Underwriting Jobs in Colchester, VT

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.

1-4 of 4 Jobs
Liberty Mutual Insurance

Remote Senior Underwriter, Small Commercial - East

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

Insurance Analyst - Colliers Mortgage

  • Burlington, VT (6 miles from Colchester, VT)
  • 9 days ago
  • Burlington, VT (6 miles from Colchester, VT)
  • 9 days ago

This is a great opportunity for someone who is looking to break into both the commercial real estate andor commercial insurance industry....

Insurance Program Underwriter - Personal Grooming & Fitness Business

  • Burlington, VT (6 miles from Colchester, VT)
  • 13 days ago
  • Burlington, VT (6 miles from Colchester, VT)
  • 13 days ago

Experience Sought: *** Bachelors degree. *** 7+ years of experience underwriting commercial insurance. *** Expertise in customizing coverage solutions for various line of business....

Remote Work

Excess & Surplus - Production Underwriter

  • Fairfield, VT (20 miles from Colchester, VT)
  • 30+ days ago
  • Fairfield, VT (20 miles from Colchester, VT)
  • 30+ days ago

preferred ASLI or CPCU designations preferred candidates with a carrier background will be given preference; complete training is provided in Cincinnati, OH, prior to deployment to regional territory...

Demographic Data for Colchester, VT

Moving to Colchester, VT? Find some basic demographic data about Colchester, VT below.


Local
National
17,536
505
Medium/Sm

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.
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...
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...
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...

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Salary for Underwriting Jobs in Colchester, VT

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 Colchester, VT 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 Colchester, VT
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