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  • Underwriter, Executive Assurance

    McNeil & Co 4.5company rating

    Underwriter job in Chicago, IL

    .Underwriter / Senior Underwriter, Executive Assurance page is loaded## Underwriter / Senior Underwriter, Executive Assurancelocations: Chicago, IL United States of Americatime type: Full timeposted on: Posted Yesterdayjob requisition id: R25\_572With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠The Underwriter / Senior Underwriter, Growth & Middle Market is responsible for the submission generation, underwriting and policy issuance of Directors and Officers Liability, Employment Practices Liability, Fiduciary Liability, Fidelity insurance, Kidnap & Ransom and Cyber Liability for entities that meet the GMM account definition within the Central Region.The Growth & Middle Market department works with privately held companies with annual revenues of less than $1 Billion and publicly traded companies with annual revenues of less than $500 Million. This will be a hybrid (2 days) onsite in Chicago, IL.*Position offered will be dependent upon the individual candidate's qualifications.***Responsibilities and Accountabilities:*** Underwrite and price products, to include financial and exposure analysis* Monitor new business flow, quote ratio and hit ratio from each target agency to monitor variances to plan. Develop strategies to correct variances with each agency.* Represent Arch and Executive Assurance professionally whether internally or externally at agent offices or industry events.* Attendance at meetings with outside company management* Policy contract review and rating* Claims review* Binding of new and renewal accounts according to our underwriting philosophy and strategy* Provide monthly forecasts for new and renewal business and regular reconciliations to such forecasts. Be able to provide detail as to variances from forecast, include new business results, lost business and pricing changes.* Service brokers and customers, to drive new business opportunities via existing relationships as well as where there is no existing relationship; continually prospects for new opportunities.* Coaching and developing the more junior underwriters in the region**Required Skills and Abilities:*** 1 to 5 years of public D&O underwriting experience* Exemplary oral and written communication skills* Analytical, with a keen ability to think through issues* Solid understanding of financial statements* Strong customer-service focus* Ability to develop strong relationships with brokers in order to successfully manage our business which will require travel to producer location or insured location.* Able to organize and prioritize to meet multiple demands and commitments* Ability to work independently as a member of a team working to build a profitable book of business* Effective negotiation skills* Proficient in MS Word, Excel and Outlook**Education and Experience:*** Bachelor's Degree, ideally in Economics, Business, Finance or Accounting* RPLU or CPCU designation preferred#LI-AM3#LI-HybridFor individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.$85,000 - $118,000/year* Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.Click to learn more on available benefits.If this job isn't the right fit but you're interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our to share your preferences directly with Arch's Talent Acquisition team.14400 Arch Insurance Group Inc. #J-18808-Ljbffr
    $85k-118k yearly 3d ago
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  • Senior Executive Underwriter, Public Company Executive Liability

    Fairygodboss 4.0company rating

    Underwriter job in Chicago, IL

    Senior Executive Underwriter - UW07EC We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future. We're in the business of helping people achieve amazing things by protecting the things that matter most. And you can help us when you join our team of underwriters. They're at the center of everything we do - and by joining us, you'll be on a team known throughout the industry for providing our customers with just the right amount of coverage they need to pursue their unique interests. Your underwriting career here means collaboration, inclusivity, innovative thinking and so much more. Here, doing things the way they've always been done isn't a part of the job. Here, you'll be putting your creative insights to work with other underwriters and leaders, having a seat at the table with key decision makers. And you'll have any number of opportunities for your career to grow in whatever direction you choose. As a Senior Executive Underwriter at The Hartford, your primary role will be to underwrite and actively pursue new business, manage an existing book of renewal business and service the needs of our distribution partners on an account-by-account basis. The Senior Executive Underwriter will serve as a key member of the Financial & Executive Liability local region, reporting directly to the Central Region Managing Director of the Executive Liability Team. The Executive Liability Team focuses on Management Liability and Fidelity products for publicly traded accounts. Products include primary and excess Directors' & Officers' Liability, Employment Practices Liability, Fiduciary Liability and Fidelity coverage lines. We'll Be a Good Match if You Have: A customer-first mindset, putting our customers at the center of everything you do. A passion for making decisions through both analyzing the data and employing critical thinking skills. A team spirit and desire to work collaboratively. A financial mindset to help make the best decisions. Ability to own your work and following through on commitments. Ability to decipher and execute within a fluid and changing business environment. An understanding of how to build relationships and trust among diverse groups. The ability to advance their careers into technical OR leadership positions. Qualifications: Bachelor's Degree preferred, or equivalent combination of education, training and experience 5 + years of Public Company D&O underwriting experience preferred Demonstrated success in developing and maintaining solid relationships with all internal and external business partners Excellent communication, interpersonal and presentation skills An ability to think analytically about business problems, make recommendations and propose solutions. High energy self-starter, who is resilient and has an entrepreneurial spirit Demonstration of solid time, organizational, and desk management skills Goal-oriented and delivers outcomes Ability to challenge the status quo and compete to win Superior technical knowledge and sound decision-making and analytical skills. Ability to travel 10-20% Valid driver's license as a company pool car may be provided Location: This role will have a Hybrid schedule, with the expectation of working in the Chicago, IL office three days a week (Tuesday through Thursday). Compensation The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is: $136,000 - $204,000 Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age About Us |Our Culture | What It's Like to Work Here | Perks & Benefits #J-18808-Ljbffr
    $136k-204k yearly 2d ago
  • Senior Underwriter, Commercial Surety - Remote

    Zurich 56 Company Ltd.

