MSIG USA

Underwriting Specialist - Retail Property

MSIG USA

full-time

Posted on:

Origin:  • 🇺🇸 United States • Illinois

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Job Level

Mid-LevelSenior

About the role

  • Selects and underwrites the most complex Commercial Lines property risks within delegated underwriting authority
  • Reviews applications and requirements to determine acceptability of risk in accordance with Company guidelines and standards
  • Performs all aspects of the underwriting process and due diligence including review and analysis of financial documents and individual risk factors
  • Applies appropriate pricing techniques according to company filings and state/bureau conformance
  • Monitors underwriting results, premium and loss trends within assigned book of business
  • Delivers quality service to brokers and customers within established service metrics for new, renewal and interim requests
  • Develops and cultivates new and existing broker and customer relationships in assigned territory
  • Works with brokers and clients to create customized insurance solutions
  • Sources new business opportunities through a strong broker and client network
  • Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations in order to drive results within the assigned territory
  • Compiles and documents accounts in accordance with regulatory and internal underwriting guidelines
  • Documents accounts in accordance with regulatory and internal underwriting guidelines
  • Establishes and executes effective and efficient producer and client visits (with appropriate business units – Risk Engineering, Claims and Marketing Representatives) in order to maintain and increase new business
  • Enhances technical expertise in the area of Industrial and Global property underwriting including assisting in Underwriting Manager in the training and development of department staff
  • Analyzes policy forms and endorsements requests from brokers

Requirements

  • Bachelor's degree in Business, Finance, or related field
  • 5-10 years of underwriting experience in large property accounts
  • Proficiency in underwriting large property accounts with particular expertise in underwriting global exposures
  • Familiarity with catastrophe modeling and management of aggregates preferred
  • Existing producer relationships preferred
  • Must have demonstrated negotiation and production skills
  • Excellent verbal and written communication skills