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Underwriter
The Jacobson Group Romeoville, IL
$131k-173k (estimate)
Full Time | Specialty Trade in Construction 1 Week Ago
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The Jacobson Group is Hiring an Underwriter Near Romeoville, IL

A property & casualty insurance client has a full-time opening for an 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. 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

Qualifications:

  • Bachelor's Degree in Business Administration, Accounting, Risk Management, or related field preferred.
  • 3 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

Specialty Trade in Construction

SALARY

$131k-173k (estimate)

POST DATE

06/01/2024

EXPIRATION DATE

06/22/2024

WEBSITE

jacobsoncompany.com

HEADQUARTERS

ELIZABETH, NJ

SIZE

200 - 500

FOUNDED

1889

TYPE

Private

CEO

THOMAS D JACOBSON

REVENUE

$10M - $50M

INDUSTRY

Specialty Trade in Construction

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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.