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Insurance Underwriter Jobs in Springfield, MA (NOW HIRING)

The Travelers Indemnity Company

Underwriter-IM

Hartford, CT · On-site +1

$67K - $110K/yr

InsuraMatch is a national independent agency, owned by Travelers Insurance, that has launched a new ... Underwriters play a key role in managing the overall risk portfolio and profitability of the ...

The Hartford

AVP Applied AI

Hartford, CT · On-site +1

... Insurance. This role partners closely with underwriting, product, actuarial, and technology leaders to deliver scalable, production ready models and AI driven decision systems that support complex ...

The Whiteside Agency

Underwriter-IM

Hartford, CT · On-site

$67K - $110K/yr

InsuraMatch is a national independent agency, owned by Travelers Insurance, that has launched a new ... Underwriters play a key role in managing the overall risk portfolio and profitability of the ...

Travelers Companies (Import)

Underwriter-IM

Hartford, CT · On-site

$67K - $110K/yr

InsuraMatch is a national independent agency, owned by Travelers Insurance, that has launched a new ... Underwriters play a key role in managing the overall risk portfolio and profitability of the ...

USI Holdings Corporation

Underwriter IV

Glastonbury, CT · On-site

$115K - $130K/yr

Provide appropriate insurance products to clients. Generate profit in accordance with company goals. Responsibilities: * Underwrite and analyze new and renewal accounts for the most complex ...

The Hartford

Captives Underwriter

Hartford, CT · Hybrid

$124K - $199K/yr

Senior Executive Underwriter - UW07CCExecutive Underwriter - UW07CD We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies.

Munich RE

Public Entity Underwriter

Hartford, CT · On-site

The Company Welcome to Munich Re Specialty - North America, a leading specialty insurance provider dedicated to delivering exceptional underwriting, claims, and risk management expertise to our ...

Munich Re

Public Entity Underwriter

Hartford, CT · On-site

The Company Welcome to Munich Re Specialty - North America, a leading specialty insurance provider dedicated to delivering exceptional underwriting, claims, and risk management expertise to our ...

Munich Re

Underwriter Senior

Hartford, CT · On-site +1

$99K - $117K/yr

The Company Welcome to Munich Re Specialty - North America, a leading specialty insurance provider dedicated to delivering exceptional underwriting, claims, and risk management expertise to our ...

New

Munich RE

Underwriter Senior

Hartford, CT · On-site

$99K - $117K/yr

The Company Welcome to Munich Re Specialty - North America, a leading specialty insurance provider dedicated to delivering exceptional underwriting, claims, and risk management expertise to our ...

New

Amwins

Production Underwriter

Windsor, CT

$75K - $125K/yr

Management Liability Production Underwriter Business Risk Partners, a division of Amwins, is a ... Insurance designations (RPLU, CPCU, etc.) are a plus Compensation and Benefits Business Risk ...

Amwins

Production Underwriter

Windsor, CT · On-site

$75K - $125K/yr

Management Liability Production Underwriter Business Risk Partners, a division of Amwins, is a ... Insurance designations (RPLU, CPCU, etc.) are a plus Compensation and Benefits Business Risk ...

Munich Re

Senior Portfolio Underwriter

Hartford, CT · On-site

$99K - $117K/yr

Bachelors or equivalent work experience is required * 7+ years of P&C insurance/reinsurance experience * 5+ years in Underwriting preferred * Demonstrated understanding of commercial and personal ...

Munich Re

Senior Portfolio Underwriter

Hartford, CT · On-site

$99K - $117K/yr

Bachelors or equivalent work experience is required * 7+ years of P&C insurance/reinsurance experience * 5+ years in Underwriting preferred * Demonstrated understanding of commercial and personal ...

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All JobsInsurance Underwriter JobsInsurance Underwriter Jobs in Springfield, MA

Insurance Underwriter information

See Springfield, MA salary details

$27.9K

$62.1K

$104.7K

How much do insurance underwriter jobs pay per year?

As of Aug 9, 2026, the average yearly pay for insurance underwriter in Springfield, MA is $62,079.00, according to ZipRecruiter salary data. Most workers in this role earn between $43,900.00 and $83,200.00 per year, depending on experience, location, and employer.

What does an insurance underwriter do?

An insurance underwriter evaluates applications for insurance coverage and determines the level of risk involved in insuring a person or asset. They review information such as application forms, medical records, and financial documents to decide whether to offer insurance and at what premium rate. Underwriters play a crucial role in helping insurance companies set appropriate coverage terms and minimize potential losses. Their work ensures that the company remains profitable while providing fair and accurate coverage to clients.

What are some common challenges insurance underwriters face in balancing risk and customer satisfaction?

Insurance underwriters often face the challenge of assessing risks accurately while maintaining competitive offerings that satisfy clients. Striking the right balance can be difficult, as being too cautious may result in lost business, while being overly lenient can lead to unprofitable claims. Underwriters must stay current with industry trends, regulations, and risk assessment tools, and they frequently collaborate with agents and actuaries to ensure sound decisions. Effective communication and analytical skills are essential to navigate these competing demands and to help build long-term client relationships.

