Underwriter Jobs in Lemont, IL

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  • Underwriter - 79929

    Swoon 4.3company rating

    Underwriter Job 20 miles from Lemont

    I'm working with a leading insurance and investment organization, looking to add an Underwriter to their Property team! Salary: $90-120k/yr Why We Love This Opportunity: Pension plan which employees are eligible for after 5 years Great work life balance Opportunity to learn a lot on all sides of the insurance business Laid back, team player culture Competitive salary + benefits Experience: 1+ year of underwriting experience Experience underwriting for property Commercial insurance experience Maintain existing account books, develop new business account production, and develop insurance proposals Strong communicator with independent work traits Interested? Apply now!
    $90k-120k yearly 34d ago
  • Underwriter Professional Risks

    Bellwether Staffing Solutions

    Underwriter Job 20 miles from Lemont

    We are currently recruiting for an Underwriter Professional Risks - Allied Health in Chicago, IL. This is a hybrid position requiring 2 days in office and 3 days remote and some travel. The ideal candidate will have 2-4+ years of experience underwriting Allied Healthcare and / or Professional Risks driving new business and underwriting complex renewal business within Allied Health. 105K-120K Base based on experience + bonus + full benefits package. Responsibilities: Underwrite, price and negotiate accounts consistent with the quality of the risk for professional risk - Allied Health Develop new broker relationships and increase depth of existing broker relationships throughout region to increase production Engage with the Allied Healthcare team to develop professionally Play a key role in executing on regional plan Serve as relationship manager for several key Allied Healthcare brokers and spearheading broker turnarounds Maintain excellent customer service standards Obtain & maintain underwriting authority in Allied Healthcare practice area Monitor product results and develop ideas to increase productivity and profitability Regional travel required including industry events and broker visits Requirements: B.A./B.S degree is preferred 2-4+ years of experience in Allied Healthcare or Professional Liability coverage Customer-centric mind-set and passionate about the power of superior customer service Strong understanding of sales principles, presentation and negotiation skills Proven track record of understanding and delivering meaningful underwriting profit The ability to identify business needs Strong interpersonal skills and ability to work independently in a collaborative environment Willingness to develop business, with travel throughout the U.S. up to 25%, required No sponsorship. Local candidates only. Commutable to downtown Chicago area. Hybrid in-office 2 days.105K-120K Base based on experience + bonus + full benefits package.
    $50k-83k yearly est. 13d ago
  • Excess Casualty Underwriter

    Trucapital Partners

    Underwriter Job 20 miles from Lemont

    About the Company: Our client is a prominent privately held insurance group in the United States, offering property-casualty insurance on both non-admitted and admitted bases. They operate through two main segments: the Bind Division, catering to smaller businesses, and the Brokerage Division, addressing the needs of small to medium-sized firms and larger enterprises. Supported by affiliated insurers, each holding an excellent financial strength rating, the company underwrites on both admitted and non-admitted bases across the United States. About the Role: The Excess Casualty Underwriter will be responsible for developing and maintaining a profitable portfolio of excess casualty business by collaborating with wholesale agents, determining appropriate pricing and coverage terms, and ensuring strict adherence to underwriting standards. This role requires over five years of excess casualty underwriting experience, exceptional analytical skills, and the ability to build and nurture client relationships while staying updated on industry trends. Responsibilities: Underwrite lead and excess liability business in accordance with company processes, procedures, philosophy, and appetite. Evaluate individual risk characteristics to determine capacity, attachment points, terms, and pricing. Maintain and enhance existing wholesale broker relationships and develop new ones both regionally and outside the territory. Adapt underwriting techniques to guidelines and rating plans to accommodate a range of account sizes and operations. Develop and execute marketing plans aimed at retaining existing business and generating new opportunities. Collaborate and cross-sell with other lines of business within the organization. Assess appropriate pricing and coverage terms for submissions. Monitor and evaluate the performance of underwritten policies. Support the achievement of production, marketing, and profitability targets. Stay updated on industry trends, competitor activities, and claims data impacting risk assessment. Conduct thorough risk assessments ensuring adherence to underwriting standards. Mentor and train junior underwriters within the team. Coordinate and prepare materials for client presentations and meetings. Ensure compliance with regulatory requirements and internal guidelines. Develop and maintain strong relationships with clients and stakeholders. Assist in the development and refinement of underwriting policies and procedures. Provide technical support and guidance to the underwriting team. Analyze and report on underwriting performance metrics and trends. Qualifications: Established relationships with regional wholesale brokers and the ability to move business is a plus. 5+ years of excess casualty underwriting experience. Bachelor's degree from a four-year college or university, preferred. Excellent oral and written communication skills. Strong analytical and organizational skills. CPCU designation license preferred. Comprehensive understanding of excess casualty underwriting coverages. Proven ability to analyze data and make informed risk decisions. Ability to manage multiple tasks effectively and meet deadlines. Strong interpersonal skills, capable of building and maintaining business relationships. Familiarity with industry trends and regulatory requirements. Proficient in underwriting software and tools. Ability to work independently and collaboratively within a team. Commitment to continuous professional development and staying current with industry practices. Self-motivated and capable of making well-informed decisions.
    $50k-83k yearly est. 22d ago
  • Commercial Real Estate Underwriter

    Veritas Partners 4.5company rating

    Underwriter Job 20 miles from Lemont

    Our client, a specialty finance company in Chicago, IL, is currently seeking a Vice President, Commercial Real Estate Underwriter to join their growing team. The incumbent will underwrite a variety of commercial real estate assets including hotel, retail, industrial, multifamily, self-storage, manufactured home communities, student housing, and healthcare real estate up to $75MM. Responsibilities Conduct detailed investment analysis to assess the risk and credit dynamics of each transaction Transaction due diligence and market analysis Financial modeling Preparation of credit memos Present financial information to senior management Manage closing process Qualifications Bachelor's degree is required Minimum of seven years of CRE underwriting experience Strong CRE market knowledge Experience with a variety of asset types Must have Microsoft Excel experience CoStar and Argus experience preferred Team player and excellent communicator
    $83k-107k yearly est. 13d ago
  • Mortgage Underwriter Manager

