ZipRecruiter

Log In

1

Insurance Underwriter Jobs in Springfield, MA (NOW HIRING)

next page

Showing results 1-20

All JobsInsurance Underwriter JobsInsurance Underwriter Jobs in Springfield, MA

Insurance Underwriter information

See Springfield, MA salary details

$27.9K

$62.1K

$104.6K

How much do insurance underwriter jobs pay per year?

As of Jul 4, 2026, the average yearly pay for insurance underwriter in Springfield, MA is $62,065.00, according to ZipRecruiter salary data. Most workers in this role earn between $43,800.00 and $83,200.00 per year, depending on experience, location, and employer.

Is underwriting in insurance 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 consistent work environment, making it a viable option for those interested in finance and risk management.

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, and why are they important?

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 qualifications do I need to be an underwriter?

To become an insurance underwriter, a bachelor's degree in fields such as finance, economics, or business is typically required. 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 Are Insurance Underwriters?

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 do you do as an insurance underwriter?

An insurance underwriter evaluates insurance applications to determine coverage eligibility and premium rates based on risk assessment. They review applicant information, analyze data, and ensure policies comply with company standards, often using specialized software. Strong analytical skills and knowledge of insurance policies are essential for this role.

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.

How much do you get paid for an insurance underwriter?

Insurance underwriters typically earn a median annual salary of around $70,000, with salaries ranging from approximately $50,000 to over $100,000 depending on experience, location, and industry. Entry-level underwriters may start lower, while experienced professionals or those in specialized fields can earn higher wages, often supplemented by certifications and advanced skills.
More about Insurance Underwriter jobs
What are the most commonly searched types of Insurance Underwriter jobs in Springfield, MA? The most popular types of Insurance Underwriter jobs in Springfield, MA are:
What job categories do people searching Insurance Underwriter jobs in Springfield, MA look for? The top searched job categories for Insurance Underwriter jobs in Springfield, MA are:
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 June 2026, with employment types broken down into 2% As Needed, 9% Full Time, 70% Part Time, 18% Contract, and 1% Nights. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $62,065 per year, or $29.8 per hour.
Senior Underwriter Accident & Health - CorSo

Senior Underwriter Accident & Health - CorSo

Swiss Re

Windsor, CT • On-site

$98K - $116K/yr

Full-time

Posted 27 days ago

Job description

Location: Open to Windsor, CT - or - Schaumburg, IL
Accident & Health Underwriting Experience required.
About the Team:
As part of the Corporate Solutions (CorSo), North America, Accident & Health Team, you will join a team of experienced underwriters, focused on profit-oriented underwriting for Employer Stop loss coverage of self-funded employer health plans. Our Underwriters analyze claims experience, loss ratio, and other group-specific data to evaluate risk and develop optimal coverage solutions for our clients. We collaborate with the sales team, assigned client groups, and underwriting management to generate proposals, resolve account management issues, and service customers.
About the Role:
Underwriting:
  • Production underwriter responsible for handling review of policies and procedures for both new and existing risks for self-funded employer health plans Accounts vary from Middle/Upper Middle Market, as well as Fortune 500 businesses.
  • Understand and apply commercial insurance principles to complex situations
  • Understand and apply data analytics to ensure we are adequately pricing for the risk under consideration
  • Consistently demonstrate adherence to authority limits and underwriting controls to effectively manage exposure
  • Able to demonstrate an in-depth understanding of both standard and non-standard policy wordings, extensions and limitations. Able to identify when to alter policy terms and the resulting impact
  • Understand the drivers of performance within the portfolio and provide recommended steering actions that positively influence outcomes

Customer Focus:
  • Manage the definition, development and delivery of Accident & Health insurance products to ensure alignment with customer needs
  • Accurately spot trends in early stages and collaborate to improve product offerings and financial results
  • Review and challenge market/customer strategies, applying in-depth market understanding and innovative views
  • Inspire a sense of urgency from the customer/ broker and CorSo decision makers to design win-win situations
  • Consistently demonstrate effective influencing and negotiation skills to deliver the best outcomes for CorSo

Team/Relationship Focus:
  • Develop and maintain successful relationships with external clients and brokers
  • Focus on building relationships across the team and wider organization. Actively work to support the end to end journey
  • Coach and mentor less experienced Underwriters
  • Inspire colleagues to embrace the mandate of their business areas in achieving Corporate Solutions' strategy
  • Lead internal (technical/organizational) and/or provide technical expertise for external (market/client development) projects and marketing efforts
  • Support the business in developing appropriate analytical processes and outputs
  • Prioritize new ways of working. Effectively deliver change, considering the full implementation impacts on end-to-end processes and learning from past projects. Recommend measures to reduce the impact of the market/underwriting cycle

About You:
Educational/Professional:
  • Bachelor's degree in a related field (Finance, Actuarial Science) preferred or equivalent experience
  • Minimum 5 years underwriting experience in Accident & Health
  • In depth knowledge of insurance, with a focus on commercial Accident & Health underwriting
  • Strong connection within the Employer Stop Loss insurance market
  • Experience in producing a profitable portfolio of business within your underwriting authority
  • Strong analytical skills to assess exposures, coverages, terms and conditions to appropriately assign underwriting decision on risks
  • Knowledge and proficiency in the use of underwriting tools, applications, guidelines, and data analytics
  • Keeps abreast of market environment and trends

Values, Abilities, and Skills:
  • Strong oral/written communications skills that focus on building relationships across the team, wider organization, and with clients
  • Encourage collaboration in support of the end-to-end journey
  • Strong negotiation, analytical skills, ability to multi-task with attention to details
  • Prioritize new ways of working. Effectively deliver change, considering the full implementation impacts on end-to-end processes and learning from past projects
  • Role-models continuous self-learning. Adept at learning and highly motivated to new skills to novel situations, gaining knowledge and expertise
  • Constantly looking for the best option, identifying positives and negatives, to make effective decisions in complex and novel situations. Take accountability and support the team to ensure decision making happens at the right level
  • Consistently demonstrate personal accountability for decisions, success and failures, challenges the status quo.
  • Ideal candidates will distinguish themselves across multiple elements of Swiss Re's Leadership Model (thinks strategically, innovates, responds actively, collaborates, promotes excellence, stays accessible, fosters constructive debate, demonstrates an enterprise mindset, values diversity).

Miscellaneous:
  • Demonstrated proficiency of the English language. Spanish/French a plus
  • Travel will be approximately 5% within the US
  • Preferred locations are Windsor, CT or Schaumburg, IL. but open for the right candidate
  • No relocation assistance will be offered

For roles located within our Swiss Re offices, our company has a hybrid work model where the expectations is that you will be in the office three days per week on average.
The estimated base salary range for the Senior Underwriter level in Windsor CT or Schaumburg IL is $128,000 to $192,000. The specific salary offered for this or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.
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.
We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.
#corso
Keywords:
Reference Code: 138294

Apply