General Liability Underwriter
Underwriter job in Chicago, IL
Would you like to be a part of a team that delivers industry experience and creative solutions?
Avondale seeks goal-driven professionals ready to take their career to the next level.
Job Summary: We are looking for a detail-oriented and experienced General Liability Underwriter to join our dynamic underwriting team. In this role, you will be responsible for evaluating, assessing, and underwriting general liability insurance policies for commercial clients. Your expertise in risk analysis, pricing, and policy structuring will ensure that our company maintains profitability while managing risk effectively. You will also play a key role in building strong relationships with brokers and ensuring the proper application of underwriting guidelines and regulatory standards.
Key Responsibilities:
Underwrite and evaluate general liability insurance applications for a wide range of industries and businesses, ensuring risk is appropriately assessed and policies are priced correctly.
Analyze and assess risk factors, such as company operations, industry type, claims history, safety protocols, and financial stability, to determine coverage, terms, and premium rates.
Collaborate with brokers to gather detailed information for underwriting purposes, ensuring all relevant data is collected to make informed decisions.
Apply underwriting guidelines and company policies while adhering to regulatory standards, making adjustments to policies as needed.
Assess the adequacy of current policies and recommend modifications for renewals based on claims experience, risk exposure, and market conditions.
Review complex insurance applications and provide clear communication to brokers about underwriting decisions, coverage options, exclusions, and pricing.
Monitor industry trends, emerging risks, and competitor products to assist in pricing and underwriting strategies.
Work closely with risk management teams to identify risk mitigation strategies and ensure the proper coverage is in place for clients.
Maintain accurate underwriting records, decisions, and documentation for both new business and renewals.
Provide mentorship and guidance to junior underwriters and assist in the development of team underwriting practices.
Support claims departments with any relevant underwriting information and assist with the resolution of any claims issues related to general liability.
Assist in handling some of the renewal book up to $10,000,000 annually
Targeted new business production goal of $5,000,000 annually
Qualifications:
3-5 years of experience in general liability underwriting or related insurance field.
Strong understanding of general liability insurance products, underwriting guidelines, and industry regulations.
Excellent risk assessment, analytical, and decision-making skills.
Proficient in underwriting software and tools, as well as Microsoft Office Suite (Excel, Word, PowerPoint).
Solid written and verbal communication skills, with the ability to interact with clients, brokers, and internal teams effectively.
Strong negotiation skills and the ability to explain complex concepts clearly.
Ability to work independently and manage multiple tasks in a fast-paced environment.
Strong attention to detail, with an emphasis on accuracy and compliance.
Preferred Skills:
Bachelor's degree in Business, Finance, Insurance, Risk Management, or related field (or equivalent work experience) is a plus.
Industry certifications such as CPCU, AINS, or ARM are a plus.
Experience with niche general liability policies or specialized industries (e.g., construction, manufacturing, Real Estate).
Pre-existing relationships with wholesale insurance brokers
Knowledge of risk management strategies and loss control measures.
Familiarity with claims handling processes and insurance policy language.
Working Conditions:
Full-time position, available in-office or hybrid (depending on location).
Occasional travel may be required for client meetings or industry events.
Compensation: Competitive salary based on experience, along with a performance-based bonus structure. Comprehensive benefits package, including health, dental, vision, and retirement plans.
Who is Avondale?
Established in 2006, Avondale Insurance Associates is an Excess and Surplus Lines Underwriting Management Company focused on small to mid-sized accounts across all property and general liability classes.
What you'll get...
At Avondale, you will have the opportunity to build a long-term career with unlimited growth potential. Aim high, work hard and we'll help you achieve your goals.
At Avondale, you will experience our caring work environment. We care about our employees, we care about our customers, and we care about the world around us.
At Avondale, you will achieve a work-life balance. We care about your physical and emotional well-being, so work-life balance is encouraged and practiced. We understand you have a life outside of work, and we want you to live it.
At Avondale, you will have access to a world-class Total Rewards package. We truly value our people, which shows in our compensation, benefits, and perks.
In addition to competitive pay, we have designed a performance-based annual incentive program. All employees are eligible to earn a bonus by meeting performance objectives.
Comprehensive medical, dental and vision plans and numerous supplemental benefit offerings.
Flexible Paid time off annually
Assistance with parking expenses, discount programs for area services/experiences, and financial support for professional development and licensure/designations
Access to specialized leadership development programming designed to take your career to the next level.
And so much more!
Avondale, a Unison Risk Advisors company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic.
Auto-ApplyPrograms Underwriter II
Underwriter job in Chicago, IL
The Role
To evaluate and underwrite Commercial Programs, written on a surplus-lines basis via MGA partnerships on behalf of Canopius US Insurance (CUSI), in accordance with the approved business plan and defined personal authority limits.
Responsibilities
Review individual submissions to MGA's for policies that fall outside of their assigned authority levels.
Develop and maintain relationships with brokers and clients.
Comply with company policies and risk appetite.
Conduct Portfolio Management on assigned MGA programs ensuring adherence to Underwriting guidelines and contract terms such as risk limits, rates, and aggregate limits.
Conduct regular portfolio reviews of MGA programs using company pricing models to ensure target loss ratios are achieved.
Conduct monthly and annual audits.
Further develop company relationships with assigned MGAs and broker partners which will include conducting meetings within their offices, during conferences and in CUSI offices.
Qualifications
10+ years of commercial underwriting experience.
Technical knowledge in Commercial Property/Liability/Auto/IM/MTC/Excess/Package Underwriting in one or more of the following classes: Mercantile, Hospitality, Habitational, Transportation, Manufacturing, Wholesale and Cannabis
Individual desk underwriting / quoting experience.
Portfolio Management in terms of rate, retention and NB.
A general understanding of quota share agreements and facultative placements.
An understanding of catastrophe modelling, and the ability to interpret model outputs.
Interpret written guidelines for Underwriting rules and apply to real life scenarios
Excellent client interaction skills.
Ability to work and learn with a sense of urgency in a fast-paced environment.
Have accountability for assigned tasks.
Strong analytical, problem-solving, and critical thinking skills.
Decision maker.
Ability to adapt and change.
Salary range: $80,000 - $120,000
Auto-ApplyUnderwriter
Underwriter job in Chicago, IL
Employer: Republic Business Credit, a subsidiary of Renasant Bank This position serves Republic Business Credit which is a subsidiary of Renasant Bank. The Underwriter will conduct activities to assess and bring new clients to funding in compliance with the Credit Policy. This position will primarily support the sales, client service and underwriting teams across its suite of products, including factoring, traditional factoring, and asset-based lending. This position will analyze leads, review client financials, and provide meaningful contributions to the credit functions of Republic Business Credit.
This individual will be expected to proactively learn, engage and develop meaningful awareness of the commercial finance industry.
The Underwriter will represent the Republic both internally and to the external marketplace with professionalism and excellent communication skills throughout the client lifecycle. This position is expected to:
* Work closely with the underwriting, client service and new business teams in making informed credit decisions
* Work closely with the Underwriting Manager and client services team to review and assess existing clients for compliance with policies and procedures
* Actively participate in prospect calls with Business Development Officers and in preparation of transaction prescreen documents
* Ensure compliance with credit standards for new clients being introduced
* Maintain an up-to-date understanding of the company, its products, its client base, and the market to implement effective and competitive credit controls
* Be current with the businesses operating procedures as set out in the Credit Policy, How to Guide, and other business resources
REPUBLIC BUSINESS CREDIT AND RENASANT BANK ARE EQUAL OPPORTUNITY EMPLOYERS
Responsibilities
* Perform credit analysis by reviewing items including, but not limited to credit reports, personal and business financial statements, tax returns, appraisals, and field examinations to complete loan presentations for approval consideration by the appropriate approval authority.
