Renewal Underwriter

2 weeks ago


Chicago, United States CapSpecialty Full time

Medical, Dental, Vision,Open Vacation Plan; Matching 401(k); Co. Paid Life Ins, STD, LTD; Generous Paid Sick & Family Bonding Leave; Tuition & Educational Reimbursements Hartford, CT/Middleton, WI / Chicago, IL Want to join an exciting and collaborative company that offers competitive compensation and benefits packages – including an innovative open vacation plan, fully vested matching 401k, professional and educational growth opportunities, flexible, hybrid work environment, and recognition for exceptional performance? CapSpecialty

is seeking a business-focused

Renewal Underwriter

with responsibilities including selecting profitable risks and managing book of business by underwriting renewal business or assigned new business opportunities and building solid relationships with brokers and co-workers by providing a high level of customer service and accountability. Dutie/Responsibilities: Underwrite renewal business and assigned new business opportunities and triage submission data to determine if the opportunity is a fit/continues to fit to our appetite and if the target pricing is aligned with our profitability needs. Ensure smooth workflow and excellent customer service to brokers by prioritizing multiple tasks, responding to inquiries, preparing pricing using the rating model, issuing detailed quotes, assisting with technical issues, utilizing effective problem solving, and by being available to deliver exceptional service. Assist brokers by responding to inquiries and assisting in coverage selection. Review endorsements by evaluating impact of change, current policy status and conditions. Ensure communication by working with other departments to explain, evaluate and resolve problems or issues of common concern. Contribute to team effort by accomplishing related results as needed. Education & Experience: Associates degree in Risk Management, or equivalent, or combination of education and work experience 3 to 5 years of industry experience as an underwriting assistant or a minimum 2 years direct underwriting experience preferred. Completion or continuing work towards industry certification (RPLU, CIC, CPCU, etc.) preferred. Essential skills: Knowledge of insurance contracts, basic accounting, risk management techniques, and state regulations. Excellent interpersonal and communication skills with the ability to interact well with internal and external resources at all levels. Must be highly organized, detail-oriented, accurate, provide timely responses, and posess excellent customer service skills. Forward-thinking capability, with problem-resolution and analytical skills. General familiarity with environmental liability and/or knowledge of insurance and underwriting technical basics desired. Basic understanding of financial evaluation tools and rating models helpful CapSpecialty is a leading provider of specialty insurance and bonds for small- to mid-sized businesses in the U.S., offering commercial 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's carriers have an A ("Excellent") rating from A.M. Best, writing both admitted and non-admitted policies on the paper of Capitol Indemnity Corporation, Capitol Specialty Insurance Corporation and Platte River Insurance Company – Berkshire Hathaway companies. For more information please visit CapSpecialty.com . Local Time is 14-Mar-2024 04:51 PM Job Map

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