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Insurance Underwriting Analyst Jobs in Colorado (NOW HIRING)

The Underwriting Externship Program looks to provide externs with immersive, hands-on underwriting ... Risk Management/Insurance, Math, Statistics, Business Analytics, Economics (and related majors)

The Underwriting Externship Program looks to provide externs with immersive, hands-on underwriting ... Risk Management/Insurance, Math, Statistics, Business Analytics, Economics (and related majors)

The Underwriting Externship Program looks to provide externs with immersive, hands-on underwriting ... Risk Management/Insurance, Math, Statistics, Business Analytics, Economics (and related majors)

The Underwriting Externship Program looks to provide externs with immersive, hands-on underwriting ... Risk Management/Insurance, Math, Statistics, Business Analytics, Economics (and related majors)

The Underwriting Externship Program looks to provide externs with immersive, hands-on underwriting ... Risk Management/Insurance, Math, Statistics, Business Analytics, Economics (and related majors)

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Insurance Underwriting Analyst information

Is an insurance underwriting analyst a good job?

An insurance underwriting analyst is a stable career that involves evaluating insurance applications, analyzing risk factors, and using specialized software. It typically requires strong analytical skills, attention to detail, and sometimes industry certifications, with opportunities for advancement in the insurance and financial sectors.

How does an insurance underwriting analyst typically collaborate with other departments within an insurance company?

Insurance Underwriting Analysts work closely with a variety of teams, including claims, sales, actuarial, and risk assessment departments. They often consult with these teams to gather necessary information, clarify risk factors, and ensure that policies are accurately priced and compliant with regulations. Effective communication and teamwork are essential, as analysts need to balance the interests of the company with customer needs while maintaining regulatory standards. This collaboration helps ensure that underwriting decisions are well-informed and support the overall goals of the organization.

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

To thrive as an Insurance Underwriting Analyst, you need strong analytical skills, attention to detail, and a solid foundation in finance or business, often supported by a bachelor's degree. Familiarity with underwriting software, risk assessment tools, and industry certifications like CPCU or AU is typically required. Excellent communication, critical thinking, and decision-making skills help analysts interpret complex data and collaborate effectively with clients and colleagues. These competencies are crucial for accurately evaluating risk, setting appropriate premiums, and ensuring the profitability and compliance of insurance portfolios.

How much does an insurance underwriting analyst make?

The average salary for an insurance underwriting analyst typically ranges from $50,000 to $80,000 per year, depending on experience, location, and industry. Entry-level analysts may earn less, while those with specialized skills or certifications can earn higher salaries. Compensation often includes benefits such as health insurance and retirement plans.

What is the difference between Insurance Underwriting Analyst vs Insurance Underwriter?

AspectInsurance Underwriting AnalystInsurance Underwriter
CredentialsBachelor's degree in finance, economics, or related field; some certifications like CPCU or ARMBachelor's degree often required; certifications like CPCU or AIC are common
Work EnvironmentAnalyzing data, assessing risk, supporting underwriting decisionsEvaluating applications, making risk decisions, approving policies
Industry UsageUsed in insurance companies, brokerage firms, and risk managementPrimarily in insurance companies and agencies

Insurance Underwriting Analysts support underwriters by analyzing data and assessing risk, while Insurance Underwriters make the final risk decisions and approve policies. Both roles require similar credentials and work in comparable environments, but their responsibilities differ in scope and decision-making authority.

What does an insurance underwriting analyst do?

An Insurance Underwriting Analyst evaluates insurance applications to determine the level of risk involved in insuring an individual or organization. They analyze data on applicants, such as financial status, health, and other risk factors, to decide whether coverage should be provided and at what premium. Their work helps insurance companies set appropriate policies and premiums to maintain profitability while offering fair coverage to clients. Additionally, they often collaborate with underwriters and agents to review guidelines and ensure compliance with regulations.
What are popular job titles related to Insurance Underwriting Analyst jobs in Colorado? For Insurance Underwriting Analyst jobs in Colorado, the most frequently searched job titles are:
What job categories do people searching Insurance Underwriting Analyst jobs in Colorado look for? The top searched job categories for Insurance Underwriting Analyst jobs in Colorado are:
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Insurance Underwriting Business Analyst

Deloitte

Denver, CO • On-site

Other

This job post has expired 1 day ago. Applications are no longer accepted.