    Underwriter job in Chicago, IL

    A leading insurance company is seeking an Executive Underwriter or AVP, Underwriting Director to join the Commercial Surety team in Chicago and surrounding areas. The position demands strong analytical and negotiation skills to manage complex accounts and develop customer relationships. Candidates must possess a High School Diploma or Equivalent and significant experience in the underwriting field. This role offers remote working opportunities and a competitive salary range of $98,500 to $215,000, depending on experience. #J-18808-Ljbffr
    $55k-93k yearly est. 4d ago
  • Senior Casualty Underwriter - Strategic Portfolio Growth

    National African-American Insurance Association (Naaia

    Underwriter job in Chicago, IL

    A leading insurance organization is seeking an Executive Underwriter to manage the production and maintenance of domestic casualty accounts, while building strong relationships with brokers and clients. The role requires soliciting new and renewal submissions, determining terms, binding coverage, and handling complex portfolios. This position offers the opportunity to play a crucial part in the growth of the organization's casualty business within a defined territory. #J-18808-Ljbffr
    $55k-93k yearly est. 2d ago
  • Senior Underwriter - Financial Institutions

    The Liberty Mutual Foundation 4.5company rating

    Underwriter job in Chicago, IL

    A leading insurance provider is seeking a skilled underwriter in Chicago, IL, to independently manage complex accounts, develop profitable business relationships, and mentor junior staff. The ideal candidate will possess a minimum of 7 years of underwriting experience, strong analytical skills, and effective communication abilities. The role offers a competitive salary and comprehensive benefits in a supportive workplace environment. #J-18808-Ljbffr
    $69k-92k yearly est. 3d ago
  • Senior Underwriter, Casualty & Workers' Comp Leader

    American International Group 4.5company rating

    Underwriter job in Chicago, IL

    A global leader in insurance solutions seeks an Executive Underwriter in Chicago to manage complex Casualty product lines, including Workers' Compensation, General Liability, and Auto Liability. The ideal candidate will have over 5 years of commercial insurance experience, exceptional relationship-building skills, and a bachelor's degree. This role includes developing underwriting strategies and managing client relationships. Competitive salary ranges from $105,000 to $130,000 with bonus opportunities. #J-18808-Ljbffr
    $105k-130k yearly 5d ago
  • Executive Underwriter, Property

    Hannover Digital Investments

    Underwriter job in Chicago, IL

    HDI Global Insurance Company is a commercial property and casualty insurer headquartered in Chicago, IL. As a wholly owned subsidiary of HDI Global SE, we manage the industrial lines division of the Talanx Group. Our extensive portfolio of products and services, combined with an international network of local insurers in over 150 countries, enables us to offer comprehensive domestic and global insurance solutions for U.S.-based multinational companies. We are currently seeking a seasoned Executive Underwriter, Property to join our team. This role focuses on underwriting large and complex property risks across a wide array of industry sectors, contributing to the profitability and strategic growth of our portfolio. Key Responsibilities Underwrite and manage a book of large, complex property accounts, including shared and layered placements, high-hazard occupancies, and multinational programs. Develop and maintain strategic relationships with key brokers, clients, and industry partners to drive profitable growth. Assess and price risks by analyzing complex property exposures, including natural catastrophe modeling, and loss history. Collaborate across departments, including Risk Engineering, Claims, and Reinsurance, to deliver comprehensive solutions tailored to client needs. Lead negotiations on terms and conditions, endorsements, and manuscript wordings to ensure appropriate coverage and risk mitigation. Stay up to date on market trends, competitive dynamics, and emerging risks, contributing to pricing strategies, product development, and underwriting guidelines. Represent HDI at industry events and client meetings to promote our capabilities and expand market presence. Qualifications 10+ years of commercial property underwriting experience, with a focus on large accounts, complex occupancies, or multinational programs. Bachelor's degree required; industry certifications such as CPCU, ARM, or equivalent preferred. Strong technical underwriting expertise in property lines including fire, natural catastrophe, manufacturing, real estate, and logistics. In-depth knowledge of property forms, manuscript wording, reinsurance structures, and pricing methodologies. Demonstrated ability to negotiate and influence at a senior level with both internal and external stakeholders. Ability to mentor and coach junior team members. Proven experience in building and maintaining broker and client relationships in major hubs. Willingness to travel for client, broker, and industry engagements. The base salary range for this position is $170,000-$220,000, plus eligibility for a performance-based annual bonus. Actual compensation will be determined based on experience, education, and geographic location. Benefits HDI Global Insurance Company offers a competitive benefits package, including: 401(k) with company match Paid Time Off and Sick Leave Medical, Dental, and Vision Insurance Health Reimbursement Arrangement (HRA) Flexible Spending Accounts (FSA & Dependent Care FSA) Short- and Long-Term Disability Life and Voluntary Life Insurance Critical Illness & Accident Insurance Telemedicine and Wellness Programs Employee Assistance Program (EAP) Pet Insurance Transit and Parking Benefits Attention California Applicants: Click here to read HDI's California Personnel Privacy Notice Applicants must be legally authorized to work in the United States. Please note that HDI Global Insurance Company does not currently sponsor, nor assume sponsorship of, employment visas. All resumes submitted to HDI Global Insurance Company without prior authorization from the Human Resources department will be considered unsolicited. HDI Global Insurance Company and its affiliates will not be responsible for any fees associated with unsolicited submissions. Equal Opportunity Employer HDI Global Insurance Company is an Equal Opportunity Employer. We consider applicants without regard to race, color, religion, national origin, age, sex, marital status, ancestry, disability, veteran status, gender identity, or sexual orientation. HDI Global Insurance Company participates in E-Verify. #J-18808-Ljbffr
    $52k-84k yearly est. 3d ago
  • Senior Excess Casualty Underwriter - Broker Relations Lead