* Prepares and analyzes spreads of a company's financial statements to determine overall strengths and weaknesses of potential and current clients. Analysis includes but is not limited to debt service ratios, leverage ratios, cash flow analysis, fixed charge coverage, and tangible net worth.
* Performs and completes a collateral analysis of all collateral assets including but not limited to accounts receivables, inventory, equipment, and real estate. Analysis should include a credit classification of the company's customer base, a detailed credit profile of the company's largest customers and delinquent accounts, aging analysis, delinquencies, collections, and charge offs. Inventory analysis should include inventory in days and an examination of stale inventory, spoilage, depletion, and inventory valuations. Equipment analysis should include a comparison of market value to book value and an assessment of forced liquidation values.
* Contacts the customer or customer's representative to obtain additional information or explanation detail throughout the underwriting process while coordinating with the Underwriting Manager.
* Identifies and assesses various business, industry and market risks to determine and categorize business trends, growth, cyclical nature, seasonality, business cycle and stages to apply findings to credit analysis.
* Writing of the Client Credit Approval, Letter's of Intent, Client Reviews, Borrowing Bases, memo's and all other work products as required in support of funding new clients or current clients at the discretion of the Underwriting Manager.
* Aid the legal manager in the preparation and distribution of legal documents.
* Assist Underwriters in underwriting requests for new and existing clients with a focus on more complex and higher dollar exposure transactions.
* Review the work of other underwriters and present deals for approval to the Credit Committee.
* Lead or support collateral field examinations of prospective and current clients as workloads dictate in coordination with the Underwriting Manager, Risk, Compliance or other members of the credit committee should the need arise.
* From time to time, it might be necessary to provide underwriting, analysis, or collateral examinations to the Client Service team whether it is a risk or non-risk related client request by the Underwriting Manager or member of the credit committee.
* Orders underwriting items including, but not limited to, field examinations, appraisals, and UCC searches.
* Owns primary responsibility for underwriting quality and works closely with the Underwriting Manager, Business Development Officers, Portfolio Managers, and outside vendors.
Qualifications
* Bachelor Degree required
* 10 to 15 years of related experience preferred
* Strong problem solving skills
* Ability to critically think and evaluate solutions to complex problems
* Strong communication skills
* Ability to seek and gather information from a variety of sources
* Accurate and thorough in all work duties
* Ability to work independently while collaborating in a team environment
* Ability to meet deadlines and manage expectations
* Competency in Microsoft Office (particularly Word and Excel) and Google (Google Mail, Google Docs/Sheets and Google Drive)
* Ability to travel, including overnight
Benefits
Renasant offers the following benefits for this position: Medical, Dental, Vision, Flexible Spending Account, Dependent Care Flexible Spending Account, Health Savings Account, Group Life Insurance/AD&D/LTD, Voluntary Life Insurance (Term and Whole), Supplemental Disability Plans, 401(K) Plan, Employee Assistance Program, Tobacco Cessation Program, Family Medical Leave, Paid Leave Accruals, Holiday Pay, Employee Savings Plan, and Employee Checking.
The base annual salary for this position ranges from $90,000-$140,000. Pay is based on several factors including but not limited to, market location and may vary depending on job related knowledge, skills, education/training, and a candidate's work experience.
Physical Demands
The physical demands described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to stand or sit; kneel, stoop, or squat; use hands or fingers to handle or feel objects, tools or controls; reach with hands and arms, and talk or hear. The employee is occasionally required to walk. The employee must occasionally lift and /or move up to 25 pounds. Specific vision abilities required by this job include close vision, peripheral vision, depth perception and the ability to focus.
Work Environment
The Bank's professional working environment requires employees to communicate effectively, both verbally and in writing. Employees must demonstrate strong interpersonal skills when working closely with internal business partners and external clients. Employees may be exposed to confidential and propriety information within the working environment, therefore, must uphold confidentiality at all times. Due to the possibility of being exposed to high risk situations (i.e. robbery), detailed instructions and procedures are required to be followed at all times to safeguard the Bank's employees, customers, and assets.
The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. The principal duties and responsibilities enumerated are all essential job functions except for those that begin with the word "May".
This is intended to describe the normal level of work required by the person performing the work. The principle duties outlined are the essential responsibilities and duties. Other duties may be assigned as needs arise. Job requirements and/or processes may be modified to reasonably accommodate persons with a disability as required by law.
This description is not intended as a contract and is subject to change. Any written contractual agreements supersede this job description.
Auto-ApplyConstruction Underwriter
Underwriter job in Chicago, IL
MSIG USA continues to grow!
MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world's top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business's unique risks.
This underwriter role is focused on the construction business. Responsible for underwriting, and servicing profitable builders risk business through relationships with construction brokers.
Essential Functions:
Underwrites, and services both project and master builders risks within delegated underwriting authority. Will also underwrite related Inland Marine classes, including contractors equipment, riggers liability, installation projects, and transportation.
Profitability & Underwriting Quality: (50%)
Apply appropriate account selection, coverage, risk management, aggregate management, reinsurance and pricing techniques according to department guidelines to achieve target profitability for all new, renewal and endorsement activity within the assigned book of business.
Maintain underwriting files and systems in accordance with department guidelines.
Ensure aggregate management and risk management activities are appropriate to the risk, in line with department guidelines, and that systems reflect current and accurate data for assigned accounts per department guidelines.
Monitor underwriting results, loss trends and market developments for assigned business and producers within assigned territory.
Implement best practices in account management throughout the underwriting cycle, including coordination with other internal business units as appropriate.
Volume & Marketing: (40%)
Maintain existing accounts and develop new sources of business in line with department risk appetite and guidelines to achieve targeted volume.
Establish and maintain effective producer and client relationships within assigned territory.
Coordinate activities with other internal business units as appropriate.
Provide timely and best in class professional service to our customers.
Promote a positive impression of MSIG to producers, insureds and within the marketplace in general.
Training & Development: (10%)
Enhance technical expertise through continuing education opportunities as appropriate and available.
Assist in training, mentoring and development of other department staff.
Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and Experience Required:
High School degree is required. Bachelor's degree or equivalent business experience preferable. CPCU/ insurance designations encouraged.
3+ years of relevant underwriting experience with demonstrated productivity, profitability and business acumen.
Strong knowledge and technical expertise of relevant risks including exposures, forms, coverages, pricing methods, aggregate management, reinsurance and account management.
Demonstrated market presence with the ability to form lasting producer relationships and in depth knowledge of production sources and market capabilities within the assigned territory and product lines.
Strong portfolio management, organization, negotiation and time management skills with an understanding of the company's business objectives.
Demonstrated ability to work effectively within teams across multiple disciplines and support activities.
It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!
It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG USA will provide reasonable accommodations for qualified individuals with disabilities.
Underwriter - Media
Underwriter job in Chicago, IL
Hiscox USA is currently searching for a dynamic, engaging and solutions-oriented underwriter to drive our media product. Here at Hiscox, we know how to underwrite Media. From Creatives to YouTube/TikTok channels to VFTs, we know the emerging risks. Media Liability insurance provides coverage for the needs of media clients creating or disseminating content. This includes broad protection for broadcasters and publishers who are at risk while constantly updating their methods of content distribution globally. Advertising agencies need coverage as they boldly create, plan, and handle innovative and dynamic marketing campaigns in an increasingly fluid market. Video and film producers need the confidence necessary to move forward with small productions or Hollywood blockbusters-without worrying about substantial liability claims that can arise even when all necessary clearances have been obtained.
What You'll Be Doing:
This position provides a unique opportunity to join a fast-paced, dynamic team. As a Media Underwriter, you will be supporting and actively contributing to the team's strategic growth and execution of goals. You will be responsible for underwriting a book of new and renewal business and managing a few programs. You will also work closely with other underwriters, product leaders and team leaders to be a solution provide in this evolving sector. The role also carries the responsibility for developing new broker relationships and increasing the depth of existing broker relationships throughout the region. At times, regional travel may be required including industry events and broker visits.
