Commercial Underwriter III
Underwriter Job In Creve Coeur, MO
The Commercial Underwriter III provides accurate, timely, and succinct credit underwriting to support the company's portfolio management and new business development efforts.
Duties & Responsibilities
Financial statement spreading and analysis, including calculation of Debt Service Coverage or Fixed Charge Coverage Ratios per Busey guidelines.
Use financial data such as cash flow, liquidity, profitability, and leverage to determine and minimize the overall risk of extending credit to businesses and individuals.
Work with Commercial Relationship Managers or other Lending staff to prepare clear and concise Commercial Credit Approval Request (CCAR) memos that include all pertinent information associated with the overall risk of the loan, identifying the strengths and weaknesses of the Borrower.
Evaluate collateral, industry data and other relevant credit information.
Assist with Portfolio Management duties to include testing financial covenants, monitoring monthly borrowing base reports, preparing portfolio reviews and sensative asset reports, as assigned.
Assist Commercial Relationship Managers with the preparation of opportunity memos for new and existing relationships.
Maintain a working knowledge of the Commercial Banking Loan Policy and systems, including nCino.
Assist in the sales process, including accompanying Relationship Managers on customer and prospect calls.
Approve loans that are within defined authority levels; recommend loans for approval that are in excess of defined authority levels.
Participate in pipeline meetings to develop knowledge of prospective opportunities as well as upcoming renewals.
Assist with other duties or special projects as assigned.
Education & Experience
Knowledge of:
Strong oral and written communication skills
Proficiency in Microsoft Office Suite
Knowledge of financial accounting
Ability to:
Prioritize work flow, multi-task and work independently
Analyze and solve problems
Take independent action within established guidelines
Perform duties under frequent time pressures with a high degree of accuracy and attention to detail
Education and Training
Requires Bachelor's degree with a concentration in Business or Finance
Requires 7 or more years of Commercial Credit experience
Requires 2 or more years of experience in Commercial Underwriter role
Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey's Equal Opportunity Employment.
Regional Underwriter, ISI
Underwriter Job In Chesterfield, MO
Company Details
Midwest Employers Casualty (MEC) is a member of the W. R. Berkley Corporation, a fortune 500 company, rated A+ (Superior) by A.M. Best Company, based in Chesterfield, MO. We improve the quality of life for employees severely injured on the job and help companies understand and mitigate their risk for workers' compensation injuries. MEC has a friendly, results-focused work environment. We seek employees who take initiative, are quick to adapt, are dependable, and like working as part of a team.
Company URL: ***************************
The company is an equal opportunity employer.
Responsibilities
The Regional Underwriter, ISI, is responsible for the appropriate management and underwriting of an assigned book of business. This includes executing objectives related to production and profitability goals, demonstrating underwriting discipline, appropriately underwriting accounts, effectively negotiating with brokers, and consistently delivering MEC's value proposition.
Key functions include but may not be limited to:
Financial
Responsibly manage assigned book of business for MEC to attain profitability and growth objectives:
Maintain awareness of MEC's financial forecast plan and work closely with team members to achieve the plan.
Meet or exceed renewal account retention, premium, and loss ratio goals.
Meet or exceed new business premium and loss ratio goals.
Coordinate with Business Development staff regarding new business account development.
Underwriting Discipline
Consistently demonstrate underwriting discipline through adherence to MEC's underwriting approach and guidelines:
Demonstrate sound technical knowledge regarding primary workers' compensation insurance, excess workers' compensation insurance, underwriting risk analysis, actuarial analysis, policy forms, endorsements, and IT applications.
Adhere to underwriting department policies, guidelines, and authority levels.
Appropriately manage assigned book of business via thorough analysis of risk, establishment of appropriate terms, and appropriate documentation to support analysis and terms.
Demonstrate excellent negotiation skills to achieve account-level goals.
Demonstrate the ability to evaluate and determine acceptability of guaranteed cost exposures.
Submit referrals as required, including key account information and recommendations.
Serve as a lead Underwriting team member regarding one or more of the following:
Compliance.
Evaluation and recommendations for improvement regarding workflow processes and procedures.
Staff training related to processes, procedures, and systems.
Staff training related to processes, procedures, and systems.
IT applications evaluation and recommendations for improvement.
IT projects and/or testing.
Relationship Management
Develop relationships and deliver exceptional customer service to our brokers and customers:
Demonstrate in-depth knowledge regarding assigned accounts and brokers.
Meet or exceed service standards to our broker partners regarding submission management, quote due dates, responsiveness to communications, and addressing questions/requests.
Maintain excellent working relationships with assigned brokers, and further develop brokers to utilize MEC's value proposition in the positioning of new and renewal accounts.
Value Proposition
Consistently demonstrate knowledge and utilization of MEC's value proposition and services:
Remain knowledgeable and up to date regarding MEC resources, services, and outcomes of recommended services:
MEC Claims Advantage services.
XCEL Analytics services.
Demonstrate ability to identify services that would potentially be of most value to customers.
Participate in client calls with determined accounts (new or renewal) to demonstrate MEC's value.
MEC Strategic Initiative and WRB Initiatives
Remain knowledgeable of MEC's strategic initiatives and participate as a team member, where needed, in the development/execution of strategic tactics.
Remain knowledgeable of WRB's corporate initiatives and participate as a team member, where needed.
Qualifications
Bachelor's degree or equivalent work experience, preferably in Insurance or Business.
5+ years workers' compensation insurance experience.
Technically competent with Excel, Word, PowerPoint, and Operational systems.
Strong analytical skills and the ability to make sound business decisions.
Effective written, oral, and listening communication skills that will contribute to the highest quality of service to business partners and co-workers.
Ability to build trust and gain credibility with business partners and co-workers.
Ability to work in a team-oriented, collaborative environment.
Strong customer service skills.
Ability to remain calm, focused, and confident in all situations.
Highly self-motivated and directed.
Advanced time management and follow-through skills.
Ability to travel 10% or less.
Additional Company Details We do not accept any unsolicited resumes from external recruiting agencies or firms.
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
Affordable Housing Tax Credit Underwriter
Underwriter Job In Saint Louis, MO
Advantage Capital is seeking an individual with affordable housing and/or low-income housing tax credit (“LIHTC”) experience to join our growing LIHTC team as an underwriter. A successful candidate will have a foundational understanding in underwriting, closing, and risk management for LIHTC equity investments.
Key Responsibilities:
• Financial Modeling: Prepare and evaluate the financial modeling for tax credit equity investments, including preparation of benefit and capital account analysis, scenario risk analysis, capital sources and uses, operating budget pro formas, etc.
•Due Diligence Management: Manage the due diligence process by gathering and reviewing transaction documents such as tax credit documents, real estate documents, market studies, appraisals, environmental reports, project approvals, and construction documents.
•Document Review: Review lower-tier partnership agreements, construction, and permanent loan documents, providing relevant comments for each transaction.
•Development Team Evaluation: Assess the background and experience of each development team member, including sponsors/developers, general contractors, property managers, and support service agencies. Conduct reference checks and background investigations.
•Guarantor Analysis: Perform analyses of guarantors to support underwriting assumptions and viability of transaction participants.
•Transaction Summaries: Draft and present recommendations summarizing the underwriting of each deal including; deal structure, development budget, analysis of proforma operations, guarantor/sponsor analysis, compliance, risks and mitigants, and recommendations.
•Letters of Intent: Prepare Letters of Intent as needed.
