Renewal Underwriter - Chicago, United States - CapSpecialty

CapSpecialty

Verified Company

Chicago, United States

1 week ago

Posted by:

Mark Lane

beBee recruiter

Description

Renewal Underwriter - Environmental

_ Hartford, CT/Middleton, WI / Chicago, IL_
Want to join an exciting and collaborative company that offers competitive compensation and benefits packages - including an innovative open vacation plan, fully vested matching 401k, professional and educational growth opportunities, flexible, hybrid work environment, and recognition for exceptional performance?

CapSpecialty* is seeking a business-focused _Renewal Underwriter _with responsibilities including selecting profitable risks and managing book of business by underwriting renewal business or assigned new business opportunities and building solid relationships with brokers and co-workers by providing a high level of customer service and accountability.

Dutie/Responsibilities:

Underwrite renewal business and assigned new business opportunities and triage submission data to determine if the opportunity is a fit/continues to fit to our appetite and if the target pricing is aligned with our profitability needs.
Ensure smooth workflow and excellent customer service to brokers by prioritizing multiple tasks, responding to inquiries, preparing pricing using the rating model, issuing detailed quotes, assisting with technical issues, utilizing effective problem solving, and by being available to deliver exceptional service.
Assist brokers by responding to inquiries and assisting in coverage selection.
Review endorsements by evaluating impact of change, current policy status and conditions.
Ensure communication by working with other departments to explain, evaluate and resolve problems or issues of common concern.
Contribute to team effort by accomplishing related results as needed.

Education & Experience:

Associates degree in Risk Management, or equivalent, or combination of education and work experience
3 to 5 years of industry experience as an underwriting assistant or a minimum 2 years direct underwriting experience preferred.
Completion or continuing work towards industry certification (RPLU, CIC, CPCU, etc.) preferred.

Essential skills:

Knowledge of insurance contracts, basic accounting, risk management techniques, and state regulations.
Excellent interpersonal and communication skills with the ability to interact well with internal and external resources at all levels.
Must be highly organized, detailoriented, accurate, provide timely responses, and posess excellent customer service skills.
Forwardthinking capability, with problemresolution and analytical skills.
General familiarity with environmental liability and/or knowledge of insurance and underwriting technical basics desired.
Basic understanding of financial evaluation tools and rating models helpful

CapSpecialty is a leading provider of specialty insurance and bonds for small