Job Requirements:
You are a driven and motivated self-starter with a strong work ethic looking for meaningful work. You enjoy working with brokers to build a book of business and you our passionate about the power of superior customer service and offerings. You also have some knowledge of entertainment and/or professional underwriting experience while having the desire to develop your technical underwriting and business development skills.
What We Offer:
401(k) with competitive company matching
Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care)
Company paid group term life, short- term disability and long-term disability coverage
24 Paid time off days plus 2 Hiscox days,10 paid holidays plus 1 paid floating holiday, and ability to purchase up to 5 PTO days
Paid parental leave
4-week paid sabbatical after every 5 years of service
Financial Adoption Assistance and Medical Travel Reimbursement Programs
Annual reimbursement of up to $600 for health club membership or fees associated with any fitness program
Company paid subscription to Headspace to support employees' mental health and wellbeing
2023 Gold level recipient of Cigna's Healthy Workforce Designation for having a best-in-class health and wellness program
Dynamic, creative and values-driven culture
Modern and open office spaces, complimentary drinks
Spirit of volunteerism, social responsibility and community involvement, including matching charitable donations for qualifying non-profits via our sister non-profit company, the Hiscox USA Foundation
Salary Range - $80,000 - $110,000
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
**Please note this position is hybrid and requires two (2) days in office weekly**
#LI-RM1
Work with amazing people and be part of a unique culture
Auto-ApplyUnderwriter II
Underwriter job in Chicago, IL
Company Details
Berkley Select delivers professional liability insurance solutions to individuals, businesses, professional services firms, and nonprofit organizations. As a Berkley company, Berkley Select is staffed with a team of experts with a specific focus on Professional Liability. Berkley Select utilizes individual risk underwriting, loss control, and claims practices providing superior products and services to its customers.
Berkley Select is a Berkley Company. W. R. Berkley, founded in 1967, is one of the nation's premier commercial lines property casualty insurance providers. W. R. Berkley Corporation (NYSE: WRB).
Responsibilities
This role will evaluate (selection and pricing) and maintain (control) risk acceptability and profitability within the company's underwriting guidelines and procedures for professional liability with a focus on Management Liability.
This individual will maintain and develop good wholesale and brokerage relationships and/or program relationships when necessary, and critically analyze risk characteristics to reach sound underwriting decisions while meeting and maintaining the production, profitability, and service standards established for the company.
Work to achieve company goals to advance profitable written premium growth.
Adhere to underwriting authority level and guidelines in place.
Gather underwriting information to properly evaluate commercial risks for acceptability within company guidelines. Underwrite to acceptable profitability metrics
Meet/Exceed production, profitability, retention and service targets.
Ability to research and solve more complicated problems and make decisions.
Understand rate development and ability to price underwriting exposures correctly.
Determine final coverage and pricing for professional liability risks. Recommend policy form enhancements and endorsements to advance the business.
Knowledge of competitor form and coverages.
Work in both a collaborative team environment but also be able to work independently.
Review claims and loss information on individual risks. Use this information to identify and re-evaluate accounts and develop a strategy for dealing with exposures and frequency issues.
As a team with the Manager, manage the portfolio profitability and identify favorable and unfavorable classes of business.
Adhere to pricing metrics for sustained book performance and favorable loss history.
Maintain quality and performance standards as established, such as turnaround and response time.
Be informed/knowledgeable of industry issues and activities through formal educational processes to develop underwriting skills. PLUS membership or involvement is preferred.
Identify and cultivate brokers with new business opportunities and build renewal relationships.
Regular and predictable attendance at meetings with willingness to occasionally travel.
Assist with training and educating junior level employees.
Regular and predictable attendance.
Other duties and special projects as assigned.
Qualifications
Four (4) year College Degree or equivalent proven product line experience. Insurance designations, such as an RPLU, are a plus.
Must be able to conceptualize and analyze financials at a college level, as required by product line.
Must be able to analyze professional liability risk characteristics.
Good written and oral communications skills, including the ability to compose various types of business correspondence.
Knowledge of E&O underwriting coverages and policy form terms and conditions. - Must have prior experience
Must be able to manage multiple priorities, have good analytical skills and the ability to exercise independent judgment.
Must be customer service oriented; a team player; willing to learn; organized; detail oriented and flexible.
Focus on building broker relationships and proven development of those relationships.
Working knowledge of PC's and other software programs (including Microsoft Word and Excel).
Knowledge of Accountants Professional Liability a plus.
Knowledge of P.L. programs a plus.
Additional Company Details The position is based in Chicago; in-office four days per week.
We do not accept any unsolicited resumes from external recruiting firms.
The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role includes:
Base Salary Range: $90,000 - 100,000.
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
This role is eligible to participate in the annual discretionary bonus program.
Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans. Sponsorship Details Sponsorship not Offered for this Role
Auto-ApplyUnderwriter, US Environmental
Underwriter job in Chicago, IL
We are seeking an experienced Underwriter to join our Environmental team to be based in either our Berkeley Heights, NJ, Alpharetta, GA or Chicago, IL offices. As a member of the Environmental underwriting team, you will be responsible for generating new business, growing and maintaining key broker and client relationships and overseeing a profitable portfolio of business.
This position will be part of a vibrant, collaborative team of technical production underwriters.
The role will report to Senior Vice President of Environmental.
Underwriter - Surety
Underwriter job in Middleton, WI
Job Description
for someone in the Greater Cleveland Region. *
*We may consider someone for a Senior Underwriter role with the right experience**
At CapSpecialty, we are a specialty underwriting company being driven by well-informed, entrepreneurial and proactive employees. Come join our exciting company where you can really make an impact, and each individual's unique skills and talents are recognized and valued. You will find an accessible leadership team that welcomes opinions and ideas. We owe much of our success to our collaborative environment and set of three guiding principles rooted in customer-centricity, employee excellence and corporate culture.
We offer competitive compensation and benefits packages - including an innovative open vacation plan, generous paid sick and parental leave, fully vested matching 401k, company-paid group term life insurance and short- & long-term disability plans, professional and educational growth opportunities, flexible and casual work environment, and recognition for exceptional performance. Please see our full list of Total Rewards here.
CapSpecialty is seeking an Underwriter for our Ohio Surety Team who will generate profitable commercial Surety & Fidelity business by managing the book of business through underwriting assigned territory, building working relationships with agents and co-workers, and participating in account underwriting and manager's meetings.
Duties/Responsibilities:
Independently produce more complex accounts/programs from startups to Fortune 500 account types. Analyze all facets of a financial statement and forecast the future impact the financial results will have on any account within its industry.
Independently compile all underwriting information to assess overall risk, making a sound credit decision w/appropriate pricing, collateral, or other security. Approve and maintain good accounts for profitability by underwriting new submissions, renewals, and credit drawers.
Research and generate new business leads & independently develop business relationships, cultivating them through strong customer service. Articulate CapSpecialty's risk appetite & business philosophies to assigned agents/brokers.
Demonstrate leadership skills in everyday business environment by training and mentoring underwriting team in underwriting concepts & corporate philosophies. Exhibit understanding of the “big picture” and overall goals of our organization. Review and respond to recommendations of Underwriters, working with them to help them learn more in depth principles of underwriting to advance in their respective careers.
Determine what underwriting guideline changes are needed by investigating and reporting on bond claims and losses.
Participate in the account underwriting meetings to assist in the approval of large risks and the establishment of departmental policies and procedures.
Participate in off-site training seminars to develop leadership skills.
Perform industry networking by participating in agency functions and visits.
Supervisory Responsibilities:
None.
