What are the responsibilities and job description for the MRSGNA Associate Underwriter, Surety position at Roanoke Insurance Group Inc.?
Company
Roanoke Insurance Group Inc
Location
Schaumburg , United States
Munich Re Specialty Group North America (MRSG N.A.) is looking for enthusiastic individuals to join us as we grow. As part of Munich Re Group, we are a unique organization providing expertise in specialty and marine lines of insurance as well as surety risks and customs bonds with in-house claims solutions.
We are seeking a full time Associate Underwriter, Surety to join the Roanoke Insurance Group division as a hybrid employee in our Schaumburg, IL office reporting to the AVP, Surety Underwriting.
Job Profile
About Us
MRSG N.A. is the holding company for Roanoke Insurance Group (RIG) and Munich Re Specialty Group Insurance Services (SIS) located throughout 7 locations in the United States and Canada with over 250 employees.
SIS provides insurance to retail and wholesale insurance brokers in North America. Specialty lines include ocean and inland marine, cyber, tech E&O, terrorism, active assailant & political violence.
RIG operates as a specialty insurance broker focused on surety, insurance and related offerings for logistics service providers, customs brokers and companies with supply chains.
Benefits
We offer our employees a diverse work environment which champions professional development, innovation and passion; providing employees with a great benefits package. All of our benefits are effective the first day of employment including:
We offer equal opportunity employment regardless of age, sex, race, color, creed, national origin, religion, veteran status, sexual orientation, atypical hereditary traits, marital status, disability, gender identity or expression, or any other characteristic protected by law. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Applicants requiring employer sponsorship of a visa will not be considered for this position.
California applicants, please review our CA Privacy Statement at: https://www.roanokegroup.com/career-opportunities/
Roanoke Insurance Group Inc
Location
Schaumburg , United States
Munich Re Specialty Group North America (MRSG N.A.) is looking for enthusiastic individuals to join us as we grow. As part of Munich Re Group, we are a unique organization providing expertise in specialty and marine lines of insurance as well as surety risks and customs bonds with in-house claims solutions.
We are seeking a full time Associate Underwriter, Surety to join the Roanoke Insurance Group division as a hybrid employee in our Schaumburg, IL office reporting to the AVP, Surety Underwriting.
Job Profile
- Handling risks submitted by field offices/agents and specific risks assigned by management
- Gather underwriting information and make underwriting recommendations on bonds/aggregates (new and renewal) as assigned by his/her supervisor (which will vary, depending on size and nature of risk)
- Review of collateral submissions
- Render service as required by production facilities, including regional offices and brokers/agents
- Execution of bonds beyond authority of production facilities
- Explanation of underwriting decisions
- Handling of general questions regarding the underwriting process
- Use internal systems/maintain records (electronic or otherwise) as needed
- Render assistance/support to claims staff as directed, or when requested by claims staff
- Assist underwriters and supervisors as directed
- Participate in in-house training as applicable and provided
- Carry out such other underwriting/claims-related activities as may be assigned by management consistent with this position’s level of expertise
- 1-2 years of experience in accounting, finance or business related - or -
- Associates Degree in accounting, finance or general business
- No initial Underwriting Authority given; subject to change based on training and performance with max level authority no more than $1MM
- Attention to detail/documentation
- Ability to monitor and meet deadlines
- Effective oral and written communication
- Ability to take direction and prioritize
- Strong decision-making ability
- Proficiency with Excel and Word applications
About Us
MRSG N.A. is the holding company for Roanoke Insurance Group (RIG) and Munich Re Specialty Group Insurance Services (SIS) located throughout 7 locations in the United States and Canada with over 250 employees.
SIS provides insurance to retail and wholesale insurance brokers in North America. Specialty lines include ocean and inland marine, cyber, tech E&O, terrorism, active assailant & political violence.
RIG operates as a specialty insurance broker focused on surety, insurance and related offerings for logistics service providers, customs brokers and companies with supply chains.
Benefits
We offer our employees a diverse work environment which champions professional development, innovation and passion; providing employees with a great benefits package. All of our benefits are effective the first day of employment including:
- Generous healthcare plans
- Voluntary dental & vision plans
- 401(k) plan
- Flexible spending plans
- Health Savings Accounts (HSA)
- Paid time off
- Paid holidays
- Tuition reimbursement
- Short/long term disability
- Paid Parental Leave
- Employee Assistance Program (EAP)
- Employee Wellbeing Program
- Community involvement
- Life insurance
We offer equal opportunity employment regardless of age, sex, race, color, creed, national origin, religion, veteran status, sexual orientation, atypical hereditary traits, marital status, disability, gender identity or expression, or any other characteristic protected by law. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Applicants requiring employer sponsorship of a visa will not be considered for this position.
California applicants, please review our CA Privacy Statement at: https://www.roanokegroup.com/career-opportunities/
Salary : $50,000 - $65,000