The Underwriter's primary responsibility is to underwrite individual risks through a demonstration of the following skills and abilities: * Fundamentals of coverage, terms and conditions. Ability to ...
The Underwriter's primary responsibility is to underwrite individual risks through a demonstration of the following skills and abilities: * Fundamentals of coverage, terms and conditions. Ability to ...
... underwriting discipline/guidelines, marketing and assisting in the servicing of existing and potential wholesale clients. Job Duties and Responsibilities: · Execute the business plan for the ...
... underwriting discipline/guidelines, marketing and assisting in the servicing of existing and potential wholesale clients. Job Duties and Responsibilities: · Execute the business plan for the ...
Principal Underwriter
New York, NY · On-site
The Role We are hiring a Principal Underwriter, AI Strategy & Systems to serve as the domain expert behind our AI underwriting platform. This is not a traditional underwriting desk. You are the ...
Principal Underwriter
New York, NY · On-site
The Role We are hiring a Principal Underwriter, AI Strategy & Systems to serve as the domain expert behind our AI underwriting platform. This is not a traditional underwriting desk. You are the ...
Underwriter
New York, NY · On-site
The Underwriter will be responsible for continued development and growth of the Wrap-Up book of business within Primary Construction. Senior Underwriter will be responsible for all aspects of ...
Underwriter
New York, NY · On-site
The Underwriter will be responsible for continued development and growth of the Wrap-Up book of business within Primary Construction. Senior Underwriter will be responsible for all aspects of ...
Principal Underwriter
New York, NY · On-site
The Role We are hiring a Principal Underwriter, AI Strategy & Systems to serve as the domain expert behind our AI underwriting platform. This is not a traditional underwriting desk. You are the ...
Principal Underwriter
New York, NY · On-site
The Role We are hiring a Principal Underwriter, AI Strategy & Systems to serve as the domain expert behind our AI underwriting platform. This is not a traditional underwriting desk. You are the ...
Captives Underwriter
New York, NY · Hybrid
$124K - $199.80K/yr
Senior Executive Underwriter - UW07CCExecutive Underwriter - UW07CD We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies.
Captives Underwriter
New York, NY · Hybrid
$124K - $199.80K/yr
Senior Executive Underwriter - UW07CCExecutive Underwriter - UW07CD We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies.
Underwriter
New York, NY · On-site
Underwriter Type of Hire: Full Time Education Desired: High school diploma or equivalent. 2+ Years previous underwriting experience Travel: NONE Responsible for reviewing applications for merchant ...
Underwriter
New York, NY · On-site
Underwriter Type of Hire: Full Time Education Desired: High school diploma or equivalent. 2+ Years previous underwriting experience Travel: NONE Responsible for reviewing applications for merchant ...
Underwriter
Greenwich, CT · On-site
Requirements Underwriter is responsible to review merchant accounts, analyze merchant financial and activity risk, ensure compliance with law and association rules, and other operational duties in ...
Underwriter
Greenwich, CT · On-site
Requirements Underwriter is responsible to review merchant accounts, analyze merchant financial and activity risk, ensure compliance with law and association rules, and other operational duties in ...
Underwriter/Sr. Underwriter, Excess Casualty
New York, NY · On-site
$85K - $135K/yr
... underwriting discipline/guidelines, marketing and assisting in the servicing of existing and potential wholesale clients. Job Duties and Responsibilities: • Execute the business plan for the ...
Underwriter/Sr. Underwriter, Excess Casualty
New York, NY · On-site
$85K - $135K/yr
... underwriting discipline/guidelines, marketing and assisting in the servicing of existing and potential wholesale clients. Job Duties and Responsibilities: • Execute the business plan for the ...
Underwriter Trainee
$54.60K - $95.50K/yr
The Underwriter Trainee Program offers a rare opportunity for individuals to receive intensive, hands-on training from expert professionals that can be directly transferred to the field. Underwriters ...
Underwriter Trainee
$54.60K - $95.50K/yr
The Underwriter Trainee Program offers a rare opportunity for individuals to receive intensive, hands-on training from expert professionals that can be directly transferred to the field. Underwriters ...
