1

Underwriting Manager Jobs in Normal, IL (NOW HIRING)

... underwriting, agency management, distribution, claims and other processes. - Ensures overall goals for production and underwriting profitability are met by analyzing premium rates, loss experience ...

Product Analyst

Bloomington, IL · On-site

$78K - $108K/yr

... underwriting, agency management, distribution, claims and other processes. - Ensures overall goals for production and underwriting profitability are met by analyzing premium rates, loss experience ...

Insurance Advisor

Normal, IL · On-site

$79K - $99K/yr

Complex Case Management: Serve as the go-to expert for "corner case" scenarios, including high-limit policies, complex multi-policy/multi-state accounts, with unique underwriting challenges.

Insurance Advisor

Normal, IL · On-site

$79K - $99K/yr

Complex Case Management: Serve as the go-to expert for "corner case" scenarios, including high-limit policies, complex multi-policy/multi-state accounts, with unique underwriting challenges.

P/C Senior Actuary

Bloomington, IL · On-site

$110K - $151K/yr

... underwriting, pricing, risk management, carried reserves and/or profitability. May direct simple to complex actuarial projects simultaneously, cross-functionally, as well as aspects of very broad ...

... underwriting, pricing, risk management, carried reserves and/or profitability. May direct simple to complex actuarial projects simultaneously, cross-functionally, as well as aspects of very broad ...

... risk management/control solutions. * Establish and maintain strong and productive professional relationships with insurance carrier marketing, underwriting, and risk control staff, including a ...

... underwriting, fraud, customer experience, and emerging enterprise technologies. Strategic ... Manage competing priorities across research, diligence, reporting, and stakeholder requests while ...

next page

Showing results 1-20

Underwriting Manager information

See Normal, IL salary details

$46.9K

$100.8K

$155K

How much do underwriting manager jobs pay per year?

As of Jun 16, 2026, the average yearly pay for underwriting manager in Normal, IL is $100,780.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,300.00 and $118,300.00 per year, depending on experience, location, and employer.

How much do underwriter managers make?

Underwriting managers typically earn a median annual salary between $80,000 and $130,000, depending on experience, industry, and location. They often oversee underwriting teams, review risk assessments, and require strong analytical and leadership skills. Compensation can also include bonuses and benefits based on performance and company size.

What does an Underwriting Manager do?

An Underwriting Manager oversees a team of underwriters who evaluate and approve insurance applications or loan requests. They are responsible for ensuring that risks are properly assessed and that policies or loans comply with company guidelines and regulations. In addition to supervising staff, they may develop underwriting policies, analyze risk trends, and coordinate with other departments to improve processes. Their role is crucial in balancing risk and profitability for their organization.

What Does a Underwriting Manager Do?

As an underwriting manager, your duties are to oversee the daily operations and administrative tasks of the underwriting department, typically under the supervision of a department head or director. Your responsibilities include helping underwriters review applications, establishing appropriate screening protocols, and developing new methodologies and models to assess the financial risk that your company assumes in the course of its transactions with clients. As the manager, you ensure that your team is meeting its goals and understands the objectives of the office. You may also perform customer service functions on behalf of the department.

How does an Underwriting Manager typically collaborate with other departments within an organization?

An Underwriting Manager frequently works closely with departments such as sales, risk management, and claims to ensure that underwriting guidelines are aligned with business goals and customer needs. They often participate in cross-functional meetings to review large or complex cases, provide guidance on risk appetite, and share insights on market trends. Effective communication and collaboration are essential, as Underwriting Managers must balance risk assessment with the organization's growth objectives while maintaining compliance with regulatory standards.

What is the role of an underwriting manager?

An underwriting manager oversees the evaluation and approval of insurance applications, ensuring risk is appropriately assessed and policies are profitable. They lead underwriting teams, develop guidelines, and collaborate with sales and claims departments to manage risk exposure effectively.

What is the highest salary for underwriters?

The highest salaries for underwriting managers can exceed $150,000 annually, especially in large financial institutions or insurance companies. Senior underwriters with extensive experience and specialized skills, such as risk assessment and use of underwriting software, tend to earn the top compensation levels.

