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Senior Underwriter Jobs in Normal, IL (NOW HIRING)

Senior Product Experience Designer (Enterprise UX) Overview / Summary We are seeking hands-on ... In this role, you will help modernize internal experiences used by underwriters, call center ...

Insurance Advisor

Normal, IL · On-site

$79K - $99K/yr

Role Summary As an Insurance Advisor, you are a senior frontline representative of the Rivian ... Deep knowledge of P&C products, underwriting guidelines across multiple carriers, and the ability ...

Insurance Advisor

Normal, IL · On-site

$79K - $99K/yr

Senior Sales Execution: Lead the charge in converting high-intent inbound inquiries into active P&C ... Deep knowledge of P&C products, underwriting guidelines across multiple carriers, and the ability ...

... underwriting, pricing, risk management, carried reserves and/or profitability. May direct simple to complex actuarial projects simultaneously, cross-functionally, as well as aspects of very broad ...

P/C Senior Actuary

Bloomington, IL · On-site

$110K - $151K/yr

... underwriting, pricing, risk management, carried reserves and/or profitability. May direct simple to complex actuarial projects simultaneously, cross-functionally, as well as aspects of very broad ...

Collects documents and ensures appropriate due diligence is completed to confirm all underwriting ... Our job titles may span more than one career level (associate, senior, principal, etc.). The actual ...

... senior stakeholders. Research, Analytics & Investment Evaluation * Conduct market research ... underwriting, fraud, customer experience, and emerging enterprise technologies. Strategic ...

... senior stakeholders. Research, Analytics & Investment Evaluation * Conduct market research ... underwriting, fraud, customer experience, and emerging enterprise technologies. Strategic ...

Closing Coordinator

Bloomington, IL · Hybrid

$47K - $66K/yr

Collects documents and ensures appropriate due diligence is completed to confirm all underwriting ... Our job titles may span more than one career level (associate, senior, principal, etc.). The actual ...

... Underwriting team in Enterprise Technology Life area. This will be a new addition to the team to ... They need to have a strong Pega developer with Pega Skills, Rest API and Pega Senior Systems ...

Closing Coordinator

Bloomington, IL · On-site

$47K - $66K/yr

Collects documents and ensures appropriate due diligence is completed to confirm all underwriting ... Our job titles may span more than one career level (associate, senior, principal, etc.). The actual ...

Senior Underwriter information

See Normal, IL salary details

$36.2K

$104.2K

$130.5K

How much do senior underwriter jobs pay per year?

As of Aug 6, 2026, the average yearly pay for senior underwriter in Normal, IL is $104,220.00, according to ZipRecruiter salary data. Most workers in this role earn between $96,300.00 and $113,900.00 per year, depending on experience, location, and employer.

What does a senior underwriter do?

A Senior Underwriter is responsible for assessing and evaluating the risks involved in insuring individuals or assets and determining appropriate terms and premiums for insurance policies. They analyze complex applications, review financial statements, and use industry guidelines to make informed decisions. Senior Underwriters often handle higher-value or more complicated cases than junior staff, and they may also mentor less experienced underwriters and help develop underwriting policies. Their expertise helps insurance companies manage risk and maintain profitability.

How much do senior underwriters make in the US?

Senior underwriters in the US typically earn between $80,000 and $130,000 annually, depending on experience, industry, and location. They often require strong analytical skills and industry certifications such as CPCU or ARM to advance in their careers.

What are some common challenges senior underwriters face when assessing complex risk profiles?

Senior Underwriters often encounter challenges when evaluating complex risk profiles, such as insufficient or ambiguous client data, rapidly changing market conditions, and evolving regulatory requirements. Balancing the need to be competitive with maintaining sound risk management practices requires in-depth analysis and strong judgment. Collaboration with actuaries, legal teams, and client managers is frequently necessary to make well-informed decisions, and effective communication skills are key to explaining underwriting decisions to stakeholders.

What is the difference between Senior Underwriter vs Underwriter?

