1

Insurance Underwriting Analyst Jobs in Wisconsin

Underwriting Manager

Madison, WI · On-site

$140K - $185K/yr

Advanced risk evaluation and insurance contract knowledge. * Capability to execute current ... Analytical and problem-solving skills with an affinity for detailed accuracy. * Advanced ...

Prior underwriting and risk analysis experience strongly preferred. * ASO and fully insured experience preferred. For candidates working in person or virtually in the below locations, the salary ...

Bachelor's degree, preferably in insurance or business administration or equivalent relevant ... Superior knowledge of underwriting and risk analysis * Exceptional problem‑solving skills and the ...

Prior underwriting and risk analysis experience strongly preferred. * ASO and fully insured experience preferred. For candidates working in person or virtually in the below locations, the salary ...

Showing results 21-40

Insurance Underwriting Analyst information

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 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 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 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.

How much does an insurance underwriting analyst make?

An insurance underwriting analyst typically earns between $50,000 and $80,000 annually, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts or those with specialized skills can earn higher salaries. Certifications such as CPCU or ARM can also influence compensation.

Is an insurance underwriting analyst a good job?

An insurance underwriting analyst is a stable role that involves evaluating insurance applications, assessing risk, and determining policy terms. It typically requires strong analytical skills, attention to detail, and knowledge of insurance policies and regulations. The job offers opportunities for career advancement and often includes benefits such as a regular schedule and professional development options.

What are popular job titles related to Insurance Underwriting Analyst jobs in Wisconsin?

For Insurance Underwriting Analyst jobs in Wisconsin, the most frequently searched job titles are:

What job categories do people searching Insurance Underwriting Analyst jobs in Wisconsin look for?

The top searched job categories for Insurance Underwriting Analyst jobs in Wisconsin are:

What cities in Wisconsin are hiring for Insurance Underwriting Analyst jobs?

Cities in Wisconsin with the most Insurance Underwriting Analyst job openings:

Specialty Underwriter - Senior Living

West Bend Insurance Company

Madison, WI

$68K - $108K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 16 days ago


West Bend Insurance rating

9.5

Company rating: 9.5 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

7th of 311 rated insurance


Job description

Recognized as aMilwaukee Journal SentinelTop Workplace for 14 consecutive years, including three years of being honored as number one! Join us at West Bend, where we believe that our associates are our greatest asset. We hire talented individuals who are conscientious, dedicated, customer focused, and able to build lasting relationships. We create and maintain an environment where you feel a sense of belonging and appreciation. Your diversity of thought, experience, and knowledge are valued. We’re committed to fostering a welcoming culture, offering you opportunities for meaningful work and professional growth. More than a workplace, we celebrate our successes and take pride in serving our communities.


We are growing at West Bend! Our Commercial Lines Underwriting team plays a critical role in our journey towards profitable growth. Our Underwriters are relationship focused with strong communication skills, motivated, and work in a fast-paced team environment. West Bend is an industry leading carrier that works solely through the independent agency system. We are looking for the right individual to join our team!


This position offers a hybrid work schedule. Candidates who are located within 50 miles of a West Bend office location will work a hybrid schedule for collaboration days, team meetings or other in-person events. The position can be based in Madison or West Bend.

The internal deadline to apply is 8/14/26. External applications will be accepted on a rolling basis while the position remains open.


Summary of Responsibilities

The Underwriter II is responsible for underwriting and managing a portfolio of commercial insurance accounts with moderate to high complexity. This role involves applying advanced underwriting knowledge to assess risk, determine appropriate coverage, and ensure profitability. The Underwriter II collaborates with internal and external stakeholders, supports agency relationships, and contributes to enterprise initiatives.

Key Responsibilities

  • Underwrite new business submissions, renewals and endorsements. 
  • Oversee growth and profitability of an underwriting territory. 
  • Use internal and external data and reporting to support decision-making.
  • Document underwriting files with sufficient detail and clarity.  
  • Provide territory performance reports and action plans to leadership.
  • Collaborate with sales, claims, loss control, and agency partners.
  • Lead agency visits and promote product line benefits and growth/incentive efforts.  Support agency action plans.
  • Maintain compliance with underwriting guidelines, best practices, rate plans, and the Letter of Authority. 
  • Mentor new associates, Underwriter I, and support training.
  • Participate in committees and enterprise initiatives.
  • Navigate conflict and contribute to team solutions.

Preferred Experience and Skills

  • 3 years of experience in commercial multi-line underwriting 
  • Analytical, communication, and organizational skills.
  • Proficient in Microsoft Office Suite.
  • Ability to mentor and support team development.
  • Comfortable with underwriting systems and continuous learning.

Preferred Education and Training

  • Bachelor’s degree in Business, Insurance or related field
  • Completion of certificate in General Insurance and Associate in Underwriting program

The estimated salary range for this position is $68,933-$108,087. 

The actual base pay offered to the successful candidate will be based on multiple factors, including but not limited to job-related knowledge/skills, experience, business needs, geographical location, and internal equity. Compensation decisions are made by West Bend and are dependent upon the facts and circumstances of each position and candidate. 


West Bend offers a comprehensive benefit plan including but not limited to: 

  • Medical & Prescription Insurance 
  • Health Savings Account 
  • Dental Insurance 
  • Vision Insurance 
  • Short and Long Term Disability 
  • Flexible Spending Accounts 
  • Life and Accidental Death & Disability 
  • Accident and Critical Illness Insurance 
  • Employee Assistance Program 
  • 401(k) Plan with Company Match 
  • Pet Insurance 
  • Paid Time Off. Standard first year PTO is 17 days, pro-rated based on month of hire. Enhanced PTO may be available for experienced candidates 
  • Bonus eligible based on performance 
  • West Bend will comply with any applicable state and local laws regarding employee leave benefits, including, but not limited to providing time off pursuant to the Colorado Healthy Families and Workplaces Act for Colorado employees, in accordance with its plans and policies.

West Bend provides equal employment opportunities to all associates and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, and promotion.

#LI-LB1


What West Bend Insurance employees say

Pay

Hours and flexibility

Workplace

Get the full story on Breakroom