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Underwriting Associate Jobs in Streamwood, IL (NOW HIRING)

Prime Insurance Company

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Insurance Underwriting Associate

Chicago, IL · On-site

$45K - $250K/yr

It operates as a training program to learn the company's underwriting methodology and may provide an opportunity to become a full underwriter after a training period to be determined on a case-by ...

Robinhood

Senior Underwriting Associate

Chicago, IL · On-site

$149K - $175K/yr

Robinhood is building out its firm-commitment underwriting capability to manage and co-manage IPOs and follow-on equity offerings, while continuing to operate an established distribution channel that ...

CNA

Underwriting Associate (Technology P&C)

Chicago, IL · On-site

$70 - $90/hr

Performs underwriting analysis and documentation to determine acceptability of risk in accordance with company guidelines and standards for renewal and new business within assigned Letter of ...

New

CNA

Underwriting Associate (Technology P&C)

Chicago, IL · On-site

$47K - $78K/yr

Under broad supervision, responsible for underwriting risk for the underwriting lifecycle from submission through policy issuance, for both renewal and new business within limited authority.

New

Cna

Underwriting Associate (Technology P&C)

Chicago, IL · Hybrid

$47K - $78K/yr

Under broad supervision, responsible for underwriting risk for the underwriting lifecycle from submission through policy issuance, for both renewal and new business within limited authority.

New

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Underwriting Associate information

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How much do underwriting associate jobs pay per hour?

As of Sep 4, 2026, the average hourly pay for underwriting associate in Streamwood, IL is $18.78, according to ZipRecruiter salary data. Most workers in this role earn between $14.95 and $19.95 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.

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.

Is underwriting a hard career?

Underwriting is a detail-oriented role that requires strong analytical skills, attention to detail, and knowledge of insurance or financial products. It can be challenging due to the need to assess risk accurately and make decisions under pressure, but it also offers opportunities for professional growth and specialization.

Is underwriting an entry level position?

Underwriting associate positions are often entry-level roles that require basic knowledge of insurance or finance, strong analytical skills, and attention to detail. Many employers provide on-the-job training, and some roles may prefer candidates with a relevant degree or certification, such as the Chartered Insurance Professional (CIP).

What cities near Streamwood, IL are hiring for Underwriting Associate jobs?

Cities near Streamwood, IL with the most Underwriting Associate job openings:

Underwriting Associate jobs near you
Infographic showing various Underwriting Associate job openings in Streamwood, IL as of August 2026, with employment types broken down into 1% As Needed, 68% Full Time, 28% Part Time, 2% Temporary, and 1% Contract. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $39,070 per year, or $18.8 per hour.

Dynamic Underwriting Associate Pricing & Risk Hub

01460 Continental Casualty Company

Chicago, IL • On-site

Full-time

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

Job description

CNA is seeking an Underwriting Associate to handle a high-volume portfolio within limited authority, applying sound underwriting judgment and coordinating with the Underwriting Hub. The role supports accurate documentation, pricing execution, and proactive client service to deepen agent and broker engagement and drive new business growth. Responsibilities include analyzing risk, handling endorsements, renewals, and pricing strategies, while maintaining file quality and compliance across CNA

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