Core Competencies:
Bond analysis skills, including an understanding of procedures and rates, as well as knowledge of specified territory including agency plant, accounts, and competition and general business climate. Working knowledge of Capitol's reinsurance treaty (ies) and limitations.
Ability to utilize MS Office software and communicate effectively, both verbally and in writing.
Ability to effectively collaborate in a team environment, while working independently.
Fundamental ability to analyze all facets of a financial statement and tie together all statements including the statement notes.
Fundamental knowledge on how to apply both vertical and horizontal financial trending (i.e. liquidity, profitability, and debt coverage ratios, etc.) to forecast the future impact the financial results will have on any account within its industry.
Ability to analyze and demonstrate thorough understanding of credit as it relates to the risk.
Understanding of contracts and statutes.
Fundamental understanding of indemnity agreements.
Education and Experience:
Bachelor's Degree, or equivalent.
1+ years of direct underwriting experience.
Completed or working towards an Associate in Fidelity and Surety Bonding (AFSB) designation preferred.
Physical Demands:
Prolonged periods of sitting at a desk and working on a computer.
May be required to lift up to 10 lbs. at times.
May require business travel up to 20%.
CapSpecialty is a leading provider of specialty insurance and bonds for small- to mid-sized businesses in the U.S., offering casualty, professional liability, surety and fidelity products in all 50 states and the District of Columbia. By working with select partners through a limited distribution model, CapSpecialty's creative, hard-working team provides personalized service and cultivates mutually successful partnerships to deliver positive results. CapSpecialty is an operating subsidiary of Berkshire Hathaway, and its carriers have an A ("Excellent") rating from A.M. Best, writing both admitted and non-admitted policies. For more information, please visit CapSpecialty.com.
Apply today!
Equal Employment Opportunity Employer
Powered by ExactHire:189722
Underwriter
Underwriter job in Illinois
We're thrilled that you are interested in joining us here at the Amynta Group!
To be filled
To be filled
The Amynta Group (the “Company”) is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of any ground of discrimination protected by applicable human rights legislation. The information collected is solely used to determine suitability for employment, verify identity and maintain employment statistics on applicants.
Applicants with disabilities may be entitled to reasonable accommodation throughout the recruitment process in accordance with applicable human rights and accessibility legislation. A reasonable accommodation is an adjustment to processes, procedures, methods of conveying information and/or the physical environment, which may include the provision of additional support, in order to remove barriers a candidate may face during recruitment such that each candidate has an equal employment opportunity. The Company will accommodate a candidate to the point of undue hardship. Please inform the Company's personnel representative if you require any accommodation in the application process.
Auto-ApplyUnderwriter - Allied Healthcare, Programs
Underwriter job in Chicago, IL
You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.
Under broad supervision, responsible for underwriting risks in a book of business. Works within limited authority on assignments of moderate technical complexity. Utilizes underwriting policies and guidelines, rating manual rules and insurance laws and regulations.
JOB DESCRIPTION:
Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:
Reviews applications and financial requirements for risks requiring moderate technical underwriting skills. Determines acceptability of risk in accordance with company guidelines and standards.
Recommends appropriate pricing and coverage modifications or enhancements for risks after complete analysis and consideration of applicant documentation, business factors and competitive situations.
Prepares quotes and answers questions from agencies, internal and external contacts and escalates issues as necessary.
Prepares written communication on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations. Verbally notifies agents of decisions where appropriate in order to ensure clear understanding of the decision.
Analyzes quality, quantity, and profitability of risks underwritten and prepares reports for management review.
May assist in marketing products and services through agencies or through the brokerage community and makes field visits.
Develops and maintains positive agency and/or broker relationships to ensure positive outcomes.
Keeps current on state/territory issues, regulations and trends.
Works with more senior underwriters or management on risks exceeding authority level or requiring special handling.
Develop proficiency in all relevant CNA systems. Also, may update the underwriting systems.
Skills, Knowledge & Abilities
1. Knowledge of underwriting and insurance industry theories and practices.
2. Developing technical expertise and negotiation skills.
3. Strong interpersonal and communication skills. Ability to effectively interact with all levels of CNA's internal and external business partners.
4. Ability to work independently.
5. Strong ability to identify, analyze and solve problems as well as the ability to learn rapidly, adapt quickly to change, and to manage and prioritize multiple concurrent projects.
6. Ability to exercise independent judgment and make sound business decisions effectively.
7. Knowledge of Microsoft Office Suite as well as other business-related software.
8. Demonstrated leadership skills
Education & Experience
1. Bachelor's degree or equivalent experience.
2. Completion of a formal underwriting training program or minimum one year underwriting experience.
#LI-KC2
#LI-Hybrid
In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia, California, Colorado, Connecticut,
Illinois
,
Maryland,
Massachusetts
,
New York and Washington,
t
he national base pay range for this job level is $47,000 to $78,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees - and their family members - achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA's benefits, please visit cnabenefits.com.
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact ***************************.
Auto-ApplyCopy of Underwriter (Commercial)
Underwriter job in Schaumburg, IL
Full-time Description
Demonstrates ability to independently review and approve applications submitted and renewals in accordance with carrier guidelines, procedures and delegated authority.
Responds to referrals or traditional submissions from broker partners through point-of-sale system within standard timeframes.
Determines appropriate pricing by either applying predictive model results or recommended deviation in conjunction with Underwriting leadership.
Established proficiency with loss rating, composite rating and other non-traditional rating methods.
Prepares quotes, issues policies and follows up for completion of quote subjectivities.
Prescreening of renewal business and makes recommendations for non-renewal.
Ability to work autonomously and think creatively.
Accountability for results of assigned Territory and/or Brokers. Must be able to understand cause and effect of any adverse result and make recommendations to management for an effective solution.
Keep current with changing trends, economic indicators, competitors and state regulations.
Maintains professional and technical knowledge by attending educational workshops, reviewing professional publications, establishing personal networks, participating in professional societies.
Contribute to team effort by accomplishing established department goals.
Other duties as assigned.
Requirements
Bachelor's Degree or equivalent work experience
Minimum of 1-year Commercial Auto Underwriting experience.
Demonstrated knowledge of Underwriting principles and ISO rules.
Ability to manage, prioritize and perform multiple tasks and projects while maintaining workload.
Effective interpersonal, communication and time management skills.
Ability to work collaboratively with our internal and external customers.
Knowledge of Microsoft Office products including Word and Excel.
Ability to travel overnight 10% of the time.
Anchor Group Management Inc. Benefits
Medical, Dental, Vision, FSA and HSA Plans. Employer annual contribution to HSA plan
Employer sponsored basic life and basic life AD&D insurance, short term disability
Voluntary life insurance
Voluntary long term disability
Voluntary Ancillary benefits: Accident-Hospital-Critical Illness
401K with Fidelity
401K employer match
Transportation Stipend
Salary Description range $50,000 to $73,000
Case Underwriter II
Underwriter job in Madison, WI
Trustmark's mission is to improve wellbeing - for everyone. It is a mission grounded in a belief in equality and born from our caring culture. It is a culture we can only realize by building trust. Trust established by ensuring associates feel respected, valued and heard. At Trustmark, you'll work collaboratively to transform lives and help people, communities and businesses thrive. Flourish in a culture of diversity and inclusion where appreciation, mutual respect and trust are constants, not just for our customers but for ourselves. At Trustmark, we have a commitment to welcoming people, no matter their background, identity or experience, to a workplace where they feel safe being their whole, authentic selves. A workplace made up of diverse, empowered individuals that allows ideas to thrive and enables us to bring the best to our colleagues, clients and communities.
**About the role**
Trustmark is looking for a Case Underwriter to join the organization.
