Construction, Senior Regional Underwriting Manager

Safety National•Chicago, IL

9d•$149,000 - $200,500•Hybrid

About The Position

Safety National is seeking an experienced construction underwriting professional to expand its presence in the construction insurance marketplace and manage a portfolio of complex, multi-line large deductible accounts. The role owns underwriting and business development activities within an assigned territory, applying technical expertise and relationship-building skills to identify opportunities, develop insurance solutions, and support profitable growth. The position evaluates complex construction risks, determines appropriate pricing and program structures, and makes underwriting decisions that balance growth with sustainable profitability. It works with Actuarial, Claims, Legal, and other business units to address client needs, and offers opportunities to mentor fellow underwriters and strengthen multi-line underwriting capabilities. The position is hybrid and requires at least three days per week in Safety National’s Chicago office. Qualified candidates residing outside the Chicago area may work remotely or from a regional office. Employees must follow the company’s work-from-home policy. Candidates must be authorized to work in the United States without current or future sponsorship. Safety National is a specialty insurance and reinsurance provider and a wholly owned subsidiary of Tokio Marine, Inc. The target base salary range is $149,000 to $200,500; compensation depends on the successful candidate’s knowledge, skills, competencies, experience, and geographic location.

Requirements

Bachelor’s degree in Business Administration, Finance, Risk Management, Insurance, or a related field, or equivalent experience.
Extensive commercial casualty underwriting experience, including large deductible and national account programs, with demonstrated success in production underwriting.
Strong technical underwriting expertise, including analyzing complex risks, loss experience, and financial information and developing appropriate pricing and coverage structures.
Demonstrated success developing broker and agency relationships, generating new business, and achieving profitable underwriting results.
Strong business acumen and analytical skills, including the ability to use data to make sound underwriting decisions and identify sustainable growth opportunities.
Proven negotiation and relationship management skills, including influencing stakeholders and communicating complex underwriting concepts.
Excellent written and verbal communication skills, including presenting underwriting recommendations and business proposals.
Strong organizational and time management skills, including managing multiple accounts and competing priorities.
Ability to collaborate across departments and work within established underwriting guidelines and delegated authority levels.
Must be authorized to work in the United States without requiring company sponsorship now or in the future.
For the Chicago hybrid arrangement, work at least three days per week in the Chicago office; qualified candidates outside the Chicago area may work remotely or from a regional office.
Follow the company’s work-from-home policy.

Nice To Haves

At least 10 years of commercial casualty underwriting experience, particularly in large deductible, national account, or construction insurance programs.
Experience underwriting multi-line casualty programs for large construction accounts.
Consistently strong performance in underwriting production, portfolio management, and profitable business development.
Previous senior underwriting or leadership experience, including coaching, mentoring, or providing technical guidance.
Experience evaluating reinsurance arrangements, negotiating complex insurance programs, and developing customized coverage solutions.
Familiarity with construction industry exposures, emerging risks, and insurance market trends.
Chartered Property Casualty Underwriter (CPCU) designation.
Strong professional network within the construction insurance brokerage community.

Responsibilities

Underwrite new and renewal multi-line large deductible construction accounts within the assigned territory, following underwriting guidelines, profitability objectives, and delegated authority.
Develop relationships with brokers, agents, and insureds; communicate Safety National’s value proposition and identify profitable growth opportunities.
Evaluate underwriting submissions, including applications, financial statements, loss control reports, and claims histories.
Analyze loss trends, large loss exposures, and historical performance to establish pricing, retention levels, aggregate attachments, limits, and coverage structures.
Develop underwriting proposals and negotiate terms that meet client needs and support long-term profitability.
Promote Safety National’s multi-line underwriting capabilities and identify opportunities to expand market awareness and generate new business.
Collaborate with Actuarial on pricing, Legal on contractual and regulatory matters, and Claims on claims administration and third-party administrator relationships.
Assess reinsurance needs and determine placement strategies when necessary.
Build a pipeline of prospective business through broker and client meetings, account development, and relationship management.
Monitor production and financial performance objectives, including submission activity, hit ratios, yield ratios, retention, and profitability.
Evaluate existing agency relationships and recommend new agency appointments to strengthen distribution in the assigned territory.
Represent Safety National at industry conferences, seminars, and networking events.
Provide technical guidance, coaching, and mentorship to underwriting colleagues.
Maintain accurate underwriting documentation, communicate recommendations, and collaborate with senior underwriting leadership on complex account decisions.
Protect the confidentiality, integrity, and availability of information and technology assets in accordance with company policies, standards, and procedures.