•Closing Coordination: Coordinate all aspects of the initial closing, internal review and approval, and third-party review processes.
•Syndication: Work closely with the capital markets team to identify and mitigate investor concerns. Respond to developer/investor inquiries and due diligence questions.
•Travel: Conduct site visits and attend relevant industry events as requested.
•Special Projects: Assist with special projects or other priorities as requested.
•Policy Compliance: Develop a strong working knowledge of and comply with internal company policies.
•Independent Work: Capable of working under limited supervision or independently
Skills and Requirements:
•Bachelor's degree in Business, Accounting, Finance, Urban Planning/Real Estate, or related field.
•3-5+ years of experience in real estate finance, affordable housing, and/or LIHTC.
•Knowledge of the federal LIHTC program and partnership structures.
•Familiarity with current industry underwriting policies and standards.
•Strong analytical and research skills.
•Ability to prioritize and manage multiple projects to meet deadlines.
•Proficiency with standard business software, including the ability to understand and maintain financial models in Microsoft Excel.
•Strong written and verbal communication skills.
•Ability to maintain a big-picture focus while handling detailed work.
•Team player that maintains a positive attitude, strong work ethic, and self-motivation.
Preferred Qualifications:
•5+ years of experience in underwriting, originating, or affordable housing loans/equity investments.
•Experience in closing real estate transactions.
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Regional Underwriter, ISI
Underwriter Job In Chesterfield, MO
Company Details Midwest Employers Casualty (MEC) is a member of the W. R. Berkley Corporation, a fortune 500 company, rated A+ (Superior) by A.M. Best Company, based in Chesterfield, MO. We improve the quality of life for employees severely injured on the job and help companies understand and mitigate their risk for workers' compensation injuries. MEC has a friendly, results-focused work environment. We seek employees who take initiative, are quick to adapt, are dependable, and like working as part of a team.
Company URL: ***************************
The company is an equal opportunity employer.
Responsibilities
The Regional Underwriter, ISI, is responsible for the appropriate management and underwriting of an assigned book of business. This includes executing objectives related to production and profitability goals, demonstrating underwriting discipline, appropriately underwriting accounts, effectively negotiating with brokers, and consistently delivering MEC's value proposition.
Key functions include but may not be limited to:
Financial
Responsibly manage assigned book of business for MEC to attain profitability and growth objectives:
* Maintain awareness of MEC's financial forecast plan and work closely with team members to achieve the plan.
* Meet or exceed renewal account retention, premium, and loss ratio goals.
* Meet or exceed new business premium and loss ratio goals.
* Coordinate with Business Development staff regarding new business account development.
Underwriting Discipline
Consistently demonstrate underwriting discipline through adherence to MEC's underwriting approach and guidelines:
* Demonstrate sound technical knowledge regarding primary workers' compensation insurance, excess workers' compensation insurance, underwriting risk analysis, actuarial analysis, policy forms, endorsements, and IT applications.
* Adhere to underwriting department policies, guidelines, and authority levels.
* Appropriately manage assigned book of business via thorough analysis of risk, establishment of appropriate terms, and appropriate documentation to support analysis and terms.
* Demonstrate excellent negotiation skills to achieve account-level goals.
* Demonstrate the ability to evaluate and determine acceptability of guaranteed cost exposures.
* Submit referrals as required, including key account information and recommendations.
Serve as a lead Underwriting team member regarding one or more of the following:
* Compliance.
* Evaluation and recommendations for improvement regarding workflow processes and procedures.
* Staff training related to processes, procedures, and systems.
* Staff training related to processes, procedures, and systems.
* IT applications evaluation and recommendations for improvement.
* IT projects and/or testing.
Relationship Management
Develop relationships and deliver exceptional customer service to our brokers and customers:
* Demonstrate in-depth knowledge regarding assigned accounts and brokers.
* Meet or exceed service standards to our broker partners regarding submission management, quote due dates, responsiveness to communications, and addressing questions/requests.
* Maintain excellent working relationships with assigned brokers, and further develop brokers to utilize MEC's value proposition in the positioning of new and renewal accounts.
Value Proposition
Consistently demonstrate knowledge and utilization of MEC's value proposition and services:
* Remain knowledgeable and up to date regarding MEC resources, services, and outcomes of recommended services:
* MEC Claims Advantage services.
* XCEL Analytics services.
* Demonstrate ability to identify services that would potentially be of most value to customers.
* Participate in client calls with determined accounts (new or renewal) to demonstrate MEC's value.
MEC Strategic Initiative and WRB Initiatives
* Remain knowledgeable of MEC's strategic initiatives and participate as a team member, where needed, in the development/execution of strategic tactics.
* Remain knowledgeable of WRB's corporate initiatives and participate as a team member, where needed.
Qualifications
* Bachelor's degree or equivalent work experience, preferably in Insurance or Business.
* 5+ years workers' compensation insurance experience.
* Technically competent with Excel, Word, PowerPoint, and Operational systems.
* Strong analytical skills and the ability to make sound business decisions.
* Effective written, oral, and listening communication skills that will contribute to the highest quality of service to business partners and co-workers.
* Ability to build trust and gain credibility with business partners and co-workers.
* Ability to work in a team-oriented, collaborative environment.
* Strong customer service skills.
* Ability to remain calm, focused, and confident in all situations.
* Highly self-motivated and directed.
* Advanced time management and follow-through skills.
* Ability to travel 10% or less.
Additional Company Details
We do not accept any unsolicited resumes from external recruiting agencies or firms. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. Responsibilities The Regional Underwriter, ISI, is responsible for the appropriate management and underwriting of an assigned book of business. This includes executing objectives related to production and profitability goals, demonstrating underwriting discipline, appropriately underwriting accounts, effectively negotiating with brokers, and consistently delivering MEC's value proposition. Key functions include but may not be limited to: Financial Responsibly manage assigned book of business for MEC to attain profitability and growth objectives: - Maintain awareness of MEC's financial forecast plan and work closely with team members to achieve the plan. - Meet or exceed renewal account retention, premium, and loss ratio goals. - Meet or exceed new business premium and loss ratio goals. - Coordinate with Business Development staff regarding new business account development. Underwriting Discipline Consistently demonstrate underwriting discipline through adherence to MEC's underwriting approach and guidelines: - Demonstrate sound technical knowledge regarding primary workers' compensation insurance, excess workers' compensation insurance, underwriting risk analysis, actuarial analysis, policy forms, endorsements, and IT applications. - Adhere to underwriting department policies, guidelines, and authority levels. - Appropriately manage assigned book of business via thorough analysis of risk, establishment of appropriate terms, and appropriate documentation to support analysis and terms. - Demonstrate excellent negotiation skills to achieve account-level goals. - Demonstrate the ability to evaluate and determine acceptability of guaranteed cost exposures. - Submit referrals as required, including key account information and recommendations. Serve as a lead Underwriting team member regarding one or more of the following: - Compliance. - Evaluation and recommendations for improvement regarding workflow processes and procedures. - Staff training related to processes, procedures, and systems. - Staff training related to processes, procedures, and systems. - IT applications evaluation and recommendations for improvement. - IT projects and/or testing. Relationship Management Develop relationships and deliver exceptional customer service to our brokers and customers: - Demonstrate in-depth knowledge regarding assigned accounts and brokers. - Meet or exceed service standards to our broker partners regarding submission management, quote due dates, responsiveness to communications, and addressing questions/requests. - Maintain excellent working relationships with assigned brokers, and further develop brokers to utilize MEC's value proposition in the positioning of new and renewal accounts. Value Proposition Consistently demonstrate knowledge and utilization of MEC's value proposition and services: - Remain knowledgeable and up to date regarding MEC resources, services, and outcomes of recommended services: - MEC Claims Advantage services. - XCEL Analytics services. - Demonstrate ability to identify services that would potentially be of most value to customers. - Participate in client calls with determined accounts (new or renewal) to demonstrate MEC's value. MEC Strategic Initiative and WRB Initiatives - Remain knowledgeable of MEC's strategic initiatives and participate as a team member, where needed, in the development/execution of strategic tactics. - Remain knowledgeable of WRB's corporate initiatives and participate as a team member, where needed.
