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Underwriter Property

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1 Vacancy
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Job Location drjobs

Chicago, IL - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Starr Insurance Companies is a leading insurance and investment organization providing commercial property and casualty insurance including travel and accident coverage to almost every imaginable business and industry in virtually every part of the world.

Cornelius Vander Starr established his first insurance company in Shanghai China in 1919. Today we are one of the worlds fastest growing insurance organizations capable of writing in 128 countries on 6 continents.

Key Responsibilities:

  • Solicit and review new and renewal property submission from various production sources
  • Analyze submitted documentation according to company underwriting standards and guidelines and request additional information.
  • Subject to written underwriting authority prepare and present quotation terms and conditions as submitted.
  • As regards quoted terms or conditions outside underwriting authority prepare written referral document and submit for approval to appropriate authority.
  • Review and approve binding terms and conditions for new and renewal business as well as endorsements and amendments to existing policies.
  • Prepare and approve insurance details for binders and reinsurance layoff sheets for underwriting assistants in order to book and bill new and renewal accounts.
  • Set up or review and approve policy forms for all new and renewal policies according to binding terms for policy issuance by U/A including endorsements.
  • Review and approve final bound policy terms prior to mailing to broker/client in accordance with underwriting standards and guidelines.
  • Prepare and approve file documentation in accordance with file documentation procedures.
  • Prepare various Home Office reports as requested or required.
  • Other duties as may be assigned by manager

Skills/Experience Required:

  • Bachelors degree in a related field such as business finance or insurance
  • Minimum of 3 years of relevant experience

#LIMM1

Starr is an equal opportunity employer which means well consider all suitably qualified applicants regardless of gender identity or expression ethnic origin nationality religion or beliefs age sexual orientation disability status or any other protected characteristic. We recruit and develop our people based on merit and were committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

Employment Type

Full-Time

Company Industry

About Company

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