Jobs · Finance · Illinois

Senior Underwriter - Excess Casualty

MSIG USA · Chicago, IL · 3 wk ago
HybridFinance$150k–$200k/yrFull-time

About the role

Underwrites profitable Casualty business on a nationwide basis in accordance with Corporate goals.

Essential Functions

  • Selects and underwrites complex property risks within delegated underwriting authority.
  • Reviews applications and requirements to determine acceptability of risk in accordance with Company guidelines and standards.
  • Performs all aspects of the underwriting process and due diligence including review and analysis of financial documents and individual risk factors.
  • Applies appropriate pricing techniques according to company filings and state/bureau conformance.
  • Maintains and increases new business through producer and client visits.
  • Develops and cultivates new and existing broker and customer relationships in assigned territory.
  • Creates and delivers quality service to brokers and customers within established service metrics for new, renewal, and interim requests.
  • Source new business opportunities through a strong broker and client network.
  • Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations in order to drive results within the assigned territory.
  • Documents accounts in accordance with regulatory and internal underwriting guidelines.
  • Enhances technical expertise in the area of Industrial and Global property underwriting including assisting in Underwriting Manager in the training and development of department staff.

Qualifications

  • Diploma/Degree & Experience: Bachelor's degree (B. A.) required, 7+ years of related multi-line background required.
  • Existing producer relationships preferred.
  • Must have demonstrated negotiation and production skills.
  • Excellent verbal and written communication skills.

Other Qualifications

  • CPCU or insurance related courses helpful.

Supervisory Responsibilities

This position has no supervisory responsibilities.

Pay

The base pay range is $150,000.00 - 200,000.00. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location.

Benefits

  • Comprehensive medical, dental, and vision coverage
  • 401(k) with a generous employer match and profit-sharing contribution
  • Wellness incentive program
  • Life and accidental death and dismemberment (AD&D) insurance
  • Flexible spending programs
  • Short-term and long-term disability plans
  • Additional Benefit Programs
  • Paid time off program
  • Paid charitable leave
  • Paid parental leave
  • Tuition reimbursement program
  • Personal insurance (auto/homeowners) discounts

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