Senior Production Underwriter
Chicago area, IL
Senior Production Underwriter is responsible for using technical, sales and analytical skills to provide insurance solutions that help client’s customers manage risk.
You will have a thorough understanding of client’s strategies and appetites and will use internal and external data to make appropriate individual and portfolio risk decisions.
You are responsible for the profitable growth of an assigned book of business, utilizing underwriting policies and guidelines, rating manual rules and insurance laws and regulations.
The open position is located in our western suburban, IL office reporting to the Commercial Leader and is responsible for a commercial middle markets P&C book of business for a localized assigned agency distribution.
Duties and Responsibilities:
You will understand and have experience with various pricing components and rating methodology as well as use of the predictive modeling tools; prices risk based on financial and competitive analysis
You will demonstrate technical underwriting skills through strategic, thorough account reviews and file documentation.
This includes preparing or analyzing information on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations in order to drive results within the assigned territory.
Manages assigned portfolio to achieve gross written premium, profitability, rate, retention, product mix, new business and portfolio management goals.
You will be able to build/maintain rigorous sales practices using all client systems including SalesForce.com and other sales tools and disciplines.
You know how to develop producer relationships to build pipeline, agency intelligence, and drives performance to meet and exceed results
Drives effective relationship management and customer activities to build trust, facilitate negotiation and secure commitment with the customer.
You welcome and proactively identifies cross-sell opportunities and partners with other underwriters to deliver comprehensive insurance solutions for the customer.
You will have a college degree.
You will have started taking insurance industry courses.
You will have 5+ years of commercial underwriting experience in the Chicago area.
The understanding of agency relationships and experience in the independent agency system.
Strong verbal, written, and mental skills.
Outgoing and professional communication style.