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Underwriter Development Program Jobs in Harvey, IL

Ryan Specialty

Senior Executive Underwriter

Chicago, IL · On-site

$101K - $120K/yr

Negotiates coverage, pricing, and program structures while balancing client needs, broker ... Contributes to underwriting guidelines, business planning, product development, and strategic ...

Ryan Specialty

Senior Executive Underwriter

Chicago, IL · On-site

$101K - $120K/yr

Negotiates coverage, pricing, and program structures while balancing client needs, broker ... Contributes to underwriting guidelines, business planning, product development, and strategic ...

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 ...

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 ...

Chubb

Executive Underwriter, Environmental

Chicago, IL · On-site

$110K - $160K/yr

... various Business Development Managers across the region to position this portfolio within ... This role may also be eligible to participate in a discretionary annual incentive program. Chubb ...

AIG

Executive Underwriter, AIGRM

Chicago, IL

$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 ...

Munich RE

Public Entity Underwriter

Chicago, IL · On-site

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

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 ...

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 ...

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Showing results 21-40

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 Sep 12, 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.

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 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 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.

How hard is it to get an underwriter development program job?

Securing an underwriter development program position typically requires a relevant bachelor's degree, strong analytical skills, and sometimes prior internship experience. Competition can be moderate to high, and candidates often need to demonstrate proficiency in risk assessment, attention to detail, and familiarity with underwriting tools or software.
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.

Summer Leadership Development Intern - Underwriting

Chicago, IL • On-site

Munich RE
See more jobs at Munich REexternal

$25 - $27/hr

Other

Re-posted yesterday

Job description

All locations Princeton, United States; Atlanta, United States; Chicago, United States; New York, United States; Philadelphia, United States;

Summer Leadership Development Re/Insurance Internship - Underwriting

All applicants, including applicants holding a valid CPT/OPT visa, who will require employer sponsorship of a visa now or in the future will not be considered for this position.

The Company

As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive - from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.

The Opportunity

Munich Re's Summer Leadership Development Program (SLDP) is an immersive 12-week internship designed to expose students to our industry-leading practices. Applicants should be rising seniors interested in pursuing fulltime careers in the insurance industry. SLDP interns are entrusted to work on real-time business activities and projects, and are treated as valued members of the Munich Re team. The internship provides foundational experiences in key insurance and/or reinsurance units (e.g. underwriting, risk management, claims, data, marketing, etc.) to build technical skills through engaging and meaningful project work. Interns also strengthen their professional and personal skills via meetings with senior leaders, networking with colleagues, involvement in volunteer opportunities, and conversations with their paired mentors. Hear from one of our past SLDP interns at the following link: https://youtu.be/Y_FhVHz_4mA

Qualifications:

The Summer Leadership Development Program internship is only open to students who are in their junior year of an undergraduate program or in their first year of a graduate degree program and have:

* GPA 3.25 and above

* Superior communication skills (oral and written)

* High emotional intelligence

* Strong analytical capabilities

* Ability to think strategically and function tactically

* Tech savviness

* Innate curiosity and self-motivation

* Demonstrated leadership abilities in college or community activities

* Flexible work style with ability and willingness to work independently, with in-person colleagues, and as part of remote teams

All applicants, including applicants holding a valid CPT/OPT visa, who will require employer sponsorship of a visa now or in the future will not be considered for this position.

SLDP interns will work from 1 of 5 possible locations: Princeton, NJ; New York City, NY; Philadelphia, PA; Chicago, IL or Atlanta, GA. While we consider interns' location preferences, applicants should be open to all five cities as placement will ultimately depend on business need. The base range for this internship will be $25- $27 per hour.

At Munich Re US, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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