Senior Underwriter - E&O

Core Specialty Insurance Holdings, Inc.•Chicago, IL

1d•$110,000 - $140,000•Hybrid

About The Position

As the Sr. Underwriter, you will manage, examine, and analyze submissions forwarded to Core Specialty by our brokers to determine if the risk is a targeted class of business and subsequently to determine appropriate limits, pricing, and terms that will provide Core Specialty with adequate underwriting profit on each risk. You will be responsible for executing E&O business plans and objectives, building Core Specialty’s reputation and presence in the E&O market, and providing prompt and accurate customer service on policy transactions. You will ensure all risks considered and bound are within delegated authority, underwriting standards, risk selection, peer review, and pricing methodologies. Additionally, you will provide documented evidence of underwriting activities and decisions in files as required, support Company and Department goals and objectives, and build Core Specialty’s relationships with our brokers. You may be required to undertake other duties from time to time as the Company may reasonably require. All duties must be carried out within internal policies and procedures in accordance with applicable law, rules, regulation, good governance, and Core’s Specialty’s shared values, including putting clients at the heart of our business.

Requirements

Bachelor’s degree or equivalent relevant experience.
Minimum of 3+ years Underwriting experience.
Underwriting experience in E&O with an emphasis on A&E or Contractor PL underwriting.
Knowledge of E&O market with an emphasis on Architects and Engineer underwriting.
Knowledge of E&O underwriting practices, coverage & pricing/rating methodologies.
Knowledge of producer & competitor marketplace.
Knowledge of insurance company operations.
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over work authorization sponsorship now or in the future for this position.

Responsibilities

Manage, examine, and analyze submissions forwarded to Core Specialty by our brokers.
Determine if the risk is a targeted class of business.
Determine appropriate limits, pricing, and terms that will provide Core Specialty with adequate underwriting profit on each risk.
Build Core Specialty’s reputation and presence in the E&O market.
Provide prompt and accurate customer service on policy transactions.
Ensure all risks considered and bound are within delegated authority, underwriting standards, risk selection, peer review, and pricing methodologies.
Provide documented evidence of underwriting activities and decisions in files as required.
Support Company and Department goals and objectives.
Build Core Specialty’s relationships with our brokers.
Carry out duties within internal policies and procedures in accordance with applicable law, rules, regulation, good governance, and Core’s Specialty’s shared values.