    Busey 4.5company rating

    Underwriter Job 29 miles from Lemont

    The Mortgage Underwriter Manager coordinates, manages, and supports the functions of underwriting and processing in the mortgage loan process. In addition, this position is the Senior Underwriter and also underwrites and processes mortgage loans as a part of the production of the department. Primary Responsibilities Underwrites the FHA/ VA loans and conventional loans with a Refer or Caution risk class from an automated underwriting system. Underwrites and approves nonconforming loans. Reviews and approves exceptions to Lending Policy. Ensures overall compliance with mortgage regulations through research and training of staff. Examines and modifies current operating procedures to maximize efficiency. Develops and updates lending policy manual as necessary. Supervises, schedules, trains, evaluates, informs, and provides direction to underwriting staff. Education, Experience & Skills Required Knowledge of: Strong oral and written communication skills FannieMae, FreddieMac, FHA, and VA Guidelines Regulatory compliance requirements Strong organizational skills Strong mathematical skills Ability to: Maintain confidentiality of customer information Take more than normal care to prevent loss to the organization Underwrite and review closed loan files within given time frame Perform duties under frequent time pressures Solve problems independently while applying logic and discretion Education and Training: Requires Bachelor's degree or five more years of mortgage underwriting experience. Mortgage processing experience is preferred. Requires knowledge of Microsoft Office. Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey's Equal Opportunity Employment.
    $46k-56k yearly est. 60d+ ago
  • Environmental Underwriter

    Everest Group Ltd. 3.8company rating

    Underwriter Job 20 miles from Lemont

    About Everest Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Europe, Bermuda, Canada, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people. Everest is a growth company offering Property, Casualty, and specialty products among others, through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service, and customized solutions. Our insurance arm draws upon impressive global resources and financial strength to tailor each policy to meet the individual needs of our customers. At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including: * Generous tuition/continuing education reimbursement * Mentoring opportunities * Flexible work arrangements * Talent development initiatives * Networking groups Job Summary: Responsibilities include but not limited to: * New and renewal business production underwriting of monoline pollution business including Site Pollution Liability, Contractors Pollution Liability, and Contractors Pollution & Professional Liability * Adherence to underwriting authority and guidelines * Building a profitable book of business * Developing strong customer relationships through providing top-notch service Qualifications, Education & Experience: * Bachelor's degree or above and insurance certifications, environmental engineering/science and technical knowledge a plus * 5 -10 years of experience in monoline pollution production underwriting, including contaminated property transactions and construction wrap-up projects * Wholesale and retail distribution experience required with a strong broker following Knowledge, Skills & Competencies: * Proven ability to generate profitable new business * Strong relationship management skills * Excellent analytical, communication, and computer skills * Ability to successfully complete multiple tasks concurrently within a fast-paced, dynamic, and team-oriented, working environment * A positive, customer-oriented approach * Ability to travel required at least 25%. Our Culture At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. * Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion. * Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together. For CA and NYC Only: The base salary range for this position is $145,000 - $175,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve. #LI-Hybrid #LI-AS1 Type: Regular Time Type: Full time Primary Location: Philadelphia, PA Additional Locations: Boston, MA, Chicago, IL - South Riverside, Houston, TX, Los Angeles, CA, San Francisco, CA, Stamford, CT, Warren, NJ Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at *********************************. Everest U.S. Privacy Notice | Everest (everestglobal.com)
    $145k-175k yearly Easy Apply 24d ago
  • Production Underwriter

    Donegal Group, Inc. 4.3company rating

    Underwriter Job 20 miles from Lemont

    About the Role Donegal Insurance Group has an opening for a Production Underwriter in the state of Illinois. This position will function as a key member of our Greater Midwest Underwriting team playing a key role in generating new commercial lines business opportunities within given territory. This would be a Field/Remote position with preferred candidates residing in or near the following areas: Northern Illinois, or Chicago, Illinois area. Responsibilities and Duties * Develop strong business relationships with key agents and provide underwriting guidance to the agents. * Select, price, and develop coverage terms for commercial lines accounts to achieve profitable underwriting results and assist with providing leadership, support, and coaching for the underwriting function * Manage a territory of independent agents to ensure that profitability and growth objectives for the company are being met * Review new business applications to evaluate the degree of risk involved * Accept or decline risks based on the company's underwriting policies * Review application for completeness * Contact agents for missing or incomplete information * Maintain a profitable book of business within assigned levels of authority by using sound underwriting judgment and technical skills, and continued personal development to meet the company goals of quality and timeliness * Interpret insurance coverage's for agents and insureds * Maintain and establish a good working relationship with agents and communicate underwriting decisions to agents and insureds Qualifications and Skills * Bachelor's Degree with a background in insurance or equivalent experience * At least 5 years of underwriting and marketing experience at a company or agency level with a minimum of 5 years of underwriting experience should be in the commercial lines sector of insurance * Demonstration of self-development through the attainment of professional insurance designations, CPCU, ARM, PLU, etc. * Ability to create business opportunities by demonstrating excellent underwriting skills and product knowledge. Must possess a value-added service mentality * The expectation is this employee will travel 2 to 3 days per week to visit agents in the designated territory. Starting Pay: The pay range for this position is $90,000 to $120,000 annually. The specific offer will vary based on an applicant's education, qualifications, professional experience, skills, abilities, and any applicable designations/certifications. The posted pay range reflects our ability to hire at different position titles and levels depending on background and experience. The pay range may also be adjusted based on an applicant's geographic location. The base pay is just one component of Donegal's total compensation package for employees. This role may also be eligible to participate in a discretionary annual incentive program. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan. Ongoing applications are being accepted.
    $90k-120k yearly 60d+ ago
  • Underwriter Credit & Surety

