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

Associate Underwriter Earthquake

Chicago, IL ยท On-site +1

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

At DUAL, Associate Underwriters play a key supportive role through the risk underwriting process ... Demonstrate basic understanding of technical underwriting principles and risk underwriting ...

Associate Underwriter Earthquake

Chicago, IL ยท On-site +1

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

At DUAL, Associate Underwriters play a key supportive role through the risk underwriting process ... Demonstrate basic understanding of technical underwriting principles and risk underwriting ...

Showing results 41-60

Underwriting Associate information

See Park Ridge, IL salary details

$9

$18

$31

How much do underwriting associate jobs pay per hour?

As of Aug 12, 2026, the average hourly pay for underwriting associate in Park Ridge, IL is $18.71, according to ZipRecruiter salary data. Most workers in this role earn between $14.90 and $19.86 per hour, depending on experience, location, and employer.

What is an underwriting associate?

Underwriting associates are entry- to mid-level professionals who support underwriters in evaluating and processing insurance applications or loan requests. They assist in gathering and reviewing applicant information, assessing risk factors, and preparing documentation necessary for decision-making. Their work ensures that underwriters have accurate data to determine whether to approve or deny coverage or loans, and under what terms. Underwriting associates often interact with agents, clients, and other departments to facilitate a smooth underwriting process.

Can I become an underwriting associate with no experience?

Underwriting associates typically need some knowledge of insurance policies, risk assessment, and data analysis, but entry-level positions may be available for candidates with strong analytical skills and a willingness to learn. Many employers provide on-the-job training, and relevant certifications or coursework can improve chances of starting in this role without prior experience.

Do underwriting associates earn good money?

Underwriting associates typically earn a competitive salary that varies based on experience, location, and industry. Entry-level positions may start with moderate pay, while experienced associates with specialized skills can earn higher wages, often supplemented by benefits and bonuses. Overall, it is considered a stable and well-paying role within the insurance and finance sectors.

What are the key skills and qualifications needed to thrive as an underwriting associate?

To thrive as an Underwriting Associate, you need a strong understanding of risk assessment, analytical skills, and knowledge of insurance principles, often supported by a bachelor's degree in finance, business, or a related field. Familiarity with underwriting software, data analysis tools, and sometimes certifications such as CPCU or AU is highly valuable. Attention to detail, effective communication, and organizational skills help you excel in evaluating applications and collaborating with clients and colleagues. These skills ensure accurate risk evaluation, efficient workflow, and compliance with industry standards, leading to sound business decisions and customer satisfaction.

What are some common challenges underwriting associates face when balancing risk assessment with client expectations?

Underwriting Associates often need to carefully evaluate the risk profile of applicants while also considering the business objectives and maintaining positive relationships with clients or brokers. A common challenge is ensuring thorough risk analysis under tight deadlines, especially when clients expect quick decisions. Balancing the need for accuracy and compliance with internal policies, while also providing responsive service, requires strong organizational and communication skills. Collaborating closely with senior underwriters and other departments can help manage these challenges and ensure informed, fair decisions.
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 cities near Park Ridge, IL are hiring for Underwriting Associate jobs? Cities near Park Ridge, IL with the most Underwriting Associate job openings:
Infographic showing various Underwriting Associate job openings in Park Ridge, IL as of August 2026, with employment types broken down into 1% As Needed, 70% Full Time, 27% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $38,917 per year, or $18.7 per hour.

Underwriting/Operations Assistant - Commercial Property

RLI Corp.

Chicago, IL โ€ข Hybrid

$22.01 - $29.29/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 29 days ago


