Underwriting Jobs in Smithfield, 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.

1-6 of 6 Jobs
Liberty Mutual Insurance

Executive Underwriter, Middle Markets

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...

Underwriter - Remote

  • Norfolk, VA (24 miles from Smithfield, VA)
  • 1 day ago
  • Norfolk, VA (24 miles from Smithfield, VA)
  • 1 day ago

Learns advanced principles and policies of underwriting. Responsible for accurately developing individual and/or employer group rates with minimal guidance from manager....

Remote Work

Group Underwriter Senior

  • Norfolk, VA (24 miles from Smithfield, VA)
  • 1 day ago
  • Norfolk, VA (24 miles from Smithfield, VA)
  • 1 day ago

Stop Loss underwriting experience preferred Demonstrated knowledge, and proficiency in Medical Stop Loss Underwriting....

Group Underwriting Consultant Senior

  • Norfolk, VA (24 miles from Smithfield, VA)
  • 1 day ago
  • Norfolk, VA (24 miles from Smithfield, VA)
  • 1 day ago

Preferred Skills, Capabilities, and Experiences: CPCU, CLU, LOMA, HIAA, PAHM or other insurance related courses preferred....

Underwriter - Remote (Select States)

  • Norfolk, VA (24 miles from Smithfield, VA)
  • 3 days ago
  • Norfolk, VA (24 miles from Smithfield, VA)
  • 3 days ago

Learns advanced principles and policies of underwriting. Responsible for accurately developing individual and/or employer group rates with minimal guidance from manager....

Remote Work

Environmental & Pollution Insurance Underwriter

  • Suffolk, VA (11 miles from Smithfield, VA)
  • 10 days ago
  • Suffolk, VA (11 miles from Smithfield, VA)
  • 10 days ago

Environmental Insurance Lines & Classes: *** Environmental General Liability Exposures. *** Premises Pollution. *** Premises Pollution Healthcare. *** Environmental Impairment Liability - EIL. *** Pollution...

Remote Work

Demographic Data for Smithfield, VA

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


Local
National
18,232
414
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.
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...

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Salary for Underwriting Jobs in Smithfield, 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 Smithfield, 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 Smithfield, 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

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