    Swiss Re 4.8company rating

    Underwriter Job 20 miles from Lemont

    About The Role: Underwrite and manage an assigned territory within the Continental U.S. Overall responsibilities include approving all commercial and commercial contract surety bonds within your authority, managing agency relationships and appointments, marketing for new business, budgeting and strategic planning for the territory/region, receivable collections and, through the use of financial and qualitative analysis, achieve minimum loss ratio and maximum profitability for the Division. Essential Responsibilities - * Ensure profitable underwriting decisions through appropriate financial analysis to determine the feasibility of providing surety credit. * Perform analysis on annual and internal financial statements and review other relevant credit information for new and existing accounts. * Analyze new account submissions for all commercial agents in the assigned territory. * Maintain current underwriting files in accordance with the Swiss Re Surety Group Procedure Manual for Commercial Surety. * Enhance existing agency relationships, identify and secure new agency relationships and terminate agent relationships that do not meet company revenue and profit objectives. Schedule regular meetings with established agents. * Establish revenue goals and monitor losses for assigned region. * Maintain a strong working relationship with the Claims Division and review all losses with Claims. * Assist the Regional Manager in developing one to three year territory strategic plan. * Assist the SVP - Commercial Surety with internal audits on a monthly basis or as necessary. * Plan and manage regular meetings with agents, attend group functions, large account meetings and Swiss Re Corporate Solutions Surety Group regional meetings as required. * Manage any special projects as delegated by the SVP- Commercial. About You: * Bachelor's Degree with emphasis in business, preferably finance or accounting, or, the following years of relevant experience in commercial surety underwriting * 7-10 years to be considered for Senior Underwriter level (VP Level) * 3-6 years to be considered for Underwriter level (AVP Level) * Strong marketing and interpersonal skills * Strong competency in quantitative and financial analysis * Effective written and verbal communication skills * Competent computer skills including knowledge of Excel and Word * Ability to travel up to 35% This role can be either at the AVP or VP level, based on candidate's experience. This role can be located out of various offices - Chicago, Columbus, Kansas City, St. Louis, etc. Our company has a hybrid work model where the expectation is that you will be in the office three days per week. About Swiss Re Corporate Solutions Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime. Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind. Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability. If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience. Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled. During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed. Keywords: Surety, Credit, Underwriter Reference Code: 132278 Nearest Major Market: Chicago Job Segment: Surety, Accounts Receivable, HR, Claims, Strategic Planning, Insurance, Finance, Human Resources, Strategy
    $74k-116k yearly est. 60d+ ago
  • Underwriter, Private Banking (Non-Mortgage)

    Ntrs

    Underwriter Job 20 miles from Lemont

    About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service. Underwriter, Private Banking (Non-Mortgage) The successful candidate is responsible for underwriting and evaluating complex credit requests within the wealth manager unit of Northern Trust, including personal, commercial, banking exposures. This individual partners with bankers and relationship managers in underwriting and preparing loan memoranda for new loans, renewals, restructures, and amendments within policy guidelines. Additionally, researches and analyzes pertinent financial statements of individuals, businesses, and other entities. Major Duties: Evaluates and underwrites complex credit requests across disciplines including personal, commercial, and commercial real estate across a range of domestic geographies. Partners with Bankers, Relationship Managers and other internal clients through financial/credit analysis and identification of risk factors. Adds value to ultimate client relationship by providing timely response and quality underwriting in coordination with client needs. Partners with other Financial Analysts and Team Leader to meet proscribed standards of underwriting quality, client service, and productivity. Spreads, researches, and analyzes pertinent financial statements and tax returns related to personal, commercial, and real estate entities. Evaluates an entity's stability, aptitude of management, and creditworthiness where appropriate. Prepares and presents written credit memoranda for credit approval. Compiles all necessary client prepared information and completes client financial statement spreadsheets and projections of client's financial condition. Recommends appropriate structure, pricing and covenants on credit facilities. Provides coaching and assistance to less experienced analysts. May serve as a subject matter expert in training and continuing education environments. Completes special projects as required. Knowledge: Minimum of 3 years in personal, commercial, or banking financial analysis. Knowledge of finance and accounting usually acquired through formal education or experience is required to analyze and evaluate financial statements and tax returns. Completion of a formal bank credit training program preferred. Knowledge of applicable industry laws and regulations, usually acquired through prior experience is required to review credit risk. Analytical and communication skills are required to determine credit risk and to prepare credit presentations. #LI-MG1 #Hybrid Salary Range: $74,200 - 126,200 USD Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component. Working with Us: As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose. We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater Reasonable accommodation Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at *****************. We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people. Apply today and talk to us about your flexible working requirements and together we can achieve greater.
    $74.2k-126.2k yearly 19h ago
  • Underwriter - Affordable

