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Underwriting Assistant Jobs in Springfield, IL (NOW HIRING)

Big I Illinois

Personal Lines Account Manager

Springfield, IL · On-site

$44K - $60K/yr

... underwriting and marketing information files for use by producers and clients. May sell existing ... assist producers in answering questions about policy applications and likelihood of acceptance. 4. ...

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Underwriting Assistant information

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$13

$22

$32

How much do underwriting assistant jobs pay per hour?

As of Aug 29, 2026, the average hourly pay for underwriting assistant in Springfield, IL is $22.55, according to ZipRecruiter salary data. Most workers in this role earn between $18.61 and $25.48 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.

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 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.

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.

How much do underwriting assistants earn?

Underwriting assistants typically earn between $40,000 and $60,000 annually, depending on experience, location, and the employer. Entry-level positions may start lower, while experienced assistants or those with specialized skills can earn higher salaries. Compensation often includes benefits such as health insurance and retirement plans.

Is an underwriting assistant a good job?

An underwriting assistant plays a key role in insurance companies by supporting underwriters with data analysis, document review, and policy processing. The job typically requires attention to detail, strong organizational skills, and familiarity with insurance software. It can offer stable employment and opportunities for career advancement in the insurance industry.

Is underwriting a tough job?

Underwriting is a detail-oriented role that involves assessing risks and making decisions based on financial and personal information. It can be challenging due to the need for accuracy, compliance with regulations, and sometimes tight deadlines, but it also offers opportunities for skill development and career growth.
More about Underwriting Assistant jobs

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Cities near Springfield, IL with the most Underwriting Assistant job openings:

Underwriting Assistant jobs near you
Infographic showing various Underwriting Assistant job openings in Springfield, IL as of August 2026, with employment types broken down into 1% As Needed, 70% Full Time, 26% Part Time, 1% Temporary, and 2% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $46,903 per year, or $22.5 per hour.

Lead Equipment Breakdown Underwriter | Complex Risk Expert

01460 Continental Casualty Company

Springfield, IL • On-site

$115K/yr

Full-time

This job post has expired today. Applications are no longer accepted.

Job description

Continental Casualty Company is seeking an Underwriting Specialist for National Accounts Property Equipment Breakdown. You will underwrite highly complex risks, set pricing and policy strategy, and mentor junior underwriters while building strong broker relationships nationwide. The role emphasizes new business for complex equipment breakdown accounts and requires leadership, advanced analytical skills, and knowledge of insurance regulations. A bachelor's degree is required. #J-18808-Ljbffr

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