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AVP - Professional Liability Underwriter

2 months ago


Chicago, Illinois, United States Brown & Brown Full time
About the Role

We are seeking an experienced AVP - Professional Liability Underwriter to join our US Financial Lines team at Brown & Brown. As a key member of our team, you will play a crucial role in growing a profitable book of wholesale-only, middle market Miscellaneous Professional Liability (and further PL expansion) business in the US.

Key Responsibilities
  • Underwrite a portfolio of primary and excess miscellaneous professional liability risks, with a primary focus on new business.
  • Adhere to company guidelines and underwriting authority, evaluate new business accounts to determine risk acceptability, contractual terms, and pricing.
  • Partner with the VP to review and manage overall book performance and production results.
  • Generate new business opportunities by leveraging wholesale broker contacts.
  • Manage wholesale broker relationships in assigned territory.
  • Represent Brown & Brown at networking functions and other industry-related events.
  • Remain current on legal and regulatory changes and claim development in order to contribute to portfolio profitability.
Requirements
  • Bachelor's degree and 7+ years of professional liability underwriting experience, with a focus in at least one of these areas: MPL, real estate, accountants, insurance agents, media, or tech.
  • Demonstrates significant contribution to underwriting profit.
  • Independent decision maker - takes full responsibility for making decisions and consequences associated with decisions.
  • Knowledge of the professional liability external market.
  • Established network of wholesale broker relationships.
  • Continually seeks opportunities for portfolio growth and potential broker opportunities.
What We Offer
  • Excellent growth and advancement opportunities.
  • Competitive pay based on experience and results.
  • DTO - Discretionary time off.
  • Generous benefits package: health, dental, vision, etc.
  • Employee Stock Purchase Plan.