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Executive Middle Market Underwriting Consultant
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$85k-111k (estimate)
Full Time 3 Days Ago
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King's Insurance Staffing LLC is Hiring an Executive Middle Market Underwriting Consultant Near Chicago, IL

Our client, an A-rated National Insurance Carrier, is expanding their Middle Markets Commercial Lines business and seeking to add an Executive Middle Market Underwriting Specialist to the Greater Chicago area. This person would be responsible for identifying and developing Commercial Lines business opportunities within the Chicago and Midwest region. Duties also include acquiring and retaining profitable Commercial Lines business, conducting proper risk selection, and premium determination. This person would also be able to work remotely in a hybrid capacity!
  • Administer and monitor underwriting rules and guidelines, insurance laws and regulations, and rating annual rules.
  • Responsible for management of regional brokers and the development for assigned brokers.
  • Review loss experience, insurance to value, loss control reports, in additional to other relevant risk factors.
  • Make independent decisions within underwriting letter of authority and maintains proper file documentation; assist in developing annual business goals for assigned agents/producers.
  • Responsible for analyzing results and maintaining accountability of agency partners within the department.
  • Determine appropriate premium levels and coverages for commercial package and umbrella policies based on rates and individual risk characteristics.
  • Effectively display the ability to build and foster relationships by managing assigned territories, agents, and accounts.
  • Proactively seek renewal and new account opportunities.
Requirements:
  • 5 - 10 years of Middle Market Underwriting experience
  • Strong underwriting knowledge in the following lines of business: General Liability, Auto, Workers' Compensation, Property, and Umbrella.
  • Strong communication, analytical skills, and business acumen
  • Existing relationships with retail brokers within the Region.
  • Bachelor's Degree is strongly desired but not required
Salary/Benefits:
  • $140,000 to $160,000 annual base salary plus 15-25% Annual Target Bonus
  • Flex schedule and ability to work remotely
  • Extremely competitive Medical, Dental, Vision and Life plans
  • Employer matching 401(k) plan and Profit Sharing
  • Generous PTO plan

Job Summary

JOB TYPE

Full Time

SALARY

$85k-111k (estimate)

POST DATE

07/04/2024

EXPIRATION DATE

07/19/2024

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