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Underwriter Development Program Jobs in Harvey, IL

Chubb

Underwriter, Construction

Chicago, IL · On-site

$85K - $130K/yr

Collaborate with Business Development Managers, field underwriting, and distribution to identify ... This role may also be eligible to participate in a discretionary annual incentive program. Chubb ...

Chubb

Underwriter, Construction

Chicago, IL · On-site

$85K - $130K/yr

Collaborate with Business Development Managers, field underwriting, and distribution to identify ... This role may also be eligible to participate in a discretionary annual incentive program. Chubb ...

Novacore

P&C Underwriter

Oak Brook, IL · On-site +1

Ongoing mentorship and professional development * Endless opportunities for upward mobility So if ... programs. At Novacore, we're entering an exciting new chapter. Novacore is the newly formed ...

Ascot Group

Underwriter, Inland Marine

Chicago, IL · On-site

$115K - $140K/yr

Responsible for underwriting Inland Marine within the appetite developed by our team. * Independently works to appropriately select risks, evaluate, and recommend program structure, services, and ...

AIG

Executive Underwriter, AIGRM

Chicago, IL · On-site

$104K - $127K/yr

Identifies target markets, designs, and implements strategies for lead development and builds ... That is why we created our Total Rewards Program, a comprehensive benefits package that extends ...

Brookfield

Senior Underwriter

Chicago, IL

$101K - $120K/yr

... program-including health, dental, vision, 401(k) with company match, paid time off, and ... development opportunities. Core Values At Clearbrook our Core Values are Integrity, Collaboration ...

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All JobsUnderwriter Development Program JobsUnderwriter Development Program Jobs in Harvey, IL

Underwriter Development Program information

See Harvey, IL salary details

$31.1K

$75.5K

$133.6K

How much do underwriter development program jobs pay per year?

As of Aug 8, 2026, the average yearly pay for underwriter development program in Harvey, IL is $75,544.00, according to ZipRecruiter salary data. Most workers in this role earn between $58,400.00 and $83,300.00 per year, depending on experience, location, and employer.

Is it hard to get a job in underwriting?

Getting a job in underwriting can be competitive, often requiring relevant education such as a degree in finance, economics, or related fields, along with strong analytical skills. Entry-level positions may be accessible with internships or certifications like the Chartered Property Casualty Underwriter (CPCU), but advancing in the field typically involves gaining experience and developing industry-specific knowledge.

What can I expect from the training and mentorship provided in an underwriter development program?

Participants in an Underwriter Development Program typically receive a blend of classroom instruction, on-the-job training, and mentorship from experienced underwriters. You can expect to rotate through various lines of business, work on real case studies, and gradually take on more responsibility as you build your technical and analytical skills. Mentors and managers provide regular feedback and support, helping you to understand underwriting guidelines, risk assessment, and client interaction. This structured training approach prepares you for a successful underwriting career and often leads to advancement opportunities within the company.

What is the career progression for underwriter development program?

The Underwriter Development Program typically leads to roles such as underwriter, senior underwriter, and underwriting manager, with progression based on performance, experience, and skill development. Participants often gain expertise in risk assessment, insurance policies, and industry tools, which can open opportunities for specialization or leadership positions within the underwriting field.

What is an underwriter development program?

An Underwriter Development Program is a structured training initiative offered by insurance companies or financial institutions to prepare individuals for careers as underwriters. Participants typically receive a mix of classroom instruction, on-the-job training, and mentorship to learn about risk assessment, policy evaluation, and decision-making processes. The goal of the program is to equip trainees with the knowledge and skills needed to evaluate insurance applications, determine coverage terms, and assess potential risks. These programs often lead to full-time underwriting positions upon successful completion.

What are the key skills and qualifications needed to thrive in an underwriter development program, and why are they important?

To thrive in an Underwriter Development Program, you need strong analytical abilities, attention to detail, and a bachelor's degree in finance, business, or a related field. Proficiency with risk assessment software, Microsoft Excel, and familiarity with industry regulations or progress toward certifications like CPCU are often valued. Effective communication, critical thinking, and strong organizational skills help candidates stand out in this role. These skills ensure accurate risk analysis, clear client interactions, and the ability to manage complex portfolios in the insurance industry.

