Underwriting Jobs in Illinois
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.
Executive Underwriter, Loss Sensitive - Large Construction
- Liberty Mutual Insurance
- Chicago, IL
- 2 hours ago
- Liberty Mutual Insurance
- Chicago, IL
- 2 hours ago
Expert-level knowledge of insurance products/coverage, underwriting, pricing, risk selection, market segments and marketplace; insurance finance and actuarial concepts; loss control/risk engineering...
Remote Senior Underwriter, Small Commercial - Central
- Liberty Mutual Insurance
- Aurora, IL
- 20 hours ago
- Liberty Mutual Insurance
- Aurora, IL
- 20 hours 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
Surety Home Office Executive Underwriter
- Liberty Mutual Insurance
- Chicago, IL
- 1 day ago
- Liberty Mutual Insurance
- Chicago, IL
- 1 day ago
Responsibilities: Underwrites new and existing contract account submissions of a wide range in size and complexity utilizing underwriting authority granted by Chief Underwriting Officer....
Executive Underwriter, Middle Markets Construction
- Liberty Mutual Insurance
- Chicago, IL
- 2 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 2 days ago
Qualifications Intermediate-level knowledge of insurance products/coverage, underwriting, pricing, risk selection, market segments and marketplace; insurance finance and actuarial concepts; loss control...
Executive Underwriter, Middle Market Technology
- Liberty Mutual Insurance
- Chicago, IL
- 5 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 5 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...
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
Executive Underwriter, Liberty Mutual Mobility Solutions
- Liberty Mutual Insurance
- Chicago, IL
- 7 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 7 days ago
Description Liberty Mutual Mobility Solutions (LMMS) is a highly collaborative team that draws on the firm's vast commercial and personal lines capabilities to bring a full range of tailored solutions...
Sr Underwriting Officer, Liberty Mutual Mobility Solutions
- Liberty Mutual Insurance
- Chicago, IL
- 12 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 12 days ago
Responsibilities: Provides expert technical underwriting assistance and formal referral approval for multiple lines of business (auto, general liability, workers compensation) in Mobility Solutions....
Chief Underwriter, North America Middle Market
- Liberty Mutual Insurance
- Chicago, IL
- 13 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 13 days ago
Product, pricing & underwriting expertise in Commercial & Specialty Lines. Manages underwriting results to achieve corporate profitability....
Executive Underwriter, Ironshore Environmental Wholesale Distribution
- Liberty Mutual Insurance
- Chicago, IL
- 13 days ago
- Liberty Mutual Insurance
- Chicago, IL
- 13 days ago
They contribute to maintaining a profitable, diversified book of business through effective underwriting decision making, mutually beneficial agent/brokers relationships, and application of underwriting...
- Liberty Mutual Insurance
- Warrenville, IL
- 14 days ago
- Liberty Mutual Insurance
- Warrenville, IL
- 14 days ago
Proven analytical ability to evaluate and judge surety underwriting risks within scope of responsibility. AFSB certification preferred....
Private Equity Underwriter, Middle Markets (Senior or AVP)
- Chicago, IL
- 45+ days ago
- Chicago, 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....
FHA Underwriter The Senior FHA Underwriter is responsible for overseeing underwriting for multifamily loans; be able to provide direction and grow/develop the existing team of underwriters....
Makes sound underwriting decisions and ensures that all decisions meet legal and policy requirements....
Demonstrates significant contribution to underwriting profit and best practices....
Demographic Data for Illinois
Moving to Illinois? Find some basic demographic data about Illinois 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 Illinois
Required or preferred licenses and certifications for Underwriting positions.
Highest Education Level
Underwritings in Illinois 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
Other Career Titles
Here are some other career titles that require similar skills