Top 11 Entry level underwriter Jobs in Illinois

Junior Underwriter
CABRERA CAPITAL MARKETS LLC —Chicago, IL
- $100,000 - $150,000 a year
- Full-time
- Office
- Finance
- Databases
- Profit sharing
- Commuter assistance
4d
Underwriting Assistant
Resilience —Chicago, IL
- $48,000 - $66,000 a year
- Google Workspace
- Salesforce
- Administrative experience
- Health insurance
- 401(k)
4d
Cyber Associate Underwriter
HDI Global Insurance Company —Chicago, IL
- $65,000 - $80,000 a year
- Hybrid work
- Background check
- Microsoft Outlook
- Analysis skills
- Wellness program
- Commuter assistance
Quick Apply
Underwriting Services Associate
HDI Global Insurance Company —Chicago, IL
- $60,000 - $65,000 a year
- Microsoft Outlook
- Office
- Bachelor's degree
- Wellness program
- Commuter assistance
Quick Apply
Underwriting Assistant, Custom Property - Hybrid
Crum & Forster —Chicago, IL
- $43,900 - $64,400 a year
- Hybrid work
- Microsoft Excel
- Microsoft Outlook
- Mid-level
- Employee stock purchase plan
- Health insurance
Underwriting Assistant
Valley National Bank —Chicago, IL
- $16.50 - $25.58 an hour
- Microsoft Excel
- Computer literacy
- Basic math
Quick Apply
Underwriter I, Retail Property
Risk Specialists Companies Insurance Agency, Inc. —Chicago, IL
- $62,000 - $82,500 a year
- Email
- Sales
- Office
- Analysis skills
- Health insurance
Quick Apply
Underwriting/Operations Assistant - Marine (Peoria, IL)
RLI Corp —Peoria, IL
- $20.01 - $26.63 an hour
- Full-time
- Office
- Windows
- High school diploma or GED
- Profit sharing
- Health savings account
9d
MRSGM NA Underwriting Assistant Surety TEMP
Roanoke Insurance Group Inc —Schaumburg, IL
- $20 an hour
- Temporary
- Hybrid work
- Microsoft Word
- Office
- Finance
Insurance Account Position - State Farm Agent Team Member
Peter Grande - State Farm Agent —Harwood Heights, IL
- $40,000 - $55,000 a year
- Weekends as needed
- Mid-level
- Office
- Finance
- Health insurance
- Opportunities for advancement
Quick Apply

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Junior Underwriter

CABRERA CAPITAL MARKETS LLC
Chicago, IL

Apply Now

Job Details

Full-time
$100,000 - $150,000 a year
4 days ago

Benefits

Profit sharing
Commuter assistance
Health savings account
AD&D insurance
Paid holidays
Disability insurance
Health insurance
Dental insurance
Flexible spending account
Paid time off
Employee assistance program
Vision insurance
401(k) matching
Employee discount

Qualifications

Spreadsheets
Bachelor's degree
Productivity software
Financial markets knowledge

Full Job Description

COMPANY SUMMARY

Cabrera Capital Markets is a premier investment bank and institutional brokerage firm, serving global corporations, municipalities, pension funds, and private equity firms. The firm is known for its integrity and unwavering commitment to exceeding clients’ expectations.

DEPARTMENT SUMMARY

Municipal capital markets division provides the highest level of service to institutional investors across the country. The division works seamlessly with our public finance bankers to underwrite and sell negotiated transactions, bid and buy competitive deals, and trade secondary market bonds. Our team supports our issuers and investors by offering deep institutional knowledge of the market.

POSITION SUMMARY & PURPOSE

The Junior Underwriter supports the Municipal Capital Markets team in the analysis, structuring, and execution of municipal securities transactions. This position provides analytical and administrative support throughout the underwriting process, including financial analysis, market research, transaction preparation, and due diligence activities.

