Director of Underwriting

HUB International•Itasca, IL

22h•$175,000 - $200,000•Remote

About The Position

At HUB, we believe the best work happens when people are given real space to grow and then given the autonomy to exercise it. We power progress and protect ambition: for the clients who count on us, and equally for the people who make that possible every day. We’re creative thinkers and determined doers, guided by values that show up in how we work together: with empathy, adaptability, accountability and a genuine commitment to one another’s success. We foster bold ideas, celebrate curiosity and share what we know. Because when people grow, the work they do grows with them. Our purpose is deeply human: to help people navigate the world on their terms, at their speed, toward their future. We hold that same commitment to the people building careers here. Whether you’re starting out or leveling up, you’ll find the resources to evolve, the support to take on more and a team ready to back you at every stage. Your ambition has a home here. About Specialty Program Group: Our goal is to partner with industry-leading specialty businesses to provide them with the ability to achieve their goals and optimize their businesses. Specialty Program Group offers access to capital and investment, deep carrier relationships, creative thinking, product development and broad distribution, while allowing our businesses to maintain the essence of what makes them successful. Specialty Program Group delivers leading-edge specialty expertise backed by transformative digital capabilities and sophisticated data and analytics. About Encore Fiduciary: At Encore Fiduciary, we strive to be best-in-class underwriters in professional and management liability insurance niches in which we have demonstrated expertise and expertise. We earn our business by providing value to broker partners and policyholders with management liability expertise, thought leadership and risk management for our client. As a Senior Underwriter, you will play a critical role in growing our business by supporting our leading thought leadership and advocacy for our plan sponsor policyholders. To underwrite profitable new and renewal business opportunities in Encore Fiduciary’s fiduciary and management liability underwriting departments by: Servicing the renewal book, producing new business, underwriting, and account management of management liability and fiduciary liability Building relationships with brokers and clients to meet/exceed divisional growth goals. Exercising discretion and independent judgment in the analysis and evaluation of the risk. Making independent sales calls to market and cross-market products. Negotiating with brokers within the limits of delegated authority in accordance with established underwriting standards to achieve profitable objective.

Requirements

Must have minimum 8 years’ experience underwriting management liability– specifically D&O, EPL, Fiduciary, & Crime
Established/existing relationships with retail or wholesale brokers that specialize in management liability insurance
Ability to function well in a team as well as with people from all levels of the industry, internally and externally.
Excellent written and oral communication skills.
Detail oriented with strong mathematical skills.
Self-motivator; ability to take initiative; possesses drive.
Ability to present oneself in a professional manner.
Ability to work independently and with minimal supervision.
Ability to handle multiple tasks in a fast-paced environment.

Nice To Haves

College degree and/or professional designation preferred.
Experience underwriting private companies preferred.

Responsibilities

Underwrite new and renewal submissions with an emphasis on risk analysis, coverage and price.
Indicate, quote, request additional information or decline in accordance with established guidelines, authorities and procedures outlined by the insurance carrier and/or the department.
Develop, over time, an expertise in fiduciary liability insurance for multiemployer, governmental, and for-profit plan sponsors.
Foster producer relationships by actively making marketing telephone calls and on occasion accompany the marketing team for an office visit.
Maintain servicing standards for all facets of underwriting.
Maintain a solid working relationship with insurance carrier and agents/brokers.
Demonstrate the ability to articulate coverage differences and company stances to brokers.
Develop comprehensive referrals for the management team to review or for carrier approval.
Perform other duties and projects as assigned by management.