Senior Underwriter - Construction
Underwriter Job In Creve Coeur, MO
Senior Underwriter - UW08CAUnderwriter - UW08CB We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.
We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.
You are a driven and motivated problem solver ready to pursue meaningful work. You strive to make an impact every day & not only at work, but in your personal life and community too. If that sounds like you, then you've landed in the right place.
We're in the business of helping people achieve amazing things by protecting the things that matter most. And you can help us when you join our team of underwriters. They're at the center of everything we do - and by joining us, you'll be on a team known throughout the industry for providing our customers with just the right amount of coverage they need to pursue their unique interests.
Your underwriting career here means collaboration, inclusivity, innovative thinking and so much more. Here, doing things the way they've always been done isn't a part of the job. Here, you'll be putting your creative insights to work with other underwriters and leaders, having a seat at the table with key decision makers. And you'll have any number of opportunities for your career to grow in whatever direction you choose.
As an Construction Underwriter within the Middle & Large Commercial organization, you will quarterback the sales and underwriting process by building exceptionally strong and lasting relationships with agents and brokers, ensuring that The Hartford is the carrier of choice.
Success in this role will also entail effective account stewardship by managing the sales process from strategic planning to operational excellence and developing cross-sell and up-sell opportunities across the team.
We have a collaborative and results oriented environment, where approachable industry leaders' mentor and inspire their teams to win in the market and have fun while doing it.
We'll Be a Good Match if You Have:
+ A customer-first mindset, putting our customers at the center of everything you do.
+ A passion for making decisions through both analyzing h data and employing critical thinking skills.
+ A team spirit and desire to work collaboratively.
+ A financial mindset to help make the best decisions.
+ Ability to own our work and following through on commitments.
+ Ability to decipher and execute within a fluid and changing business environment.
+ An understanding of how to build relationships and trust among diverse groups.
+ The ability to advance their careers into technical OR leadership positions.
Qualifications:
+ Bachelor's Degree strongly preferred, or equivalent combination of education, training, and experience
+ 5+ years of commercial construction production underwriting experience
+ Demonstrated success in developing and maintaining solid relationships with all internal and external business partners.
+ Excellent communication, interpersonal and presentation skills
+ An ability to think analytically about business problems, make recommendations and propose solutions.
+ High energy self-starter, who is resilient and has an entrepreneurial spirit.
+ Demonstration of solid time, organizational, and desk management skills
+ Goal-oriented and delivers outcomes.
+ Ability to challenge the status quo and compete to win.
+ Superior technical knowledge and sound decision-making and analytical skills.
***Position may be filled at a different level, depending on experience***
This role will have a Hybrid work arrangement, with the expectation of working in an office 3 days a week (Tuesday through Thursday).
Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
$78,000 - $144,840
The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.
Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
About Us (************************************* | Culture & Employee Insights (***************************************************** | Diversity, Equity and Inclusion (********************************************************* | Benefits (*********************************************
Human achievement is at the heart of what we do.
We believe that with the right encouragement and support, people are capable of achieving amazing things.
We put our belief into action by ensuring individuals and businesses are well protected, and by going even further - making an impact in ways that go beyond an insurance policy.
Nearly 19,000 employees use their unique talents in careers that span a variety of disciplines - from developing the latest technology to creating and promoting our products to evaluating future financial risks.
We're also committed to programs that drive education and support volunteerism, which put human beings first. We do it because it's the right thing to do, and because when our customers, communities and employees succeed, we all do.
About Us (*************************************
Culture & Employee Insights (*****************************************************
Diversity, Equity and Inclusion (*********************************************************
Benefits (*********************************************
Legal Notice (*****************************************
Accessibility StatementProducer Compensation (**************************************************
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Unincorporated Areas of LA County, CA (Applicant Information)
Senior Underwriter
Underwriter Job In Clayton, MO
The Senior Underwriter is responsible for expertly reviewing and evaluating new and renewal business in accordance with established Underwriting guidelines in order to achieve department goals. This individual demonstrates a high level of expertise in agency management, fostering valuable agency relationships with gold standard service.
ONSITE REQUIREMENT
This is a hybrid opportunity - Minimum requirement is three days per work week in our Clayton, MO office.
ESSENTIAL RESPONSIBILITIESExpertly manages profitability by reviewing and analyzing profitability and actuarial reports. Coordinates with Loss Control and Claims to address any accounts performing adversely.Reviews applications for insurance coverage successfully, ensuring applicable information is accurate and completes for pricing determination. Works with Underwriting Support Specialist team to gather appropriate information needed and reaches out to agency partners to request any additional information required.Demonstrates understanding of deductible programs and loss sensitive plans to begin to quote the most complex coverages, premium levels and terms within given authority level.Makes prompt, sound independent decisions on issues that arise in submissions based on the best information available within given authority.Analyzes current and prospective policyholders to determine appropriate quotation, indication or declination of policy is provided. Ensures profitability and new business goals are met.Demonstrates advanced ability to effectively negotiate premium costs and net rates.Works with Underwriting Support Specialists to bind agreed upon policies. Prepares Loss Control requests for appropriate accounts.Expertly communicates with external clientele and internal resource partners telephonically, via electronic correspondence and if appropriate, in the field, developing valuable agency relationships and client retention. Ensures deadlines are met and prompt responses are provided.Expert in developing and strengthening agency relationships. Visits agencies and policy holders directly. Leads policyholder and broker sales calls. Participates in renewal quote presentations.Assists with the training and development of more junior team members. Acts as a mentor.Helps to identify and improve inefficiencies in Underwriting processes. Assists with development of Underwriting tools.Ensures that work is performed in accordance with Company standards, training, managerial direction, and applicable laws.
QUALIFICATIONSEDUCATION: Bachelors degree from an accredited college or university is required, preferably in Risk Management, Economics, Finance, or Business. CERTIFICATIONS: Chartered Property Casualty Underwriter (CPCU) preferred. EXPERIENCE: Minimum of 8 years of Underwriting experience within workers compensation (carrier).LANGUAGE ABILITY: Able to read, analyze, and interpret general business periodicals, professional journals, technical procedures and governmental regulations. Able to write detailed reports, business correspondence and procedure manuals. Able to effectively present information to management and public groups.MATH ABILITY: Able to work with mathematical concepts such as probability and statistical inference. Able to apply concepts such as addition, subtraction, multiplication, division, fractions, percentages, ratios, and proportions to practical situations.REASONING ABILITY: Able to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Able to deal with problems involving several concrete variables in standardized situations.COMPUTER SKILLS: To perform this job successfully, the individual should be highly proficient on the Microsoft Office Suite and able to quickly master proprietary and vended software applications. Proficiency in Power BI preferred.
