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2 Underwriter Jobs in Romeoville, IL

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The Jacobson Group
Romeoville, IL | Full Time
$132k-173k (estimate)
1 Week Ago
Christian Brothers Services
Romeoville, IL | Full Time
$119k-158k (estimate)
11 Months Ago
Underwriter
$119k-158k (estimate)
Full Time | Business Services 11 Months Ago
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Christian Brothers Services is Hiring an Underwriter Near Romeoville, IL

Our Risk Management Services Division has a full-time opening for an experienced Underwriter. The role of the Underwriter is to assess property and casualty risks to determine appropriate costs, terms, and parameters to insure the risk, review and analyze risk characteristics on insurance applications and change requests, and assist Director of Underwriting in new business development for the Risk Pooling Trust and Student Accident Plans. The Underwriter also utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits,
and coverages.

Duties:

  • Reviews insurance applications along with accident and claims history, exposures, and other factors to determine acceptable risk
  • Assist with Underwriting coverage for property and casualty, workers’ compensation coverage, and student accident plans
  • Prepare reports and participate in meetings related to the renewal of Property/Casualty and Workers’ Compensation Programs
  • Answers inquiries from prospects and/or members
  • Assists potential members with application process
  • Aid and assist Director of Underwriting to work with Risk Pooling Trust broker(s) and/or members on all regulatory and State compliance issues
  • Performs other related duties as assigned

Christian Brothers Services is a not-for-profit comprised of cooperative programs providing administrative and managerial services to Catholic organizations. We offer competitive salary and a competitive benefits package!

Benefits:

  • 403(b)
  • 403(b) matching
  • Pension
  • Dental insurance
  • Disability insurance
  • Employee assistance program
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance
  • Bachelor's Degree in Business Administration, Accounting, Risk Management, or related field preferred.
  • Minimum four to seven years commercial property/casualty insurance underwriting experience or related experience required.
  • Chartered Property Casualty Underwriter (CPCU) status or equivalent certification preferred.
  • Must have current property/casualty insurance license/certificate.
  • Experience in a risk pooling, captive, or self-insurance program preferred.
  • Proficient in Microsoft Office Suite or related software

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$119k-158k (estimate)

POST DATE

06/01/2023

EXPIRATION DATE

05/19/2024

WEBSITE

cbservices.org

HEADQUARTERS

MADISON, CT

SIZE

50 - 100

FOUNDED

1960

TYPE

Private

CEO

RICHARD BURKE

REVENUE

$200M - $500M

INDUSTRY

Business Services

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The following is the career advancement route for Underwriter positions, which can be used as a reference in future career path planning. As an Underwriter, it can be promoted into senior positions as a Health Underwriting Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Underwriter. You can explore the career advancement for an Underwriter below and select your interested title to get hiring information.