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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

$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 ...

Munich Re

Public Entity Underwriter

Chicago, IL · On-site

... 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 ...

IFG Companies

Underwriting Trainee

Chicago, IL · On-site

$65K - $75K/yr

... Underwriter Trainee ("Trainee") participates in the commercial underwriting trainee program of IFG ... development while gaining direct exposure to wholesale insurance brokers across the U.S. The ...

Chubb

Senior Underwriter, Construction

Chicago, IL · On-site

$100K - $165K/yr

Work closely with local Business Development Managers to identify opportunities for growth and ... This role may also be eligible to participate in a discretionary annual incentive program. Chubb ...

Acrisure

Captive Marketing Underwriter

Chicago, IL · On-site

$90K - $130K/yr

Program Marketing - Present captive solutions to brokers and prospective clients, articulating ... Relationship Development - Build strong partnerships with brokers to drive captive growth. Maintain ...

Acrisure

Captive Marketing Underwriter

Chicago, IL · On-site +1

$90K - $130K/yr

Program Marketing - Present captive solutions to brokers and prospective clients, articulating ... Relationship Development - Build strong partnerships with brokers to drive captive growth. Maintain ...

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.

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 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.

Underwriter, Surety

Chicago, IL • On-site

Markel Corporation
See more jobs at Markel Corporationexternal

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 24 days ago

Markel rating

9.2

Company rating: 9.2 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

Job description

What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it.
The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and problem-solvers. We're always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs.Join us and play your part in something special!The underwriter is to have the knowledge and apply the skills required of this position, including knowledge of required and normal ratios, risks associated with various types of construction activities, competition's underwriting attitudes and industry norms for all issues. The underwriter is the source for knowledge and information concerning bonding.
Primary responsibilities
With assistance where needed from Branch Manager:
  • Underwrite contract bonds adhering to Markel Surety's underwriting philosophy, appropriately assessing the risk presented and properly managing that risk and
  • Conduct all forms of marketing to strategically build a profitable book in a designated territory.

Experience
  • Bachelor's degree required
  • 3-4 years experience in Contract Surety Underwriting
  • Produce and underwrite business from assigned agents/brokers
  • Continuously manage book of business (maintains quality business)
  • Direct responsibility for agency development and management, including agency visits
  • Accountable for accurate underwriting documentation/information in account management systems and adherence to documentation standards
  • Knowledgeable in contract review including bond forms, riders, and indemnity agreements
  • Understands and executes strategies to produce quality results
  • Open to travel 20%

#LI-Hybrid
#DEIB
US Work Authorization
US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Pay information:
The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. The salary for the position is $74,320 - $102,190 with a 20% bonus potential.
Who we are:
Markel Group (NYSE - MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.
We're all about people | We win together | We strive for better
We enjoy the everyday | We think further
What's in it for you:
In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.
  • We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees' needs at all stages of life.

  • All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.

  • We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.

Are you ready to play your part?
Choose 'Apply Now' to fill out our short application, so that we can find out more about you.
Caution: Employment scams
Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that:
  • All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.

  • All legitimate communications with Markel recruiters will come from Markel.com email addresses.

We would also ask that you please report any job employment scams related to Markel to rarecruiting@markel.com.
Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.
Should you require any accommodation through the application process, please send an e-mail to the rarecruiting@markel.com.
No agencies please.

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