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Underwriting Assistant Jobs in Park Ridge, IL (NOW HIRING)

Senior Underwriting Assistant This position is part of the UW support career progression and may report to a Senior Specialist, UW Support, Team Leader, or to an Team Manager, Underwriting Support.

Senior Underwriting Assistant

Chicago, IL · On-site

  • Medical

  • Retirement

Senior Underwriting Assistant The Senior Underwriting Assistant provides dedicated support to the underwriting team within the Primary Casualty portfolio, enabling prudent risk selection and ...

Senior Underwriting Assistant

Chicago, IL · On-site

  • Medical

  • Retirement

Senior Underwriting Assistant The Senior Underwriting Assistant provides dedicated support to the underwriting team within the Primary Casualty portfolio, enabling prudent risk selection and ...

The Senior Underwriting Assistant is an individual contributor within the Underwriting Support Unit of the unit's field operations. This role assists the underwriters by screening risk offerings and ...

At CNA, we strive to create a culture in which people know they matter and are part of something ... Partnering with Underwriters on all aspects of the Underwriting function including: providing the ...

At CNA, we strive to create a culture in which people know they matter and are part of something ... Partnering with Underwriters on all aspects of the Underwriting function including: providing the ...

At CNA, we strive to create a culture in which people know they matter and are part of something ... Partnering with Underwriters on all aspects of the Underwriting function including: providing the ...

Underwriting Assistant

Chicago, IL · On-site

$20 - $27.50/hr

Responsibilities include but are not limited to: * Monitors the financial exception report on a regular basis to track financial statements. Based on findings, creates and provides reports to the CPM ...

Benefits Canada Benefits Underwriting Assistant - Oak Brook, IL Location: Oak Brook, IL Team: Policy Services Job Type: Policy Services & Underwriting Support FT/PT Status: Full Time About Us: At ...

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Underwriting Assistant information

See Park Ridge, IL salary details

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How much do underwriting assistant jobs pay per hour?

As of Aug 12, 2026, the average hourly pay for underwriting assistant in Park Ridge, IL is $22.39, according to ZipRecruiter salary data. Most workers in this role earn between $18.46 and $25.29 per hour, depending on experience, location, and employer.

What is an underwriting assistant?

An underwriting assistant, or underwriting service assistant, helps a lead underwriter to process applications for mortgages, credit, or insurance. Whether you work in the banking or insurance industry, your primary responsibility is to support your company’s underwriters. This includes obtaining relevant documents and client information so that the underwriter can assess their eligibility, and maintaining accurate records on all applicants and approval processes. Since you often work directly under a single underwriter, specific duties vary depending on your supervisors working style. You need an associate degree in finance or economics for a career as an underwriting assistant, but most employers prefer candidates to hold a bachelor’s degree. Organizational and administrative skills are crucial for this field.

Is underwriting a difficult job?

Underwriting is a detail-oriented role that involves assessing risks and making decisions based on financial and personal information. It requires strong analytical skills, attention to detail, and knowledge of industry guidelines, which can make it challenging for some individuals. The job often involves working with specialized software and adhering to strict deadlines.

How much do underwriting assistants earn?

Underwriting assistants typically earn a median annual salary of around $45,000 to $55,000, depending on experience, location, and employer. Entry-level positions may start lower, while experienced assistants with specialized skills or certifications can earn higher wages. Salaries often include benefits such as health insurance and retirement plans.

What are some typical challenges an underwriting assistant might face when supporting multiple underwriters, and how can they manage these effectively?

Underwriting Assistants often juggle supporting several underwriters simultaneously, which can present challenges in prioritizing tasks and managing tight deadlines. Effective communication and strong organizational skills are essential to stay on top of document processing, application reviews, and data entry. Leveraging technology, such as workflow management systems, and proactively clarifying priorities with underwriters can help maintain accuracy and efficiency. Building a collaborative relationship with both underwriters and other support staff also ensures smoother workflow and reduces bottlenecks.

How much do beginner underwriting assistants make?

Beginner underwriting assistants typically earn between $40,000 and $55,000 annually, depending on location, company size, and prior experience. Entry-level roles often require basic knowledge of insurance policies and proficiency with underwriting software.

What is the difference between Underwriting Assistant vs Insurance Underwriter?

AspectUnderwriting AssistantInsurance Underwriter
CredentialsHigh school diploma or equivalent; some roles may require insurance licenses or certificationsBachelor's degree in finance, business, or related field; professional certifications like CPCU are common
Work EnvironmentOffice setting, supporting underwriting teams, handling administrative tasksOffice environment, analyzing risk, making coverage decisions
Job ResponsibilitiesData entry, document review, assisting underwriters, preparing reportsAssessing risk, approving or denying insurance applications, setting premiums

While both roles are integral to the insurance industry, an Underwriting Assistant primarily provides administrative and support functions, whereas an Insurance Underwriter makes critical risk assessments and coverage decisions. The Underwriting Assistant supports the underwriting process, enabling underwriters to focus on evaluating risks and setting policies.

Is an underwriting assistant a good job?

