Group Underwriter jobs in Addison, IL

Group Underwriter reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Being an Group Underwriter calculates renewal rates. Ensures that underwriting activities comply with all industry and governmental regulations. Additionally, Group Underwriter may coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. The Group Underwriter work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Group Underwriter typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Group Underwriter
  • Sidecar Health
  • Chicago, IL FULL_TIME
  • Sidecar Health is redefining health insurance. Our mission is to make excellent healthcare affordable and attainable for everyone. We know that to accomplish this lofty mission, we need driven people who will make things happen.

    The passionate people who make up Sidecar Health’s team come from all over, with backgrounds as tech leaders, policy makers, healthcare professionals, and beyond. And they all have one thing in common—the desire to fix a broken system and make it more personalized, affordable, and transparent.

    If you want to use your talents to transform healthcare in the United States, come join us!

    About the Role

    The Group Underwriter will provide subject matter expertise in underwriting groups and will oversee the company’s underwriting process for groups of all funding types and sizes.

    What You’ll Do

    • Recommend underwriting policies and process designs that address critical trends and changes in the industry, as well as departmental and/or product line long-term goals, to ensure alignment with key company strategies
    • Analyze qualitative and quantitative data to approve risk selection and acceptance, coverage, and pricing
    • Recommend creative alternatives regarding rating plans, coverages, and payment plans. Analyze the quality and quantity of risks underwritten and prepare reports accordingly
    • Review profit/growth results and trends to recommend and implement action plans to produce growth with profitable underwriting results. Identify trends/issues and offer solutions on issues, including appeals and exceptions, to meet customer needs while ensuring alignment with business strategies

    What You’ll Bring 

    • Highly developed knowledge of the underwriting function
    • General awareness of current affairs, industry issues, and trends, both corporate and external
    • Solid knowledge of insurance contract law and state legislative requirements
    • Strong knowledge of insurance products (plans, riders, benefits), and illustrations, and how they are marketed
    • Knowledge of the reinsurance marketplace to work proactively with the field where reinsurance is an opportunity
    • Comfortable working in a fast-paced environment and with minimal supervision
    • Enthusiasm and positive attitude
    • Strong interpersonal communication skills, both written and verbal
    • Excellent analytical and problem-solving skills, and the ability to demonstrate attention to detail
    • Ability to think of and implement creative solutions to business problems
    • 2 years of experience in an underwriting role
    • Four-year degree required

    What You'll Get

    • Competitive salary, bonus opportunity, and equity package  
    • Comprehensive Medical, Dental, and Vision benefits
    • A 401k retirement plan
    • Paid vacation and company holidays
    • Opportunity to make an impact at a rapidly growing mission-driven company transforming healthcare in the U.S.
  • 1 Month Ago

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Underwriter II, APL
  • Argo Group
  • Chicago, IL FULL_TIME
  • Argo Pro currently has a challenging opportunity for an Underwriter II in their Accountants Professional Liability team. DUTIES AND RESPONSIBILITIES: Review and price policies to verify acceptability ...
  • 13 Days Ago

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MRSGNA Associate Underwriter, Marine
  • Roanoke Insurance Group Inc
  • Schaumburg, IL FULL_TIME
  • Offer:Profile:
  • 12 Days Ago

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MRSGNA Underwriter, Marine
  • Roanoke Insurance Group Inc
  • Schaumburg, IL FULL_TIME
  • MRSGNA Underwriter, Marine Company Roanoke Insurance Group Inc Location Schaumburg , United States Munich Re Specialty Group North America (MRSG N.A.) is looking for enthusiastic individuals to join u...
  • 1 Month Ago

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Underwriter
  • TIREGI
  • Brook, IL FULL_TIME
  • Inland Mortgage Capital Corporation, a fast growing national commercial real estate debt fund lender is seeking to hire a Commercial Real Estate Underwriter to join its Credit Administration Team in t...
  • Just Posted

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Underwriter
  • Constructive Capital
  • Oakbrook Terrace, IL FULL_TIME
  • Founded in early 2008, Fay Servicing is committed to providing innovative servicing solutions for both performing and non-performing mortgage loans. As a specialty mortgage servicer and originator tha...
  • 14 Days Ago

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0 Group Underwriter jobs found in Addison, IL area

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Senior Casualty Underwriter
  • MSIG Holdings (U.S.A.), Inc.
  • Chicago, IL
  • MSIG North America continues to grow! Summary/Job Purpose: Underwrite profitable Commercial Lines business within assign...
  • 4/26/2024 12:00:00 AM

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Marine Underwriting Manager
  • The Hanover Insurance Group, Inc.
  • Itasca, IL
  • For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters th...
  • 4/26/2024 12:00:00 AM

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Underwriting Specialist- Umbrella and Excess (Hybrid)
  • Great American Insurance Group
  • Chicago, IL
  • Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Gr...
  • 4/25/2024 12:00:00 AM

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Executive Contract Surety Underwriting Specialist | Remote
  • King's Insurance Staffing
  • Chicago, IL
  • Our client, an A-rated National P&C Insurance Leader, is continuing to expand their Contract Surety Bond Division and se...
  • 4/25/2024 12:00:00 AM

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Associate Vice President
  • MidCap Financial
  • Chicago, IL
  • Job Title: Associate /AVP (Healthcare Leveraged Lending Team) Reports To: Director Position Type: Full Time Job Location...
  • 4/24/2024 12:00:00 AM

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Insurance Loss Control Consultants - Worker's Comp - Remote
  • Strategic Comp
  • Chicago, IL
  • Job Description Job Description Loss Prevention Consultant - Workers' Comp Insurance ***Work from home in the Metro Chic...
  • 4/24/2024 12:00:00 AM

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Executive Contract Surety Underwriting Specialist | Remote
  • King's Insurance Staffing
  • Chicago, IL
  • Our client, an A-rated National P&C Insurance Leader, is continuing to expand their Contract Surety Bond Division and se...
  • 4/23/2024 12:00:00 AM

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Associate Vice President
  • Midcap Financial
  • Chicago, IL
  • Job Title: Associate /AVP (Healthcare Leveraged Lending Team) Reports To: Director Position Type: Full Time Job Location...
  • 4/22/2024 12:00:00 AM

Addison is a village located in the Chicago Metropolitan Area, in DuPage County, Illinois, United States. The population was 36,942 at the 2010 census. The Village of Addison lies on Salt Creek, a tributary of the Des Plaines River. Addison is located at 41°55′54″N 88°0′8″W / 41.93167°N 88.00222°W / 41.93167; -88.00222 (41.931573, −88.002221). According to the 2010 census, Addison has a total area of 9.98 square miles (25.85 km2), of which 9.77 square miles (25.30 km2) (or 97.9%) is land and 0.21 square miles (0.54 km2) (or 2.1%) is water....
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Group Underwriter jobs
$58,716 to $76,047
Addison, Illinois area prices
were up 0.8% from a year ago

Group Underwriter in Lubbock, TX
Responsible for determining acceptability of insurance risks and appropriate premium rates for renewal and prospect employer groups in accordance with corporate underwriting guidelines and authority limits.
February 05, 2020
Group Underwriter in Tucson, AZ
We do, however, offer opportunities to get connected, and be mentored through our various ARGs (Associate Resource Groups).
December 30, 2019
Group Underwriter in Lincoln, NE
The underwriter accepts all the risk and uses past claims along with demographics, trend factors and inflation factors to estimate future claims and arrive at a premium.
January 02, 2020