Working closely with senior underwriting professionals, public finance bankers, sales, and trading teams, the Junior Underwriter will develop foundational knowledge of municipal finance, capital markets, underwriting practices, and transaction execution. This role is designed for individuals seeking to build a long-term career in municipal underwriting and capital markets.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Assist senior underwriting professionals with the execution of municipal bond transactions.
Support financial analysis, pricing reviews, credit evaluations, and market research activities.
Gather and organize financial, issuer, and market data used in underwriting decisions.
Prepare transaction summaries, pricing comparisons, and underwriting support materials.
Assist in reviewing offering documents, official statements, and due diligence materials.
Maintain underwriting spreadsheets, databases, and transaction tracking reports.
Monitor municipal market activity and assist in preparing market commentary and updates.
Support syndicate, sales, and trading teams by providing transaction-related information and reports.
Assist in preparing pitch books, presentations, and proposal materials.
Coordinate internal documentation and approval processes for new transactions.
Help ensure transaction files are complete and maintained in accordance with company policies and regulatory requirements.
Participate in training programs and professional development opportunities to build underwriting expertise.
All other duties as assigned

MANAGEMENT & DECISION MAKING RESPONSIBILITIES

Exercise sound judgment in gathering, analyzing, and reporting financial information.
Follow established underwriting procedures and escalate issues to senior team members when appropriate.
Manage assigned tasks and deadlines across multiple transactions.
Collaborate with internal stakeholders to support successful deal execution.
Contribute ideas and insights during team discussions while developing underwriting knowledge and expertise.

KNOWLEDGE, SKILLS & ABILITIES REQUIREMENTS

Basic understanding of finance, economics, accounting, or capital markets concepts.
Strong analytical, quantitative, and problem-solving skills.
Excellent attention to detail and commitment to accuracy.
Strong written and verbal communication skills.
Ability to learn quickly in a fast-paced and deadline-driven environment.
Proficiency in Microsoft Excel, Word, and PowerPoint.
Ability to manage multiple priorities and work effectively in a team environment.
Strong organizational skills and professional demeanor.
Familiarity with Bloomberg, IPREO, Capital IQ, or similar financial platforms is preferred but not required.
Interest in municipal finance and capital markets.

EDUCATION & WORK EXPERIENCE

Bachelor's degree in Finance, Economics, Accounting, Business Administration, or a related field required.
0-2 years of experience in finance, banking, capital markets, accounting, or a related field.
Relevant internships in investment banking, public finance, underwriting, or financial services are strongly preferred.
Demonstrated academic achievement and analytical aptitude preferred.

REQUIRED LICENSES & CERTIFICATES

FINRA Series 52, Series 7, and Series 63 licenses preferred or ability to obtain within a specified timeframe after hire.
Additional licenses or certifications may be required based on business needs.

Work Authorization Requirement: Applicants must be currently authorized to work in the United States on a permanent basis. This position does not offer employment visa sponsorship now or in the future. Candidates requiring sponsorship, including F-1 OPT, CPT, H-1B, TN, E-3, or any other employment-based visa sponsorship, are not eligible for consideration.

We offer a competitive and well-rounded benefits package designed to support your health, well-being, and financial future:

Medical, Dental & Vision Coverage
Paid Time Off & Holidays
401(k) with Employer Match
Profit Sharing Program
Flexible Spending & Health Savings Accounts (FSA/HSA)
Commuter Benefits (Pre-tax transit & parking)
Short- & Long-Term Disability Coverage
Life & AD&D Insurance Options
Employee Assistance Program (EAP)
Pet Care Discount Program

Apply Now

Refine Your Search

entry level underwriter jobs in illinois

Junior Underwriter

Underwriting Assistant

Cyber Associate Underwriter

Underwriting Services Associate

Underwriting Assistant, Custom Property - Hybrid

Underwriting Assistant

Underwriter I, Retail Property

Underwriting/Operations Assistant - Marine (Peoria, IL)

MRSGM NA Underwriting Assistant Surety TEMP

Insurance Account Position - State Farm Agent Team Member

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