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In Insurance Underwriting Jobs in Mount Prospect, IL

Prime Insurance Company

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Insurance Underwriting Associate

Chicago, IL · On-site

$45K - $250K/yr

In-Person at our UT, IL, PA, or FL offices This is an in-person position that requires daily ... NO REMOTE WORK AVAILABLE Company Description Prime Insurance Company is a committed and trusted ...

Captive Resources

Underwriter

Itasca, IL

$100K - $135K/hr

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.

Captive Resources

Underwriter

Itasca, IL

$100K - $135K/hr

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.

Captive Resources

Underwriter

Itasca, IL · On-site +1

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.

Prime Insurance Company

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Insurance Underwriting Support Specialist - Bind Team

Chicago, IL · On-site

$21 - $28/hr

Underwriting Support Specialist (Insurance) As an Underwriting Support Specialist, you will play a key role in supporting the underwriting and policy issuance process by reviewing submissions ...

Brookfield

Underwriting Quality Analyst

Chicago, IL · On-site

$71K - $100K/yr

Required Qualifications * 2-5 years of experience in insurance, underwriting support, underwriting operations, data quality, compliance support, or a related environment preferred. * Advanced working ...

IFG Companies

Underwriting Trainee

Chicago, IL · On-site

$65K - $75K/yr

This opportunity is suited for recent graduates and early career professionals with an interest in commercial insurance underwriting and a commitment to professional development. POSITION ...

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All JobsIn Insurance Underwriting JobsIn Insurance Underwriting Jobs in Mount Prospect, IL

In Insurance Underwriting information

See Mount Prospect, IL salary details

$47.7K

$102.4K

$157.5K

How much do in insurance underwriting jobs pay per year?

As of Sep 1, 2026, the average yearly pay for in insurance underwriting in Mount Prospect, IL is $102,411.00, according to ZipRecruiter salary data. Most workers in this role earn between $76,500.00 and $120,200.00 per year, depending on experience, location, and employer.

What is the difference between In Insurance Underwriting vs Insurance Claims Adjuster?

AspectInsurance UnderwritingInsurance Claims Adjuster
CredentialsTypically requires a bachelor's degree; certifications like CPCU or ARM are commonRequires a high school diploma or bachelor's; certifications like AIC or CPCU are beneficial
Work EnvironmentOffice-based, analyzing applications and risk factorsField and office-based, investigating claims and assessing damages
Industry UsageUsed in insurance companies to evaluate risk and determine policy termsUsed to settle claims, verify damages, and determine payout amounts

While both roles are integral to the insurance industry, insurance underwriters focus on evaluating risk before issuing policies, whereas insurance claims adjusters handle claims after a loss occurs. Understanding these differences helps job seekers identify the right career path within the insurance sector.

How to get a job in insurance underwriting?

To get a job in insurance underwriting, candidates typically need a bachelor's degree in fields like finance, business, or economics. Relevant skills include strong analytical abilities, attention to detail, and knowledge of insurance policies and risk assessment. Certifications such as the Chartered Property Casualty Underwriter (CPCU) can enhance prospects, and entry-level roles often require familiarity with underwriting software and industry regulations.

Is insurance underwriting a good career?

Insurance underwriting is a stable career that involves evaluating risks and determining policy terms, often requiring analytical skills and attention to detail. It offers opportunities for advancement, professional certification, and a typical office schedule, making it a viable option for those interested in finance and risk management.

What is the work of an insurance underwriter in insurance?

An insurance underwriter evaluates insurance applications to determine the risk level and decide whether to approve coverage and at what premium. They analyze factors such as applicant information, policy details, and industry data, often using specialized software, to ensure the insurer's financial stability and profitability.

What are popular job titles related to In Insurance Underwriting jobs in Mount Prospect, IL?

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In Insurance Underwriting jobs near you

Insurance Underwriting Associate

Chicago, IL • On-site

Prime Insurance Company
Insurance Services • 51 - 200 employees
Learn more about Prime Insurance Companyexternal

$45K - $250K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 27 days ago

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Job description

Job Description

Description:

The position provides a variety of administrative information processing services to support the underwriting department and requires strong customer service skills. It operates as a training program to learn the company’s underwriting methodology and may provide an opportunity to become a full underwriter after a training period to be determined on a case-by-case basis based on applicant’s experience and potential.

Duties and Responsibilities:

· Evaluate new submissions to determine the acceptability of the risk in accordance with underwriting guidelines

· Learn and stay apprised of state/territory issues, regulations and trends

· Prioritize and manage inventory of special projects, new business opportunities, renewal business, and in-force policy endorsement and service requests

· Understand pricing components and rating methodology to price business based on risk characteristics, financial review and competitive analysis.

· Demonstrate technical and artistic/creative underwriting skills through strategic account review and detailed file pricing and risk documentation

· Effectively manage producer relationships to achieve production goals

· Learn how to collaborate with internal and external business partners

Qualifications/Requirements:

· Dynamic personality

· Exhibits strong organizational, problem-solving, and critical-thinking skills

· Build, strengthen, and maintain internal and external professional relationships

· Ability to thoroughly analyze various risk factors and demonstrate a flexible, creative, and thoughtful underwriting approach

· Competent use of technology

· Ability to function in a highly collaborative, fast pace, team environment

· Outstanding oral and written communication skills

Job Type: Full-time – On-site Only

Work Locations: In-Person at our UT, IL, PA, or FL offices

This is an in-person position that requires daily attendance at one of our office locations. NO REMOTE WORK AVAILABLE

Company Description

Prime Insurance Company is a committed and trusted resource for individuals, businesses and producers, following a bold business model that has inspired 40 years of success and growth. By keeping our underwriting and risk management teams in-house, we’ve been able to write an endless list of risk classes, and offer a broad range of coverage in specialty classes. Our in-house, expert claims team has handled over 80,000 claims and provides support to insureds throughout the entire insurance process — from risk mitigation to claims handling. Our internal teams work together to support Prime, the producer and the insured to get the most reliable coverage for their liability risk.