Director of Underwriting

Hub International; Itasca (IL); On-site; USD 175,000 - 200,000; Full time

Job summary

HUB International seeks a Director of Underwriting to grow fiduciary and management liability capabilities within Encore Fiduciary and SPG in the U.S. market. You will underwrite, service renewals, and build broker and client relationships to drive profitable growth.

The role demands deep D&O, EPL, fiduciary and crime knowledge, strong leadership, and collaborative execution across teams. Competitive compensation and comprehensive benefits are offered.

Qualifications

• Minimum 8 years’ experience underwriting management liability (D&O, EPL, Fiduciary, Crime).
• Established/existing relationships with retail or wholesale brokers that specialize in management liability insurance.
• Ability to function well in a team as well as with people from all levels of the industry; strong written and oral communication; detail oriented with strong math skills.

Responsibilities

• Underwrite new and renewal submissions with emphasis on risk analysis, coverage and price.
• Indicate, quote, request additional information or decline per guidelines and procedures.
• Develop expertise in fiduciary liability insurance for multiemployer, governmental, and for-profit plan sponsors.

Skills

Underwriting

Management liability

D&O

EPL

Fiduciary

Crime

Broker relationships

Analytical skills

Communication skills

Education

Bachelor's degree or professional designation preferred

Job description

A path for every ambition. At HUB, we believe the best work happens when people are given real space to grow and then given the autonomy to exercise it. We power progress and protect ambition: for the clients who count on us, and equally for the people who make that possible every day. We’re creative thinkers and determined doers, guided by values that show up in how we work together: with empathy, adaptability, accountability and a genuine commitment to one another’s success. We foster bold ideas, celebrate curiosity and share what we know. Because when people grow, the work they do grows with them. Our purpose is deeply human: to help people navigate the world on their terms, at their speed, toward their future. We hold that same commitment to the people building careers here. Whether you’re starting out or leveling up, you’ll find the resources to evolve, the support to take on more and a team ready to back you at every stage. Your ambition has a home here.

About Specialty Program Group:

Our goal is to partner with industry-leading specialty businesses to provide them with the ability to achieve their goals and optimize their businesses. Specialty Program Group offers access to capital and investment, deep carrier relationships, creative thinking, product development and broad distribution, while allowing our businesses to maintain the essence of what makes them successful. Specialty Program Group delivers leading-edge specialty expertise backed by transformative digital capabilities and sophisticated data and analytics.

About Encore Fiduciary:

At Encore Fiduciary, we strive to be best-in-class underwriters in professional and management liability insurance niches in which we have demonstrated expertise. We earn our business by providing value to broker partners and policyholders with management liability expertise, thought leadership and risk management for our client.

As a Director of Underwriting, you will play a critical role in growing our business by supporting our leading thought leadership and advocacy for our plan sponsor policyholders. To underwrite profitable new and renewal business opportunities in Encore Fiduciary’s fiduciary and management liability underwriting departments by: Servicing the renewal book, producing new business, underwriting, and account management of management liability and fiduciary liability Building relationships with brokers and clients to meet/exceed divisional growth goals. Exercising discretion and independent judgment in the analysis and evaluation of the risk. Making independent sales calls to market and cross-market products. Negotiating with brokers within the limits of delegated authority in accordance with established underwriting standards to achieve profitable objective.

Key Responsibilities:

• Underwrite new and renewal submissions with an emphasis on risk analysis, coverage and price.
• Indicate, quote, request additional information or decline in accordance with established guidelines, authorities and procedures outlined by the insurance carrier and/or the department.
• Develop, over time, an expertise in fiduciary liability insurance for multiemployer, governmental, and for-profit plan sponsors.
• Foster producer relationships by actively making marketing telephone calls and on occasion accompany the marketing team for an office visit.
• Maintain servicing standards for all facets of underwriting.
• Maintain a solid working relationship with insurance carrier and agents/brokers.
• Demonstrate the ability to articulate coverage differences and company stances to brokers.
• Develop comprehensive referrals for the management team to review or for carrier approval.
• Perform other duties and projects as assigned by management.

Qualifications:

• College degree and/or professional designation preferred.
• Must have minimum 8 years’ experience underwriting management liability– specifically D&O, EPL, Fiduciary, & Crime Established/existing relationships with retail or wholesale brokers that specialize in management liability insurance Experience underwriting private companies preferred
• Ability to function well in a team as well as with people from all levels of the industry, internally and externally. Excellent written and oral communication skills. Detail oriented with strong mathematical skills. Self-motivator; ability to take initiative; possesses drive. Ability to present oneself in a professional manner. Ability to work independently and with minimal supervision. Ability to handle multiple tasks in a fast-paced environment.

Disclosure required under applicable state or municipality regulations:

The expected salary range for this position is $175,000 to $200,000 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level.

The offer includes a comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits, and eligible bonuses, equity and commissions for some positions.

What we offer you

• We invest in your growth. HUB offers structured training, licensing support and ongoing development opportunities designed to accelerate your career.
• Competitive pay with comprehensive health benefits, retirement savings matching and company-paid life and disability plans
• Generous paid time off, paid parental leave and a wellbeing program designed to support real work/life balance
• A collaborative, high-performing culture with meaningful engagement, community impact through HUB Gives and genuine room to grow your career
• The HUB difference HUB International is one of North America’s largest insurance brokers, delivering risk management, insurance, employee benefits, retirement and wealth management solutions to businesses and individuals across the United States and Canada - through locally led teams backed by national expertise, giving you the agility of a local partner and the reach of a global organization.

Equal Employment Opportunity: HUB International Limited is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.

Reasonable Accommodations: HUB International Limited is committed to providing reasonable accommodations to qualified individuals with disabilities throughout the application and hiring process. If you need a reasonable accommodation to access our career site, complete an application, or participate in any part of the hiring process, please contact the Recruiting Team at [e-mail]. This contact information is for accommodation requests only and should not be used to inquire about the status of an application.

E-Verify: HUB International Limited participates in E-Verify. Please refer to Our Recruiting Process | Applicant Notices: E-Verify Program for additional information.

SPG was founded in 2015 with the singular purpose of building a world-class specialty insurance intermediary by acquiring best-in-class underwriting and specialty businesses and providing the resources they needed to grow. Our goal is to partner with industry-leading specialty businesses to provide them with the ability to achieve their goals and optimize their businesses. Specialty Program Group offers access to capital and investment, deep carrier relationships, creative thinking, product development and broad distribution, while allowing our businesses to maintain the essence of what makes them successful. Specialty Program Group delivers leading-edge specialty expertise backed by transformative digital capabilities and sophisticated data and analytics.