Management Liability Underwriter

Job Description
Job Description

This Underwriter opportunity is with the Hiscox USA Management Liability Underwriting Unit (the Unit) located in Chicago, IL. The focus of this position is:

Assist in the Unit's ongoing development of its:
o suite of Directors & Officers Liability (D&O), Employment Practices Liability (EPLI), Fiduciary Liability (FLI) and Employed Lawyers Liability (ELAW) product offerings to Private Companies, Not-For-Profit Organizations and Public Entities;
o broker distribution and commission strategy; and
o underwriting standards, rating manuals, risk models and form filing preparations.
Develop proficiency in general insurance theories and practices as well as the specific underwriting strategies for the Unit;
Develop an expertise in analyzing customer needs;
Contribute to the financial performance of the Unit throughout the training period by assisting in the negotiating of price, coverage and terms for new business and renewals;
Analyze exposures, determining whether the risk meets underwriting criteria, proposing terms and pricing, and ensuring proper documentation;
Build relationships with brokers and engage in marketing efforts;
Collaborate with underwriters, operations, claims, marketing, and home office product management; and
Consistently meet service standards.

Person Specification

B.A./B.S degree in Business, Finance, Economics or related degree; applicants must display high academic achievement in their education.
Excellent written and verbal communication skills, ability to negotiate
Strong financial analysis skills, analytical, and mathematical skills
Team experience, internship, and/or practical work experience
Strong time management skills and ability to prioritize
Ability to effectively interact with all levels of internal and external customers
Strong skills in Microsoft Office (Excel, Word, and PowerPoint), Outlook and Internet applications

Company

Hiscox USA

Job Code

State or Province

Illinois

Apply
Print  Close