    King's Insurance Staffing LLC 3.4company rating

    Underwriter job in Chicago, IL

    A reputable insurance staffing company is looking for a Senior/Executive Excess Casualty Underwriting Specialist in Atlanta, Georgia. The role involves managing a book of Non-Admitted Excess business, underwriting complex submissions, and fostering strong relationships with brokers. Candidates should have 5-10+ years of Excess Underwriting experience and a strong track record in this field. This position also includes an attractive salary range of $150,000 to $200,000 annually, along with bonuses and excellent benefits, including a flexible work schedule. #J-18808-Ljbffr
    $36k-44k yearly est. 3d ago
  • Bank Loan Analyst

    Corps Team 4.0company rating

    Underwriter job in Downers Grove, IL

    Our client, a leading independent investment management firm, is seeking an experienced Bank Loan Analyst for a 10+ month contract to hire position in Downers Grove, IL. This role is hybrid, in-office 4 days a week. JOB PURPOSE As a premier global investment organization, the Bank Loan Team offers a full product line of investment options to both institutional and retail investors. This opportunity with the Bank Loan Oversight and Administration Team will provide support to the portfolio management and investment team covering various reporting areas, trade support and settlement efforts. KEY RESPONSIBILITIES/DUTIES Responsible for the production of various scheduled reporting deliverables for internal clients, including, but not limited, to the investment team, reporting team members, legal & compliance. Ability to work as part of a team to ensure the group provides top-tier service to both internal and external clients and service providers. Work in support of the trader to ensure that all trading activity is being efficiently and accurately entered in a timely manner in support of ISSMs products. Collectively work with the trade closing team to assist in the coordination and facilitation of settlement efforts. Liaise with traders, trade counter parties and agent banks. Support the team to ensure and maintain the data quality and integrity of the critical information that supports the business. Complete data mining, from a variety of internal & external sources, and analysis for Bank Loan clients. WORK EXPERIENCE / KNOWLEDGE 2+ years work experience preferred Familiarity and experience with bonds and bond settlements is desired A solid understanding of the security/loan market (LMA) and fund operations is desired Experience in a reporting / product oversight role is plus Experience in the investment management space is a plus SKILLS / OTHER PERSONAL ATTRIBUTES REQUIRED Aptitude for detail and a strong commitment to accuracy Excellent quantitative and qualitative analysis skills Ability to conduct analysis and present data in a meaningful way Proficient user of Microsoft Office, Excel, Access and Word Working knowledge of S&P Wall Street Office and/or Allvue-Everest is a plus Team Oriented/Team player Ability to work independently and follow through on projects Self-motivated, ability to multi-task and complete tasks upon assignment Open-minded, flexible, and willing to listen for other people's opinions Excellent verbal and written communication skills and effective interpersonal skills FORMAL EDUCATION Bachelor's Degree required, business (Finance/Accounting) degree preferred Pay Rate- $34.96- $36.96/hour
    $35-37 hourly 4d ago
  • Senior Cargo Marine Underwriter - Midwest Lead

    RLI Corp 4.8company rating

    Underwriter job in Chicago, IL

    A leading insurance company in Chicago is looking for an experienced Cargo Marine Underwriter to manage complex marine accounts and enhance relationships with key producers. The successful candidate will have a solid background in Cargo underwriting and at least 8 years of experience in commercial marine underwriting. Responsibilities include overseeing submissions, monitoring market trends, and representing the company at industry functions. This role offers competitive compensation and excellent benefits. #J-18808-Ljbffr
    $31k-49k yearly est. 4d ago
  • Underwriter, Wholesale Excess Casualty

