from Joliet, IL)
- 14 days ago
- Naperville, IL (16 miles from Joliet, IL)
- 14 days ago
Under limited direction and supervision, independently underwrites and markets assigned products by providing high levels of risk assessment and technical underwriting expertise to determine underwriting...
- Naperville, IL (16 miles from Joliet, IL)
- 18 days ago
- Naperville, IL (16 miles from Joliet, IL)
- 18 days ago
Key Responsibilities Risk Evaluation & Underwriting: Assess and underwrite primary casualty risks, including general liability, products liability, and liquor liability....
Senior Underwriter Excess Casualty
- Naperville, IL (16 miles from Joliet, IL)
- 18 days ago
- Naperville, IL (16 miles from Joliet, IL)
- 18 days ago
Professional designations such as CPCU, ASLI, or CIC. Experience with underwriting platforms, pricing models, and data analytics tools....
- Naperville, IL (16 miles from Joliet, IL)
- 18 days ago
- Naperville, IL (16 miles from Joliet, IL)
- 18 days ago
Key Responsibilities Risk Evaluation & Underwriting:Underwrite new and renewal accounts for general liability, excess liability, and other casualty lines within E&S guidelines and authority.Assess exposures...
- Downers Grove, IL (21 miles from Joliet, IL)
- 27 days ago
- Downers Grove, IL (21 miles from Joliet, IL)
- 27 days ago
Keeps informed of current underwriting practices and assists in updating the Bank underwriting policies....
- Naperville, IL (16 miles from Joliet, IL)
- 30+ days ago
- Naperville, IL (16 miles from Joliet, IL)
- 30+ days ago
Role overview: Gather underwriting information to properly evaluate commercial risks for acceptability within company guidelines. Underwrite for profit....
Account Executive / Underwriter - Small Commercial
- Downers Grove, IL (21 miles from Joliet, IL)
- 30+ days ago
- Downers Grove, IL (21 miles from Joliet, IL)
- 30+ days ago
CPCU designation. What is a Must Have? Two years of underwriting experience. What Is in It for You?...
Demographic Data for Joliet, IL
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Underwriting Online Courses and Training Opportunities
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Salary for Underwriting Jobs in Joliet, IL
Required or preferred licenses and certifications for Underwriting positions.
Highest Education Level
Underwritings in Joliet, 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
- Financial Analysis
- Goal Oriented
- Reimbursement
- Risk Management
- Referrals
- Relationship Management
- Finance
- Analytical Skills
- Accounting
- Retail
- High School Diploma
- Decision Making
- Negotiation
- Written Communication
- Auditing
- Presentation
- Flexibility
- Mentoring
- Documentation
- Reporting
- Collaboration
- Coaching
- Bachelor's Degree
- Filing
- Sales
- Critical Thinking
- Policy Development
- Problem Solving
- Microsoft Office
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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