Deloitte rating

8.2

Company rating: 8.2 out of 10

Based on 92 frontline employees who took The Breakroom Quiz

46th of 150 rated financial services


Job description

Join our AI & Engineering team in transforming technology platforms, driving innovation, and helping make a significant impact on our clients' success. You'll work alongside talented professionals reimagining and re-engineering operations and processes that are critical to businesses. Your contributions can help clients improve financial performance, accelerate new digital ventures, and fuel growth through innovation.

AI & Engineering leverages cutting-edge engineering capabilities to build, deploy, and operate integrated/verticalized sector solutions in software, data, AI, network, and hybrid cloud infrastructure. These solutions are powered by engineering for business advantage, transforming mission-critical operations. We enable clients to stay ahead with the latest advancements by transforming engineering teams and modernizing technology & data platforms. Our delivery models are tailored to meet each client's unique requirements.

Recruiting for this role ends on 07/30/2026.

Work you'll do

As a Senior Consultant on the Insurance Solutions team, you will be responsible for advising clients on commercial and specialty insurance underwriting and policy transformation, operating model design, and business process modernization. You will:

  • Support business advisory and transformation efforts across commercial insurance and specialty insurance underwriting, rating, policy administration, and policy operations
  • Gather and document business requirements for underwriting, rating, policy administration, and distribution, with emphasis on commercial and specialty insurance use cases
  • Develop process maps, user stories, acceptance criteria, and fit-gap assessments to support strategy, operations, and technology-enabled transformation initiatives for underwriting and policy functions
  • Support solution design, test planning, and execution, including system integration testing and user acceptance testing, aligned to underwriting and policy objectives
  • Prepare client-ready materials, facilitate workshops and demos, and communicate insights and recommendations to client and Deloitte stakeholders

A successful candidate would possess these skills:

  • Ability to work independently and collaborate as part of a team
  • Effective written and verbal communication skills
  • Meticulous attention to detail and quality of work product
  • Ability to build and sustain professional relationships
  • Ability to lead projects or workstreams
  • Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
  • Strong interpersonal skills and professional demeanor
  • Ability to meet deadlines
  • Ability to provide clear guidance to others

The team

Our Industry Solutions offering provides verticalized solutions that transform how clients sell products, deliver services, generate growth, and execute mission-critical operations. We deliver integrated business expertise with scalable, repeatable technology solutions specifically engineered for each sector.

Insurance moves the world forward. It's the invisible safety net behind everything else that happens in society. To stay ahead, insurers need modern solutions. Our Insurance Transformation practitioners serve as trusted advisors to our clients, combining strategic thinking with deep industry knowledge to solve complex business problems in a team-based environment. We architect operating models and processes that enable growth, optimize capital, and maximize operational efficiency. We implement innovative technology solutions spanning core, digital, data, analytics, cloud and AI.

Deloitte's Financial Services Industry consulting practice is the largest in the world, serving over 90% of Fortune 500 banking, insurance, securities, investment management, and real estate companies.

Qualifications

Required:

  • Bachelor's degree
  • 2+ years of experience in commercial insurance or specialty insurance underwriting, policy administration, distribution, or insurance operations; experience limited to personal lines does not meet this requirement
  • 2+ years of experience supporting business analysis, requirements gathering, process mapping, fit-gap analysis, or transformation initiatives for underwriting or policy functions
  • 2+ years of experience creating structured presentations and storyboards in Microsoft PowerPoint
  • Ability to travel 50%, on average, based on the work you do and the clients and industries/sectors you serve.
  • Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.

Preferred:

  • Advanced degree (Master of Business Administration or PhD)
  • 1+ years of experience managing one large business integration effort and project team through scoping, planning, analysis, requirements, design, development, and testing
  • Chartered Property Casualty Underwriter (CPCU) or Associate in Risk Management (ARM) certification
  • 1+ years of experience with Property & Casualty platforms, including Guidewire, Duck Creek, Majesco, Origami, or similar
  • 1+ years of experience delivering using Agile or Scaled Agile Framework (SAFe) methodologies
  • Scrum Master or Project Management Professional (PMP) certification

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $128,000 to $252,500.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

Qualifications:

Join our AI & Engineering team in transforming technology platforms, driving innovation, and helping make a significant impact on our clients' success. You'll work alongside talented professionals reimagining and re-engineering operations and processes that are critical to businesses. Your contributions can help clients improve financial performance, accelerate new digital ventures, and fuel growth through innovation.

