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Senior Underwriter, Management Liability
4 months ago
Job Description
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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