WHAT WE OFFERManageable WorkloadWork-Life BalanceWork From Home Program (up to 2 days per week) Free On-Site Parking
BENEFITSPaid Time OffPaid HolidaysRetirements Savings MatchGroup Health Insurance (Medical, Dental, and Vision) Life and AD&D InsuranceLong Term Disability InsurancePaid Community Volunteer DayEmployee Assistance ProgramTuition Reimbursement ProgramEmployee Referral ProgramDiversity, Equity and Inclusion Program
ABOUT USWith more than 50 years in business, BHHC has grown from a regional organization to a national insurance group, offering insurance products from coast to coast. Relationships are the cornerstone of our culture, and we believe in doing the right thing. That means we invest in our business in every way possible to deliver on our mission and demonstrate that people are what powers our success. Our commitment to financial strength and integrity means our customers can rest assured that we will be there when it counts.At BHHC we embrace diversity and foster an environment where our people can be their authentic selves. Our differences make us stronger and better together, which fosters a harmonious workplace-something we truly value. We've created an approachable and collaborative atmosphere. Here you'll find a welcoming workplace where everyone can feel valued, supported, and inspired to do great work. Together, we raise the bar by being curious, remaining customer-focused, and operating with integrity.
Loss Sensitive Underwriter (Senior or AVP)
Underwriter Job In Saint Louis, MO
114856 Zurich is currently looking for an experienced Loss Sensitive Casualty Underwriter to join our Middle Market Complex Casualty Underwriting team in the Midwest. We are open to hiring talent in Chicago, St. Louis and/or Kansas City and are looking for someone who has established relationships with Brokers in the Midwest. Travel to the Chicagoland area will be needed for this position. This is a technical and market facing role working with our complex/loss sensitive casualty products and is a great opportunity to join an expanding team.
While this position will be based out of one of our office locations, you will have the flexibility to work on a hybrid basis (or remote if not located within commuting distance to one of our offices within the region). You will partner with your manager to set a flexible work schedule that supports you, our customers, and our brokers and agents. This role will require you to be visible in the marketplace to meet with our agents and brokers.
This role will be filled at either the Senior or AVP underwriting level. The hiring manager will determine the appropriate level based upon the selected applicant's experience and skill set relative to the qualifications listed for this position.
Our Underwriters are market-facing with objectives focused on profitable growth and superior service to our broker partners and customers and are responsible for:
+ Generating, underwriting and analyzing domestic Complex and Loss Sensitive Casualty business
+ Market facing and production activities
+ Complying with underwriting rules and guidelines, insurance laws and regulations and rating manual rules
+ Developing and maintaining agency and broker relationships
+ Working within broad limits and authorities on complex assignments
Loss Sensitive Complex Casualty Senior Underwriter Basic Qualifications:
+ High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Brokerage or Market Facing area OR
+ High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support area OR
+ Zurich Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area OR
+ Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area AND
+ Knowledge of Microsoft Office
+ Experience working on time restraints for quotes on new and renewal business
+ Experience working in a team environment
OR
Loss Sensitive Complex Casualty AVP Underwriter Basic Qualifications:
+ High School Diploma or Equivalent and 7 or more years of experience in the Underwriting or Brokerage or Market Facing area OR
+ High School Diploma or Equivalent and 14 or more years of experience in the Claims or Underwriting Support area OR
+ Zurich Certified Insurance Apprentice including an Associate Degree and 5 or more years of experience in the Underwriting or Market Facing area OR
+ Zurich Certified Insurance Apprentice including an Associate Degree and 12 or more years of experience in the Claims or Underwriting Support area AND
+ Experience with Microsoft Office
Preferred Qualifications (Senior/AVP Level):
+ Bachelor's Degree
+ Knowledge of Domestic Complex Casualty Products
+ Ability to effectively assess risk
+ Strong negotiation skills
+ Strong broker relationships within the Midwest region
+ Superior skills in relationship building, active listening, needs analysis, and win-win negotiation.
+ Possess a high level of customer service by meeting or exceeding broker and or customer expectations with respect to required deadlines
+ Excellent oral and written communication skills
+ Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines
At Zurich, compensation for roles is influenced by a variety of factors, including but not limited to the specific office location, role, skill set, and level of experience. In compliance with local laws, Zurich commits to providing a fair and reasonable compensation range for each role. For more information about our Total Rewards, please clickhere (****************************************** . Additional rewards may encompass short-term incentive bonuses and merit increases. We encourage candidates with salary expectations beyond the provided range to apply, as they will be considered based on their experience, skills, and education. The salary indicated represents a nationwide market range and has not been adjusted for geographic differentials pertaining to the location where the position may be filled.The combined salary range for this position is $115,000.00 -$205,000.00. Theproposedsalary range for the Loss Sensitive Complex Casualty Senior is$115,000.00-$165,000.00with short-term incentive bonus eligibility set at 15%.FortheLoss Sensitive Complex Casualty AVPis$150,000.00-$205,000.00with short-term incentive bonus eligibility set at 20%.
As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time ( ************************************ ).
A future with Zurich. What can go right when you apply at Zurich?
Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500 . Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please clickhere (********************************* to learn more.
As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers' expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vet
Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.
Location(s): AM - Chicago, AM - Overland Park, AM - Missouri Virtual Office, AM - St. Louis
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No
Linkedin Recruiter Tag: #LI-WL1 #LI-HYBRID
Inland Marine - Underwriting Consultant
Underwriter Job In Saint Louis, MO
You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.
JOB DESCRIPTION:
As an Underwriting Consultant, the ideal candidate has extensive experience evaluating builders' risk, contractor equipment and transportation/logistics coverage for all industries. Candidate should be self-motivated, results driven, and possess a high level of intellectual curiosity.
As an Inland Marine Underwriting Consultant, you will be responsible for underwriting individual risks and managing a portfolio by leveraging strong technical underwriting acumen and developing key partner relationships.
Underwriter must be willing to work with within specific limits of authority & corporate guidelines for individual risks. Must be willing to collaborate with leadership on assignments requiring significant technical complexity. Underwriter must be willing and eager to engage efficiently with distribution partners to develop strong internal and external relationships.
This is a hybrid position, with the successful candidate working 2 - 3 days per week from a local office within the Central territory. Preference will be for candidate to be located in either Kansas City or Chicago; however, we are open to any of our central offices (KS, IL, OH, MO, MI, IN, or KY).
Essential Skills & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:
Product Knowledge. Underwriter must possess fundamental knowledge of inland marine coverages with extensive experience in key lines of business including but not limited to Builders Risk, Contractors Equipment, Installation, Property, and Transportation/Logistics offerings.
Risk Assessment. Reviews applications and supporting documentation for a wide range of individual risks. Determines acceptability of risk in accordance with company guidelines and standards and determines adequate pricing based on individual risk exposures, loss experience, financial statements, technical underwriting philosophy and competitive analysis in line with compliance requirements.
Product Delivery & Effective Communication. Efficiently manages the communication required to review submissions, gather information, escalate and review with leadership as needed, prepare quotes, and deliver products to key partners. Early engagement with agents for any adverse underwriting decisions, rate appeals or declinations.
Portfolio Management & Collaboration. Drives top & bottom-line results by line of business, per business unit goals & metrics. Engages with other internal business units to drive results across the organization.
Market Facing. Markets products through in-person and virtual visits. Ability and desire to sell and negotiate on behalf of CNA to secure top & bottom-line results while developing key partnerships that are mutually beneficial for the company, our distribution partners, and customers.
