Property Underwriting Executive-GenStar - Chicago, IL, United States - Gen Re
Description
Shape Your Future with UsGenStar is a premier specialty and surplus lines provider,underwriting specialty property and casualty (P&C) insurance for risks with
more difficult exposures. GenStar markets through appointed wholesale brokers
and managing general agents (MGAs) in the United States. GenStar is an indirect
subsidiary of General Re Corporation, which is a holding company for global
reinsurance and related operations with more than 2,000 employees worldwide.
General Re Corporation is a subsidiary of Berkshire Hathaway Inc. The GenStar Property
Brokerage Division underwrites coverage for a wide variety of commercial
property risks including Habitational, Mercantile, Office Buildings,
Hotels/Motels, Nursing Homes, Light Manufacturing, and other distressed,
unique, and catastrophe-exposed risks. Coverage is provided on an excess and surplus lines basis.
GenStar currently offers an excellent opportunity for Property Underwriting Executive-GenStar based out of our Chicago office. This is a hybrid role.
Role DescriptionThe Underwriter performs a wide array of underwriting and marketing functions, demonstrating knowledge and competence in both client relationship
management and technical underwriting skills. Underwriting functions include
analyzing and evaluating complex risks and exposures, and applying a working
knowledge of rates, forms, pricing
structures, terms and conditions in property insurance. The Underwriter
collaborates with team members within the branch and across the Division daily,
leveraging the company's resources to provide a best-in-class response to our valued clients. Marketing functions include remote and in-person
broker meetings and require occasional travel for meetings and conferences
Responsibilities:
Underwriting
Analysis:
The
Underwriter researches and analyzes complex risks and exposures, using critical thinking skills in applying the tools and
resources available to structure competitive and sound proposals. Each underwriter contributes to our team, where discussion of account opportunities and sharing of knowledge is part of our daily
routine and manages a flow of submissions where speed of response is valued by clients. The Underwriter is adept in the
application of rates, forms, pricing, structures, and terms and conditions, and
recognizes the direct impact each decision has on developing a profitable book business.
Relationship
Building:
The Underwriter manages and develops existing
client relationships and identifies new prospects. Seeking to bring a creative array of alternatives, options, and
solutions to clients, he/she is comfortable connecting with and influencing clients at the management level. In conjunction
with the other underwriters and with his/her manager's support, the Underwriter
develops strategies to broaden
their opportunities by crafting sound client management plans.
Learning
& Development:
The Underwriter takes an active role in
increasing his/her knowledge of industry policies,
principles, and newly emerging exposures by attending and actively
participating in company underwriting
and technical seminars as well
as outside industry‐related courses (CPCU,ASLI). Self-motivated and intellectually curious Underwriters thrive in
our learning-based culture.
Related
Activities:
The Underwriter seeks opportunities to lead
or contribute to underwriting and marketing initiatives
for the branch or Property Division, including developing new products,
training new underwriters, and workingon special client entertainment or educational events.
Role Qualifications and ExperienceMinimum of three years commercial insurance industry experience (five or more years preferred)Strong analytical and critical thinking skillsStrong verbal and written communication skillsStrong client relationship management skillsDemonstrated commitment to learningWell‐developed industry knowledgeEnthusiastic team player / self‐starterSalary Range117, ,000.
00 USD Theannual base salary range posted represents a broad range of salaries around the
U.S. and is subject to many factors including but not limited to credentials,
education, experience, geographic location, job responsibilities, performance,
skills and/or training.
Our AddressGeneral Reinsurance Corporation120 Long Ridge RoadStamford, CT US) At
General Re Corporation, we celebrate diversity and are committed to creating an
inclusive environment for all employees. It is the General Re
Corporation continuing policy to afford equal employment opportunity to all
employees and applicants for employment without regard to race, color, sex
(including childbirth or related medical conditions), religion, national origin
or ancestry, age, past or present disability, marital status, liability for
service in the armed forces, veterans' status, citizenship, sexual orientation,
gender identity, or any other characteristic protected by applicable law. In
addition, Gen Re provides reasonable accommodation for qualified individuals
with disabilities in accordance with the Americans with Disabilities Act.
C'est la politique continue de la Société Générale de Réassurance d'offrir des opportunités d'emploi égales à tous les employés et candidats à l'emploi sans distinction de race, de couleur, de sexe (y compris la grossesse), de croyance (religion), de lieu d'origine ou d'ascendance, d'âge, de handicap, d'état matrimonial, de situation familiale, de citoyenneté, d'orientation sexuelle, d'identité de genre, d'expression de genre ou toute autre caractéristique protégée par la législation applicable en matière de droits de l'homme.
En outre, Gen Re propose des accommodements raisonnables dans le processus de candidature et dans le cadre de l'emploi, jusqu'au point de contrainte excessive.