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Excess Casualty Underwriter

2 months ago

Chicago, Illinois, United States Promote Project Full time
Excess Casualty Underwriter Job Description

At Promote Project, we are seeking an experienced Excess Casualty Underwriter to join our team. As an Excess Casualty Underwriter, you will be responsible for underwriting new Excess Casualty business and renewals according to authority level and established guidelines.

Key Responsibilities:
  • Review and price policies to verify acceptability based upon company underwriting guidelines and granted underwriting authority both primary and supported excess.
  • Utilize underwriting tools to determine accurate classifications, rates, and premium charges.
  • Interact with wholesale brokers to obtain further risk-specific details, negotiate terms and pricing, and explain company positions.
  • Manage assigned underwriting territory, including management of agents and travel to agent offices.
  • 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.
  • Create, analyze, and interpret data from various reports.
Requirements:
  • Bachelor's degree or two to five years related insurance experience and/or equivalent combination of education and experience.
  • One to three years underwriting experience with authority, preferably in excess and surplus lines.
  • Strong oral and written communication skills.
  • Previous insurance educational work, IIA and CPCU desirable.
  • Detail oriented with initiative and the ability to work independently in a fast paced environment.
  • Ability to travel.
  • Excellent analytical skills.
  • Proficient in the use of computer programs, including Word, Excel, and Outlook.