AspectSenior UnderwriterUnderwriter
CredentialsTypically requires 5+ years of experience, relevant certifications (e.g., CPCU, ARM)Entry to mid-level experience, often with similar certifications or on-the-job training
Work EnvironmentSenior-level decision-making, mentorship, complex risk assessmentPerforming standard risk evaluations, supporting senior staff
Industry UsageUsed across insurance sectors like property, casualty, healthCommonly used in same sectors, often as entry or mid-level roles

Senior Underwriters typically have more experience, handle complex cases, and mentor junior staff, whereas Underwriters focus on standard risk assessments and supporting senior team members. Both roles are essential in the insurance industry, with the senior position requiring advanced credentials and experience.

What does a senior underwriter do?

As a senior underwriter, your responsibilities are to oversee the insurance or loan application process at an insurance company or financial institution. Your duties include deciding when to offer a policy, assessing the risk of a potential customer, and ensuring the company has adequate funds to finance each claim an account makes (whether that is paying out insurance claims or extending a line of credit). Senior underwriters often consider whether it is appropriate to offer a loan, coordinate with a bank on complex customer issues, proactively search for ways to reduce the risk of future claims, and participate in strategy meetings with staff. A significant amount of underwriting is automated, so you typically focus on cases that are too complex to be evaluated by existing algorithms.

How much do senior underwriters earn?

Senior underwriters typically earn between $70,000 and $120,000 annually, depending on experience, industry, and location. They often require strong analytical skills and industry certifications, such as the Chartered Property Casualty Underwriter (CPCU).

Do senior underwriters make a lot of money?

Senior underwriters typically earn higher salaries than entry-level underwriters, with compensation varying based on industry, location, and experience. They often have specialized skills in risk assessment and may receive bonuses or incentives, making their overall earnings competitive within the insurance and finance sectors.
What are the most commonly searched types of Underwriter jobs in Normal, IL? The most popular types of Underwriter jobs in Normal, IL are:
What are popular job titles related to Senior Underwriter jobs in Normal, IL? For Senior Underwriter jobs in Normal, IL, the most frequently searched job titles are:
What cities near Normal, IL are hiring for Senior Underwriter jobs? Cities near Normal, IL with the most Senior Underwriter job openings:
Infographic showing various Senior Underwriter job openings in Normal, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 40% In-person, 40% Hybrid, and 20% Remote job distribution, with an average salary of $104,220 per year, or $50.1 per hour.

Senior P&C Actuarial Analyst - Sharing Economy

State Farm

Bloomington, IL • Hybrid

Full-time

Medical, Dental, Vision, Retirement

This job post has expired today. Applications are no longer accepted.


State Farm rating

7.4

Company rating: 7.4 out of 10

Based on 1,543 frontline employees who took The Breakroom Quiz

224th of 301 rated insurance


Job description

Overview

Being good neighbors – helping people, investing in our communities, and making the world a better place – is who we are at State Farm. It is at the core of how we operate and the reason for our success. We're moving with urgency to become a Next Gen Good Neighbor, with technology that strengthens human connections and enhances the customer experience. As an employee, you'll spend less time navigating systems and more time applying judgment, empathy, and expertise in the moments that matter most.

Office Location(s): Bloomington, IL; Dunwoody, GA; Richardson, TX; Tempe, AZ

Hybrid Work Arrangement: "Hybrid" position means selected candidates will be assigned to a facility and will spend some time working both in office and from their home. In this position, you should plan to spend time working in the office a minimum of 2 days per week currently and moving to 3 days per week in 2027. Associates are expected to be able to travel to and from your assigned office location as part of a hybrid work arrangement. Work arrangements could change over time based on business need. Your leadership will share additional information regarding your department’s approach and what it means for you.

*****Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunity*****


Responsibilities

As a member of the Property and Casualty Actuarial community you will be challenged and empowered to grow personally and professionally. We are dedicated to helping each of our associates develop to their full potential.

To enable our associates to grow, P&C Actuarial offers a competitive Exam Support program for associates pursuing their actuarial designations. 

Our Sharing Economy team is responsible for adapting to changing consumer preferences and emerging trends in the transportation of both people and goods and the impacts of those trends on our customers’ insurance needs. They collaborate with cross-functional teams—including product, underwriting, claims, and loss reserve teams to translate platform data into pricing recommendations that support profitable program growth of the #1 Property and Casualty insurer in the United States. Analysts gather and reconcile data from various internal systems and external sources to support actuarial analyses. They assist in building and maintaining tools that drive in-depth loss analysis, actuarial indication, and trend monitoring.