Systems & Programs. Utilizes relevant CNA systems to perform day-to-day activities along with Microsoft Suite and similar programs.
Skills, Knowledge & Abilities
Advanced knowledge of underwriting and insurance industry theories and practices.
Demonstrated high-level of technical expertise and Inland Marine related product specific knowledge.
Strong interpersonal, communication and negotiation skills. Ability to effectively interact with all levels of CNA's internal and external business partners.
Ability to work independently and exercise independent judgment to make critical business decisions effectively.
Strong analytical and problem-solving skills.
Demonstrated collaboration and leadership skills.
Knowledge of Microsoft Office Suite and similar business-related software.
Education & Experience
Bachelor's degree or equivalent. Professional designations preferred.
Ideally, minimum seven to ten years Inland Marine underwriting experience.
As determined by CNA and depending on the applicant's experience and/or qualifications, candidates may be hired into one of two Underwriter positions: Underwriting Specialist or Underwriting Consultant. Typically, 3-10+ years of related experience.
#LI-MA1
#LI-Hybrid
In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia, California, Colorado, Connecticut,
Illinois
,
Maryland,
Massachusetts
,
New York and Washington,
the national base pay range for this job level is $72,000 to $141,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees - and their family members - achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA's benefits, please visit cnabenefits.com.
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact ***************************.
Commercial Lines Underwriter/Broker
Underwriter Job In Saint Louis, MO
We are seeking a Commercial Lines Underwriter/Broker to join our growing team. This position is responsible for developing new relationships with retail brokers and binding new and renewal business.
Responsibilities - Develop new relationships with retail brokers
- Bind new and renewal business
- Work on a mix of Casualty and Property Accounts
- Understand needs and develop submissions/bind accounts
- Quote new/renewal business
- Traveling for client meetings & business arrangements
Qualifications/Requirements
- 3+ years of solid sales experience
- P&C license
- Willingness/ability to travel as needed
- Outgoing, personable, and consultative
- Experience in a wholesale role highly preferred
Compensation Package
- Compensation: Between $90k-$150k (based on experience) + bonus opportunities.
- Competitive benefits package, 401(k), paid time off, professional development opportunities, etc.
- Hybrid work schedule available.
Disclaimer: Please note that this job description may not cover all duties, responsibilities, or aspects of the role, and it is subject to modification at the employer's discretion.
#LI-DM2
Group Underwriter Sr.
Underwriter Job In Saint Louis, MO
Group Underwriter, Senior Location: Elevance Health operates in a Hybrid Workforce Strategy, providing various levels of flexibility while also ensuring that associates have opportunities to connect in-person. Unless in a designated virtual-eligible role and specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.
Alternate locations may be considered. This position will work in a hybrid model (remote and office). The ideal candidate will live within 50 miles of one of our Elevance Health PulsePoint locations.
The Group Underwriter Sr. is responsible for determining acceptability of insurance risks and appropriate premium rates for large, complex renewal and prospect employer groups in accordance with Corporate Underwriting Guidelines and Authority Limits.
How you will make an impact:
* Determines and provides guidance to medical underwriters concerning the risk selection of applicants applying to commercial health coverage.
* Coordinates with other departments to ensure accuracy and consistency of account reporting.
* Proposes rates for prospective business utilizing a combination of other carrier experience, demographic data and manual rates.
* Performs post-sale reviews.
* Works with product and sales partners to survey existing product portfolios by market, monitors sales results, trends, and needs, recommends portfolio changes.
Minimum requirements:
Requires a BA/BS in a related field; Minimum 4 years of related experience; or any combination of education and experience, which would provide an equivalent background.
Preferred Skills, Capabilities and Experiences:
* Level funded medical underwriting experience strongly preferred.
* CPCU, CLU, LOMA, HIAA or other insurance related courses preferred.
Job Level:
Non-Management Exempt
Workshift:
Job Family:
UND > Group Underwriting
Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.
Who We Are
Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.
How We Work
At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.
We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.
Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process. Candidates must reside within 50 miles or 1-hour commute each way of a relevant Elevance Health location.
The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.
Elevance Health is an Equal Employment Opportunity employer, and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact ******************************************** for assistance. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
Inland Marine - Underwriting Specialist
Underwriter Job In Saint Louis, MO
You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.
JOB DESCRIPTION:
As an Underwriting Consultant, the ideal candidate has extensive experience evaluating builders' risk, contractor equipment and transportation/logistics coverage for all industries. Candidate should be self-motivated, results driven, and possess a high level of intellectual curiosity.
As an Inland Marine Underwriting Consultant, you will be responsible for underwriting individual risks and managing a portfolio by leveraging strong technical underwriting acumen and developing key partner relationships.
Underwriter must be willing to work with within specific limits of authority & corporate guidelines for individual risks. Must be willing to collaborate with leadership on assignments requiring significant technical complexity. Underwriter must be willing and eager to engage efficiently with distribution partners to develop strong internal and external relationships.
This is a hybrid position, with the successful candidate working 2 - 3 days per week from a local office within the Central territory. Preference will be for candidate to be located in either Kansas City or Chicago; however, we are open to any of our central offices (KS, IL, OH, MO, MI, IN, or KY).
Essential Skills & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:
Product Knowledge. Underwriter must possess fundamental knowledge of inland marine coverages with extensive experience in key lines of business including but not limited to Builders Risk, Contractors Equipment, Installation, Property, and Transportation/Logistics offerings.
Risk Assessment. Reviews applications and supporting documentation for a wide range of individual risks. Determines acceptability of risk in accordance with company guidelines and standards and determines adequate pricing based on individual risk exposures, loss experience, financial statements, technical underwriting philosophy and competitive analysis in line with compliance requirements.
Product Delivery & Effective Communication. Efficiently manages the communication required to review submissions, gather information, escalate and review with leadership as needed, prepare quotes, and deliver products to key partners. Early engagement with agents for any adverse underwriting decisions, rate appeals or declinations.
Portfolio Management & Collaboration. Drives top & bottom-line results by line of business, per business unit goals & metrics. Engages with other internal business units to drive results across the organization.
Market Facing. Markets products through in-person and virtual visits. Ability and desire to sell and negotiate on behalf of CNA to secure top & bottom-line results while developing key partnerships that are mutually beneficial for the company, our distribution partners, and customers.
Systems & Programs. Utilizes relevant CNA systems to perform day-to-day activities along with Microsoft Suite and similar programs.
Skills, Knowledge & Abilities
Advanced knowledge of underwriting and insurance industry theories and practices.
Demonstrated high-level of technical expertise and Inland Marine related product specific knowledge.
Strong interpersonal, communication and negotiation skills. Ability to effectively interact with all levels of CNA's internal and external business partners.
Ability to work independently and exercise independent judgment to make critical business decisions effectively.
Strong analytical and problem-solving skills.
Demonstrated collaboration and leadership skills.
Knowledge of Microsoft Office Suite and similar business-related software.
Education & Experience
Bachelor's degree or equivalent. Professional designations preferred.
Ideally, minimum seven to ten years Inland Marine underwriting experience.
As determined by CNA and depending on the applicant's experience and/or qualifications, candidates may be hired into one of two Underwriter positions: Underwriting Specialist or Underwriting Consultant. Typically, 3-10+ years of related experience.