    Bwecap

    Underwriter Job 20 miles from Lemont

    The Multifamily Underwriter (“Underwriter”) is charged with project managing and coordinating the movement of Freddie Mac and Fannie Mae multifamily loan applications through the underwriting pipeline from engagement to closing. Major Responsibilities: Establish transaction timelines in conjunction with the Team Lead and Deputy Chief Underwriter, and Producer Conduct a critical review and analysis of the appraisal, including a review of the market analysis, property description, real estate tax analysis, zoning analysis, and the comparable properties Conduct due diligence review of issues relating to the property's market, location, condition, borrower and principal's mortgage credit issues, property management and other issues relevant to risks identified Demonstrate ongoing knowledge and competency with Freddie Mac and Fannie Mae program guidelines as established in each of their Multifamily Seller and Servicer Guides Conduct site inspections, lease audits, and market analysis for transactions underwritten Oversee generation of BWE's underwriting checklist and all forms as appropriate for the proper product type and introduce borrower to the information requirements Minimum Requirements: (experience, education, ksa) 2 years of agency multifamily experience or equivalent. Bachelor's Degree required. Previous Fannie Mae/Freddie Mac underwriting strongly preferred. Proficient in Microsoft Office products. Ability to operate effectively in a team environment as well as able to work independently. Ability to meet deadlines and work in a fast-paced environment and demonstrate a proven track record of multi-tasking. Excellent written and verbal communication skills. Knowledgeable with a variety of product types including Low-Income Housing Tax Credits (LIHTC), tax-exempt private activity bonds, project-based Section 8, HUD RAD, HUD Section 18, and other state and local subsidies. This position is eligible to earn a base salary in the range of $95k to $120k annually depending on job-related factors such as level of experience and geographic location. We encourage you to explore the career opportunities we have available here at BWE!
    $95k-120k yearly 20d ago
  • Underwriter

    Captive Resources 4.1company rating

    Underwriter Job 19 miles from Lemont

    The Underwriter is responsible for evaluating and underwriting stop-loss insurance. The role involves analyzing medical risk, pricing policies, and making recommendations based on a thorough understanding of both medical costs and insurance principles. SKILLS/COMPETENCIES REQUIREMENTS: Evaluate submissions for medical stop-loss insurance of assigned captive program(s), assessing the risk posed by each potential policyholder. Analyze medical claims data and historical health costs to determine appropriate stop-loss coverage levels, including individual and aggregate limits. Review group health plans, claims experience, and member demographics to assess the potential for high-cost claims. Develop premium pricing for stop-loss insurance policies based on risk analysis and underwriting guidelines within delegate authority. Establish appropriate retention levels, deductible amounts, and policy terms based on the group's needs and risk factors. Analyze claims data to assess trends, predict future claims, and identify risk patterns. Use various tools, including statistical analysis and software systems, to track claims history and predict future healthcare costs. Collaborate with clinical risk management team to assess potential for ongoing claims liability. Engage with internal and external stakeholders to explain policy terms, underwriting decisions, and negotiate terms when necessary. Support the sales team by providing underwriting insights and assisting with the proposal process for new business. Ensure all underwriting activities comply with regulatory requirements, industry standards, and company guidelines. Maintain accurate records of underwriting decisions, policies, claims history, and communication with clients. Stay updated on industry trends, regulatory changes, and best practices in medical stop-loss underwriting. Risk management principles and stop-loss insurance products. Medical terminology, healthcare costs, and trends in medical claims. Regulatory and compliance issues in insurance underwriting. Strong analytical and problem-solving abilities. Proficiency in underwriting software (Connexure ESL Office). Excellent written and verbal communication skills for client interaction and report creation. ESSENTIAL EDUCATION AND EXPERIENCE: A bachelor's degree in business, finance, insurance, mathematics, or a related field. 2 -5 years of experience in insurance underwriting, preferably in the health insurance or medical stop-loss field. Experience with medical claims analysis, pricing, and risk management is essential. TRAVEL: Occasional travel may be required for meetings, conferences, or client visits. This includes compliance with all of the requirements of the localities and destinations, as well as transportation carrier requirements. Click here to view all of our current benefits. Applicants have rights under Federal Employment Laws: Family and Medical Leave Act (FMLA) Poster; Equal Employment Opportunity (EEO) Poster; and Employee Polygraph Protection Act (EPPA) Poster
    $70k-112k yearly est. 60d+ ago
  • Underwriter

    Berkley 4.3company rating

    Underwriter Job 20 miles from Lemont

    Company Details Berkley One exists to insure and protect the lifestyles of a modern generation of affluence. We seek clients that are sophisticated individuals and families who require world-class risk and claims management customized to their needs, a team of select expert independent agents and innovative digital tools to keep it simple and easy. We'll blend our partners, products and capabilities with all that is Berkley, generating a modern solution for the customers we serve. Our culture is one of innovation, creativity and teamwork. Our team is highly motivated, passionate about our business, and deeply experienced in developing and delivering product and service solutions in the personal insurance marketplace. The company is an equal employment opportunity employer. Responsibilities We have an opportunity for an Underwriter to join our Berkley One team! You will be responsible for transactional underwriting and functions associated with underwriting risks on behalf of our high net worth clients. This role will be based in our Chicago, IL office (4 days in the office, 1 day remote) We have a welcoming culture valuing our employees - we trademarked the phrase Everything Counts, Everyone Matters to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important and every accomplishment makes a difference in our results. Come join us! Key functions include but are not limited to: In our rapidly growing environment, new business is the focus of the underwriter's day at Berkley One; you will use your excellent experience and decision-making skills to seek the most profitable business Protect our portfolio by collaborating with risk management to identify and recommend solutions that ultimately make the risk better than when it started Innovate with the team and larger organization to effect the changes you want to see whether it be in the day to day or larger organization priorities Partner with a designated group of agents with focus on individuals and creating Berkley One champions by building strong relationships, coaching on new business solutions, and taking time to understand what's most important to the agent and client Consult and help agents understand our appetite and apply that knowledge to risk selection Utilize our cutting-edge technology tools that help you monitor the quality of your book of business and use the knowledge in your individual decisions Collaborate with Distribution and Marketing colleagues to co-create plans that drive the business Qualifications Bachelor's Degree or equivalent work experience 3-5+ years of high net worth personal lines underwriting experience Incredible empathy and understanding of the needs of customers, both insureds and their agents alike Exceptional oral and written communication skills, a communication style flexible to the situation, and able to communicate clearly and with a purpose A strong sense of accountability and ownership Natural curiosity, a love of learning how things work and always on the lookout for innovative improvements Proficiency with the Microsoft suite of products Calm under pressure; you have excellent organizational skills, integrity, and great follow-through on tasks; you are comfortable challenging norms while working collaboratively with colleagues at all levels of the organization A strong customer service bias Flexibility to work an alternate work schedule including coverage for West Coast customers Ability to travel as needed, including overnight travel Additional Company Details We do not accept any unsolicited resumes from external recruiting firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees including: • Base Salary Range: $75,000 - $115,000 • Eligible to participate in annual discretionary bonus • Benefits include: Health, dental, vision, dental, life, disability, wellness, paid time off, 401(k) and profit-sharing plans The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. Sponsorship Details Sponsorship not Offered for this Role
    $75k-115k yearly 60d+ ago
  • Cyber eRisk Underwriter