Qualifications

We Are Looking for Candidates With:

  • A minimum of 2 years of experience working with or for a gig or sharing economy company.
  • Bachelor’s degree in Actuarial Science, Math, Statistics, Data Science, Computer Science, Information Management or other analytical fields.
  • Experience with data and statistical analysis in Excel, SQL, R, and/or Python
  • Strong communication, interpersonal, organization, leadership, problem-solving and critical thinking skills
  • Successful completion of at least three Society of Actuaries or Casualty Actuarial Society exams required.  ACAS designation preferred.
  • Intention to earn, or maintain the Continuing Education requirements of, the ACAS/FCAS designation.  

Candidates selected will be placed into a job level based on overall competitiveness considering work history, educational background, industry knowledge, and ACAS/FCAS exam progress.

*****Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunity*****


Our Benefits

Because work-life balance is a priority at State Farm, compensation is based on our standard 38:45-hour work week!

  • Potential starting salary range: $105,000 - $149,000
    • Starting salary and job level (Actuarial Analyst/Sr. Actuarial Analyst/Principal Actuary) will be based on skills, background, CAS exams passed, and relevant experience.
    • High end of the range limited to applicants with significant relevant experience
    • Actuarial Exam Support/reimbursements and salary increases for passed exams
  • Potential yearly incentive pay up to 15% of base salary
  • Incentives for successful completion of industry exams (ACAS and FCAS)


At State Farm, we offer more than just a paycheck. Check out our suite of benefits designed to give you the flexibility you need to take care of you and your family!

  • Get Paid! On top of our competitive pay, you are eligible for an annual raise and bonus.
  • Stay Well! Focus on you and your family’s health with our robust health and wellbeing programs. State Farm pays most of your healthcare premium, and we offer multiple healthcare plan options, including a high deductible plan. All medical plans provide 100% coverage for in-network preventative care, AND you and your family have access to vision, dental, telemedicine, 24/7 mental health professionals, and much more!
  • Develop and Grow! Take advantage of educational benefits like industry leading training programs, top-notch tuition assistance programs, employee resource groups, and mentoring.
  • Plan Ahead! Plan for those big moments in life with benefits like fertility/IVF/adoption assistance, college coaching, national discount programs, interactive monthly financial workshops, free financial coaching, and more. You can also start a savings account or consider financing through our State Farm Federal Credit Union!
  • Take a Little “You” Time! You will have access to our generous time off policies designed so you can plan around holidays, family events, volunteering, or just to take a relaxing day off. With the opportunity to initially earn up to 20 days annually plus parental leave, paid holidays, celebration day, life leave (40 hours/year), bereavement leave, and community service/education support days, there will be plenty of time for you!
  • Give Back! We offer several ways to give back through our Matching Gift Program, Good Neighbor Grant Program, and the Employee Assistance Fund.
  • Finish Strong! Plan for retirement using free financial advisors and a 401(k) plan with company contributions of up to 7% of your salary.

Visit our State Farm Careers page for more information on our benefits, locations, and the hiring process of joining the State Farm team!

Qualifications:

We Are Looking for Candidates With:

  • A minimum of 2 years of experience working with or for a gig or sharing economy company.
  • Bachelor’s degree in Actuarial Science, Math, Statistics, Data Science, Computer Science, Information Management or other analytical fields.
  • Experience with data and statistical analysis in Excel, SQL, R, and/or Python
  • Strong communication, interpersonal, organization, leadership, problem-solving and critical thinking skills
  • Successful completion of at least three Society of Actuaries or Casualty Actuarial Society exams required.  ACAS designation preferred.
  • Intention to earn, or maintain the Continuing Education requirements of, the ACAS/FCAS designation.  

Candidates selected will be placed into a job level based on overall competitiveness considering work history, educational background, industry knowledge, and ACAS/FCAS exam progress.

*****Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunity*****

Education:UNAVAILABLEEmployment Type: FULL_TIME

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