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Underwriter Development Program Jobs in Harvey, IL

Chubb

Senior Underwriter, Energy

Chicago, IL · On-site

$100K - $165K/yr

Demonstrated success in marketing, producer/book management and new business development. * Ability ... This role may also be eligible to participate in a discretionary annual incentive program. Chubb ...

Chubb

Senior Underwriter, Energy

Chicago, IL

$100K - $165K/yr

Demonstrated success in marketing, producer/book management and new business development. * Ability ... This role may also be eligible to participate in a discretionary annual incentive program. Chubb ...

Chubb

Senior Underwriter, Construction

Chicago, IL

$100K - $165K/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 ...

Munich Re

E&S Property Underwriter

Chicago, IL · On-site

Development and execution of production strategies and business plans to implement and maximize ... A variety of health and wellness programs provided at no cost. * Paid time off for eligible family ...

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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 Jul 17, 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 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 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 July 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $75,544 per year, or $36.3 per hour.
Senior Underwriter, Energy

Senior Underwriter, Energy

Chubb

Chicago, IL • On-site

$100K - $165K/yr

Full-time

Re-posted 10 days ago

Chubb rating

8.2

Company rating: 8.2 out of 10

Based on 66 frontline employees who took The Breakroom Quiz

123rd of 281 rated insurance

Job description


Chubb's Energy Practice is an exciting and dynamic place for individuals who are seeking career opportunity and advancement. The Commercial Insurance team has an opening for a Senior Underwriter to join our Energy Practice (salary and title commensurate with experience level). This is a high-impact role that is focused on growing a Property and Casualty book comprised of Package, Automobile, Pollution, Workers' Compensation, Umbrella and International. Multi-line experience is encouraged.
ABOUT THE ROLE
The Senior Underwriter with Chubb's Energy department will manage approximately a $7-10 million book of business in their assigned territory. The Underwriter must develop book growth, maintain superior internal and external relationships and implement effective and profitable pricing strategies.
This individual will also have accountability for the financial performance of this book of business, achieving growth for the branch. We are seeking someone who will identify opportunities for growth within new and existing production sources, identify cross sell opportunities, conduct agency planning/goal setting and make regular broker and insured visits based on monthly goals.
Demonstration of the following skills and abilities:
  • Strong sales and marketing skills along with the ability to position accounts and close deals.
  • Demonstrated success in marketing, producer/book management and new business development.
  • Ability to successfully negotiate on all levels with both internal and external partners and nurture key producer relations.
  • High proficiency with the underwriting process and risk analysis.
  • Effective desk management.
  • Exemplary ability to effectively interact with customers and coworkers at all levels.
  • Knowledge and proficiency with underwriting technical issues, compliance, coverage, products, pricing & strategies.
  • Results orientation, entrepreneurial spirit, business acumen, self-motivation and strong ability to work in a collaborative team environment.
  • Responsible for the professional development, retention, and performance assessment of team members.

Qualifications
  • 3+ years underwriting experience within the Energy industry and/or Commercial experience with a desire to specialize in the Energy sectors of Power Generation, Petroleum, and Mining
  • Experience with multiple lines of insurance
  • Bachelor's degree
  • Knowledge of insurance industry
  • Knowledge of underwriting concepts, practices, and procedures
  • Microsoft Word, Excel, and Outlook
  • Oral and written communication skills
  • Negotiation skills
  • Marketing skills-Broker and Client
  • Leadership skills

The pay range for the role is $100,000 to $165,000. The specific offer will depend on an applicant's skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.
About Us
Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.
At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

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About Chubb

Sourced by ZipRecruiter

Chubb is the world's largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. We are a unique global organization with a culture of individuals passionately committed to our respective crafts. With underwriting at our core, each of us contributes to providing the best insurance coverage and service to our clients. Our highly collaborative, inclusive nature helps us drive better business outcomes through diversity of background, experiences, insights and values.

Industry

Insurance services

Company size

10,000+ Employees

Headquarters location

Warren, NJ, US

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