Icon hamburger
US
What job do you want?
Apply to this job.
Think you're the perfect candidate?
Apply on company site
Thumsup

You’re being taken to an external site to apply.

Enter your email below to receive job recommendations for similar positions.
Mxp4h85wx5st93ysgb2

VP Senior Property Underwriter

ExecuNet Chicago Full-Time
Apply on company site

Job Summary

A Property Underwriter is responsible for underwriting individual large industrial Property accounts (focusing on Fortune 2000 type business), carrying out the marketing plan, maintaining technical underwriting expertise, and communicating market developments. The Property portfolio is focused on manufacturing or other industrial type occupancies and related activities. Most of the business is written as Insurance, although reinsurance is also an option.   

Key duties and responsibilities

Marketing retail brokers, reinsurance brokers, and insurance companies to obtain suitable business and negotiate acceptable terms and conditions. Travel throughout the region serviced by the office is required. Extensive knowledge of property broker network. • Evaluating the technical aspects of risks, both from an engineering and underwriting standpoint. • Determining acceptable underwriting terms and conditions to write profitable business. • Determining exposures, normal loss expectancies (NLE’s) and maximum possible loss (MPL). • Pricing of risks for both quota share, and excess layers. • Issuance of necessary paperwork such as binders, policies, certificates and endorsements. • Maintenance of complete underwriting files. • Servicing accounts for renewals and other items, including meetings with Brokers, Insurance Companies, and Risk Managers. • Review and approval of policy wording. • Assistance with premium collections when necessary. • Evaluation of claims, in co-operation with the claims department.   

Required experience & competencies Experience:  

 A minimum of 10 to 15 years underwriting experience or equivalent in the USA of large industrial property risks with a large insurance/ reinsurance company required, with a good knowledge of the primary broker network in that places these risks. Personal Competences: • Knowledge of Microsoft Word, Excel and Power Point • Excellent analytical and communication skills, and negotiating ability. Managerial competences (if applicable):

Experience with Nat. Cat. referrals preferred   

Required Education:

Bachelor Degree required - an engineering degree preferred, but not mandatory • CPCU and/or ARe classes or other insurance studies preferred 

 

Skills required

Wholesaling
Claims
Casualty Insurance
Unsecured Debt
Underwriting
Retail Banking
Apply to this job.
Think you're the perfect candidate?
Apply on company site

Help us improve CareerBuilder by providing feedback about this job: Report this job

Report this Job

Once a job has been reported, we will investigate it further. If you require a response, submit your question or concern to our Trust and Site Security Team

Job ID: 584124

CAREERBUILDER TIP

For your privacy and protection, when applying to a job online, never give your social security number to a prospective employer, provide credit card or bank account information, or perform any sort of monetary transaction. Learn more.

By applying to a job using CareerBuilder you are agreeing to comply with and be subject to the CareerBuilder Terms and Conditions for use of our website. To use our website, you must agree with the Terms and Conditions and both meet and comply with their provisions.

ExecuNet is a private community made up of over 750,000 CEOs and VPs ... leaders and influencers ... executive recruiters and career strategists…linchpins and decision makers. Every day we help thousands evolve their mindset and gain the mastery needed to elevate their work, their company and their team, and have great careers.

Since 1988, we have helped hundreds of thousands of executives make life-changing contacts and gain the insight they need to open doors to remarkable new career and business opportunities; become stronger, inspired leaders; and think through and tackle their biggest business problems.

View the full profile