Underwriter Upper Middle Market Property

Howden•Chicago, IL

3d•$80,000 - $115,000•Hybrid

About The Position

DUAL North America is seeking an Underwriter for its Upper Middle Market Property division. The role evaluates insurable property risks, catastrophe exposures, and pricing models to build a profitable underwriting portfolio. The Underwriter helps shape the underwriting framework, manages new and renewal submissions, and supports portfolio growth while building broker relationships. The position is hybrid and based in Chicago, Atlanta, or New York. Travel may be required up to 20% or more. The role is classified as exempt and full-time, reports to a Senior Underwriter or above, and offers a salary of $80,000–$115,000. Underwriting authority via LOA is expected to be issued within 90–180 days, in accordance with experience level.

Requirements

1–5 years of underwriting experience; property catastrophe industry experience preferred.
Solid understanding of underwriting principles and risk assessment.
Strong analytical, negotiation, and decision-making skills.
Excellent written, verbal, and client-facing communication skills.
Proficiency in Microsoft Office Suite, including Word, Excel, Outlook, and PowerPoint.
Ability to follow policies and procedures.
Self-motivated, with strong attention to detail.
Ability to remain stationary 50% of the time and occasionally move around the office to access cabinets and equipment.
Ability to travel up to 20% or more as required for client meetings, conferences, or industry events.

Nice To Haves

Bachelor’s degree in risk management, finance, business, or a related field preferred.
Professional certifications such as CPCU, AU, or similar designations are a plus.
Property catastrophe industry underwriting experience preferred.

Responsibilities

Meet individual and team production goals developed and agreed upon.
Curate a portfolio in accordance with underwriting guidelines and pricing tools, ensuring submissions meet program standards and are profitable.
Evaluate, select, classify, and rate or price each risk; establish coverage standards and the amount of protection offered.
Achieve annual new and renewal business goals, including agreed premium income, quote numbers, hit ratios, and retentions.
Foster relationships with assigned producers.
Gather and compile information needed to quote or bind accounts.
Prepare and send correspondence, including declination letters, quote follow-ups, and subjectivity reminders.
Apply advanced understanding of technical underwriting principles and risk characteristics in the business line.
Monitor market dynamics, the competitive landscape, and product differences, and communicate market intelligence to the team.
Travel as needed for producer meetings and events.
Provide coverage for other team members during peak periods or when they are unavailable.