Chicago, IL, USA
5 days ago
Private Company Underwriter - Management Liability

Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty and property and casualty operations, there are always opportunities here to learn and grow.

At Great American, we value diversity and recognize the benefits gained when people from different cultures, backgrounds and experiences work collaboratively to achieve business results. We are intentionally focused on fostering an inclusive culture and know valuing diversity is an essential leadership quality. Our goal is to create a workplace where all employees feel included, empowered and enabled to perform at their best.

Our Executive Liability Division underwrites Directors’ and Officers’ Liability Insurance, Employment Practices Liability Insurance, and Fiduciary Liability Insurance for public, private and not for profit companies. The Executive Liability Division is seeking a D&O Private Company Underwriter. The role of the Underwriter is to market, underwrite and produce profitable business. The position will entail marketing and underwriting new and renewal business in accordance with Company objectives and policies. The Underwriter must have the ability to relate to people easily to develop effective customer partnerships.  The position is for a candidate located in the Chicago, IL area. Job title and job grade will depend on the successful applicant's level of experience.

Responsibilities:

Responsible for an assigned book of business in which account information is evaluated, underwritten, and priced within authority guidelines. 

Risk selection/rejection, retention, growth, and profitability within scope of authority and per divisional objectives.

The underwriter is expected to perform financial statement analysis of prospective risks and make recommendations on pricing and terms consistent with underwriting guidelines. 

Service complex multi-line risks

Communicates directly with Brokers to develop and maintain strong relationships. 

Conduct marketing visits with Brokers in Chicago &  Chicagoland Area.

Promptly issues quotes, policies, and endorsements.

Understand, compare, and contrast policy language both internal and competitor forms.

Qualifications:

Generally, 0 to 5 years of management liability experience of D&O, EPL, Fiduciary, or Crime Liability  as a underwriter/broker.

Bachelor’s degree is required, with a preference of Finance, Economics or other Business related fields.

High level of organizational skills, ability to establish priorities and meet deadlines.

Strong verbal and written communication skills to leverage excellent customer relationships, and to provide opportunities for marketing products and services.

Able to travel as needed.

Able to work autonomously.

Business Unit:

Executive Liability


Salary Range:

$71,500.00 -$97,900.00

Benefits:

The wage range for this job is based on role, level, and location. Within the range, individual pay takes into account a variety of factors that are considered in making compensation decisions including but not limited to skills, education, training, licensure and certifications, experience of the candidate, the role's scope, complexity, and other business and organizational needs. In addition to the base compensation, we offer a competitive Total Rewards package, which includes but is not limited to medical, dental, vision, paid time off, and 401(k) plan for full-time and part-time employees who are eligible for benefits.

Your recruiter may be able to tell you more about our total rewards offerings and the specific wage range for the relevant location(s) during the hiring process.

Confirm your E-mail: Send Email