E&S Casualty Underwriter, AVP

Job d:

Location:

Chicago, Illinois, United States Salary: $106,700 - $165,200

Category:
Claims & Underwriting Company:
Munich ReE&S Casualty Underwriter, AVPWe are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.

The Company Welcome to Munich Re Specialty - North America, a leading specialty insurance provider dedicated to delivering exceptional underwriting, claims, and risk management expertise to our partners and customers. As a trusted industry expert, we offer a broad range of comprehensive and customized solutions, including casualty, professional lines, property, surety, and public entity coverages. With the financial strength and global resources of our A+ Superior (A.M. Best) rated organization, we provide unmatched stability and reliability.

Our team is committed to superior service levels, a distinctive approach to specialty solutions, and a deep understanding of the complex risks our clients face. Join our team and be part of a dynamic and experienced organization that is shaping the future of specialty insurance in North America.

The Opportunity Future focused and always one step ahead!

As a member of our E&S Casualty team, you'll be responsible for the production, underwriting and retention of profitable E&S casualty business through the cultivation and maintenance of broker  this position you will:

Underwrite, market, quote, bind and retain a profitable book of excess and surplus lines business that meets profitability and growth targets.  Operate within granted authority and guidelines and make referrals to underwriting leadership as appropriate.

Development and execution of production strategies and business plans to implement and maximize growth objectives and rate goals.  Coordination with other Munich Re business units is expected and encouraged to offer the best holistic solutions to our clients.

Measure and optimize portfolio progress by reviewing and analyzing underwriting data and monitoring industry best practices to identify opportunities for continuous improvement Cultivate and maintain professional wholesale broker relationships. Represent the Munich Re brand and Munich Re Specialty Insurance at client events, seminars, meetings, etc Assistance in day-to-day operations and projects as assigned which could have client, business group, divisional and corporate impact.

Qualifications:

5+ years of experience in insurance and/or reinsurance focusing on E&S casualty lines of business

Excellent underwriting, marketing and analytical skills

Advanced insurance certifications (e.g. CPCU) preferred

Advanced working knowledge of Commercial P&C / E&S products and insurance concepts, UW processes and procedures, laws and regulations, terminology, and other relevant industry trends

Proficiency in the use of pricing models, tools and other risk evaluation models

Successful track record of developing and maintaining strong relationships with wholesale brokers

Tech savviness and a willingness to experiment with and learn new technologies

Ability to think strategically and function tactically

Exceptional communication skills that energize and engage brokers, clients and colleagues and the ability to convey a vision and client-focused solutions

Ability to present and negotiate complex agreements with brokers

Effective time management and organizational skills

Willingness to travel 20%-30%
The Company is open to considering candidates in Chicago, IL. The salary range posted below applies to the Company’s Chicago location.

The base salary range anticipated for this position is $106,700 - $165,200 plus opportunity for company bonus based upon a percentage…