What are the key skills and qualifications needed to thrive as an insurance underwriter?

To thrive as an Insurance Underwriter, you need strong analytical skills, attention to detail, and a solid understanding of finance and risk assessment, often supported by a bachelor's degree in business, finance, or related fields. Familiarity with underwriting software, risk management systems, and relevant certifications like Chartered Property Casualty Underwriter (CPCU) is typically required. Excellent communication, decision-making, and negotiation skills help underwriters explain policies and collaborate effectively with agents and clients. These skills are vital for accurately assessing risk, ensuring profitability, and maintaining strong client relationships in the insurance industry.

What is an insurance underwriter?

Insurance underwriters evaluate insurance policy applications, assess the risk, and make recommendations for coverage and premium pricing to insurance issuers. As an insurance underwriter, you use computer software and specific criteria to assess risk and establish pricing and research other factors such as market trends and equity values to provide data to support your recommendations. You determine if the policy will likely be a good financial investment for the insurance provider.

What qualifications do I need for insurance underwriting?

Insurance underwriters typically need a bachelor's degree in fields such as finance, economics, or business. Relevant skills include strong analytical abilities, attention to detail, and knowledge of insurance policies and risk assessment. Professional certifications like the Chartered Property Casualty Underwriter (CPCU) can enhance job prospects.

What is the difference between Insurance Underwriter vs Claims Adjuster?

AspectInsurance UnderwriterClaims Adjuster
Primary RoleAssess risk and determine policy termsEvaluate insurance claims and determine payouts
Required CredentialsTypically requires a bachelor's degree; certifications like CPCU are commonOften requires a bachelor's degree; certifications like AIC or CPCU are beneficial
Work EnvironmentOffice-based, analyzing data and risk factorsField and office-based, investigating claims and interviewing claimants
Industry UsageUsed across insurance companies for policy issuanceUsed for claims processing and settlement

Both roles are integral to the insurance industry, with underwriters focusing on risk assessment before policy issuance, and claims adjusters handling claims after a loss occurs. While their work environments and responsibilities differ, they often require similar credentials and certifications, making them closely related career paths within insurance companies.

More about Insurance Underwriter jobs
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What cities near Springfield, MA are hiring for Insurance Underwriter jobs? Cities near Springfield, MA with the most Insurance Underwriter job openings:
Insurance Underwriter jobs near you
Infographic showing various Insurance Underwriter job openings in Springfield, MA as of August 2026, with employment types broken down into 1% As Needed, 78% Full Time, 17% Part Time, and 4% Contract. Highlights an 81% Physical, 1% Hybrid, and 18% Remote job distribution, with an average salary of $62,079 per year, or $29.8 per hour.

Renewable Energy Tax Credit Ins Underwriter

Munich Re

Hartford, CT • On-site

Other

Posted 11 days ago

Job description

Introduction

We seek a tax insurance underwriter (an "Underwriter"), a specialized professional with a JD, LLM and Big Law experience, who evaluates risks associated with specific tax positions to provide insurance coverage. Tax insurance policies protect taxpayers against the loss of a tax benefit or the imposition of a tax liability by authorities like the IRS or courts.

Job Overview

The Underwriter would sit at the intersection of complex tax law and corporate finance working with a senior tax underwriter. He or she would analyze low probability, high magnitude tax risks in the context of renewable energy investments.

Key Responsibilities

Risk Analysis and Due Diligence

  • Review extensive factual materials, tax memos, and other legal opinions, and perform legal research to assess the strength of a tax position.
  • Evaluate the likelihood of a successful challenge by tax authorities.
  • Analyze transaction structures for potential pitfalls. 

Policy Execution

  • Drafting: Write bespoke insurance policies that define exactly which tax risks are covered and which are excluded.
  • Pricing: Determine the appropriate premium based on the complexity and soundness of the tax position.
  • Negotiation: Work with brokers and clients to finalize coverage limits and retention amounts. 
  • Documentation: Maintain accurate and detailed records of underwriting activities to ensure compliance  and support effective communication with stakeholders

Business Development

  • Collaborate with others to integrate insurance into a broader insurance business.
  • Stay current on legislative changes, court cases, regulatory guidance and professional commentary to be up-to-date with the latest views on tax matters from the government and private bar and to identify new areas for insurance coverage.

Qualifications & Skills

  • Education: A Juris Doctor (JD) and Master of Laws (LL.M.) in taxation.
  • Experience: 10+ years of experience in a Big Law tax department.
  • Analytical Rigor: Ability to digest quickly hundreds of pages of documents to find, understand and evaluate tax risk.
  • Commercial Awareness: Understanding how a tax law risk fits into a business deal.
  • Team Player: Ability and willingness to collaborate with multiple stakeholders in a multinational company

Common Risks Underwritten

  • Tax Credits: Ensuring the eligibility of renewable energy projects for investment tax credits or production tax credits.

At The Hartford Steam Boiler, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.   

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

We are an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.  The work environment characteristics, and any physical and mental requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee.  Other duties, responsibilities and activities may change or be assigned at any time with or without notice.

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