Corporate Property Underwriting Specialist

2 weeks ago


Chicago, Illinois, United States Kalepa Insurance Services, LLC Full time

Position: Corporate Property Underwriting Specialist

Company:
Kalepa Insurance Services, LLC

Location:
Remote


We are expanding our diverse team of professionals and are seeking individuals who are dedicated to fostering a culture that encourages the development of innovative solutions for our clients and business units.

We are open to considering a range of experience for this role, and the compensation will reflect that.

About Kalepa Insurance Services, LLC:


As a part of Kalepa's operations, we provide the financial strength and stability that comes with being a leading player in the insurance sector.

Our risk specialists collaborate to create the right mix of products and services to help our clients maintain a competitive edge – from traditional insurance coverages to specialized and niche insurance products.

Kalepa focuses on integrating its facultative and corporate business into a cohesive global unit.

By consolidating our risk management services into one unified team, we enhance our ability to offer a comprehensive suite of products and services that address the evolving needs of our clients and broker partners.


Role Overview:


In this role, your primary focus will be on underwriting corporate property programs, particularly for large commercial and multinational clients.

You will be responsible for developing and determining appropriate terms and conditions, as well as evaluating risk-sharing acceptances.

Additionally, you will support the head of the Unit in overseeing the North American Property portfolio to ensure profitability, assist Claims in validating and optimizing claims payments, and provide expertise to both internal and external stakeholders.


Key Responsibilities:
  • Independently underwrite and price moderately to highly complex business in line with corporate and departmental guidelines.
  • Underwrite new and renewal business, encompassing all tasks related to information gathering, data analysis, risk assessment, pricing, and negotiations.
  • Review primary policy, contract, and endorsement language to ensure accuracy and compliance with guidelines.
  • Refer any business outside of delegated underwriting authority to the appropriate referral underwriter.
  • Analyze and assess necessary risk information.
  • Maintain comprehensive and accurate business records.
  • Assist management in evaluating the portfolio to ensure profitability.
  • Collaborate with Claims teams.
  • Support management in fulfilling various managerial responsibilities as needed.

Client Relationship Management:
  • Develop and sustain a strong market presence through effective client and broker strategies.
  • Demonstrate the ability to interact effectively with clients, brokers, and colleagues.
  • Proactively identify and analyze the needs of existing and prospective clients.
  • Promote the company's capabilities and competencies externally.

Negotiation Skills:
  • Independently negotiate (re)insurance contracts with clients and brokers based on delegated authority.

Peer Reviews:
  • Participate in peer reviews of team members' accounts.

Qualifications:
  • 7+ years of experience in the insurance or corporate risk market.
  • 5+ years of underwriting experience preferred.
  • Bachelor's Degree preferred; advanced degree is a plus.
  • CPCU or similar designations are desirable.
  • Professional designations are a plus.
  • Proficiency in pricing models and risk evaluation tools.
  • Excellent written and verbal communication skills.
  • Ability to manage client relationships and maintain profitability.
  • Demonstrated negotiation skills.
  • Willingness to travel nationally and internationally (up to 25%).

At Kalepa, we value Diversity, Equity, and Inclusion as essential components in addressing the challenges and opportunities we encounter.

Our aim is to cultivate an inclusive culture and build a workforce that reflects the diverse customers we serve and the communities in which we operate.

We strive to create a workplace where all colleagues feel respected, valued, and empowered to perform at their best every day.

We are committed to recruiting and developing talent with a focus on delivering innovative products and services to our customers.
We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

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