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Executive Underwriter

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Old Republic Professional Liability, Inc.
Full Time position
Listed on 2026-03-05
Job specializations:
  • Insurance
    Underwriter, Risk Manager/Analyst
  • Finance & Banking
    Underwriter, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 125000 - 175000 USD Yearly USD 125000.00 175000.00 YEAR
Job Description & How to Apply Below

Executive Underwriter - Private Company Management Liability Job Type: Full Time Hybrid:
New York (minimum 3 days in office) Salary Range: $125,000 - $175,000 plus bonus incentive Job Overview

The Executive Underwriter – Private Company Management Liability (PML) is responsible for driving profitable growth of the private company management liability portfolio in accordance with Old Republic Professional’s (ORPRO) underwriting strategies and objectives. Additionally, the Executive Underwriter PML will combine deep technical underwriting expertise and entrepreneurial drive, while working collaboratively with colleagues to build ORPRO’s brand and develop business with key distribution partners throughout the East region of the United States.

The Executive Underwriter is a visible role and can make an immediate impact, backed by an experienced, supportive team.

Job Responsibilities
  • Demonstrate deep proficiency and a strong working knowledge of the legal, financial, operational, and economic disciplines relevant to underwriting Directors and Officers Liability (D&O), Employment Practices Liability (EPL), Fiduciary Liability, and Crime/Fidelity.
  • Stay abreast of changes in the relevant legal, financial, economic, and political environments. Demonstrate a deep understanding of how such changes impact coverage as well as the risks for each specific insured.
  • Responsible for overseeing the entire account life cycle, including analysis of risk, determining or recommending terms and conditions, quoting and binding terms for renewal and new business, and issuing policies.
  • Document assigned files, ensuring completeness, complying with underwriting rules and regulations, appetite, and authority.
  • Demonstrate a firm understanding of underwriting appetite, recognizing nuances associated with exceptions and making informed pricing and coverage decisions within one's authority based on each risk’s unique attributes. Additionally, offer valuable pricing and coverage recommendations for risks that exceed one's underwriting authority.
  • Actively participate in underwriting calls and meetings with ORPRO’s prospective and current insureds, cultivating relationships with C‑Suite clients.
  • Proactively seek new account opportunities, identifying risks within the company guidelines.
  • Develop a pipeline of new business opportunities and successfully target new business.
  • Proactively share relevant product, industry, and distribution‑related information with relevant parties within ORPRO.
  • Work with the team to maintain a profitable book of business while simultaneously seeking out new opportunities for growth.
  • Develop creative solutions, crafting policies to fit specific client needs while maintaining a high level of underwriting integrity.
  • Creatively assess and propose changes to coverage forms and endorsements, verbally explain key coverage offerings and wordings to brokers, and collaborate with internal coverage counsel to draft manuscripts.
  • Act as a resource for newer Underwriters and Analysts, providing basic training when requested.
  • Act as an informal or formal leader, providing guidance and training for other staff.
  • Independently build new broker/brokerage relationships, regularly conducting marketing activities, demonstrating fluency in ORPRO’s selling points, effectively cross‑selling other ORPRO offerings, and leveraging OR relationships.
  • Independently develop marketing plans to grow both the underwriter’s individual book of business, but also ORPRO’s overall penetration with particular brokers or assigned broker offices.
  • Gain a comprehensive understanding of ORPRO's operational and financial results, including the operation, relevance, and impact of reinsurance, commissions, loss picks, and rate changes.
  • Develop a working knowledge of Old Republic Specialty Insurance Group and Old Republic International’s operations and position in the industry.
Qualifications
  • Minimum of five years of relevant experience with a strong preference for management liability underwriting experience.
  • A bachelor’s degree is required.
  • Ability to work independently in a fast‑paced environment while embracing collaboration.
  • Excellent organizational skills and…
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