Responsible for providing timely and accurate underwriting offers, while adhering to pricing and profit objectives. Develops partnership with Sales to maximize ability to sell new/maintain existing business. Stays current with our Administrative, Enrollment, Broker, and Enrollment Company capabilities and processes.
**Key Accountabilities**
+ Processes, reviews, analyzes and makes informed underwriting decisions for assigned territory. All cases are reviewed with manager or higher level underwriter until proficiency is achieved. At full proficiency, underwriting authority is a maximum of 5,000 life case or $500,000 of annualized premium.
+ Reviews enrollment and participation trends in assigned territory and makes recommendations to optimize opportunity for sales while minimizing risk.
+ Provides monthly updates on sold case successes and failures as it relates to access and participation for Guarantee Issue cases.
+ Continually asks questions to grow and better understand our products and procedures. Develops and grows relationship with Implementation Managers to gain their confidence in decisions.
+ Understands non-standard broker arrangements and enrollment company strengths and weaknesses.
+ Identifies elements of a successful enrollment and makes recommendations that will create value.
+ Works with reinsurer on cases that require facultative review.
**Minimum Requirements**
+ Bachelor's Degree and/or 2 - 4 years of related experience OR High School Diploma or GED with 4-6 years of related experience.
The compensation range for this role is (based on the corporate location in Lake Forest, Illinois):
$61,412.00 - $88,706.00 per year
The final salary offer will be determined based on factors such as location, qualifications, experience, skill set, and other relevant factors. This position may also be eligible for bonus. We understand that compensation is an important factor when considering a new opportunity, and we strive to provide a competitive salary within the market.
Brand: Trustmark
In addition to compensation, we offer a comprehensive benefits package that includes: Health/dental/vision, life insurance, FSA and HSA, 401(k) plan, Employee Assistant Program, Back-up Care for Children, Adults and Elders and many health and wellness initiatives. We also offer a Wellness program that enables employees to participate in health initiatives to reduce their insurance premiums. For questions about compensation and benefits, please speak to the Recruiter if you decide to apply and are selected for an interview.
Trustmark is committed to leveraging the talent of a diverse workforce to create great opportunities for our people and our business. We are an equal opportunity employer, including disability and protected veteran status.
Join a passionate and purpose-driven team of colleagues who contribute to Trustmark's mission of helping people increase wellbeing through better health and greater financial security. At Trustmark, you'll work collaboratively to transform lives and help people, communities and businesses thrive. Flourish in a culture where appreciation, mutual respect and trust are constants, not just for our customers but for ourselves.
Introduce yourself to our recruiters and we'll get in touch if there's a role that seems like a good match.
When you join Trustmark, you become part of an organization that makes a positive difference in people's lives. You will play a vital role in delivering on our mission of helping people increase wellbeing through better health and greater financial security. Our customers tell us they simply appreciate the personal attention and knowledgeable service. Others tell us we've changed their lives.
At Trustmark, you'll be part of a close-knit team. You'll enjoy abundant opportunities to grow your career. That's why so many of our associates stay at Trustmark and thrive. Trustmark benefits from more than 100 years of experience but pairs that rich history with a palpable sense of optimism, growth and excitement for what's ahead - and beyond. This is a place where associates bring their whole selves to work each day. A place where you can be yourself. Whatever your beyond is, you can achieve it at Trustmark.
FM Affiliated Production Underwriter (I, II, III or Sr.)
Underwriter job in Park Ridge, IL
FM Affiliated is looking for a Production Underwriter to join the Chicago Office. This unique opportunity to be a part of the largest FM Affiliated office is extremely important because the FM Affiliated Production Underwriter is responsible for both new business production as well as renewal retention while maintaining underwriting profit and protecting the company's assets. The Production Underwriter demonstrates team leadership and initiative, good judgment, and decision-making skills.
**We are open to considering candidates with a variety of experience levels for this role. Both mid-level and senior-level candidates are encouraged to apply.**
The Production Underwriter must effectively market FM Affiliated products and services to a network of producers with whom long term relationships are developed, maintained, and cultivated. The FM Affiliated production underwriter is responsible for profitable risk selection, negotiation of pricing, terms, and conditions, and using creative underwriting strategies to optimize net retentions that effectively balance both customer and company needs. The Production Underwriter is responsible to coordinate account team resources to provide excellent and responsive services that add value to our broker and customer relationships.
The Production Underwriter works closely with Account Engineers to review renewal and new business opportunities to ensure proper risk identification, analysis, and assessment in order to ensure the development and growth of a profitable portfolio of business in the Chicago territory. FM Affiliated Production Underwriters primary relationships are with Brokers and reinsurers for insurance-related issues. Responsibilities include meeting specific profit, production, and retention goals as developed in consultation with Regional and Area manager. Multiple business contacts must be established, and an effective program of calls must be executed averaging 8-10 face-to-face visits a month to ensure high visibility.
New risks must be pre-qualified based on acceptability today and its future potential. This includes a thorough analysis of the broker submission, desired pricing, terms and conditions, financial condition, adequacy of reported values, and loss experience.
The company's assets must be protected by adhering to company underwriting standards and procedures. This will include determining the amount subject and net capacity commitment, in addition to checking cross liability, managing catastrophe aggregate retentions, negotiating, and purchasing reinsurance and establishing commissions in a manner most advantageous to the company.
+ This position requires someone with a bachelor's degree or equivalent combination of education and experience.
+ 2 years of commercial underwriting experience Candidate must also have experience dealing with a variety of occupancies as well as current engineering and underwriting issues such as current property coverages and forms, and/or quickly learn and keep updated on industry state of the art.
+ Additionally, this person will be proficient in and have excellent organizational, time management, problem solving, decision making, interpersonal and selling skills and a working knowledge of MS Office products.
The final salary offer will vary based on geographic location, individual education, skills, and experience. The position is eligible to participate in FM Global's comprehensive Total Rewards program, which includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances, and much more. FM Global is an Equal Opportunity Employer committed to attracting, developing, and retaining a diverse workforce.
Senior Underwriter
Underwriter job in Madison, WI
When you join the team at Unum, you become part of an organization committed to helping you thrive. Here, we work to provide the employee benefits and service solutions that enable employees at our client companies to thrive throughout life's moments. And this starts with ensuring that every one of our team members enjoys opportunities to succeed both professionally and personally. To enable this, we provide:
+ Award-winning culture
+ Inclusion and diversity as a priority
+ Performance Based Incentive Plans
+ Competitive benefits package that includes: Health, Vision, Dental, Short & Long-Term Disability
+ Generous PTO (including paid time to volunteer!)
+ Up to 9.5% 401(k) employer contribution
+ Mental health support
+ Career advancement opportunities
+ Student loan repayment options
+ Tuition reimbursement
+ Flexible work environments
**_*All the benefits listed above are subject to the terms of their individual Plans_** **.**
And that's just the beginning...
With 10,000 employees helping more than 39 million people worldwide, every role at Unum is meaningful and impacts the lives of our customers. Whether you're directly supporting a growing family, or developing online tools to help navigate a difficult loss, customers are counting on the combined talents of our entire team. Help us help others, and join Team Unum today!
**General Summary:**
The Senior Underwriter will demonstrate strong risk evaluation, selection and retention of profitable business within assigned authority limits. This also requires a strong ability to partner with Company sales teams, brokers and all internal partners.
**Principal Duties and Responsibilities**
+ Consult with sales and service partners to provide the products and plan options that best meet the needs of our customers.
+ Evaluate and select risk to ensure the profitable acquisition of new cases and the continued profitable retention of in force cases.
