Senior/Executive Underwriter - MPL/LPL

Crum & Forster•Chicago, IL

4d•Hybrid

About The Position

Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A+"(Superior) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry. Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the 2024 Great Place to Work® Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion. C&F is part of Fairfax Financial Holdings, a global, billion dollar organization. For more information about Crum & Forster, please visit our website: www.cfins.com. UNDERWRITER/SENIOR UNDERWRITER (Lawyers Professional Liability and other E&O lines) - Preferred locations New York, NY or Jersey City, NJ. Chicago, IL. Hybrid Role with 2 to 3 days in the Office. Summary: The Senior/Executive Underwriter (LPL) is responsible for building and maintaining a book of Lawyers Professional Liability business, including both primary and excess. This role follows underwriting guidelines, rating manuals, and rules promulgated by the actuaries and LPL product management teams, reviews insurance applications, and quotes and binds insurance within delegated authority. The position involves working with brokers in the assigned territory to solicit business and market the company’s products, through phone calls and in-person interaction/travel. This role offers a clear path for advancement to a leadership position, with opportunities to mentor junior underwriters, participate in strategic initiatives, and contribute to product development and team management.

Requirements

Experience with Lawyers Professional Liability
Bachelor’s degree and 6-8+ years of relevant underwriting experience.
Strong analytical skills; exceptional attention to detail.
Self-directed, strong organizational skills.
Solid computer skills including Word, Excel: email & internet-based technology.
Solid verbal and written communication, as well as math skills.
Ability to work in a fast-paced environment, and collaboratively.
Will abide by departmental policies and procedures, including authority levels, to comply with C&F’s risk management controls.
Demonstrated interest in professional development and leadership.

Nice To Haves

Experience mentoring or training others is a plus.

Responsibilities

Achieve underwriting production, profitability, and other financial targets for assigned brokers.
Work with assigned brokers to market LPL insurance products, including traveling across the United States, as needed.
Assist team leadership in the development and enhancement of new and existing products.
Communicate to management concerns of key brokers and market opportunities.
Ensure policy transactions are rated, booked, invoiced, and issued accurately and meet corporate time service standards. Transactions include quotes, new business, renewals, endorsements, and cancellations.
Generate insurance quote letters and binder letters for LPL and related products per underwriter instructions.
Policy issuance and in-force account management and servicing.
Assist in quality verification of all policy transactions, processes, and procedures.
Electronically print documents into the imaging system/electronic underwriting file, page mark, and label the documents appropriately adhering to corporate protocols.
Communicate, as needed, with producers to obtain information needed to complete transactions, etc. Contribute to service excellence by answering producer questions regarding policy status and insurance inquiries.
Mentor and support junior underwriters, sharing expertise and fostering professional growth.
Participate in special projects and strategic initiatives, including process improvement and product innovation.
Prepare for future leadership responsibilities by collaborating with management on team goals and performance metrics.
Other duties as assigned.

Benefits

We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodation, please let us know.
Flexible work arrangements.
Competitive compensation package.
Company car provided
Generous 401K employer match.
Employee Stock Purchase plan with employer matching.
Generous Paid Time Off.
Excellent benefits that go beyond health, dental & vision. Our Wellness programs focus on your family’s complete wellness, including your physical and mental wellbeing
A core C&F principle is that you manage your career. To support your development, we have a wealth of ways for you to keep learning, including tuition reimbursement, industry related certifications and professional training available to you.
A dynamic, ambitious, fun and exciting work environment.
A spirit of social responsibility, matching donation program, volunteer opportunities, and an employee driven corporate giving.