Underwriter

Welcome to State Farm, where we provide exceptional insurance services to protect and support our customers' lives. We are currently seeking a skilled Underwriter to join our team and contribute to our mission of helping people manage the risks of everyday life, recover from the unexpected, and realize their dreams. As an Underwriter, you will play a crucial role in assessing and analyzing risks, evaluating insurance applications, and determining coverage and premiums. We are looking for a detail-oriented and analytical individual with a strong understanding of insurance principles and excellent decision-making skills. If you are passionate about insurance and have the necessary qualifications, we invite you to consider this exciting opportunity at State Farm.

1. Evaluate insurance applications and determine the level of risk involved.
2. Analyze data and information to make informed decisions on insurance coverage and premiums.
3. Communicate with customers and insurance agents to gather necessary information and provide updates on the status of their applications.
4. Review insurance policies and make recommendations for changes or updates based on risk assessments.
5. Ensure compliance with underwriting guidelines and regulations.
6. Collaborate with other departments, such as claims and sales, to provide support and guidance on underwriting matters.
7. Stay up-to-date with industry trends and changes in insurance regulations.
8. Maintain accurate and organized records of underwriting decisions and documentation.
9. Identify and flag fraudulent or high-risk applications.
10. Provide exceptional customer service by addressing any inquiries or concerns related to underwriting decisions.
11. Contribute to the development and improvement of underwriting processes and procedures.
12. Participate in training and development opportunities to enhance knowledge and skills.
13. Meet or exceed performance metrics and goals set by the company.
14. Adhere to ethical and professional standards in all interactions with customers, colleagues, and stakeholders.
15. Represent State Farm in a positive and professional manner at all times.

According to JobzMall, the average salary range for a Underwriter in Bloomington, IL, USA is $51,000 - $80,000 per year. This can vary depending on the specific industry, experience level, and company the individual is working for. Some factors that may affect salary include education level, certifications, and additional skills or qualifications. Additionally, geographic location and the current job market can also impact salary.

State Farm is a large group of insurance companies throughout the United States with corporate headquarters in Bloomington, Illinois.