Underwriter

Starr Insurance Companies$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years' experience in commercial casualty underwriting
  • Expertise in risk assessment, pricing, and portfolio management
  • Strong multitasking and prioritization skills in managing workflows
  • Excellent communication and negotiation abilities
  • Established broker relationships
  • Proficiency in underwriting software and Microsoft Office Suite

Responsibilities

  • Solicit, analyze, and underwrite new and renewal commercial casualty business
  • Evaluate data to assess risks and determine coverage terms
  • Prepare and issue quotations and binders accurately
  • Track pipeline activity and provide production forecasts
  • Build strong relationships with brokers and clients
  • Collaborate with team members to achieve objectives
  • Monitor account performance and recommend improvements
  • Stay updated on industry trends and regulations

Benefits

  • Opportunity to work in a dynamic and experienced team
  • Focus on portfolio management with an emphasis on the Midwest territory
  • Access to continuous professional development
  • Engagement in collaborative cross-departmental efforts
  • Participation in marketing and sales meetings with travel opportunities
Full Job Description
Position Overview:

We are seeking a dynamic and experienced Underwriter to join our Risk Management team in Chicago. This role is responsible for expanding and managing a primary casualty portfolio, with a specific emphasis on risks brokered from the Midwest territory. The Underwriter will oversee all aspects of portfolio management, including solicitation of submissions, underwriting analysis, and the preparation and issuance of indications, quotations, and binders. The ideal candidate will possess a proven track record in commercial casualty underwriting, strong broker relationships, and the ability to deliver quality service while achieving company goals.

Key Responsibilities:
  • Solicit, analyze, and underwrite new and renewal business for General Liability, Liquor Liability, Workers' Compensation, and Commercial Automobile risks
  • Evaluate and interpret data to assess risks and potential exposures, determining appropriate coverage terms and pricing for each policy.
  • Prepare and issue indications, quotations, and binders in a timely and accurate manner.
  • Track pipeline activity and provide weekly production forecasts to management.
  • Build and maintain strong relationships with retail and wholesale brokers, as well as clients, to ensure high levels of service and customer satisfaction.
  • Collaborate with underwriting team members and other departments to achieve company objectives.
  • Monitor account performance, making recommendations for improvements or changes as needed.
  • Stay current with industry trends, regulations, guidelines, and changes to NCCI and ISO policy forms and endorsements.
  • Participate in marketing and sales meetings within assigned territories, including travel as required.


Qualifications:
  • Minimum of 3-5 years' experience in commercial casualty underwriting.
  • Demonstrated expertise in risk assessment, pricing, and portfolio management within the commercial casualty insurance segment.
  • Proven ability to multi-task, prioritize workflows, and manage multiple priorities and deadlines efficiently.
  • Excellent communication, negotiation, and presentation skills, with a professional demeanor in both written and verbal interactions.
  • Established relationships with brokers
  • Proficiency in underwriting software, data analysis, and Microsoft Office Suite.

About Starr Insurance Companies

Starr Insurance Companies Careers

There has never been a better time to join the global team of Starr Insurance Companies—the leading provider of insurance and investment solutions worldwide.

Work You’ll Do

Join Starr Insurance Companies' top-tier team to assist some of the most prestigious clients in navigating their risk management and insurance strategies. Transform the approach to global insurance solutions with the brightest minds at Starr Insurance Companies. This is where innovation meets industry expertise in a dynamic environment. Lead from a unique position in the marketplace, at the crossroads of deep industry knowledge and extensive insurance innovation. Engage with a worldwide network of professionals dedicated to redefining the future of insurance and risk management. Collaborate with a diverse and inclusive team, fostering a culture of professional growth and diversity training.

Introducing the Starr Insurance Companies Professional Growth Path

The team is committed to building a leading career development framework to help individuals master their professional journey within the insurance industry.

Do Innovative Work

Be part of a team that is at the forefront of industry innovation—delivering targeted solutions through a depth of expertise that is unmatched in the insurance sector.

Drive Innovation and Leadership

Develop and implement groundbreaking solutions on trusted platforms, enhancing Starr Insurance Companies' position as a leader in the insurance industry.

Be Part of a Great Team

Join a team that values diversity and leadership, working on a wide range of initiatives that harness the capabilities of Starr Insurance Companies' global presence.

Future-proof Your Career

Advance your career with limitless opportunities supported by unmatched training, development, and certification programs.

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Discover how Starr Insurance Companies is leading the way in predictive analytics to revolutionize risk assessment and management solutions.

The Starr Insurance Companies Edge

With a commitment to innovation and leadership, Starr Insurance Companies helps clients tackle the challenges of today’s dynamic market. Clients globally turn to Starr Insurance Companies for strategic insights and solutions that drive growth and success in the insurance industry.

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