What is the difference between Underwriter Development Program vs Underwriter?

AspectUnderwriter Development ProgramUnderwriter
CredentialsTypically requires a bachelor's degree, sometimes a certification like CPCU or ARMRequires similar credentials, often with additional experience or certifications
Work EnvironmentStructured training environment, often in corporate officesOperational, risk assessment, and decision-making roles in insurance companies
Usage in IndustryEntry-level training program for aspiring underwritersFull-time professional role responsible for evaluating insurance risks

The Underwriter Development Program is designed to train and develop new talent into underwriters, providing structured learning and mentorship. An underwriter, on the other hand, is a fully qualified professional responsible for assessing risks and making underwriting decisions. The program prepares individuals for a career as an underwriter, who then performs the core job functions within the insurance industry.

Underwriter Development Program jobs near you
Infographic showing various Underwriter Development Program job openings in Harvey, IL as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 17% Part Time, 1% Temporary, and 4% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $75,544 per year, or $36.3 per hour.

Underwriting Professional Development Program, National Accounts - October 2026

The Whiteside Agency

Chicago, IL

$60K - $100K/yr

Full-time

Medical, Life, Retirement, PTO

Posted 2 days ago

New

Job description

Who Are We?

Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Job Category
UnderwritingCompensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Salary Range$60,800.00 - $100,300.00
Target Openings
1
What Is the Opportunity?
This position is part of a comprehensive year-long program starting October 12, 2026. The program includes critical training sessions throughout the first year that are essential to program success.
Under close supervision and as a participant in a structured training program, actively learns about underwriting philosophy, business unit products and strategies, negotiation, and relationship building. As a trainee, handles renewal business under direct supervision and moves to developing new business as skills advance. As knowledge increases and, under direct supervision, takes on less complex underwriting of individual accounts and eventually a territory. Seeks out opportunities to observe account analysis discussions with other underwriters and underwriting leaders. Takes initiative for their own development. The incumbent in this job does not manage others.What Will You Do?

Underwriting and Pricing:

  • Under direct supervision, underwrites and assesses risk and makes recommendations for less complex accounts in a market segment.

Distribution and Agency Management:

  • Establishes effective relationships with customers, agents and brokers.

Sales:

  • Develops consultative sales and marketing skills through their interaction with agents/brokers and via coaching from their manager.

Negotiation:

  • Develops negotiation skills through their interaction with agents/brokers and via coaching from their manager.

Executes Strategy and Drives Results:

  • Develops planning and organization skills necessary to effectively manage desk and assume a territory.

Business Planning and Collaboration:

  • Effectively collaborates with others on all aspects of job.
  • Understands the need to seek enterprise-wide solutions to business problems.

Leading Self:

  • Takes initiative for personal development and seeks to learn through underwriting, marketing, and other related opportunities.
  • Perform other duties as assigned.
What Will Our Ideal Candidate Have?
  • Educational background/ coursework in Business Administration/ Management, Finance/Accounting, Economics, Mathematics/Science, Sales/Marketing/Communications.

Industry/Business Knowledge:

  • Demonstrates an ability, desire, and intellectual curiosity to learn the business.
  • Business Perspective: Uses knowledge of internal and external factors impacting the property & casualty industry to make decisions.
  • Analytical Thinking/Financial Acumen: Identifies current or future problems or opportunities, analyzes, synthesizes and compares information to understand issues, identifies cause/effect relationships and explores alternative solutions to support sound decision making.
  • Understands and uses financial information, tools and expense management principles to accomplish day-to-day work and maximize profitability.
  • Relationship Management: Seeks out, builds, fosters and maintains productive relationships, networks or alliances to meet goals and achieve results.
  • Valid drivers license or alternate means of personal transportation.
What is a Must Have?
  • Bachelor degree or one year of applicable business experience.
What Is in It for You?
  • Health Insurance:Employees and their eligible family members - including spouses, domestic partners, and children - are eligible for coverage from the first day of employment.
  • Retirement:Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
  • Paid Time Off:Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
  • Wellness Program:The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
  • Volunteer Encouragement:We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.
Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.

In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.

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