Insurance Underwriter

6 days ago


Chicago, Illinois, United States Argo AI Full time

Job Summary:

Argo Pro is seeking a skilled Insurance Underwriter to join their Architects and Engineers (A&E) and Miscellaneous Professional Liability (MPL) team. As an Underwriter II, you will play a critical role in reviewing and pricing policies to ensure they meet company underwriting guidelines and granted underwriting authority.

Key Responsibilities:

  • Review and analyze policy applications to determine acceptability and risk level.
  • Utilize underwriting tools and software to determine accurate classifications, rates, and premium charges.
  • Interact with brokers to obtain further risk-specific details, negotiate terms and pricing, and explain company positions.
  • Manage assigned underwriting territory, including the performance (GWP, loss ratio) of assigned brokers.
  • Oversee and approve endorsements as indicated.
  • Resolve premium audit disputes within assigned territory.
  • Review state laws, including cancellation and non-renewal, within assigned territory to properly transact business within the state.
  • Conduct data analysis and create reports to inform underwriting decisions.
  • Develop and maintain strong relationships with brokers and other stakeholders.

Requirements:

  • Bachelor's degree or three plus years related insurance experience and/or equivalent combination of education and experience.
  • Three years' underwriting experience with authority, preferably in excess and surplus lines.
  • Clear understanding of the Professional Lines marketplace.
  • Proven track record of driving profitable growth.
  • Strong written and oral communication skills.
  • Excellent working rapport with brokerage community.
  • Ability to travel.
  • Advanced working knowledge of computer programs, including Word, Excel, and Outlook.


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