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Underwriter - Specialty and Commercial

at QBE The Americas in Chicago, Illinois, United States

Job Description

Primary DetailsTime Type: Full time

Worker Type: Employee

Execute assigned line(s) of business strategy by consulting with agency leaders in assigned territory and evaluate risk to use sound decision-making and underwrite business that contributes to a profitable portfolio.

The Opportunity

The Specialty Casualty Team is currently hiring an experienced excess & surplus (E&S) Lines underwriter with established wholesale broker relationships in the central region of the United States. This is an exciting opportunity to join a newly formed team with exceptional reputations in the industry and to influence the buildout of Specialty Casualty.

Primary Responsibilities

* Utilize product line subject matter expertise by performing analysis to review potential business prospects and recommend profitable risk selection
*Perform complex underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are met
*Forge and maintain strong relationships with multiple agency leaders by utilizing high degree of business acumen to deliver sound underwriting decision-making, ensure personalized and quality service and garner support for department activities and business growth
*Optimize assigned line/s of business portfolio growth by reviewing, classifying, evaluating and rating complex business, communicating high-risk exposures to senior leaders, and providing feedback on recommendations
*Build relationships and facilitate projects by sharing expertise with peers, guiding product review/launch process, resolving escalated issues and monitoring impact of change to ensure department initiatives enhance the business
*Lead profitability and process/automation improvement initiatives by informing senior leaders on innovative underwriting best practices, guiding the development and implementation of strategic plans and training programs and tracking team performance within assigned territory to identify gaps and promote efficiencies for alignment with department objectives
*Manage documents in accordance with underwriting standards and policies and make sound decisions regarding underwriter recommendations to ensure adherence to business profitability objectives
*Manage budgeted resources by anticipating expenditures, accurately forecasting resource needs/costs and properly accounting for expenses to meet requirements and achieve fiscal responsibility

Required Education

* Bachelor's Degree or equivalent combination of education and work experience

Required Experience

* 7 years relevant experience

Preferred Competencies/Skills

* Use logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems
*Negotiate skillfully in tough situations with both internal and external groups to settle differences with minimum noise
*Build and establish constructive and cooperative working relationships and open lines of communication
*Anticipate obstacles and challenges, identify root cause and strategize plans to address
*Establish and maintain effective, trusting and respectful relationships with customers in a matrix environment
*Effectively and efficiently present logic, reasoning and analysis to others
*Understand the needs and goals of a customer and actively look for ways to meet them
*Creativity and alternative, open thinking to generate and support new or better ways of doing things
*Communicate information in a clear, well-organized, and professional manner
*Establish a high degree of trust and credibility with others
*Build long-term collaborative working relationships with senior managers
*Adapt and be flexible in a complex changing environment
*Utilize personal credibility to influence others

Preferred Licenses/Certifications

* Charter Property Casualty Underwriter
* ASLI
* AINS

Preferred Knowledge

* Strong working knowledge of products and insurance concepts
*Strong working knowledge of Microsoft Office Suite
*Strong working knowledge of underwriting processes and procedures
*Strong working knowledge of laws and regulations related to area of responsibility
*Events affecting the industry, including understanding of competition and the marketplace for assigned line(s) of business

QBE Cultural DNA

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... 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.

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Job Posting: 11908981

Posted On: May 17, 2024

Updated On: May 20, 2024

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