#LI-MA1
#LI-Hybrid
In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia, California, Colorado, Connecticut,
Illinois
,
Maryland,
Massachusetts
,
New York and Washington,
the national base pay range for this job level is $54,000 to $103,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees - and their family members - achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA's benefits, please visit cnabenefits.com.
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact ***************************.
Commercial Lines Underwriter
Underwriter Job In Saint Louis, MO
FCCI is guided by our core values of Loyalty, Integrity, Vision, Excellence and Service. These are the principles and behaviors that guide how we support and trust one another, build our teams, cultivate leaders and create a company that feels like family. If these are your values, we'd like you to join our team.
Our dynamic Midwest Regional team is looking for a Commercial Lines Underwriter to assist in the acquisition and retention of profitable commercial lines customers, through following sound underwriting principles reflective of company policy. The Underwriter will work with assigned agents in meeting profitability and production goals, by following guidelines and establishing business relationships, along with managing the pricing and underwriting of an assigned territory of business.
The ideal candidate will have commercial lines underwriting experience and strong agency relationships in Missouri and Illinois. This position will work a hybrid schedule in our Midwest Regional Office in Carmel, IN. If the selected candidate is in the St. Louis, MO area, this position would be remote.
In exchange for your talents, FCCI offers competitive salaries and an excellent benefits package which includes:
* Flexible Work Environment
* Paid Family Leave
* Competitive PTO & Holidays
* Recognition & Bonus Programs
* Medical, Vision, Dental & Life Insurance
* Employee Referral Bonus
* Paid Volunteer Time
* 401(k) Match & Profit-Sharing
The salary range for this position is $62,419-$96,126 annually. This salary range is an estimate and the actual salary will vary based on applicant's education, experience, knowledge, skills, and abilities.
We are an Equal Employment Opportunity employer. Applicants and employees are considered for positions and are evaluated without regard to mental or physical disability, race, color, religion, gender, national origin, age, genetic information, military or veteran status, sexual orientation, marital status or any other protected Federal, State/Province or Local status unrelated to the performance of the work involved.
Please apply via our website at *******************
Drug Free Workplace (*Pre-employment drug screen is conducted for all positions)
Personal Lines Underwriter
Underwriter Job In Saint Louis, MO
Responsibilities
Summary: When someone needs insurance coverage for the unique, the unusual, or the unconventional, they come to Burns & Wilcox. Burns & Wilcox offers unparalleled resources and exposure for those looking to excel in the specialty insurance industry. We are looking for candidates with an entrepreneurial spirit and drive for career advancement to join our team as a Personal Lines Underwriter. This is an outstanding opportunity to grow a book of business by selecting and writing new business through the cultivation of client relationships.
Build, maintain, and grow a book of business
Manage agency relationships and serve as lead client contact
Create and execute marketing plan to increase new and renewal business
Rate, quote and bind each risk to determine acceptability, coverage, and pricing for large or complex renewals as well as new business
Develop and submit underwriting referrals to company brokerage facilities and Burns & Wilcox management
Monitor key metrics to formulate corrective action impacting new business hit, renewal retention, premium growth, and loss ratio
Lead, train, and develop Associate Underwriters
Qualifications
Bachelor's degree or equivalent combination of education and experience
3+ years of commercial lines underwriting experience required, excess & surplus experience preferred
Demonstrated proficiency in sales and marketing
Insurance license, CPCU, CIC or comparable designations preferred
Interest in continued education and professional development
Travel if necessary in order to foster strong client relationships
Benefits:
Competitive base compensation & sales incentive bonus plan
Employer paid continuing education courses and designations via access to Kaufman Institute
Health and welfare benefits including medical, vision and dental
401K with employer match
Paid vacation, sick time, and holidays
Access to Kaufman Wellness Program
Flexible and hybrid work options
About Our Company
Burns & Wilcox, the flagship organization of H.W. Kaufman Group, is North America's leading wholesale insurance broker and underwriting manager. Burns & Wilcox offers wide ranging and comprehensive solutions to serve retail insurance brokers and agents of all sizes, from the large houses to the more than 30,000 independent brokers and agents worldwide. Fueled by its freedom from Wall Street and private equity, Burns & Wilcox is a privately owned company whose standards of service, depth of market relationships and outstanding talent are unsurpassed in the specialty insurance sector.
Equal Opportunity Employer
The H.W. Kaufman Group of companies is an equal opportunity employer. All employment decisions are based on business needs, job requirements and individual qualifications, without regard to race, color, religion, gender, gender identity, age, national origin, disability, veteran status, marital status, pregnancy, sexual orientation, genetic information or any other status or condition protected by the laws or regulations in the locations where we operate.
In addition, Kaufman will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.
Production Underwriter for E&S/Wholesale Insurance Company
Underwriter Job In Saint Louis, MO
The production underwriter will be responsible for low to moderately complex risk selection/rejection, pricing, retention, growth and profitability within scope of authority and per divisional objectives. Uses independent judgement and initiative to support business goals. Receives and analyzes submissions and determines terms to offer within granted authority. Prices business in accordance with program guidelines. Assess risk quality and compliance within program guidelines. Orders miscellaneous business reports needed in rating and underwriting processes, including financial agreements and underwriting surveys. Makes recommendations on risks over authority. Prepares effective internal and external communications on underwriting summaries and issues. Our salary range is between $75,000 and $85,000 for an office role in St. Louis. A discretionary bonus may apply to the qualified candidate.
Responsibilities:
Review and approve new business, endorsements, renewals and remarkets that fall within underwriting authority and applicable market guidelines; refer risks that fall outside authority or guidelines
Review risk management information to identify and recommend risk mitigation solutions and requirements
Consult and assist agents with understanding appetite and apply that knowledge to risk selection
Create and present new business and renewal proposals
Develop and retain agency and market relationships
Collaborate with team members to make sound business decisions
Qualifications:
Bachelor's degree or equivalent
Minimum 1-3 years of wholesale/E&S market with underwriting experience
Exceptional oral and written communication skills and ability to work efficiently and collaboratively with other departments
Motivated and organized self-starter with strong attention to detail
Ability to exercise sound and independent judgement
Reliable and strong team player
Comfortable working under pressure to balance production timelines with individual client needs
Equal Employment Opportunity
At Novatae Risk Group, we celebrate and support our differences. We know employing a team rich in diverse thoughts, experiences, and opinions allows our employees, our products, and our community to flourish. Novatae is honored to be an equal opportunity workplace. We are dedicated to equal employment opportunities regardless of race, color, ancestry, religion, sex, national orientation, age, citizenship, marital status, disability, gender identity, sexual orientation, or Veteran status. In addition, Novatae makes reasonable accommodations to known physical or mental limitations of an otherwise qualified applicant or employee with a disability, unless the accommodation would impose an undue hardship on the operation of our business.
Personal Lines Underwriter
Underwriter Job In Saint Louis, MO
Responsibilities Summary: When someone needs insurance coverage for the unique, the unusual, or the unconventional, they come to Burns & Wilcox. Burns & Wilcox offers unparalleled resources and exposure for those looking to excel in the specialty insurance industry. We are looking for candidates with an entrepreneurial spirit and drive for career advancement to join our team as a Personal Lines Underwriter. This is an outstanding opportunity to grow a book of business by selecting and writing new business through the cultivation of client relationships.