What is the difference between Underwriting Manager vs Underwriter?

AspectUnderwriting ManagerUnderwriter
CredentialsTypically requires a relevant bachelor’s degree and professional certifications like CPCU or ARMOften requires a bachelor’s degree; certifications like CPCU are common but not mandatory
Work EnvironmentManages teams, oversees underwriting policies, and develops strategiesPerforms individual risk assessments and policy approvals
Industry UsageUsed in insurance companies, managing underwriting departmentsUsed across insurance firms, focusing on risk evaluation

In summary, an Underwriting Manager oversees underwriting teams and strategies, while an Underwriter focuses on evaluating individual risks. Both roles require relevant credentials and are integral to insurance operations, but they differ in scope and responsibilities.

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

To thrive as an Underwriting Manager, you need deep knowledge of risk assessment, financial analysis, and insurance products, typically supported by a bachelor’s degree in finance, business, or a related field. Familiarity with underwriting software, risk management platforms, and industry certifications like CPCU or ARM is highly valued. Strong leadership, decision-making, and communication skills help you manage teams and collaborate effectively with clients and stakeholders. These skills are essential for ensuring accurate risk evaluation, regulatory compliance, and profitable business operations.

What are the 3 C's of underwriting?

The 3 C's of underwriting are Character, Capacity, and Collateral. These factors help underwriters assess an applicant's creditworthiness, ability to repay, and the security of the loan or insurance policy. Evaluating these elements ensures sound risk management in the underwriting process.
What are the most commonly searched types of Underwriting jobs in Normal, IL? The most popular types of Underwriting jobs in Normal, IL are:
What are popular job titles related to Underwriting Manager jobs in Normal, IL? For Underwriting Manager jobs in Normal, IL, the most frequently searched job titles are:
What job categories do people searching Underwriting Manager jobs in Normal, IL look for? The top searched job categories for Underwriting Manager jobs in Normal, IL are:
What cities near Normal, IL are hiring for Underwriting Manager jobs? Cities near Normal, IL with the most Underwriting Manager job openings:

Insurance Sales Representative

Ivan Waters American Family Insurance

Morton, IL • On-site

$40K - $60K/yr

Full-time

Life, PTO

Posted 27 days ago


Job description

Are you looking to make a real difference in people's lives while building a rewarding career in sales? Ivan Waters American Family Insurance in Morton, Illinois, is seeking a motivated and friendly Insurance Sales Representative to join our dedicated team. We're more than just an insurance agency; we're a community-focused group committed to helping our neighbors protect what matters most. You'll have the opportunity to connect with individuals and families, understand their unique needs, and offer tailored insurance solutions that provide peace of mind. We believe in nurturing talent and providing a supportive environment where you can grow your skills and your income. If you're passionate about helping others, possess strong communication abilities, and are eager to embark on a fulfilling sales journey right here in Morton, we invite you to explore this exciting opportunity with us!


Benefits

Annual Base Salary + Commission + Bonus Opportunities

Paid Time Off (PTO)

Work from Home

Flexible Schedule

Life Insurance

Mon-Fri Schedule

Career Growth Opportunities

Insurance Licensing Assistance

Hands on Training

Leads Provided

Paid Holidays


Responsibilities
  • Build relationships with prospective clients to understand their insurance needs.
  • Explain insurance policy options and coverage details clearly and concisely.
  • Provide personalized insurance quotes and proposals.
  • Guide clients through the application and underwriting process.
  • Follow up with clients to ensure satisfaction and address any questions.
  • Maintain accurate client records and manage policy renewals.
  • Collaborate with the team to achieve sales targets.

Requirements
  • Illinois Property & Casualty License or willingness to obtain
  • Previous sales experience, preferably in insurance.
  • Excellent communication and interpersonal skills.
  • A proactive approach to identifying client needs.
  • Comfortable with administrative tasks and record-keeping.
  • Proficiency in using CRM software and standard office applications.