Chicago, IL
37 days ago
Underwriter

We are seeking an Underwriter to join our National Private Equity Practice for our Financial Lines / Private & Not-for-Profit Insurance Products.  The PNP Underwriter will be accountable for the growth and profitability of private equity-backed accounts for the National Private Equity Practice. 

Responsibilities: 

Financial performance, including profit, rate, retention, and growth, of a personal book of business consisting of D&O, EPL, Fiduciary, Employed Lawyers, Crime, K&R/Extortion, and Workplace Violence lines of business.  Successful market penetration and agency management including building, maintaining and managing producer and customer relationships. Developing personal agency strategy and goals with continual monitoring of progress Identifying cross sell opportunities within commercial products and services on personal book of business Soliciting, selecting and analyzing risk within PNP guidelines and ensuring proper documentation Developing and negotiating price, coverage, and terms and conditions for all new business and renewals and actively identifying account rounding opportunities Meeting with producers and renewal customers to make sales presentations including product education and new product roll out Collaborating with underwriters, operations, claims, marketing and home office product management Consistently meeting service standards Collecting and sharing industry intelligence with team, including industry trending and development

 

Knowledge, Skills and Abilities:

Demonstrated technical expertise in Financial Lines/Management Liability insurance products Strong analytical skills Demonstrated proficiency in sales, marketing, and negotiations Strong interpersonal, communication and negotiation skills Ability to effectively interact with all levels of internal and external business partners Experience developing and executing on marketing plans and prospects Ability to be creative and adaptable in a changing business environment while executing all Corporate Strategies Sound, balanced, and timely decision-making skills Knowledge of Microsoft Office Suite as well as other business-related software

 

 

 

 

Education and Experience: 

Bachelor's degree or equivalent experienceMinimum 2 years’ experience in Private & Not-for-Profit Management Liability UnderwritingPrivate equity-backed business underwriting experience preferred, but not required Underwriter 
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