Underwriter
MSIG USA · Chicago, IL · 4 wk ago
FinanceFull-time
Summary/Job Purpose
Responsible for underwriting and servicing commercial lines business on a nationwide basis in accordance with corporate goals and objectives.
Essential Functions
- Underwrites and services Excess Casualty underwriting results, premium and loss trends within assigned book of business.
- Reviewing submissions to determine acceptability of risk in accordance with Company guidelines and standards.
- Performing all aspects of the underwriting process and due diligence including review and analysis of financial documents and individual risk factors.
- Applying appropriate pricing techniques according to company filings and state/bureau conformance.
- Working with brokers and clients to create customized insurance solutions.
- Documents accounts in accordance with regulatory and internal underwriting guidelines.
- Analyzes Policy forms and endorsement requests from brokers.
- Delivers quality service to brokers and customers within established service metrics for new, renewal and interim requests.
- Affords assistance in developing and cultivating new and existing broker and customer relationships.
- Affords assistance in sourcing new business opportunities through a strong broker and client network.
- Affords assistance in establishing and executing effective and efficient broker and client visits (with appropriate business units – Risk Engineering, Claims and Marketing Representatives) in order to maintain existing, and increase new, business.
Qualifications
- Diploma/Degree & Experience: Bachelor’s degree is preferred, CPCU or insurance related courses preferred. 3 to 5 years related underwriting experience required.
- Demonstrated negotiation skills.
- Excellent verbal and written communication skills.