Job description

About UsWe're not like other insurance companies. From our specialty products to our business model, our culture to our results -we're different.Different is who we are, and how we work, interact, deliver and succeed together.Creating a different and better insurance experience doesn't just happen. It takes focus and a shared passion for going beyond the expected to forge relationships and deliver care that makes a difference. This approach rises from and is supported by our talented, ethical and smart team of employee owners united around a single purpose: to work alongside our customers and partners when they need us, in unexpected ways, with exceptional results. Apply today to make a difference with us.RLI is a Glassdoor Best Places to Work company with a strong, successful background. For decades, our financial track record has been stellar - a testament to our culture and validation of our reputation as an excellent underwriting company.Position PurposeSupport Commercial Property underwriting by creating policy documents, ensure compliance with regulatory requirements, order inspections and premium audits, maintain electronic underwriting files, solicit renewal transactions, provide basic operational support for the product line's underwriters. Review insurance certificates, resolving discrepancies with reinsurers, providing operations, production, and underwriting reports, working with producers, audit work of others, given authority in some cases on behalf of Underwriting.Principal Duties & Responsibilities
  • Create policy documents which represent the insurance transaction bound by the underwriter.
  • Ensure the statistical coding and policy issuance complies with regulatory requirements for each insurance transaction.
  • Order inspections, premium audits, and loss runs as required.
  • Maintain electronic underwriting file.
  • Solicit renewal transactions.
  • As necessary, re-format data for import into front end system.
  • Provide basic operational support for the product line's underwriters.
  • As requested by underwriters, develop underwriting information from the internet and other data sources.
  • Review facultative insurance certificates to ensure the terms identified by the reinsurer are consistent with terms expected by underwriter.
  • Resolve accounting discrepancies with facultative reinsurers.
  • Provide operational, production, and underwriting reports to underwriting staff as requested, utilizing front-end systems and/or Business Objects.
  • Contact producers to determine appropriate courses of action.
  • Assist with User Acceptance Testing of systematic changes.
  • Audit the work of others.
  • May be given authority to review/approve endorsements, review/analyze risks, review terms and conditions of underlying policies, review inspections of risks, each of which would be on behalf of Underwriting.
Education & Experience
  • Typically requires a high school diploma; Associates degree preferred
  • 2+ years of related experience for consideration
  • [OR] equivalent level of education and experience
  • Experience in commercial property insurance preferred
Knowledge, Skills, & Competencies
  • Ability to follow operations procedures as outlined by supervisor/manager.
  • Ability to meet processing deadlines with minimal error.
  • Ability to manage a variety of projects, both long- and short-term simultaneously.
  • Ability to use database software including Windows operating systems, computer network environment and printers to process insurance policy changes.
  • Accurate data entry.
  • Superior Excel skills to peer review formulas, formatting, and data cleansing of large spreadsheets.
Compensation OverviewThe base salary range for the position is listed below. Please note that the base salary is only one component of our robust total rewards package at RLI. The salary offered will take into account a number of factors including, but not limited to, geographic location, experience, scope & responsibilities of the role, qualifications/credentials, talent availability & specialization, as well as business needs. The below range may be modified in the future. Base Pay Range$22.01 - $29.29Total RewardsAt RLI, we're all owners. We hire the best and the brightest employees and allow them to share in the company's success through our Total Rewards. With the Employee Stock Ownership plan at its core, the Total Rewards program includes all compensation, benefits and perks that come with being an RLI employee.Financial Incentives
  • Annual bonus plans
  • Employee stock ownership plan (ESOP)
  • 401(k) - automatic 3% company contribution
  • Annual 401k and ESOP profit-sharing contributions (Up to 15% of eligible earnings)
Work & Life
  • Paid time off (PTO) and holidays
  • Paid volunteer time off (VTO) to support our communities
  • Parental and family care leave
  • Flexible & hybrid work arrangements
  • Fitness center discounts and free virtual fitness platform
  • Employee assistance program
Health & Wellness
  • Comprehensive medical, dental and vision benefits
  • Flexible spending and health savings accounts
  • 2x base salary for group life and AD&D insurance
  • Voluntary life, critical illness, & accident insurance for purchase
  • Short-term and long-term disability benefits
Personal & Professional GrowthRLI encourages its employees to pursue professional development work in insurance and job-related areas. We make a commitment to employees to provide educational opportunities that help them enhance their skills and further their career advancement. RLI fosters a true learning culture and encourages professional growth through insurance courses, in-house training and other educational programs. RLI covers the cost for most programs and employees typically earn a bonus upon successful completion of approved courses and certifications. Our personal and professional growth benefits include:
  • Training & certification opportunities
  • Tuition reimbursement
  • Education bonuses
Diversity & InclusionOur goal is to attract, develop and retain the best employee talent from diverse backgrounds while promoting an environment where all viewpoints are valued and individuals feel respected, are treated fairly, and have an opportunity to excel in their chosen careers. We actively support, and participate in, initiatives led by the American Property Casualty Insurance Association that aim to increase diversity in the insurance industry. Cultivating an exceptional and diverse workforce to deliver excellent customer service reinforces our culture and is a key to achieving superior business results.RLI is an equal opportunity employer and does not discriminate in hiring or employment on the basis of race, color, religion, national origin, citizenship, gender, marital status, sexual orientation, age, disability, veteran status, or any other characteristic protected by federal, state, or local law.

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About RLI

Sourced by ZipRecruiter

Industry

Insurance services

Company size

1,001 - 5,000 Employees

Headquarters location

Peoria, IL, US

Year founded

1965