Senior Underwriter - Retail Property

MSIG USA • Chicago, IL

10d • $150,000 - $200,000 • Hybrid

About The Position

MSIG USA is seeking a Senior Underwriter - Retail Property to underwrite profitable property business on a nationwide basis in accordance with Corporate goals. This role involves selecting and underwriting complex property risks, reviewing applications, performing due diligence, applying pricing techniques, monitoring underwriting results, and delivering quality service to brokers and customers. The position also focuses on developing broker and customer relationships, sourcing new business, preparing documentation for adverse decisions, and conducting producer and client visits. Additionally, the role requires enhancing technical expertise in Industrial and Global property underwriting and assisting in staff training.

Requirements

• Bachelor's degree (B. A.) required
• 7+ years of related multi-line background required.
• Must have demonstrated negotiation and production skills.
• Excellent verbal and written communication skills

Nice To Haves

• Existing producer relationships preferred.

Responsibilities

• Selects and underwrites complex property risks within delegated underwriting authority.
• Reviews applications and requirements to determine acceptability of risk in accordance with Company guidelines and standards.
• Perform all aspects of the underwriting process and due diligence including review and analysis of financial documents and individual risk factors.
• Applies appropriate pricing techniques according to company filings and state/bureau conformance.
• Monitors underwriting results, premium and loss trends within assigned book of business.
• Deliver quality service to brokers and customers within established service metrics for new, renewal and interim requests.
• Develop and cultivate new and existing broker and customer relationships in assigned territory.
• Work with brokers and clients to create customized insurance solutions.
• Source new business opportunities through a strong broker and client network.
• Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations in order to drive results within the assigned territory.
• Document accounts in accordance with regulatory and internal underwriting guidelines.
• Establishes and executes effective and efficient producer and client visits (with appropriate business units – Risk Engineering, Claims and Marketing Representatives) in order to maintain and increase new business.
• Enhances technical expertise in the area of Industrial and Global property underwriting including assisting in Underwriting Manager in the training and development of department staff.

Benefits

• Equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law.
• Reasonable accommodations for qualified individuals with disabilities.

What This Job Offers

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