    Everest Group 3.8company rating

    Underwriter job in Chicago, IL

    About Everest: Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world. About Everest Evolution™: Everest Evolution™, the Wholesale-Exclusive arm of Everest, serving the dynamic and rapidly growing U.S. E&S market. Everest Evolution™ offers Property and Casualty insurance products across multiple business units, with wholesale exclusivity for various products. About the Role: As an Underwriter on our Wholesale Excess Casualty Team in Chicago, you'll work in a hybrid capacity, spending three days in the office and two days remotely. You bring a strong underwriting background and a commitment to delivering exceptional service and results. Your Role & Responsibilities (include but not limited to): You'll help develop a profitable book of middle to large market-sized E&S Excess Casualty business for General Liability and Commercial Automobile lines within your designated underwriting territory. You'll assist in implementing a growth plan for your region and help build brand awareness for Everest. You'll underwrite select new and renewal accounts according to department standards. You'll adhere to underwriting guidelines and referral processes. You'll build and manage a diverse and profitable book of business. You'll cultivate productive relationships with appointed wholesale brokers. You'll develop and manage pricing and risk selection standards that align with strategic goals and financial targets. You'll collaborate effectively with Actuarial, Claims, Loss Control, Operations, Finance, and IT teams. You'll stay informed about competitor strategies and the broader insurance marketplace. What You Bring: A bachelor's degree or equivalent in business or a related field (insurance designations are a plus). 3+ years of relevant wholesale casualty underwriting experience, with the ability to support leadership in building a profitable portfolio. Expertise in General Liability and Commercial Automobile segments. A self-motivated, independent approach while maintaining underwriting discipline. Strong communication, interpersonal, and presentation skills. Excellent relationship-building and coaching abilities. A keen ability to assess risk-inherent exposures and natural hazards. Willingness to travel up to 25%. Your Knowledge, Skills & Competencies: Exceptional relationship-building across business functions. Strong analytical skills to evaluate risk and portfolio data. Excellent sales and negotiation capabilities. The base salary range for this position is $100,000 - $160,00 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. All offers include access to a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO). #LI-Hybrid #LI-AS1 What if I don't meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn't align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process. Our Culture At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging. Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together. All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve. Type: Regular Time Type: Full time Primary Location: Chicago, IL - South Riverside Additional Locations: Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at *********************************. Everest U.S. Privacy Notice | Everest (everestglobal.com)
    $100k-160k yearly Easy Apply 7d ago
  • Underwriter

    Renasant Corp 4.3company rating

    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.
    $90k-140k yearly Auto-Apply 60d+ ago
  • Underwriter - Crime and Fidelity

