Public Entity Underwriter: Complex Accounts & Growth

Munich Re Specialty - North America

Chicago (IL)

On-site

USD 138,000 - 231,000

Full time

14 days+

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Benefits offered by this job

Health insurance

401k match

Paid time off

Bonus potential

Wellness program

Tuition assistance

Volunteer time off

Job summary

Munich Re Specialty - North America is seeking a Public Entity Underwriter to join the Municipality and Transit team in Chicago, IL. You will underwrite complex accounts, build client relationships, and drive growth within the Public Entity Risk Solutions division.

The role requires deep underwriting knowledge, at least 7+ years in insurance, strong relationship selling, and excellent communication. We offer a comprehensive benefits package and a competitive salary.

Qualifications

Experienced underwriter with deep industry knowledge.
7+ years of experience in insurance, broker community, underwriting and/ or corporate risk market.
Relationship selling skills
Creativity and flexibility
Effective Time Management and organizational skills
Superior communication skills, written and verbal
Excellent computer skills

Responsibilities

Underwrite in accordance with division guidelines and philosophy.
Develop and maintain strong, professional relationships with appropriate contacts at existing and prospective client and production sources.
Respond to and find solutions to client business needs with underwriter(s) and management distinguishing MRSNA’s business and products from competitors.
Assist management in the development of new or potential business clients.
Become proficient in the handling of larger, more complex accounts.
Research and communicate to personnel matters relating to Public Entity Risk Solutions (PERS) issues.
Exhibit a high degree of market awareness and provide consistent input to management on market activities.
Possess a clear understanding of our underwriting and pricing guidelines to ensure appropriate risk-reward decision-making.
Maintain an in-depth knowledge of all tools and models used in the underwriting process.
Maintain compliance with Corporate and Divisional underwriting guidelines.
Be a team player in support of all PERS and MRSNA objectives.