Underwriting Jobs in Richmond, VA

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 37 Jobs

Qualifications Degree in Business or equivalent typically required A minimum of 2.5 years, typically 5 or more years, of progressive underwriting experience and/or other related experience CPCU or professional...

Loss Mitigation, Underwriter l

  • Richmond, VA
  • 14 hours ago
  • Richmond, VA
  • 14 hours ago

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

Group Underwriter Consultant, Senior

  • Richmond, VA
  • 18 hours ago
  • Richmond, VA
  • 18 hours ago

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

Casualty Underwriter Team Lead

  • Glen Allen, VA (6 miles from Richmond, VA)
  • 3 days ago
  • Glen Allen, VA (6 miles from Richmond, VA)
  • 3 days ago

underwriting trainee(s)....

Underwriting Technician Trainee

  • Richmond, VA
  • 3 days ago
  • Richmond, VA
  • 3 days ago

Currently seeking a detail-oriented individual for our Underwriting Technician Trainee opportunity, which is a developmental position....

Consumer Underwriter

  • Richmond, VA
  • 4 days ago
  • Richmond, VA
  • 4 days ago

**The Work Itself** * Improve portfolio revenue by practicing sound underwriting judgment and risk management principles* Ensure compliance with underwriting policies; elevate risk issues, and stay...

Remote Work

Executive Underwriter, National Accounts Casualty

  • Glen Allen, VA (6 miles from Richmond, VA)
  • 5 days ago
  • Glen Allen, VA (6 miles from Richmond, VA)
  • 5 days ago

Maintain satisfactory underwriting quality control standards. Qualifications 5+ years of casualty lines underwriting experience; loss-sensitive casualty underwriting experience preferred....

Binding Authority Underwriting Associate

  • Richmond, VA
  • 5 days ago
  • Richmond, VA
  • 5 days ago

Advanced technical expertise, underwriting skill and high level of knowledge of insurance and underwriting principles, practices and procedures....

Inland Marine Underwriting Director

  • Glen Allen, VA (6 miles from Richmond, VA)
  • 5 days ago
  • Glen Allen, VA (6 miles from Richmond, VA)
  • 5 days ago

and other terms and conditions; rate rule and form compliance; limits management; use of loss control and/or risk management, use of facultative reinsurance; and quoting, binding and issuance process...

Underwriter (Sports & Entertainment)

  • Richmond, VA
  • 6 days ago
  • Richmond, VA
  • 6 days ago

The Company operates in two specialty property and casualty insurance segments: Excess and Surplus Lines and Specialty Admitted Insurance....

AVP, Casualty Underwriter Sales Team Lead

  • Glen Allen, VA (6 miles from Richmond, VA)
  • 11 days ago
  • Glen Allen, VA (6 miles from Richmond, VA)
  • 11 days ago

underwriting trainee(s)....

Managing Director, Underwriting Specialist Commercial Markets

  • Richmond, VA
  • 14 days ago
  • Richmond, VA
  • 14 days ago

Implement and monitor Commercial Markets underwriting policies and procedures....

Sr. Underwriter, Professional Liability

  • Glen Allen, VA (6 miles from Richmond, VA)
  • 18 days ago
  • Glen Allen, VA (6 miles from Richmond, VA)
  • 18 days ago

Direct loss control services on specific issues for better risk assessment Utilize underwriting tools to determine accurate classifications, rates, and premium charges....

Sr. Underwriter, Commercial Property

  • Glen Allen, VA (6 miles from Richmond, VA)
  • 20 days ago
  • Glen Allen, VA (6 miles from Richmond, VA)
  • 20 days ago

Direct loss control services on specific issues for better risk assessment Utilize underwriting tools to determine accurate classifications, rates, and premium charges....

Group Underwriter Sr

  • Richmond, VA
  • 30+ days ago
  • Richmond, VA
  • 30+ days ago

Preferred Skills, Capabilities and Experiences: Level funded medical underwriting experience strongly preferred. CPCU, CLU, LOMA, HIAA or other insurance related courses preferred....

Demographic Data for Richmond, VA

Moving to Richmond, VA? Find some basic demographic data about Richmond, VA below.


Local
National
402,522
11,586
Large

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...

Title Synonyms

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Salary for Underwriting Jobs in Richmond, VA

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 Richmond, VA 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 Richmond, VA
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