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Underwriter Jobs in Spring Valley, NY (NOW HIRING)

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 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 ...

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 ...

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.

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 ...

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 ...

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 ...

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 ...

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

$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 ...

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Underwriter information

See Spring Valley, NY salary details

$32.9K

$79.9K

$141.4K

How much do underwriter jobs pay per year?

As of May 28, 2026, the average yearly pay for underwriter in Spring Valley, NY is $79,929.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,800.00 and $88,200.00 per year, depending on experience, location, and employer.

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?

To thrive as an Underwriter, you need strong analytical skills, attention to detail, and a background in finance, business, or a related field, often supported by a bachelor's degree. Proficiency with underwriting software, risk assessment tools, and industry certifications such as CPCU or ARM is highly valued. Excellent decision-making, negotiation, and communication skills help underwriters effectively assess risk and interact with clients or agents. These skills are essential for accurately evaluating applications, minimizing financial risk, and supporting organizational profitability.

What are some common challenges faced by underwriters in balancing risk assessment and business goals?

Underwriters often face the challenge of thoroughly assessing risk while also supporting their company's business objectives, such as meeting production goals or maintaining client relationships. This requires a careful analysis of data, attention to detail, and effective communication with agents or brokers to clarify information and negotiate terms. Balancing these priorities can be demanding, but successful underwriters develop strong analytical skills and the ability to make judicious decisions under time constraints. Collaboration with other departments, such as claims and sales, is also key to ensuring both risk management and business targets are achieved.

What does an underwriter do?

An underwriter evaluates the risk of insuring a person, property, or company and decides whether to provide insurance or a loan, and at what terms. They analyze applications, review financial and background information, and use statistical data to determine the likelihood of a loss. Underwriters play a key role in banking, insurance, and mortgage industries, ensuring that risks are carefully assessed to protect their organization from potential losses.

What is the difference between Underwriter vs Actuary?

AspectUnderwriterActuary
Required CredentialsInsurance license, sometimes certifications like CPCUFellowship in SOA or CAS, actuarial exams
Work EnvironmentInsurance companies, underwriting departmentsConsulting firms, insurance companies, financial institutions
Industry UsageCommon in insurance, bankingPrimarily in insurance, pensions, finance
Job FocusAssessing risk for policy approvalAnalyzing 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.

What cities near Spring Valley, NY are hiring for Underwriter jobs? Cities near Spring Valley, NY with the most Underwriter job openings:
Infographic showing various Underwriter job openings in Spring Valley, NY as of May 2026, with employment types broken down into 90% Full Time, 7% Part Time, and 3% Contract. Highlights an 79% Physical, 7% Hybrid, and 14% Remote job distribution, with an average salary of $79,929 per year, or $38.4 per hour.
Underwriter

Full-time

Posted 5 days ago


Chubb rating

8.1

Company rating: 8.1 out of 10

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
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.

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. 


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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