Insurance Underwriter

Chicago FULL TIME $70,000 - $90,000 / Year
($5,833 - $7,500 / Month)

Job Description

Looking for a detail-oriented Insurance Underwriter to join our growing team. You will be responsible for analyzing data to determine insurer risk and pricing policies accordingly. This role involves collaborating with agents and clients to finalize insurance coverage that meets both their needs and our company's standards. Strong communication skills and a proactive approach to problem-solving are essential.

Responsibilities

  • Conduct thorough risk assessments for new policies.
  • Develop underwriting guidelines and criteria for new products.
  • Review financial statements and client documents.
  • Participate in strategic planning meetings to drive policy improvements.
  • Monitor market trends that might affect underwriting policies.
  • Provide feedback on underwriting software and processes.

Requirements

Education
  • Bachelor's degree in Business, Finance, or Insurance
  • Master's degree is a plus
Experience
  • 5+ years of experience in insurance underwriting or related field
Technical Skills
  • Data Analysis
  • Insurance Laws and Regulations
Soft Skills
  • Negotiation Skills
  • Attention to Detail
Certifications
  • Associate in Commercial Underwriting (AU)
Languages
  • English: Fluent

Advantageous

  • Networking and Industry Connections: Established connections within the insurance industry.
  • Advanced Excel Skills: Proficient in using Excel for detailed analysis and reporting.

Benefits

  • Health coverage, dental, and vision plans
  • Retirement savings plan with employer contributions
  • Flexible working schedules
  • Employee assistance programs

Company Culture

  • Team Collaboration: We believe that collaboration leads to better results and a more enjoyable work environment.
  • Diversity and Inclusion: We promote a diverse and inclusive workplace where everyone feels valued and respected.
  • Work-Life Balance: We are committed to helping our employees achieve a healthy work-life balance.
Status: Closed