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Underwriter Development Program Jobs in Harvey, IL

Markel Corporation

Underwriter, Surety

Chicago, IL · On-site

Direct responsibility for agency development and management, including agency visits * Accountable ... We offer competitive benefit programs that help meet our diverse and changing environment as well ...

AIG

Underwriter II, Energy

Chicago, IL · On-site

$84K - $111K/yr

That is why we created our Total Rewards Program, a comprehensive benefits package that extends ... We invest in our largest asset, our people, through continuous learning and development, in a ...

Munich Re

Public Entity Underwriter

Chicago, IL · On-site

... the development of new or potential business clients. • Become proficient in the handling of ... A variety of health and wellness programs provided at no cost. Paid time off for eligible family ...

Markel International

Underwriter, Surety

Chicago, IL · Hybrid

Direct responsibility for agency development and management, including agency visits * Accountable ... We offer competitive benefit programs that help meet our diverse and changing environment as well ...

Munich Re

Public Entity Underwriter

Chicago, IL

... in the development of new or potential business clients. Become proficient in the handling of ... A variety of health and wellness programs provided at no cost. Paid time off for eligible family ...

Berkley

Senior Underwriter - D&O

Chicago, IL

$115K - $125K/yr

Product Development * Suggest and/or develop policy endorsements to improve Berkley Select ... Working knowledge of PC's and other software programs (including Microsoft Word and Excel ...

Berkley

Senior Underwriter - D&O

Chicago, IL · On-site

$115K - $125K/yr

Product Development * Suggest and/or develop policy endorsements to improve Berkley Select ... Working knowledge of PC's and other software programs (including Microsoft Word and Excel ...

Berkley

Senior Underwriter - D&O

Chicago, IL · On-site

$115K - $125K/yr

Product Development * Suggest and/or develop policy endorsements to improve Berkley Select ... Working knowledge of PC's and other software programs (including Microsoft Word and Excel) The ...

AXIS Capital

Specialty A&H Underwriter

Chicago, IL · On-site

Underwriting existing A&H Partners: * Evaluates cases as received from MGUs and Program Managers ... Works with Legal, Product, Operations and Business Development to modify existing MGUs/Programs.

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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.

Underwriter Trainee, Marine

Tokio Marine America

Chicago, IL • On-site

$65K - $75K/yr

Other

Retirement

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

Job description

About Tokio Marine:


Tokio Marine has been conducting business in the U.S. market for over a century and we are licensed in all states, Puerto Rico and the District of Columbia, and write all major lines of Commercial Property and Casualty Insurance. We provide unique insurance and risk management tools from our experienced staff of account executives, underwriters and loss prevention engineers and fair and timely claim settlement from a skilled team of claim professionals. We work with major brokers and leading independent insurance agents throughout the United States to serve the world's largest and most distinguished organizations.


We are committed to creating value for our customers by providing ANSHIN (safety, security and peace of mind). We strive to be creative and passionate as we work towards our long-term success.


Tokio Marine Holdings is Japan's oldest, and one of the largest property and casualty insurers. Founded in 1879, TMNF operates worldwide in 47 countries. With annual revenues of approximately $50 billion and an A.M. Best rating of A++, one of the highest in the industry, we are one of the top 20 insurance providers worldwide.


Job Summary

Participate in a one-year formal underwriting training program. Training will consist of formal case study assignments in applicable lines of business currently written by TMA Marine Unit, job interaction with underwriting staff as well as formal Insurance training (both internal and external). Training will be directly supervised and monitored by a Team Leader or Underwriting Manager A Training Program Schedule and Curriculum will be followed to ensure consistency in skill set development.


Essential Job Functions

  • Complete underwriting training assignments in accordance with the one-year time schedule provided. Training will be divided between case study (reading and testing) assignments and direct interaction with underwriters and managers during real life underwriting transactions. Training will include the following coverages: inland marine and ocean marine.
  • Assist underwriters in performing routine underwriting tasks within a closely supervised setting. This will include extensive communication with agents and brokers over the phone, in writing, and through email.
  • Responsible for complying with proper internal controls as necessary to conduct job functions and/or carry out responsibilities and/or administrative activities at Company.


Qualifications

  • College Degree preferred
  • Good oral and written communication; and strong interpersonal skills
  • Excellent knowledge of Microsoft Products and computer skills
  • Strong work ethic and initiative displayed on the job
  • Strong initiative to learn and expand current Insurance knowledge and skills set


Salary range $65,000 to $75,000. Ultimate salary offered will be based on factors such as applicant experience and geographic location. Our company offers a competitive benefits package and bonus eligibility on top of base.


TMA believes the perfect candidate is more than just a resume. If you don't meet every single requirement, but are still interested in the job, we encourage you to apply.


Apply Here: https://careers.tmamerica.com/jobs/17929782-claims-trainee-commercial-auto


Benefits:

We offer a comprehensive benefit package, which includes a generous 401K match. Our rich history of outstanding results and growth allow us to focus our business plan on continued growth, new products, people development and internal career opportunities.


EEO Statement

Tokio Marine Management is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, or sexual orientation.

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