Underwriter Trainee
Manhattan, NY · On-site
$54.60K - $95.50K/yr
The Underwriter Trainee Program offers a rare opportunity for individuals to receive intensive, hands-on training from expert professionals that can be directly transferred to the field. Underwriters ...
Underwriter Trainee
Manhattan, NY · On-site
$54.60K - $95.50K/yr
The Underwriter Trainee Program offers a rare opportunity for individuals to receive intensive, hands-on training from expert professionals that can be directly transferred to the field. Underwriters ...
Underwrite EmblemHealth's existing and new business accounts, including Broker Accounts within published time frames. * Process sold new business groups. * Develop and maintain good working ...
Underwrite EmblemHealth's existing and new business accounts, including Broker Accounts within published time frames. * Process sold new business groups. * Develop and maintain good working ...
Associate Underwriter
New York, NY · On-site
$48.60K - $83.16K/yr
Underwrite EmblemHealth's existing and new business accounts, including Broker Accounts within published time frames. * Process sold new business groups. * Develop and maintain good working ...
Associate Underwriter
New York, NY · On-site
$48.60K - $83.16K/yr
Underwrite EmblemHealth's existing and new business accounts, including Broker Accounts within published time frames. * Process sold new business groups. * Develop and maintain good working ...
Underwriter, Entertainment
New York, NY · On-site
$80.40K - $121K/yr
The Entertainment Underwriter has responsibility for new and renewal business for his/her own book of business based in New York City The position will be responsible for driving profitable growth ...
Underwriter, Entertainment
New York, NY · On-site
$80.40K - $121K/yr
The Entertainment Underwriter has responsibility for new and renewal business for his/her own book of business based in New York City The position will be responsible for driving profitable growth ...
Associate Underwriter
New York, NY · On-site
Underwrite EmblemHealth's existing and new business accounts, including Broker Accounts within published time frames. * Process sold new business groups. * Develop and maintain good working ...
Associate Underwriter
New York, NY · On-site
Underwrite EmblemHealth's existing and new business accounts, including Broker Accounts within published time frames. * Process sold new business groups. * Develop and maintain good working ...
Tax Underwriter
New York, NY · On-site
We're looking for a talented Tax Underwriter to join our awardwinning Transaction Liability team. In this role, you'll underwrite a broad range of transaction liability products, with a strong focus ...
Tax Underwriter
New York, NY · On-site
We're looking for a talented Tax Underwriter to join our awardwinning Transaction Liability team. In this role, you'll underwrite a broad range of transaction liability products, with a strong focus ...
Construction Underwriter
$135K - $150K/yr
This underwriter role is focused on the construction business. Responsible for underwriting, and servicing profitable builders risk business through relationships with construction brokers. Essential ...
Construction Underwriter
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This underwriter role is focused on the construction business. Responsible for underwriting, and servicing profitable builders risk business through relationships with construction brokers. Essential ...
Tax Underwriter
New York, NY · On-site
$140K - $180K/yr
Tax Underwriter Department: Transaction Liability Employment Type: Permanent - Full Time Location: US - New York Reporting To: Courtney Alonzo Compensation: $140,000 - $180,000 / year Description We ...
Tax Underwriter
New York, NY · On-site
$140K - $180K/yr
Tax Underwriter Department: Transaction Liability Employment Type: Permanent - Full Time Location: US - New York Reporting To: Courtney Alonzo Compensation: $140,000 - $180,000 / year Description We ...
Experienced MCA Underwriter
New York, NY · On-site
Our underwriting team makes real decisions that directly impact portfolio performance and capital deployment. The ideal candidate has substantial experience underwriting MCA transactions across all ...
Experienced MCA Underwriter
New York, NY · On-site
Our underwriting team makes real decisions that directly impact portfolio performance and capital deployment. The ideal candidate has substantial experience underwriting MCA transactions across all ...
Our underwriting team makes real decisions that directly impact portfolio performance and capital deployment. The ideal candidate has substantial experience underwriting MCA transactions across all ...
Our underwriting team makes real decisions that directly impact portfolio performance and capital deployment. The ideal candidate has substantial experience underwriting MCA transactions across all ...
Underwriter information
See Spring Valley, NY salary details
$32.9K - $42.8K
5% of jobs
$42.8K - $52.6K
9% of jobs
$61.4K is the 25th percentile. Wages below this are outliers.
$52.6K - $62.5K
12% of jobs
$62.5K - $72.4K
20% of jobs
The median wage is $75.5K / yr.
$72.4K - $82.2K
12% of jobs
$88.9K is the 75th percentile. Wages above this are outliers.
$82.2K - $92.1K
25% of jobs
$92.1K - $101.9K
7% of jobs
$101.9K - $111.8K
3% of jobs
$111.8K - $121.6K
2% of jobs
$121.6K - $131.5K
2% of jobs
$131.5K - $141.4K
2% of jobs
$32.9K
$79.9K
$141.4K
How much do underwriter jobs pay per year?
What Do Underwriters Do?
The most common underwriters work for insurance companies or financial institutions to evaluate financial risk for insurance policies or loans. They review applications and paperwork and can approve or deny the request based on a set of three criteria--credit reputation, capacity to repay the loan, and collateral value. Underwriters check the applicant’s credit report and credit history, weight their annual salary with the cost of the loan or policy, and determine the loan-to-value ratio. Using these factors, they may approve the application, suspend it until further stipulations are met, or deny it.
Other kinds of underwriters include equity underwriters who administer the distribution of securities, and debt securities underwriters who buy government bonds and other debt securities and sell them for a profit.
What are the key skills and qualifications needed to thrive as an Underwriter, and why are they important?
What are some common challenges faced by underwriters in balancing risk assessment and business goals?
What does an underwriter do?
What is the difference between Underwriter vs Actuary?
| Aspect | Underwriter | Actuary |
|---|---|---|
| Required Credentials | Insurance license, sometimes certifications like CPCU | Fellowship in SOA or CAS, actuarial exams |
| Work Environment | Insurance companies, underwriting departments | Consulting firms, insurance companies, financial institutions |
| Industry Usage | Common in insurance, banking | Primarily in insurance, pensions, finance |
| Job Focus | Assessing risk for policy approval | Analyzing statistical data to predict future risks |
While both underwriters and actuaries work in the insurance industry assessing risk, underwriters focus on evaluating individual insurance applications and approving policies. Actuaries analyze large data sets to forecast future risks and set premium rates. Their roles complement each other but require different certifications and skill sets.

Chubb rating
8.1
Based on 63 frontline employees who took The Breakroom Quiz
131st of 258 rated insurance
Job description
The Underwriter's primary responsibility is to underwrite individual risks through a demonstration of the following skills and abilities:
- Fundamentals of coverage, terms and conditions. Ability to offer coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer.
- Risk Assessment. Ability to identify risk exposures, special or common hazards, and appropriate controls. Ability to select risk based on exposure and risk analysis. Ability to analyze claims and quantify losses.
- Financial proficiency. Understanding of financial statements and ratios used in risk analysis. Understanding of insurance financial fundamentals; impact of underwriting decisions on company assets. Ability to understand credit risk.
- Actuarial fundamentals. Ability to understand loss trends, loss triangles, and ratemaking. Ability to quantify risk based on experience history and forecasting methods.
- Marketing and Communications. Ability to sell and negotiate to achieve bottom line profitability for the Company. Ability to make presentations and communicate articulately. Ability to base communications on strategic thinking. Ability to manage producer strategy.
- Systems and programs. Ability to use systems and software programs needed to conduct daily business.
MAJOR DUTIES & RESPONSIBILITIES:
Duties may include but are not limited to:
- Solicits new and renewal submissions from brokers
- Determines terms and conditions and complex rating plans
- Binds coverage
- Documents the underwriting files
- Handles more complex files and portfolios within underwriting authority
DESIRED QUALIFICATIONS
- Knowledge of insurance industry
- Knowledge of underwriting concepts, practices, and procedures
- Microsoft Word, Excel, and Outlook
- Internet usage
- Oral and written communication skills
- Negotiation & marketing skills
- 3 plus years of Underwriting experience preferred
- Bachelor's degree preferred
The pay range for the role is $78,000 to $114,00. 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 at https://careers.chubb.com/global/en/north-america. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.
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