Senior Public Entity Underwriter

Munich Reinsurance America, Inc; Chicago (IL); On-site; USD 138,000 - 231,000; Full time

Benefits offered by this job

Health insurance

Wellness program

Life and disability insurance

401k match

Retirement savings plan

Paid time off

Paid holidays

Annual bonus

Tuition assistance

Job summary

Munich Re Specialty - North America is seeking an experienced Public Entity Underwriter to join our Municipality and Transit team. You will underwrite complex accounts, build strong client relationships, and drive growth within our PERS division.

Ideal candidates bring 7+ years of underwriting experience in insurance or corporate risk markets, strong relationship selling skills, and proven ability to manage larger, complex accounts with sound risk-reward decisions.

Qualifications

• 7+ years of experience in insurance, broker community, underwriting and/or corporate risk market.
• Experienced underwriter with deep industry knowledge.
• 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.

Skills

Experienced underwriter

7+ years experience

Relationship selling

Creativity and flexibility

Time management

Superior communication

Excellent computer skills

Job description

Munich Re Specialty - North America is seeking an experienced Public Entity Underwriter to join our Municipality and Transit team. You will underwrite complex accounts, build strong client relationships, and drive growth within our PERS division.

Ideal candidates bring 7+ years of underwriting experience in insurance or corporate risk markets, strong relationship selling skills, and proven ability to manage larger, complex accounts with sound risk-reward decisions.