* Build, maintain, and grow a book of business
* Manage agency relationships and serve as lead client contact
* Create and execute marketing plan to increase new and renewal business
* Rate, quote and bind each risk to determine acceptability, coverage, and pricing for large or complex renewals as well as new business
* Develop and submit underwriting referrals to company brokerage facilities and Burns & Wilcox management
* Monitor key metrics to formulate corrective action impacting new business hit, renewal retention, premium growth, and loss ratio
* Lead, train, and develop Associate Underwriters
Qualifications
* Bachelor's degree or equivalent combination of education and experience
* 3+ years of commercial lines underwriting experience required, excess & surplus experience preferred
* Demonstrated proficiency in sales and marketing
* Insurance license, CPCU, CIC or comparable designations preferred
* Interest in continued education and professional development
* Travel if necessary in order to foster strong client relationships
Benefits:
* Competitive base compensation & sales incentive bonus plan
* Employer paid continuing education courses and designations via access to Kaufman Institute
* Health and welfare benefits including medical, vision and dental
* 401K with employer match
* Paid vacation, sick time, and holidays
* Access to Kaufman Wellness Program
* Flexible and hybrid work options
About Our Company
Burns & Wilcox, the flagship organization of H.W. Kaufman Group, is North America's leading wholesale insurance broker and underwriting manager. Burns & Wilcox offers wide ranging and comprehensive solutions to serve retail insurance brokers and agents of all sizes, from the large houses to the more than 30,000 independent brokers and agents worldwide. Fueled by its freedom from Wall Street and private equity, Burns & Wilcox is a privately owned company whose standards of service, depth of market relationships and outstanding talent are unsurpassed in the specialty insurance sector.
Equal Opportunity Employer
The H.W. Kaufman Group of companies is an equal opportunity employer. All employment decisions are based on business needs, job requirements and individual qualifications, without regard to race, color, religion, gender, gender identity, age, national origin, disability, veteran status, marital status, pregnancy, sexual orientation, genetic information or any other status or condition protected by the laws or regulations in the locations where we operate.
In addition, Kaufman will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.
Inland Marine - Underwriting Specialist
Underwriter Job In Saint Louis, MO
You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.
JOB DESCRIPTION:
As an Underwriting Consultant, the ideal candidate has extensive experience evaluating builders' risk, contractor equipment and transportation/logistics coverage for all industries. Candidate should be self-motivated, results driven, and possess a high level of intellectual curiosity.
As an Inland Marine Underwriting Consultant, you will be responsible for underwriting individual risks and managing a portfolio by leveraging strong technical underwriting acumen and developing key partner relationships.
Underwriter must be willing to work with within specific limits of authority & corporate guidelines for individual risks. Must be willing to collaborate with leadership on assignments requiring significant technical complexity. Underwriter must be willing and eager to engage efficiently with distribution partners to develop strong internal and external relationships.
This is a hybrid position, with the successful candidate working 2 - 3 days per week from a local office within the Central territory. Preference will be for candidate to be located in either Kansas City or Chicago; however, we are open to any of our central offices (KS, IL, OH, MO, MI, IN, or KY).
Essential Skills & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:
* Product Knowledge. Underwriter must possess fundamental knowledge of inland marine coverages with extensive experience in key lines of business including but not limited to Builders Risk, Contractors Equipment, Installation, Property, and Transportation/Logistics offerings.
* Risk Assessment. Reviews applications and supporting documentation for a wide range of individual risks. Determines acceptability of risk in accordance with company guidelines and standards and determines adequate pricing based on individual risk exposures, loss experience, financial statements, technical underwriting philosophy and competitive analysis in line with compliance requirements.
* Product Delivery & Effective Communication. Efficiently manages the communication required to review submissions, gather information, escalate and review with leadership as needed, prepare quotes, and deliver products to key partners. Early engagement with agents for any adverse underwriting decisions, rate appeals or declinations.
* Portfolio Management & Collaboration. Drives top & bottom-line results by line of business, per business unit goals & metrics. Engages with other internal business units to drive results across the organization.
* Market Facing. Markets products through in-person and virtual visits. Ability and desire to sell and negotiate on behalf of CNA to secure top & bottom-line results while developing key partnerships that are mutually beneficial for the company, our distribution partners, and customers.
* Systems & Programs. Utilizes relevant CNA systems to perform day-to-day activities along with Microsoft Suite and similar programs.
Skills, Knowledge & Abilities
* Advanced knowledge of underwriting and insurance industry theories and practices.
* Demonstrated high-level of technical expertise and Inland Marine related product specific knowledge.
* Strong interpersonal, communication and negotiation skills. Ability to effectively interact with all levels of CNA's internal and external business partners.
* Ability to work independently and exercise independent judgment to make critical business decisions effectively.
* Strong analytical and problem-solving skills.
* Demonstrated collaboration and leadership skills.
* Knowledge of Microsoft Office Suite and similar business-related software.
Education & Experience
* Bachelor's degree or equivalent. Professional designations preferred.
* Ideally, minimum seven to ten years Inland Marine underwriting experience.
As determined by CNA and depending on the applicant's experience and/or qualifications, candidates may be hired into one of two Underwriter positions: Underwriting Specialist or Underwriting Consultant. Typically, 3-10+ years of related experience.
#LI-MA1
#LI-Hybrid
In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia, California, Colorado, Connecticut, Illinois, Maryland, Massachusetts, New York and Washington, the national base pay range for this job level is $54,000 to $103,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees - and their family members - achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA's benefits, please visit cnabenefits.com.
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact ***************************.
Commercial Auto Underwriter
Underwriter Job In Saint Louis, MO
Acrisure is a global Fintech leader that combines the best of humans and high tech to offer multiple financial products and services to millions of businesses and individual clients. We connect clients to solutions that help them protect and grow what matters, including Insurance, Reinsurance, Cyber Services, Mortgage Origination and more.
Acrisure employs over 17,000 entrepreneurial colleagues in 21 countries and have grown from $38 million to $4.3 billion in revenue in just over ten years. Our culture is defined by our entrepreneurial spirit and all that comes with it: innovation, client centricity and an indomitable will to win.
About the Role:
Wholesure is seeking a Contract Binding Underwriter - Commercial Auto to join our Central Region team. This role will focus on underwriting and managing a portfolio of contract binding business, with a specialization in Commercial Auto risks. The ideal candidate will leverage strong carrier relationships, underwriting expertise, and market knowledge to drive profitable growth while ensuring adherence to underwriting guidelines and regulatory requirements.
Key Responsibilities:
* Underwriting & Risk Assessment: Evaluate, assess, and underwrite Commercial Auto risks within contract binding authority, ensuring profitability and compliance with carrier guidelines.
* Carrier & Broker Relations: Maintain and strengthen relationships with binding authority carriers, ensuring optimal market access and competitive positioning.
* Portfolio Management: Monitor and analyze the performance of the Commercial Auto book, implementing underwriting strategies to enhance profitability and mitigate risks.
* Service & Efficiency: Work closely with internal teams to improve backend service workflows, ensuring efficient policy issuance, endorsements, and renewals.
* Market & Industry Expertise: Stay informed on industry trends, carrier appetites, and regulatory changes impacting Commercial Auto insurance.
* Collaboration & Growth: Partner with brokerage specialists and the sales team to identify cross-selling and new business opportunities.
Qualifications & Experience:
* 3-5+ years of Commercial Auto underwriting experience, preferably in a contract binding environment.
* Strong knowledge of Commercial Auto insurance products, market trends, and carrier guidelines.
* Established relationships with contract binding carriers and wholesalers.
* Experience with agency management systems and underwriting automation tools.
