Jobs · Finance · Illinois

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

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