    Beazley USA Services

    Underwriter job in Chicago, IL

    General Job Title: Underwriter - US Executive Risk Division: Specialty Risk Key Relationships: Brokers, underwriters, claims, wordings, insureds, external clients and suppliers Job Summary: To underwrite a US Executive Risk account within Specialty Risks and provide counsel and advice on underwriting related issues. Provide technical expertise in this business area and maintain and improve market reputation of the Beazley brand. FLSA: Exempt Key Responsibilities: Underwriting Develop and underwrite a profitable portfolio of US Executive Risk business as part of Specialty Risks. Structure tailor-made solutions by considering the team underwriting parameters and underwriting policy and using underwriting knowledge and experience to win new business and retain existing. Manage innovation and development of non-insurance service offerings to insureds and others. Monitor premiums, costs and claims ratios per contract and take corrective measures if necessary to ensure long term profitability at account level. Evaluate appropriate risk premium by considering the risk costs, reinsurance cessions, capital exposure as well as the underwriting and general administration costs to ensure profitability, using rating models as applicable. Monitor peer underwriters in their daily work to ensure profitability as well as efficient and cost effective administration of the US Executive Risk Monitor and supervise assistants in their daily work to ensure compliance with underwriting philosophy and policy and consistency within the team and Specialty Risks. Comply with Beazley's underwriting control standards for business written through Lloyd's, Beazley's subsidiaries or internal MGAs. Develop a good working relationship with the claims managers on this class of business. Client Management Advise, assist and service clients on insurance and risk matters to ensure clients' satisfaction. Foster positive relationships with clients to get a mutual understanding of both their and Beazley's needs. Maintenance of good business relationships with brokers. Maintain awareness of overall Beazley product range and take advantages of opportunities to introduce other Beazley products to clients. General Leverage networking opportunities within the business to develop standardised underwriting policy and best practice within Beazley. Develop best practice and disseminate business and class knowledge within US Executive Risk and Specialty Risks. Work with peers within the US Executive Risk and Specialty Risks to maximise business opportunities and profitability within the department. This will include but not be limited to sharing market information, marketing sources and cross selling opportunities. Share and gather knowledge within the Beazley Group to ensure dissemination of best practice and maximise business opportunities and profitability across the Group. Production of presentations and marketing literature as required. Production of business plans/research documents for the US Executive Risk account as required. It is important that within all your interactions both internally and externally you adhere to Beazley's core values - Being Bold, Striving for Better, and Doing the Right Thing - as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers. We also expect Beazley employees to: Comply with Beazley procedures, policies and regulations including the code of conduct, which incorporates the PRA and FCA Conduct. Undertake training on Beazley policies and procedures as delivered by your line manager, the People & Sustainability or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system. Display business ethics that uphold the interests of all our customers. Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs. Comply with any specific responsibilities necessary for your role as outlined by your line manager, the People & Sustainability or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas. This may include, amongst others, Beazley's underwriting control standards, Beazley's claims control standards, other Beazley standards and customer relationship management. Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any Beazley committees or working groups. Personal Specification: Skills & Abilities Proficient underwriting skills Accurate and numerate Strong analytical skills with attention to detail Able to communicate effectively with others, both verbally and in writing Ability to manage time, meet deadlines and prioritise Motivational skills Knowledge & Experience General commercial and financial knowledge Experience in insurance industry Experience of US Executive Risk underwriting or broking Thorough knowledge of underwriting policy, philosophy and practice Advanced knowledge of underwriting processes and systems Client service experience Aptitude & Disposition Result focused, self-motivated, flexible and enthusiastic Professional approach to interact successfully with managers/colleagues/external suppliers Team worker as well as able to work on own initiative Customer focused, with a strong ethic of service and fairness to the customer Competencies Achievement drive Analytical thinking Strategic thinking Service focus Team working Conceptual thinking Forward thinking Essential Criteria 3-5 years of direct underwriting experience in Crime or Crime & Fidelity products, with this line representing a significant portion of the candidate's portfolio. Proven experience in underwriting US Executive Risk accounts, including risk assessment, pricing, and portfolio management within a regulated insurance environment. Strong analytical and financial skills, advanced knowledge of underwriting policy and practice, and proficiency in Microsoft Excel (pivot tables, VLOOKUP, complex formulas) with excellent communication skills for broker and client negotiations. Who We Are: Beazley is a specialist insurance company with over 30 years' experience helping people, communities and businesses to manage risk all around the world. Our mission is to inspire our clients and people with the confidence and freedom to explore, create and build - to enable businesses to thrive. Our clients want to live and work freely and fully, knowing they are benefitting from the most advanced thinking in the insurance market. Our goal is to become the highest performing sustainable specialist insurer. Our products are wide ranging, from cyber & tech insurance to marine, healthcare, financial institutions and contingency; covering risks such as the weather, film production or protection from deadly weapons. Our Culture We have a wonderful mix of cultures, experiences, and backgrounds at Beazley with over 2,000 of us working around the world. Employee's diversity, experience and passion allow us to keep innovating and moving forward, delivering the best. We are proud of our family-feel culture at Beazley that empowers our staff to work from when and where they want, in an adult environment that is big on collaboration, diversity of thought and personal accountability. Our three core values inspire the way we work and how we treat our people and customers. Be bold Strive for better Do the right thing Upholding these values every day has enabled us to become an innovative and responsive organization in touch with the changing world around us - our ambitious inclusion & diversity and sustainability targets are testament to this. We are a flexible and innovative employer offering a friendly, collaborative, and inclusive working environment. We actively encourage and expect applications from all backgrounds. Our commitment to fostering a supportive and dynamic workplace ensures that every employee can thrive and contribute to our collective success. Explore a variety of networks to assist with professional and/or personal development. Our Employee Networks include: Beazley RACE - Including, understanding and celebrating People of Colour Beazley SHE - Successful, High potential, Empowered women in insurance Beazley Proud - Our global LGBTQ+ community Beazley Wellbeing - Supporting employees with their mental wellbeing Beazley Families - Supporting families and parents-to-be We encourage internal career progression at Beazley, giving you all the tools you need to drive your own career here, such as: Internal Pathways (helping you grow into an underwriting role) iLearn (our own learning & development platform) LinkedIn Learning Mentorship program External qualification sponsorship Continuing education and tuition reimbursement Secondment assignments The Rewards The opportunity to connect and build long-lasting professional relationships while advancing your career with a growing, dynamic organization Attractive base compensation and discretionary performance related bonus Competitively priced medical, dental and vision insurance Company paid life, and short- and long-term disability insurance 401(k) plan with 5% company match and immediate vesting 22 days PTO (prorated for 1st calendar year of employment), 11 paid holidays per year, with the ability to flex the religious bank holidays to suit your religious beliefs Up to $700 reimbursement for home office setup Free in-office lunch, travel reimbursement for travel to office, and monthly lifestyle allowance Up to 26 weeks of fully paid parental leave Up to 2. 5 days paid annually for volunteering at a charity of your choice Flexible working policy, trusting our employees to do what works best for them and their teams Salary for this role will be tailored to the successful individual's location and experience. The expected compensation range for this position is $120,000 - 140,000 per year plus discretionary annual bonus. Don't meet all the requirements? At Beazley we're committed to building a diverse, inclusive, and authentic workplace. If you're excited about this role but your experience doesn't perfectly align with every requirement and qualification in the job specification, we encourage you to apply anyway. You might just be the right candidate for this, or one of our other roles.
    $120k-140k yearly 5d ago
  • Underwriter II

