Jobs · Finance · Illinois

UNDERWRITER - AVIATION INSURANCE – CHICAGO, IL

U.S. Aviation Underwriters, Inc. · Chicago, IL · 2 wk ago
HybridFinanceFull-time

Position Responsibilities

  • Examine documents such as applications and inspection reports to analyze risk factors relating to the aircraft, factors such as applicant’s use of aircraft, pilots and airports, financial standing, accident experience, and value and condition of aircraft.
  • Review company records to determine amount of insurance in force on single risk or group of closely related risks, and evaluate possibility of losses due to catastrophe.
  • Communicate with clients and brokers, insurance or inspection companies to obtain information, quote rates, or explain company underwriting policies.
  • Design customized insurance programs based upon risk assessment.
  • Decline undesirable risks based upon company designated criteria.
  • Create underwriting reports utilizing word processing, spreadsheet and data base software programs.
  • Initiate administrative processes such as generation of quotes, binders, invoices and insurance policies.
  • Create and maintain strong internal and external client relations.
  • Perform miscellaneous projects and administrative functions as assigned.

Position Qualifications and Experience

  • Bachelor’s Degree; aviation/business related concentration preferred.
  • Private pilot license with instrument rating desired. Approximately 300 plus flight hours preferred.
  • One to three years aviation insurance experience preferred.
  • Prior aviation industry experience desired.
  • High quality underwriting and customer service skills required to handle complex coverage issues and challenging client relations.
  • Strong knowledge of industry issues and trends required.
  • Advanced analytical and mathematical proficiency preferred.
  • Solid computer skills required. Microsoft Office Word, Excel, PowerPoint and Access desired.
  • Excellent interpersonal skills and ability to handle challenging client relations necessary.
  • Strong communication skills including solid presentation skills required.
  • Solid negotiation skills and ability to exercise sound judgment and decision making necessary.
  • Independent thinker possessing self motivation, detail orientation, solid organization skills and ability to prioritize projects and work assignments needed.
  • Able to work well under time constraints and meet deadlines required.
  • Able to work well in a team environment and collaborate with internal and external business partners to ensure timely and appropriate management of service issues needed.
  • Attainment of insurance agent’s license and continuing education requirements for license renewal necessary.
  • Able to work from the Company’s physical office location needed.
  • Flexibility to travel (some overnight travel); sometimes with short notice required.
  • Willingness to take professional development, insurance and aviation related courses necessary.

About Us

USAIG was established in 1928 by two enterprising pilots who developed the idea of offering specialized insurance to the aviation industry. USAIG quickly became and today remains a leading insurance provider to all segments of the aviation and aerospace industry. USAU manages an insurance pool of member companies, USAIG, and underwrites on behalf of the member companies within the USAIG pool. We are a subsidiary of General Re Corporation, a leading global reinsurer, and a member of the Berkshire Hathaway Inc. family of companies.

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