Excess Workers' Compensation, Senior Underwriter
Chicago, IL - USA
Job Summary
At Safety National we dont just offer jobs we build careers with purpose! Since 1942 weve been an industry leader valuing integrity teamwork and stability while providing competitive rewards top-tier benefits career growth opportunities and flexible work options that promote balance. With tuition reimbursement wellness perks and a strong community impact we invest in your successboth personally and professionally. Ready to grow with us Apply today!
Follow this link to view all of our available careers and apply: opportunity is in the Insurance Underwriting department
The Insurance Underwriting Department offers a culture of empowerment to produce results and resolve clients issues. Our team has an excellent track record of success with an experienced and creative group of people that work well together while underwriting various lines of coverage for large accounts representing numerous industries.
Role Description:
As an Excess Workers Compensation Senior Underwriter you will play a key role in underwriting servicing and driving the profitability of a book of business within your assigned territory. You will evaluate new and renewal excess workers compensation opportunities analyze complex risk and loss information establish appropriate program structures and pricing and negotiate coverage premium terms and conditions with brokers within your underwriting authority.
In this highly visible role you will build and maintain strong relationships with brokers and insureds while serving as a local representative of Safety National. You will have the opportunity to meet directly with clients and risk management professionals evaluate operations and exposures develop a pipeline of new opportunities and communicate the value of Safety Nationals coverage and services. You will use claim data loss trends actuarial information state workers compensation benefits financial information and other underwriting resources to make informed decisions and develop solutions that appropriately balance risk and opportunity.
You will collaborate across Underwriting Business Development Claims Loss Prevention Legal Actuarial and other internal teams to support new and renewal business. You will also participate in producer and client meetings stewardship discussions industry conferences and strategic initiatives while sharing your knowledge with less-experienced underwriting professionals. Success in this position requires strong analytical and organizational skills excellent written and verbal communication sound underwriting judgment and the ability to independently manage multiple priorities while maintaining Safety Nationals underwriting standards. The role also requires a willingness to spend approximately 40% of your time outside the office soliciting new business developing relationships and supporting renewal business.
Qualifications:
Education:
A Bachelors Degree is required or sufficient on-the-job experience in underwriting. A degree in business administration with a major in insurance accounting finance marketing or a related field is preferred.
Required Qualifications:
- 3 or more years of experience underwriting large workers compensation accounts.
- Experience underwriting large excess workers compensation and group/association accounts.
- Regional/local market knowledge of brokers and accounts.
- Strong verbal and written communication skills with a strong background in marketing.
- Strong analytical organizational and efficiency skills.
- Ability to multitask and prioritize responsibilities to meet multiple deadlines.
- Ability to work independently while adhering to company underwriting guidelines.
- Proficiency with Microsoft Outlook Excel and Word.
- Willingness to spend approximately 40% of time outside the office soliciting new business building relationships and maintaining renewal business.
- Must be presently authorized to work in the U.S. without a requirement for work authorization sponsorship by our company for this position now or in the future
- This position allows for a hybrid work schedule which includes a minimum of 3 days per week in our Chicago IL office located at 311 S. Wacker Dr. Suite 6350 Chicago IL. All employees are required to submit work from home requests and follow our Work From Home policy which will be provided to all candidates selected to interview.
Preferred Qualifications:
- Bachelors degree in business administration with a major in insurance accounting finance marketing or a related field.
- CPCU or other relevant professional designation.
Protect the confidentiality integrity and availability of information and technology assets against unauthorized disclosure destruction and/or alteration in accordance with Safety National policies standards and procedures.
Safety National is a leading specialty insurance and reinsurance provider. Our culture is built upon relationships which allow us to demonstrate our expertise gained through our rich 80-year history. As a wholly-owned subsidiary of Tokio Marine Inc. we appreciate the benefits and support provided by our affiliation with one of the top 10 insurance companies in the world.
Total Rewards That Put Employees First
In our vision to be First with Co-Workers compensation that includes base salary holiday bonus and incentive awards is only a small portion of the comprehensive total rewards package we offer. Our total rewards approach recognizes and rewards the time talents efforts and results of our valued employees. Highlights of our exceptional benefits include generous health dental and vision coverage health savings accounts a 401(k)-retirement savings match and an annual profit sharing contribution. We proudly offer family forming benefits for adoption fertility and surrogacy generous paid time off and paid holidays paid parental and caregiver leave a hybrid work environment and company-paid life insurance and disability. To support employees in their career journeys we provide professional growth and development opportunities in addition to employee recognition and well-being programs. Apply today to learn more.
Safety National is committed to fair transparent pay and we strive to provide competitive market-based our vision to be First with Co-Workers compensation is only one piece of the comprehensive total rewards package we offer. The target base salary range for this position is $101500 to $131000. Compensation for the successful candidate will consider the candidates particular combination of knowledge skills competencies experience and geographic location.
#LI-Hybrid
Required Experience:
Senior IC