Underwriter - Aviation

at QBE The Americas in Chicago, Illinois, United States

Job Description

Primary DetailsTime Type: Full time

Worker Type: Employee

The Opportunity
This role will support assigned line(s) of business strategy by utilizing established guidelines and communicating with agents to evaluate risk, apply sound decision-making and underwrite profitable business within authorized limits.

Primary Responsibilities
* Review, evaluate and price business by applying sound underwriting judgment and adhering to company policy and state regulations within established authority
*Underwrite insurance risks in accordance with the business plan and the personal authority to meet business objectives including negotiating rates, terms and conditions for existing and new business, managing production and issue of contract documentation, ensuring compliance with internal and external regulations and guidelines, and ensuring contribution to the business plan and objectives
*Participate in the review and analysis of the portfolio by examining documents to identify opportunities for continuous improvement and ensure progress towards profitable business objectives
*Make entries, as required, properly and promptly in underwriting systems to ensure accuracy of data, in relation to underwriting and aggregate exposures
*Research and obtain market intelligence in order to enhance organizational profit goals
*Adhere to underwriting standards, instructions, good practice, and legal and regulatory requirements to minimize risk and maximize efficiency
*Contribute to recording and measurement of insurance risks to ensure accuracy and good practice
*Collaborate with team by escalating issues to upper level underwriting professionals to solicit guidance on complex issues
*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
* 3 years relevant experience

Preferred Competencies/Skills
* Follow established guidelines to focus on details and complete tasks attentively and thoroughly
*Analyze data on a problem-to-problem solution
*Use wise, astute and insightful judgment to make sound decisions
*Understand, monitor, and improve underwriting technical systems
*Negotiate skillfully in tough situations with both internal and external groups to settle differences with minimum noise
*Ability to analyze data and use for decision making
*Clearly and confidently convey information to various audiences through speech and writing
*Accept responsibility for one's decisions and actions
*Guide oneself with little or no supervision, and depend on oneself to get things done
*Appropriately prioritize assigned tasks to ensure timely goal achievement

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
* Working knowledge of insurance products and insurance concepts
*Working knowledge of Microsoft Office Suite
*Working knowledge of underwriting processes and procedures
*Working knowledge of laws and regulations related to area of responsibility
*Knowledge of risk profiling, pricing tools and loss models
*Business acumen
*Relevant trends and information within industry

About QBE
We can never really predict what's around the corner, but at QBE we're asking the right questions to enable a more resilient future by helping those around us build strength and embrace change to their advantage.

We're an international insurer that's building momentum towards realizing our vision of becoming the most consistent and innovative risk partner.

And our people will be at the center of our success. We're proud to work together, and encourage each other to enable resilience for our customers, our environment, our economies and our communities.

With more than 12,000 people working across 27 countries, we're big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.

We believe this is... 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.