Brookfield Properties

Underwriter II, General Construction

Brookfield Properties$81K — $134K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree and 3+ years of relevant insurance experience, or equivalent education.
  • 3 years of underwriting experience with authority, preferably within FI lines.
  • Proven track record of driving profitable growth.
  • Advanced knowledge of Word, Excel, and Outlook.
  • Strong understanding of negotiation processes.
  • Excellent oral and written communication skills.
  • Detail-oriented with initiative to work independently in a fast-paced environment.

Responsibilities

  • Review and price policies for acceptability based on underwriting guidelines.
  • Utilize underwriting tools for classifications, rates, and premium charges.
  • Engage with brokers in person, via email, and phone to obtain risk details and negotiate terms.
  • Manage the performance of assigned brokers and their portfolios.
  • Analyze and interpret data from reports and dashboards.
  • Maintain a complete underwriting file and perform underwriting analysis.
  • Resolve audit disputes in the assigned territory.

Benefits

  • Comprehensive health, dental, and vision insurance.
  • 401(k) plan with company match.
  • Paid time off policies.
  • Performance-based incentives and annual bonuses.
  • Professional development opportunities.
Full Job Description

Job Description

This is a production underwriting position responsible for marketing,underwritingand processingassignedlines of business.


This is a100%in-office position. Candidates must be able to work on-site at a designated company office during standard business hours.

Essential Responsibilities:

  • Review and price policies to verify acceptability based upon company underwriting guidelines and granted underwriting authority.

  • Utilize underwriting tools todetermineaccurateclassifications, rates, and premium charges.

  • Interact in person, via email, and by phone with brokers to obtain further risk-specific details, negotiate terms and pricing, and explain company positions.

  • Manage assignedportfolioin underwriting territory, including the performance (GWP, loss ratio) of assigned brokers.

  • Create, analyze, and interpret data from various reports/dashboards.

  • Complete underwriting analysis andmaintaincomplete underwriting file.

  • Resolve audit disputes within assigned territory.

  • Review state laws, including cancellation and non-renewal, within assigned territory to properly transact business within the state.

  • Participate in educational sessions within the department.

Qualifications / Experience Required:

  • Bachelors degree and three-plus years related insurance experience and/or equivalent combination of education

  • Three years underwriting experience with authority, preferably in FI lines

  • Proventrack recordof driving profitable growth

  • Advanced knowledge of computer programs, including Word, Excel, and Outlook

  • Demonstrates an understanding and ability to effectively engage in the negotiation process

  • Strong oral and written communication skills

  • Previousinsurance educational work, IIA and CPCU designation preferred

  • Detail oriented with initiative and the ability to work independently in a fast-paced environment

  • Excellent analytical skills

  • Ability to travel

The base salary range provided below is for hires in those geographic areas only and will be commensurate with candidate experience. Pay ranges for candidates in other locations may differ based on the cost of labor in that location.

In addition to base salary, this position is eligible for an annual bonus based on company and individual performance as well as a generous benefits package.

  • Richmond & Omaha Pay Range $74,052 - $121,992
  • Chicago Houston & Albany Pay Range $$81,294 - $134,232
  • Los Angeles & New York City Pay Range $88,842 - $146,472

Benefits and Compensation

We offer a competitive compensation package, performance-based incentives, and a comprehensive benefits programincluding health, dental, vision, 401(k) with company match, paid time off, and professional development opportunities.


About Brookfield Properties

Brookfield Properties is a global real estate company that owns, develops, and manages premier properties in major cities around the world. The company's portfolio includes office, retail, multifamily, and industrial properties, as well as hospitality and entertainment venues. Brookfield Properties is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact. The company is headquartered in New York City and has operations in North America, Europe, and Asia.
Learn more about Brookfield Properties
Size
2,000 employees
Industry

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