    Cfins

    Underwriter Job 20 miles from Lemont

    Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A" (Excellent) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry. Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the 2024 Great Place to Work Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion. C&F is part of Fairfax Financial Holdings, a global, billion dollar organization. For more information about Crum & Forster, please visit our website: ************** Job Description eRisk / Cyber Underwriter Crum & Forster is seeking an Underwriter for the eRisk team within the Executive Risk group located in their Chicago office on hybrid arrangement. The candidate will work in a team setting to underwrite Technology E&O, Cyber insurance and other professional liability products. What you will do: Generating, underwriting and analyzing Technology E&O and Cyber insurance lines of business. Market facing and production within the Executive Risk Division. Administering and monitoring underwriting rules and guidelines, insurance laws and regulations and rating manual rules. Developing and maintaining agency and broker relationships, primarily in the southeast. Maintaining, organizing and updating files. Participate in training and initiatives to develop knowledge base. Complete projects and other duties as assigned. What you will bring to C&F: Minimum of two (2) to three (3) years underwriting /brokerage experience with professional insurance products; experience with Technology Errors & Omissions or Cyber insurance is preferred. Superior skills in relationship building, active listening, needs-analysis and win-win negotiating. Demonstrates strong presentation skills and a solutions and service orientation. Possesses knowledge of time management. Excellent oral and written communication skills. Strong negotiation skills. Ability to effectively assess risk. Ability to multi-task. Must be able to function effectively in team environment. Working knowledge of Microsoft Office suite of programs and the ability to learn new applications. Will abide by departmental policies and procedures, including authority levels, to comply with C&F's risk management controls Bachelor's degree required. Some travel required. What C&F will bring to you At C&F you will BELONG We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodation, please let us know. For California Residents Only: Information collected and processed as part of your career profile and any job applications you choose to submit are subject to our privacy notices and policies, visit **************************************************************** for more information. Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws. Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $58,700 to a maximum of $110,200. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee's contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs. Flexible work arrangements. Competitive compensation package. Generous 401K employer match. Employee Stock Purchase plan with employer matching. Generous Paid Time Off. Excellent benefits that go beyond health, dental & vision. Our Wellness programs focus on your family's complete wellness, including your physical and mental wellbeing A core C&F principle is that you manage your career. To support your development, we have a wealth of ways for you to keep learning, including tuition reimbursement, industry related certifications and professional training available to you. A dynamic, ambitious, fun and exciting work environment. A spirit of social responsibility, matching donation program, volunteer opportunities, and an employee driven corporate giving. #LI-JA1 #LI-Remote
    $58.7k-110.2k yearly 13d ago
  • Underwriter - Media

    Hiscox

    Underwriter Job 20 miles from Lemont

    Hiscox USA is currently searching for a dynamic, engaging and solutions-oriented underwriter to drive our media product. Here at Hiscox, we know how to underwrite Media. From Creatives to YouTube/TikTok channels to VFTs, we know the emerging risks. Media Liability insurance provides coverage for the needs of media clients creating or disseminating content. This includes broad protection for broadcasters and publishers who are at risk while constantly updating their methods of content distribution globally. Advertising agencies need coverage as they boldly create, plan, and handle innovative and dynamic marketing campaigns in an increasingly fluid market. Video and film producers need the confidence necessary to move forward with small productions or Hollywood blockbusters-without worrying about substantial liability claims that can arise even when all necessary clearances have been obtained. What You'll Be Doing: This position provides a unique opportunity to join a fast-paced, dynamic team. As a Media Underwriter, you will be supporting and actively contributing to the team's strategic growth and execution of goals. You will be responsible for underwriting a book of new and renewal business and managing a few programs. You will also work closely with other underwriters, product leaders and team leaders to be a solution provide in this evolving sector. The role also carries the responsibility for developing new broker relationships and increasing the depth of existing broker relationships throughout the region. At times, regional travel may be required including industry events and broker visits. Job Requirements: You are a driven and motivated self-starter with a strong work ethic looking for meaningful work. You enjoy working with brokers to build a book of business and you our passionate about the power of superior customer service and offerings. You also have some knowledge of entertainment and/or professional underwriting experience while having the desire to develop your technical underwriting and business development skills. What We Offer: 401(k) with competitive company matching Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care) Company paid group term life, short- term disability and long-term disability coverage 24 Paid time off days plus 2 Hiscox days,10 paid holidays plus 1 paid floating holiday, and ability to purchase up to 5 PTO days Paid parental leave 4-week paid sabbatical after every 5 years of service Financial Adoption Assistance and Medical Travel Reimbursement Programs Annual reimbursement of up to $600 for health club membership or fees associated with any fitness program Company paid subscription to Headspace to support employees' mental health and wellbeing 2023 Gold level recipient of Cigna's Healthy Workforce Designation for having a best-in-class health and wellness program Dynamic, creative and values-driven culture Modern and open office spaces, complimentary drinks Spirit of volunteerism, social responsibility and community involvement, including matching charitable donations for qualifying non-profits via our sister non-profit company, the Hiscox USA Foundation Salary Range - $80,000 - $110,000 **Please note this position is hybrid and requires two (2) days in office weekly** #LI-RM1 Work with amazing people and be part of a unique culture
    $80k-110k yearly 60d+ ago
  • Underwriter, Executive Assurance

    Archgroup

    Underwriter Job 20 miles from Lemont

    With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠. The Position The Underwriter, Growth & Middle Market is responsible for the submission generation, underwriting and policy issuance of Directors and Officers Liability, Employment Practices Liability, Fiduciary Liability, Fidelity insurance, Kidnap & Ransom and Cyber Liability for entities that meet the GMM account definition within the Central Region. The Growth & Middle Market department works with privately held companies with annual revenues of less than $1 Billion and publicly traded companies with annual revenues of less than $500 Million. Job Responsibilities Underwrite and price new and renewal business, to include financial and exposure analysis Attendance at meetings with outside company management Building and maintaining productive relationships with agents and brokers Policy contract review and rating Claims review Binding of new and renewal accounts according to our underwriting philosophy and strategy Service brokers and customers Coaching and developing the more junior underwriters in the region Required Skills/Experience 1+ years of D&O insurance underwriting Desired Skills/Experience Ability to develop strong relationships with brokers in order to successfully manage our business which will require travel to producer location or insured location. Exemplary oral and written communication skills Analytical, with a keen ability to think through issues Solid understanding of financial statements Strong customer-service focus Able to organize and prioritize to meet multiple demands and commitments Strong work ethic Team player Effective negotiation skills Proficient in MS Word, Excel and Outlook Education Bachelor's Degree, ideally in Economics, Business, Finance or Accounting For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible. $80,000 - $93,700/year Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future. Click here to learn more on available benefits. Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn't the right fit but you're interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch's Talent Acquisition team. 14400 Arch Insurance Group Inc.
    $80k-93.7k yearly 2d ago
  • Underwriter II - Private Equity

    AXA XL

    Underwriter Job 20 miles from Lemont

    AXA XL is an Equal Opportunity Employer and does not discriminate against any colleague or applicant for employment on the basis of race, color, national origin, religion, sex, gender identity and/or expression, sexual orientation, age, disability, genetic information, veteran status, military status or any other category protected by local law. SHARE your talent We're looking for someone who has these abilities and skills: Required Skills and Abilities: Extensive experience in P&C underwriting and robust understanding of insurance principles and regulations The ability to travel a minimum of 15% of the time is anticipated. Desired Skills and Abilities: Exceptional organizational and time management skills with the ability to perform accurate mathematical calculations. Outstanding collaborative skills in a fast-paced team-centric environment. Excellent interpersonal, presentation, written and verbal communication skills. The ability to demonstrate critical thinking, decision making, and problem-solving skills. FIND your future AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don't just provide re/insurance, we reinvent it. How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty. With an innovative and flexible approach to risk solutions, we partner with those who move the world forward. Learn more at axaxl.com Inclusion & Diversity AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It's about helping one another - and our business - to move forward and succeed. Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe Robust support for Flexible Working Arrangements Enhanced family friendly leave benefits Named to the Diversity Best Practices Index Signatory to the UK Women in Finance Charter Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer. Sustainability At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience,” focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations. Our Pillars: Valuing nature\: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society - are essential to our future. We're committed to protecting and restoring nature - from mangrove forests to the bees in our backyard - by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans. Addressing climate change\: The effects of a changing climate are far reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions. Integrating ESG\: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We're training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting. AXA Hearts in Action\: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL's “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day - the Global Day of Giving. For more information, please see Sustainability at AXA XL. The U.S. pay range for this position is USD 85,000 - 149,000. Actual pay will be determined based upon the individual's skills, experience, and location. We strive for market alignment and internal equity with our colleagues' pay. At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers. For more details about AXA XL's benefits offerings, please visit US Benefits at a Glance 2025. Underwriter II - Private Equity New York, NY | Chicago, IL | Atlanta, GA | Kansas City, MO | USA Our ambition is to unlock a more sustainable and prosperous tomorrow by helping businesses navigate the world's risks. In the Americas, we'll live up to that ambition by delivering value far beyond the insurance policies we provide. We're confronting our clients' risk management challenges by finding solutions that further their strategic goals and help them build more sustainable, thriving businesses.
    $50k-83k yearly est. 7d ago
  • Underwriter

    Lake Forest Bank & Trust Company, N.A 4.3company rating

    Underwriter Job 38 miles from Lemont

    Wintrust is a financial holding company with approximately $62 billion in assets whose common stock is traded on the NASDAQ Global Select Market. Guided by its “Different Approach, Better Results” philosophy, Wintrust offers the sophisticated resources of a large bank while providing a community banking experience to each customer. Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market areas. In addition, Wintrust operates various non-bank business units, providing residential mortgage origination, wealth management, commercial and life insurance premium financing, short-term accounts receivable financing/outsourced administrative services to the temporary staffing services industry, and qualified intermediary services for tax-deferred exchanges. Our unique business model is a competitive strength and value driver, powered by our talented colleagues who put our customers first and achieve better results for our clients. Wintrust is recruiting for an underwriter to join our Middle Market Commercial Real Estate (“CRE”) Banking team in Lake Forest. This position is responsible for preparing credit proposals and formulating and recommending lending approval/denial decisions on commercial real estate loan requests. Requests will include purchase and refinance opportunities as well as development loans for multiple asset classes of CRE including industrial, medical office, multi-family, mixed use and retail. This position interacts with CRE lenders to provide assistance regarding underwriting and portfolio management activities. Why join us? An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 9 years) and Employee Recommended award by the Globe & Mail (past 6 years) Competitive pay and annual discretionary bonus eligible Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few Family-friendly work hours With 175+ community bank locations, we offer opportunities to grow and develop in your career Promote from within culture What you'll do: Evaluates commercial real estate loan requests for investors/sponsors using a thorough knowledge of industry fundamentals in addition to internal bank tolerances / procedures. Demonstrates effective time management by balancing multiple priorities within individual workload. Communicates with and effectively interacts with all levels of management, including lending personnel, loan operations staff and related departments. Analyzes the financial condition of existing and prospective bank customers. Accurately reviews financial statements, tax returns and other financial information submitted by applicants and is capable of evaluating a borrower's ability to repay. Recognizes trends impacting risk of repayment, the Bank's collateral position and the ability of the borrower/sponsor to satisfactorily execute a project. Recommends risk rating adjustments supported by changes in the borrower's financial condition, collateral or other factors impacting risk. Analyzes markets and asset classes and has a thorough knowledge of the risks associated with the same. Assesses the risks inherent in each market/asset class and suggests appropriate financing structures accordingly. Analyzes and validates ongoing customer financial reporting for tracking to underwriting metrics. Reports on delinquent reporting and assesses risk rating accuracy. Maintains tickler system for accurate tracking and reporting of borrower required reporting including financial statements, tax returns, covenants, etc. Ensures that information received is properly maintained in the Bank's system of record. Makes sound credit decisions based on accurate analysis of information provided with loan requests. Exhibits thorough knowledge of fair lending issues, rules and various regulations that directly impact the CRE lending area (e.g. FIRREA, Regulation B, FACT Act, HMDA, CRA, etc.) Seeks alternative means of financing or counter offers for all borrowers, if appropriate, when it is determined that the original request cannot be accommodated. Qualifications Bachelor's degree. Preferably in a business-related field such as accounting or finance. Minimum of 2-5 years' experience underwriting CRE loan requests. Formal credit training is a plus. Experience with Private Equity/fund sponsors, development/construction transactions is an additional plus. Sound understanding of CRE credit analysis techniques including cash flow and evaluation of collateral and ability to make timely decisions in a fast paced, time sensitive environment. Benefits: Medical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long-term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance Compensation: The estimated salary range for this role is $65,000 to $100,000 annually, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate's qualifications, skills, and experience. #LI-Onsite From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To be Chicago's Bank and Wisconsin's Bank , we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran or any other characteristic protected by law.
    $65k-100k yearly 20d ago
  • Casualty Underwriter - GenStar

    General Re Corporation 4.8company rating

    Underwriter Job 20 miles from Lemont

    Shape Your Future With Us GenStar Insurance Services, LLC is a premier provider of excess, surplus, and specialty property and casualty insurance written on General Star Indemnity Company (non-admitted) and General Star National Insurance Company (admitted) paper (collectively, the GenStar companies). The GenStar companies conduct business through a select group of wholesale brokers, managing general underwriters (MGUs), and program administrators in the United States. The GenStar companies are members of the Berkshire Hathaway Family of Companies . GenStar currently offers an excellent opportunity for Casualty Underwriter - GenStar based in our Chicago office. This is a hybrid role with 3 days required in the office each week. Role Description The Underwriter performs a wide array of underwriting and marketing functions, demonstrating knowledge and competence in both client relationship management and technical underwriting skills. Underwriting functions include analyzing and evaluating complex risks and exposures, and applying a working knowledge of rates, forms, pricing structures, terms and conditions in primary and excess casualty lines. The Underwriter acts in collaboration with a team of professionals within the branch and corporately, leveraging the company's resources to provide a best-in-class response to our valued clients. RESPONSIBILITIES: Underwriting Analysis: The Underwriter researches and analyzes complex risks and exposures, using critical thinking skills in applying the tools and resources available to structure competitive and sound proposals. Each underwriter contributes to our team, where discussion of account opportunities and sharing of knowledge is part of our daily routine and manages a flow of individual risk submissions where speed of response is valued by clients. The Underwriter is adept in the application of rates, forms, pricing structures, terms and conditions, and recognizes the direct impact each decision has on developing a profitable book business. Relationship Building: The Underwriter also concentrates on advancing existing client relationships as well as identifying new prospects throughout our territory from Chicago. Seeking to bring a creative array of alternatives, options, and solutions to clients, the individual is comfortable connecting with and influencing clients at the management level. In conjunction with the other underwriters and with the Unit Manager's support, the Underwriter develops strategies to broaden their opportunities through crafting sound client management plans. Learning/Development: The Underwriter takes an active role in increasing their knowledge of industry policies, principles, and newly emerging exposures by attending and actively participating in all Company underwriting/technical seminars as well as outside industry-related courses (CPCU, ASLI). Related Activities: The Underwriter seeks opportunities to lead or support underwriting and marketing activities / projects for the Chicago and/or Casualty Division, including developing new products, training new underwriters, and working on special client entertainment or educational events. Role Qualifications and Experience * Minimum of three years commercial insurance industry experience * Undergraduate college degree * Strong analytical and critical thinking skills * Strong verbal and written communication skills * Strong client relationship management skills * Demonstrated commitment to learning * Well-developed industry knowledge * Enthusiastic team player / self-starter Salary Range 91,000.00 - 152,000.00 USD The annual base salary range posted represents a broad range of salaries around the US and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training. Our Corporate Headquarters Address 400 Atlantic Street Stamford, CT 06901 (US) At General Re Corporation, we celebrate diversity and are committed to creating an inclusive environment for all employees. It is the General Re Corporation's continuing policy to afford equal employment opportunity to all employees and applicants for employment without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or ancestry, age, past or present disability , marital status, liability for service in the armed forces, veterans' status, citizenship, sexual orientation, gender identity, or any other characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.
    $42k-60k yearly est. 60d+ ago
  • Underwriter, Corporate Accounts, Financial Institutions