+ Conduct high quality risk assessments on all cases to assure business guidelines, target profit and metrics are met. Identify and analyze risk trends, making recommendations for addressing these
+ Maintain a fully developed knowledge of the Company's products, the sales, implementation, and enrollment processes, and market place influences
+ Deliver dependable, accurate, and timely service while maintaining relationships with internal and external partners
+ Assist with training, technical development and mentoring more junior underwriters
**Job Specifications**
+ Bachelors degree or equivalent, relevant business experience
+ Demonstrated, consistent proficiency at Underwriter level
+ Fully developed knowledge of product provisions, plan designs, pricing and contractual benefits
+ Strong technical expertise in risk selection
+ Demonstrated understanding of top-line and bottom-line objectives
+ Exhibit strong knowledge of sales/distribution process and market trends
+ Solid mentoring and coaching skills
+ Strong creative problem solving skills
+ Strong critical thinking/analytical reasoning skills
+ Strong communication skills, both verbal and written
+ Strong organizational skills and ability to handle multiple priorities
+ Strong ability to be persuasive and to negotiate
+ Demonstrated ability to work both independently and in a team environment
+ Exhibit a strong commitment to quality and personal ownership of results
\#LI-JQ1
~IN1
Unum and Colonial Life are part of Unum Group, a Fortune 500 company and leading provider of employee benefits to companies worldwide. Headquartered in Chattanooga, TN, with international offices in Ireland, Poland and the UK, Unum also has significant operations in Portland, ME, and Baton Rouge, LA - plus over 35 US field offices. Colonial Life is headquartered in Columbia, SC, with over 40 field offices nationwide.
Unum is an equal opportunity employer, considering all qualified applicants and employees for hiring, placement, and advancement, without regard to a person's race, color, religion, national origin, age, genetic information, military status, gender, sexual orientation, gender identity or expression, disability, or protected veteran status.
The base salary range for applicants for this position is listed below. Unless actual salary is indicated above in the job description, actual pay will be based on skill, geographical location and experience.
$53,300.00-$100,700.00
Additionally, Unum offers a portfolio of benefits and rewards that are competitive and comprehensive including healthcare benefits (health, vision, dental), insurance benefits (short & long-term disability), performance-based incentive plans, paid time off, and a 401(k) retirement plan with an employer match up to 5% and an additional 4.5% contribution whether you contribute to the plan or not. All benefits are subject to the terms and conditions of individual Plans.
Company:
Unum
Mortgage Underwriter
Underwriter job in Moline, IL
Job Description
Join Our Team as a Mortgage Underwriter at IHMVCU!
IHMVCU is committed to helping our members achieve homeownership and financial goals by offering mortgage solutions. We are seeking a highly skilled Mortgage Underwriter with a background in secondary market lending and home equity underwriting to join our team and play a critical role in assessing risk, ensuring compliance and supporting our operations.
This role will enjoy a hybrid working environment at our beautiful headquarters located on River Drive in Moline, IL. This facility includes a comfortable office environment with an on-site gym facility.
Education and Experience:
Two-year college degree or equivalent combination of education and experience.
Minimum of 2 years of experience in Mortgage Lending Experience, with emphasis on secondary market and home equity underwriting.
Excellent communication and interpersonal skills, with the ability to collaborate effectively.
Strong analytical skills with a strong attention to detail and commitment to accuracy.
Ability to work independently, manage multiple tasks and meet deadlines in a fast-paced environment.
High level of integrity and commitment to member service.
What are some of the responsibilities of a Mortgage Underwriter?
Evaluate, analyze, and approve/deny loan applications within guidelines established by each investor in a timely manner -no more than 48-hour turn around time. Clear underwriting conditions for final approval and closing of loan.
Coordinate with mortgage team in analyzing and solving situations that may arise in the mortgage application and loan process. Offer alternative suggestions when loan cannot be approved as submitted.
Understand and apply all federal and state regulations governing credit union lending, with particular emphasis on rules and regulations governing mortgage lending.
Continuing education as needed to remain current with underwriting guidelines, investor requirements and regulatory policies. Have comprehensive knowledge of all mortgage loan products and programs available through the credit union as well as our affiliate relationships.
Being a team member of IHMVCU is more than just a job, we want to make differences in the communities we live in and serve. Check out our careers page for more information including benefits ********************** Final compensation will be determined by various factors such as experience, specific skills and internal pay equity.
Move Up your career at IHMVCU with this great opportunity!
Physical Requirements
Sitting: Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
Talking: Expressing or exchanging ideas by means of the spoken word; those activities where detailed or important spoken instructions must be conveyed to other workers accurately, loudly, or quickly.
Hearing: Perceiving the nature of sounds at normal speaking levels with or without correction and having the ability to receive detailed information through oral communication and making fine discriminations in sound.
Finger, handle, touch: Picking, pinching, typing or otherwise working, primarily with fingers rather than with whole hand or arm as in handling. Applying pressure to an object with the fingers and palm.
Visual Demands: Visual acuity to do things such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading;
Lifting Demands: Up to 10 lbs.
Mortgage Underwriter
Underwriter job in Springfield, IL
About Us SolomonEdwardsGroup, LLC ("SolomonEdwards") is a full-service professional services firm offering financial, operational, and technology consulting and operations support. We work with some of the world's most prominent companies to help them envision and achieve a better future. We know that our consulting services are only as meaningful as the people and talent behind them, and we are committed to recruiting incredibly talented, committed, collaborative individuals who can help us deliver exceptional client service. For more information, visit SolomonEdwards
Position Summary:
SolomonEdwards is looking for a Mortgage Fulfillment Underwriter for one of its mortgage clients to ensure the assets reviewed meet all applicable investor guidelines, through a complete knowledge of requirements and regulations. You will be held accountable for the quality and accuracy of decisions.
Position Locations:
Phoenix, AZ
Tampa, FL
St. Louis, MO
Plano, TX
Moorpark, CA
Pasadena, CA
Essential Duties:
- Decisions full range of mortgage loans, preferably including FHA loans.
- Review all mortgage applications and documentation for accuracy and completeness.
- Work with clients to prepare mortgage applications and related documentation as needed, and help resolve any outstanding issues.
- Work with compliance officers to ensure Federal, State, and local compliance with all mortgage and loan materials.
- Approve or deny mortgages on a timely basis.
- Perform other related duties as required and assigned.
- Demonstrate behaviors that are aligned with the organization's desired culture and values.
Qualifications:
- Bachelor's degree or equivalent work experience.
- 3+ years of mortgage underwriting experience required.
- Knowledge of mortgage laws and regulations required, including the Home Mortgage Disclosure Act.
- Knowledge of state and federal agency mortgage loan guidelines and regulations is helpful.
Skills and Job-Specific Competencies:
- Solid knowledge of mortgage underwriting and basic automated underwriting systems.
- Proficiency with basic automated underwriting systems.
Travel Requirements: No travel will be required, unless at the client's discretion.
Physical Requirements: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be provided to qualified applicants or candidates with disabilities upon request to enable them to perform essential functions. This role may require mobility to attend in-person meetings, sitting or standing for extended periods, and the use of telephone, computer, or other electronic communication devices.
Salary Range: SolomonEdwards values your unique and individual experience and background. As such, we take a comprehensive approach when determining compensation for our roles. The compensation for this specific role is based on a wide range of factors, including but not limited to, education, licensure and certifications, location, experience, and training. A reasonable estimate for the current hourly range for this role is $26 - 36.
Benefits: We are committed to providing health and financial stability by offering a comprehensive suite of benefits. Benefits include access to top-tier employers and job opportunities, health insurance, sick leave, and 401(k).
Inclusion and Diversity Statement: SolomonEdwards is an Equal Opportunity/Affirmative Action employer. We firmly believe in fostering an inclusive and diverse workplace environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, veteran status, or any other characteristic protected by applicable laws. All employees, including managers and supervisors, are responsible for upholding our EEO and diversity principles. Discrimination or harassment of any kind will not be tolerated.