    Berkley 4.3company rating

    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
    $90k-100k yearly Auto-Apply 60d+ ago
  • Underwriter - Franchise Finance

    Gulf Coast Bank & Trust Company 4.1company rating

    Underwriter job in Chicago, IL

    The Underwriter will be responsible for evaluating franchise and other loan program applications based on established criteria, Standard Operating Procedures, and other government lending guidelines. The primary role is to conduct in-depth analysis of financial information and preparation of the financial spreads and Credit Approval Memorandum (CAM) to form a recommendation of approval or denial of new loans. The Underwriter will also present the loan to the appropriate level of credit approval authority. Responsibilities Performs a variety of duties to support the Lending/Franchise Finance team which includes, but is not limited to, Collecting, analyzing, and evaluating financial and related data to determine credit worthiness of loan prospects and merits of specific loan requests. Reviews application for completeness. Requests missing information. Maintains and organizes the loan file. Orders third party reports (credit reports, background checks, eligibility items, appraisals, etc.), prepares financial spreads. Works in coordination with the Business Development Officer and other team members to gather all necessary information to present an accurate and complete picture of the loan presented. Calls on loan applicants to fully understand their business model, financing needs and specific risks the business encounters. Perform in-depth due diligence and analysis for cash flow, financial capacity, and eligibility, including, but not limited to the following: Spread and interpret financial statements, tax returns, and projections. Complete the spreads to include an analysis of the balance sheet, income statement, cash flow analysis, personal cash flow analysis, collateral analysis, global cash flow, economic and industrial factors, and debt service capacity. Compare the subject business to the appropriate industry market conditions and ratio analysis. Prepare the comprehensive Credit Approval Memorandum with a credit decision recommendation in accordance with company Policy and Procedures and the current Standard Operating Procedures. The analysis will include an outline of the risks and mitigating factors of the loan request based upon the overall analysis of the application and supporting documents. When needed, the Underwriter will provide additional recommendations on a revised loan structure that will better fit the applicants' financial needs. Assignment of accurate risk ratings for new loans to minimize the Bank's credit philosophy. Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of sexual harassment and other forms of illegal discriminatory behavior in the workplace. Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the bank's compliance with all regulatory requirements. Assists with various administrative tasks to support department operations, as directed; may also be assigned special projects. Adheres to policy & procedure of the Franchise Finance group and must comply with BSA/AML/OFAC regulations and guidelines. Participates in outside classes, seminars, meetings, and training to constantly improve development, remain current and aware of new growth opportunities. Follows all safety and security procedures. Performs other related duties as assigned. Requirements Skills/Experience/Education Bachelor's degree required, with a preference for a degree in Accounting, Finance, Economics or other related fields required. Minimum of 3 years of experience, preferred. SBA 7(a) credit underwriting experience is a plus. Demonstrate excellent communication (written and verbal) and interpersonal skills. PC Proficiency in Desktop, Laptop, Tablet, and Smartphone devices as well as Microsoft Office Suite software. Ability to work well independently and within a team environment with proven ability to meet deadlines. Attention to detail is imperative. Must have strong organizational and time management skills with the ability to learn and prioritize specialized loan processing tasks. Must be a self-starter with the ability to multi-task. Essential Mental & Physical Requirements Ability to travel if required to perform the essential job functions. Ability to work under stress and meet deadlines. Ability to read and interpret a document if required to perform the essential job functions Prolonged periods of sitting at a desk and working on a computer may be required. Ability to lift/move/carry approximately 15 pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department/division any “undue hardship” then the employee must be accommodated; hence omitting lifting/moving/carrying as a physical requirement. Gulf Coast Bank & Trust Company and its subsidiaries is committed to a diverse and inclusive workforce. We are committed to equal employment opportunities without regard to race, color, genetic information, religion, sex, affectional or sexual orientation, gender identity or expression, age, marital status, military and veteran status, physical and mental disability, and any other characteristic protected by applicable law. We believe in attracting, retaining, and promoting quality talent and recognize that our diversity is critical to the success of the company.
    $38k-50k yearly est. 3d ago
  • National Accounts Strategic Underwriter

