Hybrid Associate Underwriter, Middle Market Property

4001US00 DUAL North America Inc

Chicago (IL)

Hybrid

USD 75,000 - 90,000

Full time

8 days ago

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Job summary

DUAL North America, Inc. is seeking an Associate Underwriter for the Upper Middle Market Property division in a hybrid role. The position is based in Chicago, IL, with travel of 0-10%.

You will process submissions, provide backup support for underwriters on the road, gather information to quote or bind, and prepare correspondence. You will learn underwriting principles and build market knowledge by collaborating with senior underwriters.

Qualifications

  • Bachelor’s degree in risk management, finance, business or a related field preferred.
  • 0 - 1 year underwriter or insurance experience.
  • Foundational knowledge of insurance principles.
  • Proficiency in Microsoft Office Suite (Word, Excel, Outlook, PowerPoint).
  • Ability to follow policies and procedures.
  • Excellent written and verbal communication skills.
  • Ability to travel up to 10%.
  • Self-motivated with attention to detail.
  • Ability to work independently for extended periods.

Responsibilities

  • Process submissions by providing account triage for Underwriters
  • Provide backup support for Underwriters when traveling in the market
  • Gather and compile information required to quote and/or bind an account
  • Generate, edit, and send out a variety of correspondence on behalf of the Underwriters such as declination letters, quote follow ups and subjectivity reminders
  • Demonstrate basic understanding of technical underwriting principles and risk underwriting characteristics
  • Learn market dynamics, competitive landscape, and product differences
  • Attend weekly underwriting meetings if applicable, ask questions - need to understand what business is selling and understand why deals are lost in order to adjust accordingly
  • Provide customer service and underwriting support to help achieve new and renewal premium goals
  • Build relationships with wholesale property producers with supervision from more senior underwriters
  • Fill in for other team members to ensure business continuity during peak periods and/or when team members are unavailable
  • Assist Underwriters as requested
  • Complete other related clerical and administrative duties as assigned

Skills

Attention to detail
Independent worker
Excellent written and verbal comms
Self-motivated
Travel up to 10%
Strong organizational skills

Education

Bachelor’s degree in risk management, finance, business or related field

Tools

Microsoft Office Suite

Job description

DUAL North America, Inc. is seeking an Associate Underwriter for the Upper Middle Market Property division in a hybrid role. The position is based in Chicago, IL, with travel of 0-10%.

You will process submissions, provide backup support for underwriters on the road, gather information to quote or bind, and prepare correspondence. You will learn underwriting principles and build market knowledge by collaborating with senior underwriters.

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