Associate Underwriter, Casualty
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Job Location:
Chicago, IL - USA
Monthly Salary:
$ 70000 - 90000
Posted on:
23 hours ago
Vacancies:
1 Vacancy
Job Summary
Company Details
What makes Admiral Insurance Group ADMIRABLE.
Since 1974 Admiral Insurance Group has been supporting business innovation and market growth through our wholesale-dedicated excess and surplus (E&S) lines of commercial insurance. We specialize in underwriting difficult-to-place moderate to high-risk commercial businesses that require creative solutions outside of the box thinking entrepreneurial spirit and astute business knowledge. As a member of the W. R. Berkley Corporation a Fortune 500 Company and one of the nations premier commercial lines property casualty insurance providers we have the resources support and industry data to provide exceptional service and exciting solutions for our clients and partners.
Unlock your insure- more about Careers at Admiral Insurance Group.
See what its like to work in Admirals Underwriting Department.
The Company is an equal employment opportunity employer.
Responsibilities
The Associate Underwriter - Casualty will work in a team setting underwriting and servicing new and renewal accounts for the development and retention of our Casualty Lines business. Strong focus on renewals.
- Production and underwriting of new and renewal account business of the following classes: Construction Products Liquor Liability Habitational Amusements and OL&T.
- Compliance with underwriting documentation rules and guidelines.
- Maintain an acceptable underwriting profit.
- Adherence to Admiral underwriting guidelines and referral compliance.
- Development and maintenance of key broker/agent relationships.
- Deliver timely and accurate quotes and endorsements to brokers ensuring responsive and reliable service.
- Participates in all internal company training and continuing education.
- Attends strategic marketing calls to key brokers.
- Other duties as assigned.
Qualifications
- Bachelors Degree required.
- Completed coursework toward a Risk Management and Insurance Degree a plus.
- Minimum of 1 year of experience underwriting Commercial Lines with proficiency handling complex and high-hazard risks.
- Applicable coursework toward attainment of a CPCU or other related Insurance Designation(s) preferred.
- Strong knowledge of the E&S marketplace.
- In-depth knowledge of commercial E&S Casualty strongly preferred.
- Ability to understand and execute priorities including underwriting appetite limit management and mix of business broker strategy and pricing/rate strategy.
- Strong organization skills.
- Ability to manage deadlines effectively.
- Excellent verbal and written communication skills.
- Technical proficiency is required.
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Additional Company Details
The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role includes:
Base Salary Range: $70000 - $90000
The actual salary for this position will be determined by a number of factors including the scope complexity and location of the role; the skills education training credentials and experience of the candidate; and other conditions of employment.
Eligible to participate in the annual discretionary bonus program.
Benefits: Health Dental Vision Life Disability Wellness Paid Time Off 401(k) and Profit-Sharing plans.
Sponsorship Details
Required Experience:
IC
Key Skills
- Loan Processing
- Computer Skills
- Fraud
- Math
- Banking
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Underwriting
- Financial Analysis
- negotiation
- Phone Etiquette
About Company
Berkley is a leader in commercial lines insurance, with over 60+ specialized businesses - each with deep expertise in an industry, product, or regional niche.
