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Underwriting Program Jobs in Washington (NOW HIRING)

Senior Underwriting Consultant

Washington, DC · Remote

$111K - $131K/yr

The Senior Underwriting Consultant is responsible for evaluating applications of the highest ... Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days ...

Captives Underwriter

Alexandria, VA · Hybrid

$124K - $199K/yr

You will have responsibility for underwriting workers compensation, general liability and commercial auto for Captive programs. The Captives Underwriter's major purpose is to profitably grow their ...

Underwriter

Bethesda, MD · Hybrid

$80K - $90K/yr

... resource of underwriting expertise to support our other TVC departments, particularly Sales, Processing, and Valuations teamsDevelop a strong working knowledge of all TVC loan programs and ...

Showing results 21-40

Underwriting Program information

What are some common challenges faced by professionals working in an underwriting program, and how can they be addressed?

Professionals in underwriting programs often encounter challenges such as balancing risk assessment with business growth goals, managing tight deadlines, and adapting to evolving regulatory requirements. Staying updated with industry guidelines, leveraging advanced data analytics tools, and cultivating strong communication skills are essential strategies for overcoming these hurdles. Additionally, collaborating closely with sales, legal, and claims teams helps underwriters make well-informed decisions and maintain consistency across the organization.

Is underwriting a good career to get into?

Underwriting is a stable career that involves evaluating risks for insurance companies, requiring analytical skills and attention to detail. It often offers opportunities for advancement, professional certifications, and a predictable work environment, making it a viable option for those interested in finance and risk assessment.

What is an underwriting program?

An underwriting program is a structured process used by financial institutions, insurance companies, or lenders to evaluate the risk and eligibility of applicants for loans, insurance policies, or other financial products. The program sets the guidelines and criteria for assessing factors such as creditworthiness, health, or property value before approving or denying an application. By standardizing this evaluation, underwriting programs help organizations make informed decisions, minimize risk, and ensure compliance with regulations.

Can I become an underwriting program with no experience?

Underwriting programs typically require some knowledge of insurance principles and analytical skills, but many entry-level positions are open to candidates without prior experience. Relevant education, such as a degree in finance or business, and familiarity with underwriting software can improve chances of entry. On-the-job training is common for new hires in underwriting roles.

What is the difference between Underwriting Program vs Underwriter?

AspectUnderwriting ProgramUnderwriter
CredentialsTypically requires insurance or finance certifications, such as CPCU or FCASSame certifications often required, with additional experience in risk assessment
Work EnvironmentFocuses on developing, managing, and implementing underwriting policies and programsPerforms risk evaluation, decision-making, and approval of individual insurance applications
Employer & Industry UsageCommonly employed by insurance companies, brokers, and underwriting firmsFound within insurance companies, underwriting agencies, and brokers

In summary, an Underwriting Program focuses on creating and managing underwriting strategies and policies, while an Underwriter evaluates individual risks and approves insurance applications. Both roles require similar credentials and work within the insurance industry, but their responsibilities differ in scope and focus.

What are the key skills and qualifications needed to thrive in an underwriting program, and why are they important?

To excel in an Underwriting Program, strong analytical skills, attention to detail, and a relevant degree in finance, business, or a related field are essential. Familiarity with underwriting software, risk assessment tools, and industry certifications such as CPCU or AU are typically required. Effective communication, critical thinking, and decision-making skills help underwriters collaborate with stakeholders and evaluate complex information. These abilities ensure accurate risk evaluation, regulatory compliance, and profitable decision-making for financial institutions.

Underwriting Assistant - FEDS Protection

200 CRC Insurance Svcs LLC

Bethesda, MD

$60K - $70K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 15 days ago


Job description

Underwriting Assistant – FEDS Protection Location: United States (1st Shift). Language required: English. Position type: Regular. About the Role FEDS Protection, a CRC Insurance Services Program, provides insurance solutions to federal employees and federal contractors. This role blends marketing, analytics, and product thinking to meet the needs of the fast‐growing FEDS client base. CRC Group is the leading wholesale specialty insurance distributor in North America with more than $23.5billion in annual written premium and a long history of delivering insurance solutions. Responsibilities Underwrite renewal business with minimal supervision of an underwriter. Accurately explain liability and other program coverages to clients and prospective clients. Provide necessary instruction to Underwriting Clerks and Policy Typists. Evaluate policies, endorsements, audits, cancellations, etc., resolve any discrepancies and make changes as needed. Conduct ratings for new and renewal business. Manage all account documentation. Review and process policy servicing requests (endorsement, audits, company requests, certificates, premium finance notices and cancellations, etc.). Invoice and process new business and renewal binders, premium‐bearing endorsements, and cancellations according to internal and company guidelines. Establish new submissions in the clearance system and handle according to established procedures. Produce cancellation and non‐renewal notices according to statutory and contractual requirements. Manage underwriting files on accounts in which policies are not issued and handle according to company and internal procedures. Maintain pending/suspense system per established procedures. Maintain account files in accordance with company policy. Perform other duties as assigned. Compensation and Benefits The annual base salary for this position is $60,000 – $70,000, with additional incentive pay available. Benefits include medical, dental, vision, life, disability, and AD&D insurance; tax‐advantaged savings accounts; a 401(k) plan with company match; generous paid time off; new parent leave; and options for restricted stock units or a deferred compensation plan. Who We're Looking For Individuals who thrive in a fast‐paced, collaborative environment, value integrity, and are driven to succeed. Equal Opportunity CRC Group is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. CRC Group is a Drug Free Workplace. EEO is the Law. #J-18808-Ljbffr