What are the responsibilities and job description for the Associate Underwriter, Wind position at DUAL North America?
Title: Associate Underwriter, Wind
Classification: Full-Time
Division: Wind
Salary: $70,000-$75,000
Travel: 0-10%
Work Environment: Hybrid
Location: Chicago, IL
Openings: 3
Role overview:
DUAL North America, Inc. is seeking 3 Associate Underwriters to join the wind division.
Role responsibilities:
- Underwriting Authority:
- Policy Issuance review and correspondence.
- Conduct inspection review and analysis resulting in appropriate issue identification, and process post inspection changes, as necessary.
- Assist Underwriters as requested.
- Process submissions by providing account triage for Underwriters.
- Provide backup support for Underwriters when traveling in the market.
- Gather and compile information required to quote and/or bind an account.
- Generate, edit and send out a variety of correspondence on behalf of the Underwriters such as declination letters, quote follow ups and subjectivity reminders.
- Demonstrates basic understanding of technical underwriting principles and risk underwriting characteristics.
- Learn market dynamics, competitive landscape, and product differences.
- Provide customer service and underwriting support to help achieve new and renewal premium goals.
- Expected to develop business/personal relationships with producers.
- Travel with an underwriter.
- Other related clerical and administrative duties as assigned.
- Fill in for other team members to ensure business continuity during peak periods and/or when team members are unavailable.
Key requirements:
- Bachelor’s degree preferred.
- Minimum of 2 to 4 years insurance experience.
- Working knowledge of insurance terminology.
- Typing proficiency (35 wpm minimum).
- Proficiency in Microsoft Office Suite & proficiency in Agency Management System(s).
- Experience working in a “paperless” environment preferred.
- Ability to follow policies and procedures.
- Complete assigned tasks accurately, on time and able to learn quickly.
- Self-motivated and demonstrate an attention to detail.
- Be able to work independently for extended periods.
- Excellent written and verbal communication skills as well as a general understanding of business writing.
- Ability to work well in a small office environment and show a willingness to support the team, including general clerical and administrative tasks as needed.
- If you do not meet all the qualifications for this role, we still encourage you to apply, as we are always looking for diverse talent to join our growing team.
About DUAL
Working across 21 countries, DUAL has built a reputation as a specialist underwriting group and the market of choice for insurance intermediaries around the world. That’s how we have become one of the world’s largest international underwriting agencies (or MGAs) with US$3.5bn of GWP.
DUAL North America is the leading underwriting organization in the US offering commercial property, casualty, financial lines, and personal property insurance products underwritten through several specialized subsidiaries. Since 2013, we have grown to over 650 employees in 14 offices across the US, and we are continuing to grow.
DUAL is part of Howden, an international insurance group with employee ownership at its heart. The group was founded in 1994 and now has divisions in broking and underwriting, operates in 55 territories and employs over 19,000 people handling US$42bn of premium on behalf of clients.
What do we offer in return?
A career that you define.
Yes, we offer all the usual rewards and benefits - including medical, dental, vision, a wide variety of wellbeing offers, competitive salary, unlimited PTO, 401k with company match, paid volunteer days and more.
What you might not expect is a job where everyone has a voice, where volunteering in the community is part of the day job, and where everyone is encouraged to play a part towards our sustainability goals. We want people who want to make a difference - not just in the workplace, but in the industry and in the wider community.
Our culture: People first
Our core values dictate how we live and work. We’re a group with independence and people at its heart and we’re a home for talent with a unique culture: the biggest small company in the world.
The focus on being a people-first business has always been at the very heart of the group; Our vision was to create an independent business with a unique culture and one that would survive and thrive as a business controlled by the people working for it. And finding the most talented and entrepreneurial people to join the group has been and will continue to be key.
Diversity and inclusion
At DUAL, we consider our people our chief competitive advantage and, as such, we treat colleagues, candidates, clients and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.
Salary : $70,000 - $75,000