    Elevance Health

    Underwriter job in Chicago, IL

    **Location:** This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office. Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law. The **National Accounts Strategic Underwriter** is responsible for providing strategic and analytical underwriting support for national account clients. This includes financial modeling, risk assessments, and developing multi-year pricing strategies tailored to large, complex employer groups. The role requires extensive research, and collaboration to meet client demands and support growth and retention. The role collaborates cross-functionally to deliver customized solutions aligned with business priorities. **How You Will Make an Impact** Primary duties may include, but are not limited to: + Create competitive, financially sound proposals for business growth and renewals. + Collaborate on RFPs. + Lead contract customization and negotiations, ensuring accurate financial outcomes and risk mitigation. + Assists in the technical development of underwriting associates, which may include monitoring reports and work flow to provide recommendations on productivity and efficiency improvements. **Minimum Requirements:** Requires a BA/BS in in Finance, Actuarial Science, Business, or related field; Minimum of 7 years in large group insurance underwriting, actuarial analysis, or strategic finance. **Preferred Skills, Capabilities, and Experiences:** + ASA/FSA, CFA, or CEBS credentials preferred. For candidates working in person or virtually in the below location(s), the salary* range for this specific position is $105,504 to $180,864. Locations: California, Colorado, District of Columbia (Washington, DC), Illinois, Maryland, Massachusetts, Minnesota, Nevada, New York, Washington State In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws. * The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law. Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health. Who We Are Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve. How We Work At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business. We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few. Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process. The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws. Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact ******************************************** for assistance. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
    $105.5k-180.9k yearly 28d ago
  • Underwriter, Surety

    Markel Corporation 4.8company rating

    Underwriter job in Chicago, IL

    What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and problem-solvers. We're always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special! Primary responsibilities, with assistance where needed from Branch Manager, include: 1) underwrite contract bonds adhering to Markel Surety's underwriting philosophy, appropriately assessing the risk presented and properly managing that risk and 2) conduct all forms of marketing to strategically build a profitable book in a designated territory. The underwriter is to have the knowledge and apply the skills required of this position, including knowledge of required and normal ratios, risks associated with various types of construction activities, competition's underwriting attitudes and industry norms for all issues. The underwriter is the source for knowledge and information concerning bonding. * Produce and underwrite business from assigned agents/brokers * Continuously manage book of business (maintains quality business) * Direct responsibility for agency development and management, including agency visits * Accountable for accurate underwriting documentation/information in account management systems and adherence to documentation standards * Knowledgeable in contract review including bond forms, riders, and indemnity agreements * Understands and executes strategies to produce quality results * Open to travel 20% * 3-4 years experience in Contract Surety Underwriting #LI-Hybrid #piq US Work Authorization US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future. Pay information: The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. The salary for the position is $74,320 - $102,190 with a 20% bonus potential. Who we are: Markel Group (NYSE - MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world. We're all about people | We win together | We strive for better We enjoy the everyday | We think further What's in it for you: In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work. * We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees' needs at all stages of life. * All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance. * We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave. Are you ready to play your part? Choose 'Apply Now' to fill out our short application, so that we can find out more about you. Caution: Employment scams Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that: * All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings. * All legitimate communications with Markel recruiters will come from Markel.com email addresses. We would also ask that you please report any job employment scams related to Markel to ***********************. Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law. Should you require any accommodation through the application process, please send an e-mail to the ***********************. No agencies please.
    $74.3k-102.2k yearly Auto-Apply 29d ago
  • Associate Insurance Underwriter - Commercial Lines

    Amwins 4.8company rating

    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. Pursuant to Illinois regulation, the compensation range for this position is as stated and includes eligibility for performance-based bonuses. Illinois Pay Range$58,700-$65,000 USD
    $58.7k-65k yearly 10d ago
  • Engineering Lines Executive Underwriter