AI & Engineering leverages cutting-edge engineering capabilities to build, deploy, and operate integrated/verticalized sector solutions in software, data, AI, network, and hybrid cloud infrastructure. These solutions are powered by engineering for business advantage, transforming mission-critical operations. We enable clients to stay ahead with the latest advancements by transforming engineering teams and modernizing technology & data platforms. Our delivery models are tailored to meet each client's unique requirements.

Recruiting for this role ends on 07/30/2026.

Work you'll do

As a Senior Consultant on the Insurance Solutions team, you will be responsible for advising clients on commercial and specialty insurance underwriting and policy transformation, operating model design, and business process modernization. You will:

  • Support business advisory and transformation efforts across commercial insurance and specialty insurance underwriting, rating, policy administration, and policy operations
  • Gather and document business requirements for underwriting, rating, policy administration, and distribution, with emphasis on commercial and specialty insurance use cases
  • Develop process maps, user stories, acceptance criteria, and fit-gap assessments to support strategy, operations, and technology-enabled transformation initiatives for underwriting and policy functions
  • Support solution design, test planning, and execution, including system integration testing and user acceptance testing, aligned to underwriting and policy objectives
  • Prepare client-ready materials, facilitate workshops and demos, and communicate insights and recommendations to client and Deloitte stakeholders

A successful candidate would possess these skills:

  • Ability to work independently and collaborate as part of a team
  • Effective written and verbal communication skills
  • Meticulous attention to detail and quality of work product
  • Ability to build and sustain professional relationships
  • Ability to lead projects or workstreams
  • Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
  • Strong interpersonal skills and professional demeanor
  • Ability to meet deadlines
  • Ability to provide clear guidance to others

The team

Our Industry Solutions offering provides verticalized solutions that transform how clients sell products, deliver services, generate growth, and execute mission-critical operations. We deliver integrated business expertise with scalable, repeatable technology solutions specifically engineered for each sector.

Insurance moves the world forward. It's the invisible safety net behind everything else that happens in society. To stay ahead, insurers need modern solutions. Our Insurance Transformation practitioners serve as trusted advisors to our clients, combining strategic thinking with deep industry knowledge to solve complex business problems in a team-based environment. We architect operating models and processes that enable growth, optimize capital, and maximize operational efficiency. We implement innovative technology solutions spanning core, digital, data, analytics, cloud and AI.

Deloitte's Financial Services Industry consulting practice is the largest in the world, serving over 90% of Fortune 500 banking, insurance, securities, investment management, and real estate companies.

Qualifications

Required:

  • Bachelor's degree
  • 2+ years of experience in commercial insurance or specialty insurance underwriting, policy administration, distribution, or insurance operations; experience limited to personal lines does not meet this requirement
  • 2+ years of experience supporting business analysis, requirements gathering, process mapping, fit-gap analysis, or transformation initiatives for underwriting or policy functions
  • 2+ years of experience creating structured presentations and storyboards in Microsoft PowerPoint
  • Ability to travel 50%, on average, based on the work you do and the clients and industries/sectors you serve.
  • Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.

Preferred:

  • Advanced degree (Master of Business Administration or PhD)
  • 1+ years of experience managing one large business integration effort and project team through scoping, planning, analysis, requirements, design, development, and testing
  • Chartered Property Casualty Underwriter (CPCU) or Associate in Risk Management (ARM) certification
  • 1+ years of experience with Property & Casualty platforms, including Guidewire, Duck Creek, Majesco, Origami, or similar
  • 1+ years of experience delivering using Agile or Scaled Agile Framework (SAFe) methodologies
  • Scrum Master or Project Management Professional (PMP) certification

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $128,000 to $252,500.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

Education:Bachelor's DegreeEmployment Type:

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