Underwriter Upper Middle Market Property

Howden•Chicago, IL

1d•Hybrid

About The Position

DUAL North America is seeking an Underwriter for its Upper Middle Market Property division. The role supports profitable portfolio growth by evaluating risks, managing new and renewal submissions, and building broker relationships. In collaboration with other underwriters, the Underwriter evaluates insurable risks, catastrophe exposures, and property pricing models to produce a profitable portfolio. The role is classified as exempt and full-time, is hybrid, and is based in Chicago, Atlanta, or New York. Travel may be required up to 20% or more. The salary range is $80,000–$115,000. Underwriting authority via LOA is expected to be issued within 90–180 days, with authority granted in accordance with experience level.

Requirements

One to five 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, with occasional movement in 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 is preferred.
Professional certifications such as CPCU, AU, or similar designations are a plus.
Property catastrophe industry underwriting experience is preferred.

Responsibilities

Meet mutually developed and agreed individual and team production goals.
Curate a portfolio in accordance with underwriting guidelines and prescribed 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.
Execute annual new and renewal business goals by achieving agreed premium income and quote numbers, with desired hit ratios and retentions.
Foster relationships with assigned producers.
Gather and compile information required to quote or bind an account.
Generate, edit, and send correspondence such as declination letters, quote follow-ups, and subjectivity reminders.
Apply an advanced understanding of technical underwriting principles and risk characteristics in the business line.
Keep current on market dynamics, the competitive landscape, and product differences, and communicate market intelligence to the broader team.
Travel as needed for producer meetings and events, potentially up to 20% or more.
Fill in for other team members to ensure business continuity during peak periods or when team members are unavailable.