Underwriter I, Retail Property

About the role

Reporting to the Zonal Underwriting Manager or Underwriting Lead, this role underwrites Retail Property Products under general supervision, issuing quote and policies while ensuring standards and compliance guidelines are met. These individuals will analyze information and have the opportunity to connect with clients and brokers.

Responsibilities

• Underwriting a specific line of business within Retail Property
• Evaluating, prioritizing, and selecting submissions to be underwritten
• Identifying risk exposures, special or common hazards, claims experience and appropriate controls
• Analyzing claims and quantifying losses
• Adhering to guidelines and underwriting discipline to minimize exposure and appropriately price risks
• Ensuring underwriting files and services standards and compliance guidelines are adhered to on assigned accounts
• Offering coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer
• Capturing market intelligence and broker feedback on accounts
• Beginning demonstrating technical expertise with product(s) in the Financial Lines portfolio
• Demonstrating strong business acumen, financial and analytical skills, and critical thinking skills which lead to confident decision making and judgment
• Demonstrating success in negotiation and building collaborative relationships
• Multi-tasking, prioritizing and time management skills

Qualifications

• 1+ years of relevant professional experience
• Commercial Insurance Company, Agency or Brokerage experience preferred
• Bachelor's degree from a four-year college or university
• Demonstrated sales, marketing, and relationship building experience
• Working knowledge of Retail Property products is preferred
• Strong verbal and written communication skills
• Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions, especially regarding technical aspects
• Comfort with financial statements, analytical tools and technology

Pay

For positions based in Illinois, the base salary range is $62,000-$82,500 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Your actual compensation will be dependent on your skills, experience, and qualifications.

Benefits

We offer a range of competitive benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Schedule

We value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office.