Excess Workers' Compensation, Senior Underwriter

Safety National; Chicago (IL); Hybrid; USD 102,000 - 131,000; Full time

Benefits offered by this job

Health, dental, vision coverage

401(k) match and profit sharing

Hybrid work environment

Paid time off and holidays

Career growth opportunities

Job summary

Safety National is seeking an Excess Workers' Compensation Senior Underwriter in Chicago with a focus on underwriting, servicing, and profitability of a local book of business. You will evaluate new and renewal opportunities, analyze risk, establish program structures, and negotiate terms with brokers.

You will build strong broker and insured relationships, meet clients, assess operations, and balance risk with opportunity using data and actuarial inputs.

Qualifications

• Bachelor's degree required or equivalent underwriting experience.
• Experience underwriting large workers' compensation and excess accounts.
• Strong communication, analytical and time-management skills.
• Willingness to spend ~40% of time outside the office soliciting new business.
• Must be authorized to work in the U.S. without sponsorship now or in the future.

Responsibilities

• Underwrite and service excess workers' compensation opportunities within your territory.
• Analyze risk, determine pricing structures, and negotiate terms with brokers.
• Develop and maintain a pipeline of new opportunities and client relationships.
• Collaborate with cross-functional teams to support renewals and new business.
• Spend about 40% of time outside the office meeting clients and brokers.

Skills

Communication

Analytical

Organizational skills

Multitasking

Independent work

Education

Bachelor's Degree in Business Administration or related field

CPCU or other professional designation

Tools

MS Outlook

MS Excel

MS Word

Job description

This opportunity is in the Insurance Underwriting department

At Safety National, we don't just offer jobs - we build careers with purpose! Since 1942, we've been an industry leader, valuing integrity, teamwork, and stability while providing competitive rewards, top-tier benefits, career growth opportunities, and flexible work options that promote balance. With tuition reimbursement, wellness perks, and a strong community impact, we invest in your success-both personally and professionally.

The Insurance Underwriting Department offers a culture of empowerment to produce results and resolve clients' issues. Our team has an excellent track record of success with an experienced and creative group of people that work well together while underwriting various lines of coverage for large accounts representing numerous industries.

Role Description:

As an Excess Workers' Compensation, Senior Underwriter, you will play a key role in underwriting, servicing, and driving the profitability of a book of business within your assigned territory. You will evaluate new and renewal excess workers' compensation opportunities, analyze complex risk and loss information, establish appropriate program structures and pricing, and negotiate coverage, premium, terms, and conditions with brokers within your underwriting authority.

In this highly visible role, you will build and maintain strong relationships with brokers and insureds while serving as a local representative of Safety National. You will have the opportunity to meet directly with clients and risk management professionals, evaluate operations and exposures, develop a pipeline of new opportunities, and communicate the value of Safety National's coverage and services. You will use claim data, loss trends, actuarial information, state workers' compensation benefits, financial information, and other underwriting resources to make informed decisions and develop solutions that appropriately balance risk and opportunity.

You will collaborate across Underwriting, Business Development, Claims, Loss Prevention, Legal, Actuarial, and other internal teams to support new and renewal business. You will also participate in producer and client meetings, stewardship discussions, industry conferences, and strategic initiatives while sharing your knowledge with less-experienced underwriting professionals. Success in this position requires strong analytical and organizational skills, excellent written and verbal communication, sound underwriting judgment, and the ability to independently manage multiple priorities while maintaining Safety National's underwriting standards. The role also requires a willingness to spend approximately 40% of your time outside the office soliciting new business, developing relationships, and supporting renewal business.

Qualifications:

Education:

A Bachelor's Degree is required, or sufficient on-the-job experience in underwriting. A degree in business administration with a major in insurance, accounting, finance, marketing, or a related field is preferred.

Required Qualifications:

• 3 or more years of experience underwriting large workers' compensation accounts.
• Experience underwriting large excess workers' compensation and group/association accounts.
• Regional/local market knowledge of brokers and accounts.
• Strong verbal and written communication skills with a strong background in marketing.
• Strong analytical, organizational, and efficiency skills.
• Ability to multitask and prioritize responsibilities to meet multiple deadlines.
• Ability to work independently while adhering to company underwriting guidelines.
• Proficiency with Microsoft Outlook, Excel, and Word.
• Willingness to spend approximately 40% of time outside the office soliciting new business, building relationships, and maintaining renewal business.
• Must be presently authorized to work in the U.S. without a requirement for work authorization sponsorship by our company for this position now or in the future
• This position allows for a hybrid work schedule which includes a minimum of 3 days per week in our Chicago, IL office , located at 311 S. Wacker Dr. Suite 6350 Chicago, IL. All employees are required to submit work from home requests and follow our Work From Home policy, which will be provided to all candidates selected to interview.

Preferred Qualifications:

• Bachelor's degree in business administration with a major in insurance, accounting, finance, marketing, or a related field.
• CPCU or other relevant professional designation.

Protect the confidentiality, integrity and availability of information and technology assets against unauthorized disclosure, destruction and/or alteration, in accordance with Safety National policies, standards, and procedures.

Safety National is a leading specialty insurance and reinsurance provider. Our culture is built upon relationships, which allow us to demonstrate our expertise gained through our rich 80-year history. As a wholly-owned subsidiary of Tokio Marine, Inc., we appreciate the benefits and support provided by our affiliation with one of the top 10 insurance companies in the world.

Total Rewards That Put Employees First

In our vision to be First with Co-Workers, compensation that includes base salary, holiday bonus, and incentive awards is only a small portion of the comprehensive total rewards package we offer. Our total rewards approach recognizes and rewards the time, talents, efforts, and results of our valued employees. Highlights of our exceptional benefits include generous health, dental, and vision coverage, health savings accounts, a 401(k)-retirement savings match and an annual profit sharing contribution. We proudly offer family forming benefits for adoption, fertility, and surrogacy, generous paid time off and paid holidays, paid parental and caregiver leave, a hybrid work environment, and company-paid life insurance and disability. To support employees in their career journeys, we provide professional growth and development opportunities in addition to employee recognition and well-being programs.

Safety National is committed to fair, transparent pay and we strive to provide competitive, market-based compensation. In our vision to be First with Co-Workers, compensation is only one piece of the comprehensive total rewards package we offer. The target base salary range for this position is $101,500 to $131,000. Compensation for the successful candidate will consider the candidate's particular combination of knowledge, skills, competencies, experience and geographic location.

#LI-Hybrid

Equal Opportunity Employer

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For further information, please review the Know Your Rights notice from the Department of Labor.