Underwriting Jobs in Springfield, 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.
Remote Senior Underwriter, Small Commercial - Central
- Liberty Mutual Insurance
- Springfield, IL
- 1 day ago
- Liberty Mutual Insurance
- Springfield, 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 WorkMakes sound underwriting decisions and ensures that all decisions meet legal and policy requirements....
Act as lead Underwriting Assistant on key large group accounts. Responsible for delegating Underwriting Assistant work & participation in projects. Participates in renewal underwriting process....
Makes sound underwriting decisions and ensures that all decisions meet legal and policy requirements....
Makes sound underwriting decisions and ensures that all decisions meet legal and policy requirements....
Underwriting Officer, Ocean Marine - Hull & Liabilities
- Springfield, IL
- 28 days ago
- Springfield, IL
- 28 days ago
As an Underwriting Officer, Ocean Marine, you are an underwriting subject matter expert and integral member of a field leadership team....
Previous physical damage insurance underwriting experience preferred. Prior leadership experience is preferred. Bachelor's degree in business related discipline preferred....
, and general oversite of the underwriting team that reports to them....
Minimum four years of commercial credit underwriting or equivalent commercial lending experience preferred. Understanding of dealership and wholesale administration a plus....
Senior Program Underwriting Specialist (Property & Casualty)
- Springfield, IL
- 30+ days ago
- Springfield, IL
- 30+ 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....
Ally Mgr - Insurance Underwriting in Springfield , Illinois General information Ref # 19342 Remote?...
Demographic Data for Springfield, IL
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Underwriting Online Courses and Training Opportunities
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Salary for Underwriting Jobs in Springfield, IL
Required or preferred licenses and certifications for Underwriting positions.
Highest Education Level
Underwritings in Springfield, 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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