Underwriting Jobs in Farmingdale, NY

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 34 Jobs

Senior Underwriter

  • Melville, NY (3 miles from Farmingdale, NY)
  • 10 hours ago
  • Melville, NY (3 miles from Farmingdale, NY)
  • 10 hours ago

Preferred: Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC) Ryan Specialty is an Equal Opportunity Employer....

Remote Underwriting Manager, TPO Specialty Products

  • Greenwich, CT (23 miles from Farmingdale, NY)
  • 2 days ago
  • Greenwich, CT (23 miles from Farmingdale, NY)
  • 2 days ago

Makes sound underwriting decisions and ensures that all decisions meet legal and policy requirements....

Remote Work

Group Underwriter Consultant, Senior

  • New Hyde Park, NY (12 miles from Farmingdale, NY)
  • 3 days ago
  • New Hyde Park, NY (12 miles from Farmingdale, NY)
  • 3 days ago

Position is the most senior technical underwriting expert....

Group Underwriter Senior

  • New Hyde Park, NY (12 miles from Farmingdale, NY)
  • 3 days ago
  • New Hyde Park, NY (12 miles from Farmingdale, NY)
  • 3 days ago

Underwriter Senior is responsible for determining acceptability of insurance risks and appropriate premium rates for large, complex renewal and prospect employer groups in accordance with Corporate Underwriting...

Commercial Renewal Underwriter

  • Uniondale, NY (8 miles from Farmingdale, NY)
  • 3 days ago
  • Uniondale, NY (8 miles from Farmingdale, NY)
  • 3 days ago

Risk Mitigation: Identify potential risks and suggest risk mitigation strategies to enhance underwriting practices and minimize exposure....

Loss Mitigation, Underwriter l

  • Greenwich, CT (23 miles from Farmingdale, NY)
  • 4 days ago
  • Greenwich, CT (23 miles from Farmingdale, NY)
  • 4 days ago

Makes sound underwriting decisions and ensures that all decisions meet legal and policy requirements....

Group Underwriter Senior

  • Great Neck, NY (14 miles from Farmingdale, NY)
  • 4 days ago
  • Great Neck, NY (14 miles from Farmingdale, NY)
  • 4 days ago

Underwriter Senior is responsible for determining acceptability of insurance risks and appropriate premium rates for large, complex renewal and prospect employer groups in accordance with Corporate Underwriting...

Group Underwriter Consultant, Senior

  • Great Neck, NY (14 miles from Farmingdale, NY)
  • 4 days ago
  • Great Neck, NY (14 miles from Farmingdale, NY)
  • 4 days ago

Position is the most senior technical underwriting expert....

Commercial Credit Senior Underwriter/Portfolio Manager I, ABL

  • Hauppauge, NY (14 miles from Farmingdale, NY)
  • 7 days ago
  • Hauppauge, NY (14 miles from Farmingdale, NY)
  • 7 days ago

Displays deep understanding of financial regulatory environment as it applies to underwriting most forms of commercial credit transactions....

Manager, Underwriting BCC

  • Jericho, NY (7 miles from Farmingdale, NY)
  • 7 days ago
  • Jericho, NY (7 miles from Farmingdale, NY)
  • 7 days ago

Description: Responsible for the credit analysis and underwriting of new Business Credit Center loans including C&I loan requests up to $7.5 million and Investment Real Estate requests up to $10 million...

Commercial Underwriter II

  • Hauppauge, NY (14 miles from Farmingdale, NY)
  • 9 days ago
  • Hauppauge, NY (14 miles from Farmingdale, NY)
  • 9 days ago

Stay abreast of any changes in loan underwriting policy and procedural changes....

RAH Regions Affordable Housing Underwriter

  • Great Neck, NY (14 miles from Farmingdale, NY)
  • 9 days ago
  • Great Neck, NY (14 miles from Farmingdale, NY)
  • 9 days ago

Through timely and thorough underwriting, this role supports Regions strategy to maintain and expand investor relationships....

SBA Commercial Underwriter

  • Stamford, CT (22 miles from Farmingdale, NY)
  • 12 days ago
  • Stamford, CT (22 miles from Farmingdale, NY)
  • 12 days ago

Applicants must have experience with SBA 7A underwriting....

Loan Assessor/Underwriter (NMLS certified), Hybrid

  • New Hyde Park, NY (12 miles from Farmingdale, NY)
  • 16 days ago
  • New Hyde Park, NY (12 miles from Farmingdale, NY)
  • 16 days ago

Provide Loan Recommendations: Submit recommendations for loan approval or denial to the Loan Review Committee or Underwriting Manager as necessary....

Commercial Lines Underwriter Assistant

  • Huntingtn Sta, NY (6 miles from Farmingdale, NY)
  • 18 days ago
  • Huntingtn Sta, NY (6 miles from Farmingdale, NY)
  • 18 days ago

Merchants has been granted Ward's 50 designation as a top-performing property-casualty insurance company for four consecutive years....

Demographic Data for Farmingdale, NY

Moving to Farmingdale, NY? Find some basic demographic data about Farmingdale, NY below.


Local
National
32,989
2,002
Medium

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...
Insurance: Underwriting Risks Regulatory Practices
Introduction: Insurance underwriting plays a crucial role in assessing risk, determining premiums, and ensuring the financial stability of insurance providers. This course offers an in-depth...

Title Synonyms

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Salary for Underwriting Jobs in Farmingdale, NY

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 Farmingdale, NY 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 Farmingdale, NY
None
40.0%
2-4 years
26.7%
1-2 years
20.0%
4-6 years
10.0%
6-8 years
3.3%


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