Senior Underwriter
Starr · Chicago, IL · 1 wk ago
FinanceFull-time
Essential Job Functions
- Analyze and underwrite technical risk exposures on new and renewal business
- Maintain an existing account renewal book
- Travel to and conduct client and broker meetings on all major renewals
- Develop new business account production
- Travel to and complete marketing/sales meeting in assigned territories within the Midwest Region
- Ensure underwriting and service standards are met on assigned accounts
- Develop insurance proposals, prepare policies and endorsements, obtain Home Office underwriting approvals where needed
- Detail Risk Assessment
- Experience in shared and layered accounts- expertise in underwriting complex risks including Foreign fronts
- Broker relationship management
- Experience in building and managing relationships with key brokers
- Purchase reinsurance (only with approval) when needed, review reinsurance certificates and complete reinsurance documentation
- Arrange account engineering service
Requirements
- College degree
- 3-5 years Property underwriting experience involving heavy industrial/technical risks including oil, petrochemical, chemical, steel and power generation
- Excellent oral and written communication
- Strong math skills
- Negotiation skills
- Ability to negotiate complex terms and pricing with brokers
- Good organization and effective time management - ability to meet deadlines for new business quotes and renewals
- Self-motivated and independent work traits