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Underwriting Assistant Jobs in Springfield, IL (NOW HIRING)

Insurance Underwriter

Springfield, IL · On-site

$100K - $300K/yr

... underwriting appetite and strategies to agents. • Develop new agency relationships and maintain core group of agents. • Assist management with form development and enhancement. Required: • ...

Insurance Underwriter

Springfield, IL · On-site

$100K - $300K/yr

... underwriting regulations. Offering comprehensive benefits such as 401(k) plans, employee stock purchase plans, exceptional tax qualified medical and dependent care plan, employee assistance program ...

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Underwriting Assistant information

See Springfield, IL salary details

$13

$22

$32

How much do underwriting assistant jobs pay per hour?

As of Aug 7, 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.

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 Springfield, IL? The most popular types of Underwriting jobs in Springfield, IL are:
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What job categories do people searching Underwriting Assistant jobs in Springfield, IL look for? The top searched job categories for Underwriting Assistant jobs in Springfield, IL are:
What cities near Springfield, IL are hiring for Underwriting Assistant jobs? Cities near Springfield, IL with the most Underwriting Assistant job openings:
Infographic showing various Underwriting Assistant job openings in Springfield, IL as of August 2026, with employment types broken down into 89% Full Time, and 11% Contract. Highlights an 88% In-person, 6% Hybrid, and 6% Remote job distribution, with an average salary of $46,903 per year, or $22.5 per hour.

Underwriting Specialist, Equipment Breakdown

01460 Continental Casualty Company

Springfield, IL • On-site

$54K - $103K/yr

Full-time

Posted 8 days ago


Job description

You have a clear vision of where your career can go, and we have the leadership to help you get there. At CNA, we strive to create a culture where people matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. JOB DESCRIPTION Joining the National Accounts Property Equipment Breakdown unit as an Underwriting Specialist, you will be responsible for underwriting risks in a book of business, working within specific limits of authority on assignments requiring significant technical complexity and coordination. You will utilize underwriting policies and guidelines, rating manual rules and insurance laws and regulations. This position will have a heavy emphasis on new business production for highly complex monoline Equipment breakdown accounts. Essential Duties & Responsibilities Work on highly complex underwriting risks employing diagnostic and systematic analysis to assess acceptability. Determine appropriate pricing of complex risks for assigned book of business based on financial and competitive analysis in line with compliance requirements and with little oversight needed from superiors. Make recommendations on underwriting policy and pricing strategy. Analyze quality, quantity, and profitability of highly complex risks underwritten; prepare and present reports to management. Market products and services through agencies or the brokerage community and make field visits. Develop and maintain agency and/or broker relationships with large producers within the assigned territory to achieve positive and profitable outcomes on complex, high‐risk business. Keep current on state/territory issues and regulations, industry activity and trends. Participate in industry trade groups as appropriate. Mentor and guide less experienced underwriters and assist in the development of underwriting training. Utilize advanced functionality in relevant CNA systems to perform day‐to‐day activities. Responsible for special underwriting projects and presentations. Reporting: Relationship Manager or above. Skills, Knowledge and Abilities Advanced technical expertise, underwriting skill and high level of knowledge of insurance and underwriting principles, practices, and procedures. Strong communication, negotiation and presentation skills; ability to effectively interact with all levels of CNA's internal and external business partners. Advanced analytical and problem‐solving skills, with the ability to manage and prioritize multiple projects. Ability to deal with ambiguous situations and issues. Creativity in resolving unique and challenging business problems. Knowledge of Microsoft Office Suite and other business‐related software. Demonstrated leadership skills. Education and Experience Bachelor's degree or equivalent experience. Professional designations preferred. Typically, a minimum of 3+ years underwriting experience in equipment breakdown, preferred, or property. Depending on the applicant's experience and/or qualifications, candidates may be hired into one of two Underwriter positions: Underwriter or Underwriting Specialist. Typically 2+ years of related experience. In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia, California, Colorado, Connecticut, Illinois, Maryland, Massachusetts, New York and Washington, the national base pay range for this job level is $54,000 to $103,000 annually. Salary determinations are based on various factors, including but not limited to relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package for employees and their families. CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact leaveadministration@cna.com. #J-18808-Ljbffr