Private Client Underwriter

Burns & Wilcox; Chicago (IL); Hybrid; USD 85,000 - 125,000; Full time

Benefits offered by this job

Flexible and hybrid work options

Health benefits & 401K with employer match

Employer paid continuing education courses

Job summary

A leading insurance broker in Chicago is looking for an Underwriter to manage agency relationships and underwrite private client business. The role requires a Bachelor's degree, at least 3 years of personal insurance underwriting experience, and strong analytical and customer service skills. You will contribute to strategic marketing efforts and have opportunities for career advancement, including continued education support. Join this established company to excel in your specialty insurance career.

Qualifications

• 3+ years of personal insurance underwriting experience required.
• Experience with private client carriers and clients is beneficial.
• Insurance license, CPCU, CIC, or comparable designations are beneficial.

Responsibilities

• Build a growing book of profitable Private Client business.
• Manage agency relationships and serve as lead client contact.
• Provide Best in Class customer service for retail partners.
• Execute on the national marketing strategy.
• Underwrite submissions with creative solutions.
• Lead, train, and develop Assistant and Associate Underwriters.

Skills

Personal insurance underwriting experience

Customer service proficiency

Sales and marketing skills

Analytical skills

Presentation skills

Attention to detail

Education

Bachelor’s degree or equivalent experience

Job description

Job Overview

When retail agents and brokers have successful clients who require coverage for the unique, the unusual, or the unconventional, they come to the Private Client Practice at Burns & Wilcox. Our Underwriters have full underwriting authority to build and grow a profitable book of Private Client business across the US and Canada. Burns & Wilcox offers unparalleled resources and exposure for those looking to excel in the specialty insurance career. Interested? Join our team!

Responsibilities

• Build a growing book of profitable Private Client business
• Manage agency relationships and serve as lead client contact
• Provide a Best in Class customer service experience for our retail partners
• Execute on the national marketing strategy to increase new and renewal business
• Work within granted authority and program guidelines to underwrite submissions with a focus on creative solutions for complex insurance exposures
• Develop and submit underwriting referrals to company brokerage facilities and Burns & Wilcox management
• Monitor key metrics and implement actions to improve practice group results in new business hit ratios, renewal retention, premium and income growth, and loss ratio
• Lead, train, and develop Assistant and Associate Underwriters

Qualifications

• Bachelor’s degree or equivalent combination of education and experience
• Minimum 3 years of Personal insurance underwriting experience required, excess & surplus experience preferred
• Previous experience with private client carriers and clients is beneficial
• Proven written, verbal and analytical skills and ability to craft unique solutions to complex problems
• Comfortable presenting to C-Level executives and clients
• Demonstrated proficiency in customer service, sales and marketing
• Proven organization skills and ability with a strong attention to detail and work ethic
• Interest in continued education and professional development; enrollment in the CPRIA designation curriculum will be expected upon hiring
• Insurance license, CPCU, CIC or comparable designations are beneficial

Compensation

• Base compensation for position ranges between $85,000 to $125,000 based on qualifications
• Flexible and hybrid options
• Health benefits & 401K with employer match
• Employer paid continuing education courses and designations
• Many opportunities for career advancement

Location

Chicago, IL

About Our Company

Burns & Wilcox, the flagship organization of H.W. Kaufman Group, is North America’s leading wholesale insurance broker and underwriting manager. Burns & Wilcox offers wide ranging and comprehensive solutions to serve retail insurance brokers and agents of all sizes, from the large houses to the more than 30,000 independent brokers and agents worldwide. Fueled by its freedom from Wall Street and private equity, Burns & Wilcox is a privately owned company whose standards of service, depth of market relationships and outstanding talent are unsurpassed in the specialty insurance sector.

Equal Opportunity Employer

The H.W. Kaufman Group of companies is an equal opportunity employer. All employment decisions are based on business needs, job requirements and individual qualifications, without regard to race, color, religion, gender, gender identity, age, national origin, disability, veteran status, marital status, sexual orientation, genetic information or any other status or condition protected by the laws or regulations in the locations where we operate.