We value the contribution and wisdom of the team. At SolomonEdwards, we have built a vibrant and inclusive community. Our team members are curious, committed, and diverse. In keeping with our mission to build value through people, we cultivate a culture where differences are celebrated, and all members are treated fairly and equitably. Employees, business partners, and our extended stakeholder family are empowered to share their experiences, ideas, and perspectives; and to be their whole selves.
Privacy: We adhere to the California Consumer Privacy Act (CCPA). Your privacy is important to us, and we never sell your data to third parties. Personal information is only collected to match applicants with job opportunities. Copy/paste this URL to learn more about your rights: SolomonEdwards' Privacy Policy.
Our Recruiter Promise: Our talent acquisition team prioritizes integrity, professionalism, and transparency in every interaction. When you engage with SolomonEdwards, you can trust a respectful, secure experience from verified contacts. Copy/paste this URL to learn more about how we protect your candidate experience: Recruiter Promise.
Job Ref: 141866
### Place of Work
On-site
### Requisition ID
141866
### Application Email
****************************
Easy ApplyCommercial Underwriter III
Underwriter job in Madison, WI
Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.
We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of
Impact Network Groups
led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.
Responsibilities
Salary Range
The salary range for this position is $60,000 - $165,100 per year plus bonus. Final compensation will be determined by location, skills, experience, qualifications and the career level at which the position is filled.
We are growing and have opportunities for Commercial Underwriters/Credit Analysts for Agriculture. This role has the primary responsibility of underwriting lending opportunities, balancing risk and growth ensuring loan structures are appropriate and consistent with bank lending standards. You will assign an appropriate asset quality rating, in a fast-paced, high volume environment completing a detailed financial analysis to obtain a deeper understanding of an application's credit risk. You will collaborate with Relationship Managers, and internal support staff to provide credit expertise to underwrite and monitor the portfolio.
We are an in-office working environment with the following locations for you to work with team members; Fargo ND, MN (St Cloud, Mankato, Capella Building, St Paul, Lake Elmo, Rochester). IL (8750 W. Bryn Mawr Chicago (near Rosemont and the Cumberland Blue line station), Hickory Hills, Sycamore, Moline, Galesburg, Joliet, Danville), IN (Indianapolis, Carmel, Jasper, Bloomington, Muncie, Lafayette, Evansville), Louisville, and Nashville.
Key Accountabilities
Underwrite Loans
Underwrite credit requests focusing on appropriate due diligence, risk assessment and asset quality ratings (AQR)
Meet quality standards as outlined in ONB underwriting guidelines and policy; evaluation by Loan Review, OCC, and/or others may identify unacceptable underwriting or inaccurate asset quality ratings (AQR)
Meet or exceed productivity expectations for annual credit approval memorandum (CAM) volume
Produce high quality and accurate analysis while also not sacrificing efficiency in a fast-paced, high volume environment juggling multiple requests while adhering to client driven response timelines, etc.
Partner with respective Relationship Managers as well as Treasury Management Partners
Provide credit expertise using a consultative approach; assist in structuring loans applying proficient knowledge, understanding, and application of ONB guidelines/standards/policies, risk assessment and analysis; effectively communicate risks, questions, and options to RM seeking win-win solutions.
Deliver exceptional internal customer service and adopt new processes and new tools, as available.
Develop and enhance knowledge of assigned segmentation and portfolio by leveraging internal and external resources and expertise
Partner well with associates on revenue generating sales team, support teams and others in Credit to ensure a collaborative, team, and empowered environment
Monitor Portfolio
Accurately assign asset quality ratings (AQR)
Work with assigned Relationship Managers to monitor the credit portfolio to maintain strong asset quality; review trend analysis reports, address default situations, delinquencies, review maturing notes, receipt of financial information, review covenant default and Borrowing Base Certificate (BBC) reports and other reports as appropriate.
Prepare credit data in Special Assets Assessment and Action Summary (SAAAS) and Upgrade Hurdles, as necessary, working with assigned Relationship Managers
Commercial Underwriters may monitor overlines and Treasury Management/ACH risk reports or other trends, as appropriate
Key Competencies for Position
Cultural Leadership:
Communication - effectively shares information and ideas with individuals and groups; displays self-awareness and self-management, tailors the delivery to the audience, and selects suitable delivery methods.
Collaboration - actively seeks, develops and maintains trusted relationships with others to achieve business goals and objectives.
Execution Leadership:
Drive and Execution - committed to achieving established goals, overcoming obstacles, and continuously learning; focuses on ways to succeed by changing strategies, increasing effort, using varying approaches; seeks and leverages opportunities to collaborate with others to achieve results; consistently achieves performance targets.
Problem Solving/Decision Making - with minimal oversight, seeks to identify what caused an issue; incorporates input from multiple sources (e.g., lines of business, subject matter experts, data, policies, procedures, etc.) to ensure effective action and shared ownership; decisions are sound based on what was known at the time and are based on a blend of analysis, wisdom, experience, and judgement.
Adaptability - flexible and agile (can be a utility player); modifies behavior and approach in order to deal effectively with changing business needs, conditions, work responsibilities and requirements, and client needs; maintains effectiveness when experiencing change; accepts new challenges/shifts/change in a "can-do" way; focuses on the beneficial aspects of change
Technical Knowledge - possesses the required technical knowledge to perform the role effectively; continuous learning to adopt new trends or expertise; applies credit and banking expertise, industry knowledge, skills and abilities to demonstrate and sustain a depth and breadth of applicable technical underwriting knowledge
Client Leadership:
Client Leadership - Puts the (internal and/or external) client in the forefront; strives to delight clients/partners by becoming a trusted advisor, establishes long-term productive relationships by viewing and understanding outcomes and operations through the eyes of the client, identifying and acting upon needs, and delivering increased value
Qualifications and Education Requirements
At least 3 + years progressive Agriculture underwriter experience is required. More experience for higher level positions is required.
Prefer familiarity with syndicated loan transactions.Prefer MBA, CFA, or CPA.
Demonstrated ability to independently understand, analyze and interpret financial statements
Understands and takes appropriate action related to risks associated with lending to various types of industries.
Highly skilled with loan structuring, borrowing causes and lending regulations; ability to comply and conform to ONB lending policies, guidelines and standards
Must be able to make sound independent decisions and communicate those decisions clearly and effectively to the internal/external client quickly given the high volume, fast-paced environment
Must be able to actively listen, quickly identify issues as well as opportunities when they arise, and problem solve in real-time to move the work accordingly
Must feel comfortable working in a collaborative team environment along with being an independent thinker.
Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.
As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.
We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, to fill a specific position.
Our culture is firmly rooted in our core values.
We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical. We are Old National Bank.
Join our team!
We can recommend jobs specifically for you! Click here to get started.
If you're qualified for a position but need additional help with the application because of a disability, please email ************************** (This email will respond to accommodation requests only.)
Auto-ApplyUnderwriter Trainee, Individual Disability Income Insurance
Underwriter job in Peoria, IL
Job Title: Underwriter Trainee, Individual Disability Income Insurance
Department: Underwriting Reports To: Jennifer Smith Job Type: Full Time
Commitment to Core Values
At Illinois Mutual, our culture is built around our four core values. These values shape how we operate and define our expectations of each team member's contributions:
Be honest, reliable and respectful
Think of other first
Work together to create results
Stand out with personal, caring service
Job Summary
The Underwriter Trainee underwrites individual disability income insurance applications, within guidelines set for the issuance of policies on a standard or substandard basis. The Underwriter Trainee works very closely with the Underwriting management, supervisor and/or higher-level underwriters who initially reviews all Underwriter Trainee work.
Primary Responsibilities
Facilitate the sales process while underwriting application files by ensuring reasonable and timely underwriting decisions within established service level objectives.
As directed, may have contact with the field force to gather information on which to base decisions.
