Senior Underwriter, Private Company D&O

Socket.dev; Chicago (IL); On-site; USD 120,000 - 160,000; Full time

Benefits offered by this job

Health, Dental & Vision

Disability Insurance

Life Insurance

AD&D Insurance

Flexible Spending Accounts

Health Reimbursement Account

Employee Assistance Program

401(k) with Company Match

Paid Time Off

Tuition Reimbursement

Paid Parental Leave

Job summary

Berkshire Hathaway Specialty Insurance (BHSI) in Chicago, IL, seeks a Senior Underwriter for Private Company D&O to join our Central Region. The successful candidate will manage broker and customer relationships in Chicago and the Central region, delivering disciplined underwriting solutions for profitable growth.

Applicants should have 5+ years in D&O/EPLI/fidelity products, strong financial analysis skills, and a broad network of Chicago-area brokers.

Qualifications

• Minimum of 5+ years of underwriting experience in D&O, EPLI, Fiduciary Liability, and/or Fidelity products.
• Strong technical underwriting skills, including financial analysis and executive liability risk assessment.
• Solid understanding of D&O policy forms, coverage provisions, and management liability exposures.
• Established network of broker and client relationships within Chicago and/or the Central region.

Responsibilities

• Build and manage a profitable portfolio of Private Company and Not-for-Profit D&O business consistent with the team's objectives.
• Develop and expand broker and customer relationships across Chicago and the Central region.
• Underwrite efficiently with discipline, diligence, and service quality.
• Analyze financial statements, ownership structures, governance profiles, and other risk indicators relevant to management liability underwriting.
• Evaluate complex risks and develop creative, commercially reasonable solutions for brokers and customers.
• Stay informed on market conditions, emerging loss trends, and competition and respond accordingly.

Skills

Underwriting

Financial analysis

Communication

Relationship management

Team collaboration

Education

BA/BS degree

Job description

Who are we?

A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway's insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.

We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized.Want to be part of the team building the finest property, casualty, and specialty lines insurance company in the world?

Learn more about our unique culture and history.

Job Opportunity:

BHSI has an exciting opportunity within its Executive & Professional Lines practice for a Senior Underwriter, Private Company D&O to join our Central Region team in Chicago, Illinois. We are seeking a hard-working teammate who values a collaborative culture, demonstrates strong underwriting judgment, and is focused on profitability over top-line growth.

The successful candidate will be responsible for developing and managing broker and customer relationships throughout Chicago and the broader Central region, while delivering disciplined underwriting solutions that support long-term profitable growth.

Duties & Responsibilities:

• Build and manage a profitable portfolio of Private Company and Not-for-Profit D&O business consistent with the team's strategic objectives.
• Establish, develop, and expand strong broker and customer relationships across Chicago and the broader Central region.
• Underwrite efficiently without sacrificing discipline, diligence, or service quality.
• Analyze financial statements, ownership structures, governance profiles, and other risk indicators relevant to management liability underwriting.
• Evaluate complex and challenging risks while developing creative, commercially reasonable solutions for brokers and customers.
• Stay informed on market conditions, emerging loss trends, and competitive dynamics, and respond thoughtfully as they evolve.
• Demonstrate integrity, professionalism, and leadership in the marketplace as a positive reflection of BHSI.
• Clearly communicate BHSI's value proposition to brokers and customers.
• Partner closely with in-house claims professionals to help deliver a transparent and positive customer experience.
• Collaborate with underwriting colleagues across Executive & Professional Lines and other product lines.
• Independently manage broker relationships and develop new business opportunities within the Central region.

Qualifications, Skills & Experience:

• Minimum of 5+ years of underwriting experience in D&O, EPLI, Fiduciary Liability, and/or Fidelity products.
• BA/BS degree or equivalent experience.
• Experience underwriting private company and middle-market risks preferred.
• Strong technical underwriting skills, including financial analysis and executive liability risk assessment.
• Solid understanding of D&O policy forms, coverage provisions, and management liability exposures.
• Established network of broker and client relationships within Chicago and/or the Central region.
• Strong communication, negotiation, and relationship-management skills.
• Collaborative, team-oriented mindset with sound judgment and a service-oriented approach.

BHSI Offers:

• A competitive package and exciting growth opportunities for career-oriented teammates.
• A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates, and our other stakeholders.
• A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework.
• Benefits that support your life and well-being, which include:

• Comprehensive Health, Dental and Vision benefits
• Disability Insurance (both short-term and long-term)
• Life Insurance (for you and your family)
• Accidental Death & Dismemberment Insurance (for you and your family)
• Flexible Spending Accounts
• Health Reimbursement Account
• Employee Assistance Program
• Retirement Savings 401(k) Plan with Company Match
• Generous holiday and Paid Time Off
• Tuition Reimbursement
• Paid Parental Leave

The base salary range for this position is $120K to $160K, along with annual bonus eligibility. Total compensation for a candidate is determined by their relevant skills, location, and experience. We value our teammates - both their capabilities and character - as demonstrated by our amazing culture.

NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization.