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Underwriter Jobs in Springfield, MA (NOW HIRING)

Captives Underwriter

Hartford, CT · Hybrid

$124K - $199K/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.

Public Entity Underwriter We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our ...

Public Entity Underwriter We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our ...

Insurance Underwriter

Springfield, MA · On-site +1

$100K - $300K/yr

Specialty Pollution Underwriter - Springfield, MA Insurance Underwriter Specialty Program Excess Surplus Commercial Lines Program Underwriter Pollution Environmental Contractors_ . REMOTE WORK FROM ...

New

Insurance Underwriter

Springfield, MA · On-site +1

$100K - $300K/yr

Specialty Pollution Underwriter - Springfield, MA Insurance Underwriter Specialty Program Excess Surplus Commercial Lines Program Underwriter Pollution Environmental Contractors_ . REMOTE WORK FROM ...

New

Review, analyze, underwrite, and negotiate coverage for new and renewal business accounts nationally. In addition to underwriting skills, ideal candidates will have success in initiating, developing ...

Review, analyze, underwrite, and negotiate coverage for new and renewal business accounts nationally. In addition to underwriting skills, ideal candidates will have success in initiating, developing ...

Prudential has been underwriting group insurance plans since 1916. Today, our Group Insurance business unit is the nation's second largest group life carrier and a leading disability carrier, proudly ...

New

As a Production Underwriter, you are decisive, detail-oriented and know how to build relationships internally and externally to drive results. The Production Underwriter is responsible for ...

As Team Lead-Executive Underwriter, you'll play a pivotal role in shaping strategies, driving profitable growth, and mentoring underwriting talent. The Chubb office location for this position is ...

Senior Portfolio Underwriter

Hartford, CT · On-site

$99K - $117K/yr

The Senior Portfolio Underwriter at HSB holds the paramount responsibility for managing, monitoring, expanding, and optimizing the portfolio products for the company's largest and most critical ...

Senior Portfolio Underwriter

Hartford, CT · On-site

$99K - $117K/yr

The Senior Portfolio Underwriter at HSB holds the paramount responsibility for managing, monitoring, expanding, and optimizing the portfolio products for the company's largest and most critical ...

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Underwriter information

See Springfield, MA salary details

$32.4K

$78.6K

$139K

How much do underwriter jobs pay per year?

As of Jun 10, 2026, the average yearly pay for underwriter in Springfield, MA is $78,602.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,800.00 and $86,700.00 per year, depending on experience, location, and employer.

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 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 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 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 are the most commonly searched types of Underwriter jobs in Springfield, MA? The most popular types of Underwriter jobs in Springfield, MA are:
What are popular job titles related to Underwriter jobs in Springfield, MA? For Underwriter jobs in Springfield, MA, the most frequently searched job titles are:
What cities near Springfield, MA are hiring for Underwriter jobs? Cities near Springfield, MA with the most Underwriter job openings:
Infographic showing various Underwriter job openings in Springfield, MA as of June 2026, with employment types broken down into 91% Full Time, 6% Part Time, and 3% Contract. Highlights an 78% In-person, 3% Hybrid, and 19% Remote job distribution, with an average salary of $78,602 per year, or $37.8 per hour.
Captives Underwriter

Captives Underwriter

The Hartford

Hartford, CT • Hybrid

$124K - $199K/yr

Full-time

Posted 23 days ago


The Hartford rating

8.8

Company rating: 8.8 out of 10

Based on 103 frontline employees who took The Breakroom Quiz

53rd of 260 rated insurance


Job description

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. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.

UPDATED 5/19/2026: Clinton, NY office has been added as a location

This position is responsible for the successful program management of assigned Captive programs. The Captives Underwriter will develop and maintain effective relationships with internal and external partners to foster positive program results.

You will have responsibility for underwriting workers compensation, general liability and commercial auto for Captive programs. The Captives Underwriter's major purpose is to profitably grow their assigned Captive Programs and achieve underwriting excellence.

The Captives Underwriter does not have any direct reports but is the client manager and is responsible for influencing internal and external partners to achieve positive program results.

Attendance at Board meetings and client seminars with some international travel possible (10% - 25%).

Responsibilities:

Technical Underwriting and Risk Selection

  • Rigorously analyzes underwriting information in assessing risk for each account.

  • Is creative in the use of underwriting tools and techniques to write profitable business while maintaining disciplined adherence to underwriting standards.

  • Is able to communicate rationale for underwriting decisions.

  • Exhibits a commitment to finding ways to write business without sacrificing quality.

Program Management

  • Participation in all aspects of program management such as actuarial pricing, claim or TPA oversight, reinsurance accounting and collateral management.

  • Possesses a deep understanding of the business.

  • Demonstrated responsiveness and dedication to customers and follow through on service commitments

  • Manage program to achieve underwriting excellence, pricing adequacy and targeted ROE's.

Production Underwriting and Sales

  • Exhibits a commitment to finding ways to write profitable new business.

  • Takes ownership and accountability for growth of assigned Captive Programs.

  • Leverages relationships to drive new business and renewal retention opportunities.

Relationship and Team skills

  • Demonstrates excellent working relationships with all internal business associates leading to a high level of customer satisfaction.

  • Builds strong relationships with Captive customers and Captive Managers.

  • Closely manages results and implements specific actions to address shortfalls.

Qualifications:

  • Bachelor's Degree preferred, or equivalent combination of education, training and experience

  • 5 + years of Auto Liability, Workers' Compensation, and General Liability underwriting experience; loss sensitive underwriting experience preferred.

  • Construction underwriting experience desirable

  • Experience with Captive insurance programs is desirable

  • Strong Excel and Math skills

  • Strong loss responsive or captive program and pricing knowledge

  • Strong coverage knowledge

  • Superior relationship building skills including influencing and negotiation skills

  • Robust problem solving and critical thinking skills

  • Outstanding at providing Customer Service

  • Ability to travel approximately 10% - 25%

***Job title level will be determined after careful consideration of the selected candidate's qualifications***

Location:

This role will have a Hybrid Work arrangement, with the expectation of working in one of the listed office locations three days a week (Tuesday through Thursday).

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$124,000 - $199,800

The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.

Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

About Us|Our Culture | What It's Like to Work Here | Perks & Benefits


What The Hartford employees say

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About Hartford

Sourced by ZipRecruiter

Hartford Financial Services Group, widely recognized as The Hartford, is a renowned company based in Hartford, CT, US. Established in 1810, it has evolved into an industry leader in the insurance and financial services sector, proudly serving more than one million businesses in the US. The Hartford is committed to offering a gamut of insurance products that include homeowners, automobile, and business insurance as well as employee benefits and mutual funds. The company’s core values revolve around customer-focused innovations, diversity and inclusion, and ethical dealings that have earned them a customer-centric reputation. This shapes their mission which revolves around aiding their clients to overcome unforeseen obstacles and enhancing their wealth over time. Among the company's noted accomplishments is being consistently listed among the World's Most Ethical Companies, a testament to their unwavering commitment towards responsible business practices.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Hartford, CT, US

Year founded

1810

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