What are the responsibilities and job description for the Senior Underwriter position at Mt. McKinley Managers, LLC.?
Title: Senior Underwriter Company: Everest Insurance Company Job Category: Underwriting Job Description: Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Europe, Bermuda, Canada, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people. At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including: • Generous tuition/continuing education reimbursement • Mentoring opportunities • Flexible work arrangements • Talent development initiatives • Networking groups The E&S Casualty division of Everest Insurance, a member of the Everest Re Group, Ltd. is looking for an E&S Senior Underwriter to join our team. This role will be responsible for new business wholesale production underwriting of middle to large market sized E&S Casualty business for General Liability, Automobile and Workers Compensation lines of business. Responsibilities: Utilize underwriting tools and resources to evaluate risks on new business prospects, makes decisions to quote or decline to quote, and develop premiums in accordance with underwriting guidelines and authority limits. Provide detailed quotes including all terms and conditions in accordance with compliance dept. requirements Maintain detailed underwriting files, worksheets and documentation supporting the underwriting decision and pricing though process. Processes bound accounts following established procedures Services their existing book of business to ensure timely responses to broker endorsement requests and other services issues. Manages new business to balance profitability and growth. Develops and maintains relationships with brokers to support production and marketing goals Understand market and industry trends, loss development, and proper risk classification Assist management with training, mentoring and development of other underwriters on the team Underwrite select renewal accounts to renewal retention to department standards Adhering to underwriting guidelines and referral processes. Qualifications: Bachelor's degree and (insurance certifications are a bonus) A minimum of 5-10 years of experience as a Casualty Underwriter, General Liability-focused, with a skill in the Construction and Products Liability segment; expertise in an additional GL segment is a plus. Knowledge of Auto Liability. FOR CALIFORNIA ONLY: The base salary range for this position is $110,000-$150,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. #LI-Hybrid #LI-AS1 Type: Regular Time Type: Full time Primary Location: Chicago, IL Additional Locations: Houston, TX, Los Angeles, CA, Remote, TX, San Francisco, CA As an effective team member, employees at Everest Insurance must champion the Everest Insurance Culture: • Collaboration: Open and transparent communication with customers and colleagues • Thoughtful Assumption of Risk: Supporting the Everest goal of carefully writing profitable business by ensuring data quality, prompt and accurate feedback to Underwriters, and operational control throughout the enterprise. • Execution: Delivering outstanding support to the organization through strong day-to-day business operations, effective project management, and careful oversight of vendors. • Humility: Caring and respectful approach to service colleagues, customers, and the community. • Leadership: By example, every day. EVEREST is a leading international reinsurance and insurance group with an extensive distribution network that spans five continents. With roots dating back to 1973, Everest has developed a global footprint and deep client relationships that are largely unmatched by its peers. The Company’s principal business strategies seek to leverage its strengths to optimize returns over the underwriting cycle, thereby creating value for its shareholders and business partners.
Salary : $110,000 - $150,000
Senior Underwriter
Berkley -
Chicago, IL