    Hannover Digital Investments

    Underwriter job in Chicago, IL

    About HDI Global Insurance Company HDI Global Insurance Company is a commercial property and casualty insurer headquartered in Chicago, IL. As a wholly owned subsidiary of HDI Global SE, we manage the industrial lines division of the Talanx Group. Our extensive portfolio of products and services, combined with an international network of local insurers in over 150 countries, enables us to offer comprehensive domestic and global insurance solutions for U.S.-based multinational companies. We are seeking an experienced Engineering Lines Executive Underwriter to strengthen our underwriting team. This role is responsible for profitable portfolio development across engineering lines-driven by technical expertise, disciplined underwriting, and strategic client engagement. Job Description Underwrite Engineering Lines and Builders Risk (CAR/EAR, Electronic Equipment, CPM/CPE, Machinery Breakdown, ALOP/DSU) within delegated authority. Negotiate terms, conditions, and pricing to ensure sustainable profitability. Build and maintain strong broker and client relationships; represent the company at meetings and industry events. Identify new business opportunities and support growth strategies. Manage and monitor portfolio performance, taking corrective actions when needed. Ensure compliance with underwriting guidelines, pricing tools, and governance standards. Work collaboratively in a global team. Mentor junior underwriters and contribute to product development and market strategies. Qualifications and Experience 8+ years in Engineering Lines and Builders Risk underwriting. Deep expertise in CAR/EAR projects, CPE/CPM, DSU, and MBRs. Proven ability to analyze complex risks and make sound underwriting decisions. Strong negotiation, communication, and relationship-building skills, ideally with a network on the U.S. West Coast. Experience with large industrial clients and multinational programs highly desirable. Compensation The base salary range for this position is $180,000-210,000 plus eligibility for a performance-based annual bonus. Actual compensation will be based on a variety of factors including experience, education, and location. Benefits HDI Global Insurance Company offers a competitive benefits package, including: 401(k) with company match Paid Time Off Sick Leave Medical Health Reimbursement Arrangement (HRA) Telemedicine Wellness Program Employee Assistance Program (EAP) Dental Vision Accident & Critical Illness Insurance Flexible Spending Account (FSA) Dependent Care FSA Group and Voluntary Life Insurance Short- and Long-Term Disability Pet Insurance Transit and Parking benefits Compliance Notices Attention California Applicants: Click here to read HDI's California Personnel Privacy Notice Equal Opportunity Employer HDI Global Insurance Company is an Equal Opportunity Employer. We consider applicants without regard to race, color, religion, national origin, age, sex, marital status, ancestry, disability, veteran status, gender identity, or sexual orientation. Additional Information Applicants must be legally authorized to work in the United States. HDI Global Insurance Company does not sponsor employment visas. Recruitment Agencies: All resumes submitted without prior HR authorization will be considered unsolicited. HDI Global Insurance Company is an Equal Opportunity Employer and participates in E-Verify. #J-18808-Ljbffr
    $60k-95k yearly est. 3d ago
  • Executive Underwriter, Inland Marine

    The Liberty Mutual Foundation 4.5company rating

    Underwriter job in Chicago, IL

    About the role: As an Inland Marine Underwriter on the GRS Inland Marine team, you will underwrite a diversified book of inland marine with a focus on Builder's Risk and Construction Property. You'll partner with agents, brokers, risk engineers and claims to evaluate complex, high-value placements (e.g., contractors' equipment, builders' risk, and other construction property risks). Using analytics and underwriting judgment, you'll price risk, set terms and conditions, negotiate deals, and manage account performance to maximize profitability and achieve strategic growth. Responsibilities Manage a portfolio of inland marine accounts, with emphasis on Builder's Risk, including project-based policies (single project and Master Builder's Risk programs). Analyze construction schedules, project values, contract types (GC/CM, Design-Build, EPC), contractor/subcontractor quality, site conditions, testing & commissioning exposures, soft-costs and delay-in-start-up exposures to develop appropriate pricing and terms. Underwrite a full range of inland marine products (e.g. builders' risk, contractors' equipment, installation/erection and tailor coverage forms, limits, sublimits, and endorsements to client needs. Partner with risk engineers to identify loss drivers and actionable loss-control recommendations (security, temporary protections, hot-work controls, commissioning protocols) and incorporate these into bind conditions. Use data, analytics and field intelligence to set premiums, monitor portfolio profitability, and identify cross-sell and diversification opportunities. Maintain clear, responsive relationships with brokers and agents; present proposals, obtain approvals and close business. Document underwriting rationale and comply with underwriting guidelines, authority limits and governance processes. Qualifications Experience: 5+ years of relevant experience Experience with Inland Marine or multi-line insurance products A desire to interact with brokers, agents and Liberty customers Skills Analytical, problem-solving capabilities Strong territory management skills Excellent communication skills The ability to develop a marketing plan to travel and meet regularly with key business contacts both internal and external An aptitude for building rewarding relationships with agents and brokers, peer underwriters and underwriting assistant Knowledge Command of insurance finance and actuarial concepts Thorough knowledge of commercial insurance products, underwriting, risk selection, pricing and marketplaces, as well as regulatory issues in relevant territories Understanding of contract language, including regulatory and policy differences among applicable states Familiarity with continuous improvement processes and tools Education A bachelor's degree in a related field About Us Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role. As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally. At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow. We are dedicated to fostering an inclusive environment where employees from all backgrounds can build long and meaningful careers. By actively seeking employee feedback and amplifying the voices of our seven Employee Resource Groups (ERGs), which are open to all, we create an environment where every individual can make a meaningful impact so we continue to meet the evolving needs of our customers. We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: *********************** Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran\'s status, pregnancy, genetic information or on any basis prohibited by federal, state or local law. Fair Chance Notices California Los Angeles Incorporated Los Angeles Unincorporated Philadelphia San Francisco #J-18808-Ljbffr
    $74k-92k yearly est. 1d ago

Learn more about underwriter jobs

How much does an underwriter earn in Plainfield, IL?

The average underwriter in Plainfield, IL earns between $39,000 and $103,000 annually. This compares to the national average underwriter range of $39,000 to $96,000.

Average underwriter salary in Plainfield, IL

$64,000
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