Senior Underwriter Middle Market Property

Starr Indemnity & Liability Company; Chicago (IL); On-site; USD 135,000 - 150,000; Full time

Job summary

Starr Indemnity & Liability Company is seeking an experienced Property Underwriter to manage submissions, assess complex risks, and issue quotations within established authority. You’ll collaborate with brokers and clients, prepare binders and endorsements, and ensure compliant documentation across renewals and new business.

Ideal candidates have 5+ years of direct property underwriting, excellent communication, and proficiency with underwriting platforms and MS Office.

Qualifications

• Bachelor’s degree in business, finance, insurance, or related field.
• Minimum of 5 years of direct property underwriting experience, preferably in middle market/commercial lines.
• Strong analytical abilities to assess complex risks and make sound underwriting decisions.

Responsibilities

• Solicit and review new and renewal property submissions from diverse production sources.
• Analyze submitted documentation in accordance with underwriting standards; request additional information when necessary.
• Within assigned underwriting authority, prepare and present quotation terms and conditions to brokers and clients.
• For risks outside authority, create written referrals and submit with recommendations to appropriate approval authority.
• Review and approve binding terms/conditions, including endorsements and amendments for new and renewal business.
• Prepare insurance details for binders and reinsurance documentation for underwriting assistants; ensure accurate booking and billing.
• Set up, review, and approve policy forms and endorsements for all issued policies.
• Approve final bound policy terms prior to distribution to brokers/clients, ensuring compliance with underwriting standards.
• Maintain comprehensive file documentation as per company procedures.
• Prepare and submit required reports to Home Office and management.
• Perform additional duties as assigned by management.

Skills

Communication

Negotiation

Relationship-building

Team collaboration

Growth mindset

Education

Bachelor’s degree in business/finance/insurance

Professional designations (CPCU/ARM) or in progress

Tools

Underwriting platforms

Microsoft Office Suite

Job description

Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.

Locations

• New York, NY
• Chicago, IL
• Atlanta, GA
• Houston, TX
• Dallas/Addison, TX

Key Responsibilities

• Solicit and review new and renewal property submissions from diverse production sources.
• Analyze submitted documentation in accordance with company underwriting standards and guidelines; request additional information when necessary.
• Within assigned underwriting authority, prepare and present quotation terms and conditions to brokers and clients.
• For risks outside authority, create written referrals and submit with recommendations to appropriate approval authority.
• Review and approve binding terms/conditions, including endorsements and amendments for new and renewal business.
• Prepare insurance details for binders and reinsurance documentation for underwriting assistants; ensure accurate booking and billing.
• Set up, review, and approve policy forms and endorsements for all issued policies.
• Approve final bound policy terms prior to distribution to brokers/clients, ensuring compliance with underwriting standards.
• Maintain comprehensive file documentation as per company procedures.
• Prepare and submit required reports to Home Office and management.
• Perform additional duties as assigned by management.

Qualifications

• Bachelor’s degree in business, finance, insurance, or related field.
• Minimum of 5 years of direct property underwriting experience, preferably in middle market/commercial lines.
• Demonstrated ability to analyze complex risks and make sound underwriting decisions.
• Strong communication, negotiation, and relationship-building skills.
• Proven ability to work collaboratively within a team and with external partners.
• Interest in ongoing professional growth and consideration for future management opportunities.
• Proficiency in relevant underwriting platforms and Microsoft Office Suite.

Preferred

• Professional designations (CPCU, ARM, etc.) or progress toward completion.

Compensation

Companies is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets: experience and training: licensure and certifications: and other business and organizational needs. A reasonable estimate of the current range is $135,000-$150,000

Equal Opportunity Statement

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic.

Starr is a global insurance and investment organization providing property and casualty insurance solutions to business and industry, and one of the fastest-growing insurance companies in the world. Our talented and experienced associates manage risk and ultimately support the profitable growth of organizations in a dynamic, competitive and ever-changing marketplace.

We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees.

We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

Join us and become part of our talented and passionate workforce.

https://starr.com/About/Careers