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Underwriter-Hospitality
Career Insights for Insurance Underwriter (General)
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Scorecard
Based on Illinois data
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What they do
An Insurance Underwriter evaluates and measures risk and advises businesses in insurance, banking and securities. Recommends customers to be approved for insurance coverage, and develops policies and premium levels. Reviews loan applications, evaluates credit-worthiness of loan applicants and analyzes the investment risk of a loan for the bank. Evaluates risk in different types of securities and advises clients on investments that will yield highest profits.
$77,840 / year median in Illinois
-12% projected decline
Job Description
Remote, Job Responsibilities:
Engage in the end-to-end underwriting process, including processing submissions, account underwriting, quote issuance, policy binding, endorsement management, and state/federal filing. Foster effective communication with agency partners to drive profitable growth. Execute daily tasks related to underwriting with precision and attention to detail. You will play a crucial role in ensuring client satisfaction by: Proactively interacting with all agency partners and management on a daily basis, ensuring exceptional client support.Qualifications:
5+ years of hands-on Hospitality underwriting experience. Proven track record of successful underwriting in the Hospitality industry. In-depth knowledge of state and federal regulations governing hospitality insurance. Exceptional communication and people skills, essential for effective collaboration. Ability to thrive independently in a remote work environment. Willingness to travel occasionally for industry events, showcasing commitment to professional development. 75The anticipated salary range for this position is 95,000 to 130,000, depending on experience, qualifications, and other relevant factors. Final compensation will be determined based on the candidate's background and overall fit for the role.Benefits
- Professional Development
- Dental Insurance