* Excellent analytical, decision-making, and problem-solving skills.
* Ability to work independently while collaborating within a team-oriented environment.
* Strong negotiation and communication skills to build relationships with carriers and brokers.
* Insurance designations (CPCU, AU, CIC) are a plus.
Acrisure is committed to employing a diverse workforce. All applicants will be considered for employment without attention to race, color, religion, age, sex, sexual orientation, gender identity, national origin, veteran, or disability status. California residents can learn more about our privacy practices for applicants by visiting the Acrisure California Applicant Privacy Policy available at *************************************
To Executive Search Firms & Staffing Agencies: Acrisure does not accept unsolicited resumes from any agencies that have not signed a mutual service agreement. All unsolicited resumes will be considered Acrisure's property, and Acrisure will not be obligated to pay a referral fee. This includes resumes submitted directly to Hiring Managers without contacting Acrisure's Human Resources Talent Department.
Credit Underwriting Manager - C12 - Hybrid
Underwriter Job In OFallon, MO
The Credit Underwriting Manager provides full leadership and supervisory responsibility. Provides operational/service leadership and direction to team(s). Applies in-depth disciplinary knowledge through provision of value-added perspectives. May contribute to the development of new techniques, processes, procedures, and plans within area of expertise. Strong communication and diplomacy skills are required. Generally has responsibility for volume, quality, timeliness of end results and shared responsibility for planning and budgets. Work affects an entire area, which eventually affects the overall performance and effectiveness of the channel Full supervisory responsibility, ensuring motivation and development of team through professional leadership to include duties such as performance evaluation, compensation, hiring, disciplinary and terminations as well as direction of daily tasks and responsibilities.
**Responsibilities:**
+ Performs oversight of Client Excellence Team within Correspondent channel that supports sellers through the prepurchase review process.
+ Supports the Correspondent Account Executives in their initiatives against volume goals.
+ Responsible for managing Risk and Controls and maintaining quality expectations set forth by the organization.
+ Monitors capacity against established plans and forecasts.
+ Integrates in-depth credit operations knowledge with a solid knowledge of industry standards and practices.
+ Uses sound judgment to complete more complex credit transaction reviews.
+ Performs analysis of credit and investor delivery quality on mortgage transactions.
+ Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
**Qualifications:**
+ 5-8 years previous Mortgage Credit Analysis experience required.
+ Extensive mortgage industry knowledge related to credit worthiness, regulatory requirements and agency guidelines is required.
+ Knowledge of mortgage documentation including closing and post-closing documents.
+ Correspondent Lending experience preferred.
+ Working knowledge of reporting and presentation skills is a plus.
+ Bachelor's/University degree or equivalent experience
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
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**Job Family Group:**
Risk Management
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**Job Family:**
Credit Decisions
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**Time Type:**
Full time
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**Primary Location:**
Ofallon Missouri United States
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**Primary Location Full Time Salary Range:**
$90,080.00 - $135,120.00
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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**Anticipated Posting Close Date:**
Feb 14, 2025
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Citi is an equal opportunity and affirmative action employer.
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Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
GWIM Custom Lending Senior Credit Underwriter
Underwriter Job In Saint Louis, MO
Saint Louis, Missouri;Newport Beach, California; Atlanta, Georgia; Pasadena, California; Dallas, Texas; Fort Worth, Texas; Charlotte, North Carolina; Miami, Florida; Chicago, Illinois **:** At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
The Senior Credit Underwriter (SCU) is aligned with the Credit Executive (CE) in their goal of developing new custom lending relationships with strategic wealth clients, driving funded loan balance and revenue growth in a responsible and profitable manner, and managing a portfolio of existing lending relationships. The SCU performs and documents in-depth financial analysis for credit approval of ultra-high-net-worth clients (individuals, family offices, trusts, special wealth vehicles, etc.) in compliance with policy, procedures, and GWIM underwriting standards and guidelines.
Purpose:
The purpose of the SCU is to use key financial measures and a consistent, structured financial approach to underwrite custom lending requests and mange a loan portfolio in alignment with our risk appetite, policies, and procedures.
Responsibilities:
-Support loan growth through high quality underwriting activities
-Build credibility by developing, deepening, and sustaining a value-driven relationship with business partners
-Collaborate with Sales, Risk, Operations, and Portfolio Management to execute underwriting approval documents for custom lending transactions (new, renewal, modification) in a timely and accurate manner and in alignment with policy and procedures
-Prepare clear and concise written analysis of custom lending transactions, accurately detailing the client financial status, identifying, and mitigating key credit risks and mitigants, and documenting the terms and conditions of the transaction correctly
-Identify, escalate, and debate issues and deliver accurate and consistent data
-Maintain asset quality within the defined GWIM risk appetite limits
Necessary Activities (Includes but not limited to):
* Complete Credit Approval Memos (CAM) and Modifications to obtain credit approval for complex, custom loan products (marketable securities, commercial real estate, fine art, hedge fund, yacht, unsecured and subscription finance)
* Synthesize appropriate financial information to understand the client's financial standing, including liquidity, leverage, cash flow, key risks/mitigants and legal structure (trusts, special wealth vehicles, etc.) and apply sound reasoning to arrive at an appropriate credit decision
* Ability to cut to the heart of a complex issue and document in a clear and concise manner
* Consistently apply established procedures, policies, and practices to make financial decisions (accurate spreads, risk rating, financial modeling, necessary approvals, etc.)
* Provide lending guidance and policy expertise in upfront deal discussions with partners
* Review and negotiate loan structure/covenants during documentation process, according to creditworthiness, collateral, and risk appetite
* Proactively manage pipeline and timely deal flow of new and existing transactions
* Day to day management of loan portfolio in conjunction with partners to ensure timely and accurate execution of: collateral releases, SER preparation, renewals, resolution of failed covenants, risk rating migrations, CREEAS input, loan modifications and waivers, and past dues
* Identify and recommend process improvements
Required Qualifications:
- Strong financial analysis, accounting skills, and deal structuring for borrowers with complex balance sheets and income streams
- 3-5+ years of commercial/private wealth management credit experience
- Strong negotiation and communication skills
- Proficiency in Word, Excel and PowerPoint
- Excellent interpersonal skills and the ability to build business partnerships with risk, services and client teams who may not be co-located
Desired Qualifications:
- Formal Credit Training and/or Commercial/Wealth Management credit experience preferred
- Bachelor's degree in business administration, finance, accounting or economics preferred
Skills:
-Active Listening
-Credit Documentation Requirements
-Credit and Risk Assessment
-Financial Analysis
-Underwriting
-Analytical Thinking
-Attention to Detail
-Loan Structuring
-Portfolio Analysis
-Written Communications
-Collaboration
-Collateral Management
-Continuous Improvement
-Decision Making
-Portfolio Management
Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
**Shift:**
1st shift (United States of America)
**Hours Per Week:**
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
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Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
To view Bank of America's Drug-free Workplace and Alcohol Policy, CLICK HERE .
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work.
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
Insurance Sales
Underwriter Job In Saint Peters, MO
Insurance Sales agents perform both inbound and outbound tasks. Inbound sales come from potential customers who call in for a quote or with questions about purchasing an insurance policy. Outbound sales occur when those agents cold call people to ask about their insurance. They also contact people who expressed interest in purchasing a policy in the past. They often use software that determines the rates that shoppers would pay for a policy. Insurance agents sell home, life, health, automobile and other types of insurance. They ask a series of questions to determine which policy is best for each customer.
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