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Sr Underwriter – Business Development – Surety – Large Commercial
Company | Nationwide |
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Location | Chicago, IL, USA |
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Salary | $75500 – $156000 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Senior |
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Requirements
- Undergraduate degree in business or a related field preferred
- Five years experience in surety underwriting preferred
- Pursuit of technical insurance coursework such as AFSB is highly desirable
- Advanced knowledge on all aspects of surety underwriting practices, procedures, policies, and company
- Excellent interpersonal and sales skills, including ability to make presentations and meet with all levels of agency personnel
- Ability to build and maintain cooperative and mutually rewarding internal and external partnerships
- Ability to perform duties with independent judgment with underwriting authority and company underwriting standards
- Demonstrated decision making ability and strong drive for results
Responsibilities
- Monitors market conditions, competitive landscape, and confirms information gathered within market space
- Researches risk, environment and factors necessary to win the account
- Analyzes quality and quantity of risks underwritten and prepares reports accordingly
- Accepts, rejects, or modifies new commercial lines business to ensure profitability
- Prices business according to company underwriting and pricing guidelines
- Manages workflow and intricacies of underwriting more complex assigned work
- Key contributor to robust agency business development planning discussions
- Markets surety products to help drive agency and company results
- Consults with agents, accounts and internal partners to resolve business issues
- Effectively communicates with agencies to establish the company as the surety provider of choice for the territory
- Completes agency visits, as appropriate, to develop new accounts
- Leads delivery of appropriate customer service levels
- Ensures that tools, training and support are in place to positively impact success for assigned agencies
- Proven ability to manage heavy workload effectively and backup other team members as needed
Preferred Qualifications
- Pursuit of technical insurance coursework such as AFSB is highly desirable
- Five years experience in surety underwriting preferred