May be granted authority to approve applications up to specific standards (or better) and substandard limits.
Submits for review by superiors those applications requiring higher ratings or amounts in excess of prescribed limits.
Learn about the Disability insurance industry, the Company, its products, services, underwriting and the position.
Timely, consistent and progressive assimilation of the knowledge and skills necessary to achieve a level of self-sufficiency warranting promotion to the position of Underwriter.
Comply with applicable rules procedures, regulations and laws
Attend meetings and complete specific underwriting related projects as directed
Anticipated Salary: $51,600 - $53,600
Benefit Overview: We strive for our employees to feel appreciated and supported, both professionally and personally. Our comprehensive benefit and discount package that meets a variety of needs is one way we demonstrate this. Some of our most admired benefits include:
Compressed 4 1/2-day work week (Half-Day Fridays)
No monthly premium cost for employee medical, life and disability insurance coverage
Paid time-off accrual, including annual rollover; and paid holidays
Competitive 401(k) plan with immediate vesting on Company contributions
Discounted on-site employee cafeteria
On-site exercise facility and company-provided exercise time
Tuition reimbursement and training incentives
Access to voluntary dental and vision insurance coverage
Qualifications
Bachelor's degree required - preferably in Insurance, Risk Management, Accounting, Finance or similar discipline
Strong service-oriented work ethic to understand, anticipate and satisfy customer business needs
Excellent communication (written and verbal), analytical, organizational and problem-solving skills
Goal oriented, results driven, accountable and reliable
Demonstrate integrity, a positive attitude, sound judgment and attention to detail
Ability to multi-task in a fast past environment while under pressure to perform
Self-motivated with the ability to learn on your own to supplement training provided
Ability to learn quickly, adapt to change and work independently
Work well in a team environment, excelling both individually and collectively
Basic computer skills to include proficiency with Microsoft Office programs (Word, Excel, Outlook)
Bilingual proficiency a plus
Required Competencies (Proficiency Level)
Accountability (1)
Continuous Learning (1)
Customer Focus (1)
Integrity (1)
Organizational Awareness (1)
Teamwork (1)
This job description is intended to provide a general overview of the position and does not include every detail of the role. Responsibilities and expectations may be subject to change based on Company needs.
Illinois Mutual is an equal opportunity employer.
Associate Insurance Underwriter - Commercial Lines
Underwriter job in Chicago, IL
At Amwins, we succeed together - and have a good time doing it. We know people don't leave companies. They leave cultures - which is why we work so hard on ours. At Amwins, we thrive on collaboration, not cutthroat competition. Our teams work together to help each other succeed, and we do right by our clients so they can do right by theirs.
First and foremost, we invest in our employees. That investment shows in everything we do; education and development programs, comprehensive and competitive benefits, and an organizational structure that's 43% owned by employee shareholders.
Our commitment to diversity, equity and inclusion helps cultivate an open, welcoming workplace that reflects the communities we serve. You will have the opportunity to volunteer within Amwins through a wide range of committees and in your community through the Amwins Foundation and Summer of Service.
Working at Amwins means you love what you do, how you do it and, ultimately, who you do it with. Whether it's today or 150 years from now, we continue to invest in our culture and your development so opportunities for growth and career advancement are never in short supply.
Learn more about us at amwins.com.
We see you in Amwins blue!
Join our Amwins Access team in Chicago as an Associate Underwriter!
This is a full time, in office position in our Chicago office.
Snapshot of what Amwins provides to our team members:
* Compensation includes a salary commensurate with experience
* Annual bonus potential
* Broad benefits package available
* Most benefits available first day of employment
* Medical, Dental, Vision, Life, etc
* Parental Leave, Adoption Assistance, Travel Reimbursement for healthcare, Retail Discount Program, Scholarships for dependents of Amwins employees, etc
* Generous Paid Time Off and Company Holiday Schedule
* Collaborative, continuing education focused work environment
* Career advancement opportunities
Each Associate Underwriter provides vital team functions:
* Review submission information required to issue new or renewal quotes
* Rating and preparation of new or renewal quotes as directed by Underwriter
* Review and handling of inspection recommendations and discrepancies
* Monitor various reports for consistency
* Potential for policy issuance and endorsement processing, including audits
* Assist in accounting procedures such as invoicing
* Data entry into multiple internet based systems
We are looking for people with:
* At least 1 year of prior insurance experience
* Wholesale insurance experience preferred!
* Exceptional communication skills, organization, professionalism and customer-service mentality
* Excellent computer skills including Microsoft 365 proficiency with an emphasis in Excel spreadsheets
Pursuant to Illinois regulation, the compensation range for this position is $58,700 to $65,000 and includes eligibility for performance-based bonuses.
The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Commercial Underwriter II
Underwriter job in Fond du Lac, WI
Job Information
Job Title
Commercial Underwriter II - Wisconsin Territory
Home Department:
Commercial Underwriting
Employment Status:
Exempt; Full-time
Schedule:
40 hours/week with Flexible Scheduling Opportunities
Position Location:
Remote/Telecommuting Options
We are targeting candidates located in Wisconsin.
Overview
Protecting our policyholders dreams, passions, and livelihoods has a direct impact on the communities we serve. We work towards excellence, conduct ourselves with high integrity, and take our work seriously, but not ourselves. Small Details. Big Difference. Find out how you can make a difference with a career at Society.
Society Insurance is seeking an experienced Commercial Underwriter II to join our team. This position will develop and maintain a profitable book of business consisting of primarily small-business accounts by acquiring, evaluating, and analyzing information relative to risks to make selection and pricing decisions. This book will include in part underwriting: bars, restaurants, breweries/wineries, food manufacturing, habitational, grocery, auto repair, lessors risk, retail, wholesale, and more!
About the Role
Acquires, evaluates, and analyzes information relative to risk to make selection and pricing decisions.
Evaluates renewal and new business accounts for acceptability.
Will have sole responsibility for agencies as assigned according to territory needs.
Builds and maintains positive professional relationships with agents and Regional Sales Managers.
Analyzes risk control surveys; identifies opportunities to maximize profitability; and mitigates risks and exposures.
Provides training and mentorship to team members.
About Yo
u
You are self-starter who is motivated, driven, and goal-focused.
You learn new skills quickly and like to keep up on industry standards.
You have an entrepreneurial spirit.
You enjoy working with others and building relationships.
You remain calm under pressure.
You can negotiate skillfully in tough situations.
You can manage multiple responsibilities and stay on top of time-sensitive tasks.
What it Will Take
Bachelors degree in business, insurance, or related field and 2+ years of commercial underwriting experience OR 4+ years of commercial underwriting experience with accounts similar to Societys core products.
Continuing education in the insurance field and earning designations (i.e., CPCU, CIC, ARM).
Proficient using desktop applications such as Microsoft Word and Excel.
What Society Can Offer
Comprehensive Benefits Package: Salary with bonus plan; health, dental, life, and vision insurance
Retirement: Traditional or Roth 401(k) Defined Contribution Plan PLUS Profit-Sharing Plan
Work-Life Balance: Company-paid holidays; flexible scheduling; PTO; telecommuting options
Education: Career Coaching; company-paid courses; student loan and tuition reimbursement
Community: Charitable Match; paid volunteer time; team sponsorships
Wellness: Employee Assistance Program; wellness initiatives/rewards; health coaching; and more
Society Insurance prohibits discrimination and harassment of any type against applicants and employees on the basis of race, color, religion, sex, national origin, age, handicap, disability, genetics, veteran status or military service, marital status or sexual orientation, gender identity or expression, or any other characteristic or status protected by federal, state or local laws. Society Insurance also provides reasonable accommodations to qualified individuals with disabilities in accordance with the requirements of the Americans With Disabilities Act and applicable state and local laws.
Society Insurance is a drug-free workplace.
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