Senior Underwriter, Management Liability
4 weeks ago
We are seeking a Senior Underwriter to join our Management Liability team to be onsite in the Chicago, IL office. The Senior Underwriters are responsible for underwriting a complex book of business, employing the methods necessary to meet projected profitability, GWP, and expense goals, management and growth of the overall portfolio of business, implementing proper underwriting discipline/guidelines, marketing and servicing of existing and potential clients.
Responsibilities
- Compliance with underwriting guidelines, systems and procedures
- General underwriting functions including underwriting submission review, pricing analysis, setting of terms and conditions, and quote/binder/invoice authorizations
- Seek input from Actuarial Department to set process specific accounts when appropriate
- Liase with Claims Department on any specific claims activity and overall market claims concerns, which could potentially affect profitability
- Consistent with Internal Audit department procedures, achieve compliance with all underwriting and administrative guidelines
- Marketing - attend client/broker meetings, lunches, dinners and other social outings as applicable. Meet with key brokers regularly to discuss production, service and other topics relative to division operations
- Follow treaty and facultative reinsurance protocols as required
- Stay current with respect to major industry issues and developments
- Provide specific reports as needed by senior staff
Qualifications
- 4-year college degree required
- 3 - 5 years underwriting experience preferred
- Solid Writing and Communication Skills
- Excellent organizational skills, and ability to multi-task
- Ability to work independently in a fast-paced, high pressure environment
- Willingness to travel
- Must be able to think originally, be willing to challenge ideas and be receptive to having their own ideas challenged
This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.
Westfield Specialty is proud to be an Equal Employment Opportunity employer. We celebrate diversity and do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, veteran status, disability status, or any other applicable characteristics protected by law.
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