An underwriting assistant plays a key role in supporting underwriters by reviewing applications, gathering documentation, and assessing risk. The position often requires strong attention to detail, communication skills, and familiarity with insurance policies or financial data. It can be a good entry-level role for those interested in insurance or finance careers, with opportunities for advancement and skill development.

What are the key skills and qualifications needed to thrive as an underwriting assistant, and why are they important?

To thrive as an Underwriting Assistant, you need strong organizational abilities, attention to detail, and a foundational understanding of insurance principles, usually supported by a high school diploma or some college coursework. Familiarity with underwriting software, document management systems, and proficiency in Microsoft Office are commonly required. Excellent communication, multitasking, and teamwork skills help you effectively support underwriters and coordinate with clients or brokers. These capabilities are vital for ensuring accurate, efficient processing of insurance applications and contributing to the overall success of the underwriting team.
What are the most commonly searched types of Underwriting jobs in Park Ridge, IL? The most popular types of Underwriting jobs in Park Ridge, IL are:
What are popular job titles related to Underwriting Assistant jobs in Park Ridge, IL? For Underwriting Assistant jobs in Park Ridge, IL, the most frequently searched job titles are:
What job categories do people searching Underwriting Assistant jobs in Park Ridge, IL look for? The top searched job categories for Underwriting Assistant jobs in Park Ridge, IL are:
What cities near Park Ridge, IL are hiring for Underwriting Assistant jobs? Cities near Park Ridge, IL with the most Underwriting Assistant job openings:
Infographic showing various Underwriting Assistant job openings in Park Ridge, IL as of August 2026, with employment types broken down into 1% As Needed, 76% Full Time, 20% Part Time, 1% Temporary, and 2% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $46,567 per year, or $22.4 per hour.

Senior Underwriting Assistant

AIG

Chicago, IL • On-site

$60K - $68K/yr

Other

Posted 14 days ago


AIG rating

8.4

Company rating: 8.4 out of 10

Based on 22 frontline employees who took The Breakroom Quiz

116th of 304 rated insurance


Job description

Senior Underwriting Assistant

This position is part of the UW support career progression and may report to a Senior Specialist, UW Support, Team Leader, or to an Team Manager, Underwriting Support. The Senior Underwriting Assistant is an individual contributor within the Underwriting Support Unit of the unit's field operations. This role assists the underwriters by screening risk offerings and with pre and post-binding processes. The role also performs services including problem-solving or research projects requiring broad insurance and/or procedural knowledge and works under direct supervision. This role will work on our AIG Risk Management business line.

Key responsibilities:

In addition to the traditional UA duties (see description below), this role will:

  • Support regional UA Manager in overseeing all daily business activities and act as the first point of call for all UAs in the region
  • Review new submissions against prescribed criteria to determine if risk qualifies for LOB risk appetite. Triages submission for missing information and follows up with the broker for outstanding items.
  • Performs a comparison of renewal submission information against prior year information and documents differences for underwriting (i.e. – large exposure change, new entities or sold entities, change in operations, significant change in loss history, etc.).
  • Renewals - prior to policy expiration, reviews policies for manuscript endorsements and initiates the manuscript endorsement approval process on behalf of underwriting.
  • Issues policies, endorsements, and cancellations; prepares policy writing instructions and premium billings, and processes individual policy filings.
  • Completes loss rating and develops initial pricing, basic coverage structuring, quotation, and binder packages on behalf of the underwriter.
  • Possess an in-depth understanding of coverages and program structures, as well as internal policy coding systems to ensure account completeness.
  • Designated as the first point of contact for brokers.
  • Assists the underwriter in the preparation of business, and metric reports; assists in the review of procedures to resolve issues.
  • Trains and end provides oversight of less experienced support staff.
  • Participates in projects as required.
  • Establish effective relationships with internal and external customers.
  • Performs quality control of all work returned from Shared Services (i.e. – manual rating, policies, endorsements, etc.).
  • Performs quality control of premium audit statements prior to underwriting review; documents discrepancies and work with the premium auditor for resolution.
  • Performs quality control of adjustments prior to underwriting review; documents discrepancies and works with CS adjustment team for resolution.
  • Attend broker or client meetings as requested by underwriting.

Job Requirements:

  • Knowledge of commercial insurance policy forms and regulatory requirements; Bachelor's degree preferred or equivalent work experience.
  • 3+ years of commercial insurance experience.
  • Prioritizing – able to navigate and switch between multiple proprietary, vendor, web-based, and standard computer systems.
  • Microsoft Office – proficiency in Excel, Word, and Powerpoint
  • Learning Agility – willingness to learn from experiences and new situations.
  • Client Servicing – ability to anticipate client (internal and external) needs and act proactively.
  • Problem Solving – identify problems and solutions matched to the appropriate solutions.
  • Attention to Detail – demonstrate attention to detail to ensure accurate documentation is maintained.
  • Leadership Skills – ability to mentor peers in the team

For positions based in Illinois, the base salary range is $59,000 - $67,500 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. For positions based in New Jersey, the base salary range is $60,000 - $68,500 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we're proud to offer a range of competitive benefits, a summary of which can be viewed here: 2026 Benefits Overview Your actual compensation will be dependent on your skills, experience, and qualifications.


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About AIG

Sourced by ZipRecruiter

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Industry

Insurance services

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1919