    Risk Specialists Companies Insurance Agency

    Underwriter Job 20 miles from Lemont

    This Underwriter role will be an ideal next step in your career if you already have some relevant experience in insurance - or this could be your entry into underwriting if you have transferable skills. Make your mark in Underwriting AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. We are reimagining how we help customers to manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague - empowering our people to grow as insurance professionals and add more value to our customers and AIG. How you will create an impact This role will focus on underwriting new and renewal business to help drive the profitable growth of our Financial Institutions portfolio. You will be responsible for assessing the desirability of risk through regular contact with brokers, close co-ordination with AIG subject matter experts and robust reviews of claims history and general company information. Your relationships with brokers will be key to your success. You will need to provide excellent service to brokers through a consistent, timely, and proactive approach to underwriting. You will also aim to generate new business by expanding your broker network, attending broker events, and building new relationships across the market - in line with a sales plan established with your manager. Another key aspect of the role is the provision of accurate monthly management information including submissions, bind rate, average premium, and total premium. What you'll need to succeed Underwriting experience is preferred; however, you are welcome to apply if you have other relevant professional experience. The ability to analyze financial statements. Strong communication, networking and relationship building skills. Good organizational and time management skills. Customer and Sales orientated behaviors: motivated, tenacious, focused, technically skilled, proactive, and accountable. Ready to prove your potential? We would love to hear from you. For positions based in Illinois, the base salary range is $60,400 - $75,500 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we're proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview. #LI-ME1 At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike. Enjoy benefits that take care of what matters At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security-as well as your professional development-to bring peace of mind to you and your family. Reimagining insurance to make a bigger difference to the world American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. It is an exciting time to join us - across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become. Welcome to a culture of belonging We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG's greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations. AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to *********************. Functional Area: UW - UnderwritingRisk Specialists Companies Insurance Agency, Inc.
    $60.4k-75.5k yearly 15d ago
  • Experienced Insurance Underwriting Professional

    The Travelers Companies 4.4company rating

    Underwriter Job 20 miles from Lemont

    Who Are We? Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it. Compensation Overview The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards. Salary Range $75,500.00 - $124,700.00 Target Openings 1 What Is the Opportunity? EIUP is a customized training program with structured lessons and activities for the first 6 months followed by an on-the-job learning period. This program builds upon prior insurance industry experience to develop knowledge and skills related to Travelers underwriting philosophy, coverage, risk selection/management, underwriting discipline and application, business unit products and strategies, negotiation, and relationship building. Day to day work and depth of training will be tailored based on prior work experience. What Will You Do? * Takes initiative for personal development and seeks to learn through underwriting, marketing, and other related opportunities. * Learns skills needed to underwrite, assess risk and make recommendations for accounts in a market segment. * Seeks out opportunities to observe account analysis discussions with other underwriters and underwriting leaders. * Establishes effective relationships with customers, agents and brokers. * Develops consultative sales and marketing skills through interaction with agents/brokers and via coaching. * Develops negotiation skills through interaction with agents/brokers and via coaching. * As skills develop, may manage a desk and assume a territory. * Seeks enterprise-wide solutions to business problems. * Identifies current or future problems or opportunities; analyzes, synthesizes and compares information to understand issues; identifies cause/effect relationships and explores alternative solutions to support sound decision making. * Follows a disciplined underwriting approach, and uses financial information, tools and expense management principles to accomplish day-to-day work and maximize profitability. * Seeks out, builds, fosters and maintains productive relationships, networks or alliances to meet goals and achieve results. Effectively collaborates with others on all aspects of job. * Handles renewal and new business and as skills advance, receives appropriate level of underwriting authority. * Perform other duties as assigned. What Will Our Ideal Candidate Have? * Bachelor's degree. * 3 or more years of relevant primary casualty underwriting or insurance brokerage/placement experience including exposure to loss sensitive program structures (Large Deductible, Retro, SIR). * Prior experience developing relationships with external customers. * Excellent communication and presentation skills. * Uses previous knowledge of internal and external factors impacting the property & casualty industry to make decisions. * Thinks analytically about business problems, makes recommendations and proposes solutions. * Ability, desire, and intellectual curiosity to learn the technical aspects of underwriting and the business. * Proven ability to establish and maintain relationships between customers, Travelers, and agents/brokers. * Financial and Business Acumen. * Valid drivers license or alternate means of personal transportation. * CPCU, CIC, ARM, CPRM, AAI, OSHA and MSHA certifications or other insurance related certifications. * Successful completion of training programs involving evaluating any insurance lines; ex: Commercial Auto policies and Bodily Injury claims analysis. What is a Must Have? * Four years of relevant property and casualty work experience in Claim, Risk Control, Risk Management, Finance, Sales, Product, or other non-underwriting P&C insurance field. What Is in It for You? * Health Insurance: Employees and their eligible family members - including spouses, domestic partners, and children - are eligible for coverage from the first day of employment. * Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers. * Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays. * Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs. * Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice. Employment Practices Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences. In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions. If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you. Travelers reserves the right to fill this position at a level above or below the level included in this posting. To learn more about our comprehensive benefit programs please visit *********************************************************
    $26k-56k yearly est. 1d ago

Learn More About Underwriter Jobs

How much does an Underwriter earn in Lemont, IL?

The average underwriter in Lemont, IL earns between $39,000 and $104,000 annually. This compares to the national average underwriter range of $39,000 to $96,000.

Average Underwriter Salary In Lemont, IL

$64,000
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