VP Underwriting - D&O

Posted: Friday, 19 April 2024
Valid Thru: Sunday, 19 May 2024
Index Requested on: 04/20/2024 01:39:29
Indexed on: 04/20/2024 01:39:29

Location: chicago, IL, 60606, US

Industry: Consumer Services
Occupational Category: 13-0000.00 - Business and Financial Operations
Type of Employment: FULL_TIME

Core Specialty Insurance Services, Inc. is hiring!

Description:

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Accountable to underwrite mid-market sized Management Liability accounts including D& O, EPLI and Fiduciary lines for public, private and NFP entities and to achieve strategic objectives within delegated underwriting authority.

Key Accountabilities:

  • Underwrite $5 to $7 million book of new and renewal accounts to achieve premium and profit objectives.

  • Select risks consistent with Group and Practice Area Underwriting Rules and within delegate UW Authority

  • Price risks to meet or exceed pricing and profitability targets

  • Develop producer relationships and enhance Core Specialty’s reputation in the market

  • Deliver quotes, binders and policies within established service standards

  • Manage a small team of UW to promote business for Core Specialty

  • Expand new business opportunities through development of new producer relationship and enhance existing relationships

  • Support the StarStone brand by participating in regional group marketing events

  • Proactively expand and maintain knowledge of the insurance market

  • Comply with regulatory requirements

Experience:

  • Bachelors’ degree and 10 years of management liability underwriting experience

  • Experience underwriting D& O, EPL, and Fiduciary coverages for private, public and not for profit organizations

  • Above average understanding of management liability policy coverage and forms

  • Above average understanding of management liability risk selection and underwriting processing skills

  • Strong ability to understand and evaluate financial statements for private, public and not for profit organizations.

  • Excellent communication, influencing and mediation skills

  • In-depth knowledge of the wholesale brokerage community with established relationships

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At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program

Responsibilities:

Please review the job description.

Educational requirements:

  • high school

Desired Skills:

Please see the job description for required or recommended skills.

Benefits:

Please see the job description for benefits.

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