Underwriter - General Property

Starr Specialty Lines Insurance Agency • Chicago, IL

259d

About The Position

Starr Insurance Companies is seeking a highly skilled and experienced Underwriter to join our dynamic team, specializing in large property accounts. As a key player in our profit center, the Underwriter will play a crucial role in assessing risk, underwriting policies, and contributing to the profitability and growth of our portfolio.

Requirements

• Bachelor's degree in a related field; advanced degree or professional certifications are a plus.
• Minimum of 3 years of underwriting experience in large property accounts.
• In-depth knowledge of the energy industry, including familiarity with various energy sources, technologies, and associated risks.
• Strong analytical and decision-making skills with the ability to assess complex risks.
• Excellent communication and negotiation skills, with the ability to build and maintain relationships.
• Proven track record of meeting underwriting goals and contributing to the profitability of a portfolio.
• Proficient in using underwriting software and other relevant tools.

Responsibilities

• Evaluate and underwrite large property insurance submissions.
• Conduct comprehensive risk assessments and analysis to determine appropriate coverage, terms, and pricing.
• Collaborate with brokers, clients, and internal teams to gather necessary information and ensure a thorough understanding of each risk.
• Maintain a keen awareness of industry trends, regulatory changes, and emerging risks.
• Develop and maintain strong relationships with clients, brokers, and other key stakeholders.
• Work closely with the management team to establish underwriting guidelines and strategies for the portfolio.
• Monitor and manage the performance of the assigned portfolio, making recommendations for adjustments as needed.

Benefits

• First class training and development opportunities for all employees.
• Commitment to creating an inclusive environment for all employees.

What This Job Offers

• Career Level: Mid Level
• Education Level: Bachelor's degree