Jobs · Finance · Illinois

Underwriter II, General Construction

Argo Group · Chicago, IL · 3 days ago
Finance$74k–$122k/yrFull-time

Argo Group is an underwriter of specialty insurance products in the property and casualty market, offering a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses.

About the role

This is a production underwriting position responsible for marketing, underwriting, and processing assigned lines of business. This is a 100% in-office role; candidates must work on-site at a designated company office during standard business hours.

Responsibilities

  • Review and price policies to verify acceptability based upon company underwriting guidelines and granted underwriting authority.
  • Utilize underwriting tools to determine accurate classifications, rates, and premium charges.
  • Interact in person, via email, and by phone with brokers to obtain further risk-specific details, negotiate terms and pricing, and explain company positions.
  • Manage assigned portfolio in underwriting territory, including the performance (GWP, loss ratio) of assigned brokers.
  • Create, analyze, and interpret data from various reports/dashboards.
  • Complete underwriting analysis and maintain complete underwriting file.
  • Resolve audit disputes within assigned territory.
  • Review state laws, including cancellation and non-renewal, within assigned territory to properly transact business within the state.
  • Participate in educational sessions within the department.

Requirements

  • Bachelor’s degree and three-plus years related insurance experience and/or equivalent combination of education.
  • Three years underwriting experience with authority, preferably in FI lines.
  • Proven track record of driving profitable growth.
  • Advanced knowledge of computer programs, including Word, Excel, and Outlook.
  • Demonstrates an understanding and ability to effectively engage in the negotiation process.
  • Strong oral and written communication skills.
  • Previous insurance educational work, IIA and CPCU designation preferred.
  • Detail oriented with initiative and the ability to work independently in a fast-paced environment.
  • Excellent analytical skills.
  • Ability to travel.
  • Applicants must be legally authorized to work in the United States; sponsorship of employment visas is not available.

Pay

  • Richmond & Omaha: $74,052 - $121,992
  • Chicago, Houston & Albany: $81,294 - $134,232
  • Los Angeles & New York City: $88,842 - $146,472

In addition to base salary, this position is eligible for an annual bonus based on company and individual performance.

Benefits

  • Health, dental, and vision insurance
  • 401(k) with company match
  • Paid time off
  • Professional development opportunities

We offer a competitive compensation package, performance-based incentives, and a comprehensive benefits program.

Core Values

At Clearbrook our Core Values are Integrity, Collaboration, Pursuit of Excellence, and Forward Thinking. These values reflect who we are today and who we aspire to be—guiding how we work, how we lead, and how we succeed.

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