Construction, Senior Regional Underwriting Manager

Safety National • Chicago, IL

8d • Hybrid

About The Position

Safety National is hiring a senior underwriting professional for its Insurance Underwriting department. The role focuses on expanding the company’s presence in the construction insurance marketplace and managing complex, multi-line large deductible accounts in an assigned territory. The manager owns underwriting and business development activities, evaluates construction risks, develops pricing and program structures, and makes underwriting decisions that support profitable growth. The position also involves cultivating broker, agent, and client relationships; identifying new business opportunities; and collaborating with Actuarial, Claims, Legal, and other business units. As a senior team member, the manager may share expertise, mentor underwriters, and strengthen the team’s multi-line underwriting capabilities.

The position permits candidates outside the Chicago area to work remotely or from a regional office. It also allows a hybrid schedule with at least three days per week in Safety National’s Chicago office. Employees must submit work-from-home requests and comply with the company’s work-from-home policy. Candidates must already be authorized to work in the United States without requiring current or future employer-sponsored work authorization.

Safety National is a specialty insurance and reinsurance provider and a wholly owned subsidiary of Tokio Marine. The company describes its culture as relationship-focused and emphasizes employee rewards, career development, well-being, and community impact. The target base salary range is $149,000 to $200,500; compensation depends on the 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 complex risk analysis, loss experience evaluation, financial assessment, and development of 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 underwriting decisions and identify sustainable growth opportunities.
• Proven negotiation and relationship-management skills, including the ability to influence stakeholders and communicate complex underwriting concepts.
• Excellent written and verbal communication skills, including presenting underwriting recommendations and business proposals to internal and external audiences.
• Strong organizational and time-management skills; ability to manage multiple accounts, prioritize competing demands, and meet business objectives.
• Ability to collaborate across departments and work within underwriting guidelines and delegated authority levels.
• Present authorization to work in the United States without requiring employer-sponsored work authorization now or in the future.

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 in the assigned territory, following underwriting guidelines, profitability objectives, and delegated authority.
• Develop and maintain relationships with brokers, agents, and insureds; communicate the company’s value proposition and identify profitable growth opportunities.
• Evaluate underwriting submissions, including applications, financial statements, loss-control reports, claims histories, and other relevant information.
• Analyze loss trends, large-loss exposures, and historical performance to set pricing, retention levels, aggregate attachments, limits, and coverage structures.
• Develop underwriting proposals and negotiate terms that address client needs while supporting underwriting profitability.
• Promote the company’s multi-line underwriting capabilities and identify opportunities to expand market awareness and generate 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 and achieve production and financial 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 territory.
• Represent Safety National at 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.

Benefits

• Competitive compensation, including base salary, holiday bonus, and incentive awards.
• Health insurance coverage.
• Dental coverage.
• Vision coverage.
• Health savings accounts.
• 401(k) retirement savings match.
• Annual profit-sharing contribution.
• Adoption, fertility, and surrogacy benefits.
• Generous paid time off.
• Paid holidays.
• Paid parental and caregiver leave.
• Hybrid work environment.
• Company-paid life insurance.
• Company-paid disability coverage.
• Professional growth and development opportunities.
• Employee recognition and well-being programs.
• Tuition reimbursement.
• Wellness perks.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior