at QBE The Americas in Chicago, Illinois, United States
Job Description
Primary DetailsTime Type: Full time
Worker Type: Employee
The opportunity
This role will implement assigned line(s) of business strategy by assisting with business development and growth through building relationships within assigned customers and applying sound decision-making to underwrite business that contributes to a profitable portfolio. Responsibilities include new business production, renewal retention and the overall profitability of assigned book of business. Line(s) of business may include Healthcare Liability.
Primary Responsibilities
* Review, evaluate and price moderately complex business by applying sound underwriting judgment and adhering to company policy and state regulations within established authority
*Identify and minimize risks by utilizing due diligence and applying sound judgment to escalate underwriting issues when necessary and recommend opportunities for a profitable portfolio
*Ensure adherence to underwriting standards, objectives and guidelines of program by maintaining files in accordance with policy and procedures to minimize risk
*Assist with improvements in underwriting practices, pricing and marketing strategies by providing feedback to upper level underwriting professionals to communicate industry best practices
*Mentor junior underwriters by managing projects and training initiatives, answering escalated questions and reviewing financial statement and securities valuation analyses to ensure efficient team performance and profitable delivery
*Comply with all legal and regulatory requirements to ensure obligations are met
*Adhere to underwriting standards, instructions and good practice to minimize risk and maximize efficiency
*Contribute to recording and measurement of insurance risks to ensure accuracy and good practice
*Ensure review and analysis of the portfolio to identify progress toward business objectives
*Research and obtain market intelligence in order to enhance organizational profit goals
*Establish and maintain relationships with producers and customers to understand their needs and sell products that respond to their needs
*Foster strong partnerships with customers by informing on new products and programs, communicating opportunities for continuous improvement and clarifying and explaining underwriting decisions to ensure understanding of assigned line/s of business goals and objectives
*Contribute to assigned special projects by assisting with audits, participating in department product and process improvement initiatives
Required Education
* Bachelor's Degree or equivalent combination of education and work experience
Required Experience
* 4 years relevant experience
Preferred Competencies/Skills
* Use multiple resources to gather and analyze information and use logic to underwrite complex risks
*Use wise, astute and insightful judgment and individual credibility to make autonomous, sound underwriting decisions
*Prioritize interests of the company and community during decision-making
*Effectively and efficiently present logic, reasoning, and analysis to managers
*Negotiate skillfully in tough situations with both internal and external groups to settle differences with minimum noise
*Win concessions without damaging relationships
*Recommend improvement opportunities and translate them into tangible business deliverables
*Clearly and confidently convey information to a wide audience
*Show drive and initiative
*High attention to detail
*Act fairly, ethically and with integrity when decision-making
*Maintain confidentiality of private or sensitive information
*Multi-task and handle competing priorities; adapt and be flexible in a complex changing environment
*Keep an open mind, consider unique approaches and be open to change and considerable variety in the workplace
*Professional, polished, poised and positive demeanor
Preferred Education Specifics
* Degree in Business, insurance, or related field
Preferred Experience
* Insurance industry experience
Preferred Licenses/Certifications
* Depending on assigned line(s) of business
*specific participation and memberships are preferred and may include one or more of the following: Chartered Property Casualty Underwriter (CPCU) or Certified Insurance Counselor (CIC) designation
*Registered Professional Liability Underwriter (RPLU)
*Pilot's license
Preferred Knowledge
* Broad working knowledge of insurance products and insurance concepts
*Broad working knowledge of... For full info follow application link.
Equal Employment Opportunity
The companies of QBE North America are committed to equal employment opportunities. All qualified applicants will receive consideration for employment without regard to age, disability, marital or parental status, national origin, citizenship, race, color, religion, sex, sexual orientation, or veteran status. All personal information contained in this application will be kept confidential as required by law.
