Posted 10 days ago
Underwriter
AI Summary
Underwrites technical commercial risks for a global insurance carrier, analyzing complex accounts, managing broker relationships, and producing policies and endorsements.
About this role
Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.
Essential Job Functions
- Analyze and underwrite technical risk exposures on new and renewal business
- Maintain an existing account renewal book
- Travel to and conduct client and broker meetings on all major renewals
- Develop new business account production.
- Travel to and complete marketing/sales meeting in assigned territories within the Midwest Region
- Ensure underwriting and service standards are met on assigned accounts
- Develop insurance proposals, prepare policies and endorsements, obtain Home Office underwriting approvals where needed.
- Detailed Risk Assessment.
- Experience in shared and layered accounts- expertise in underwriting complex risks including Foreign fronts.
- Broker relationship management. Experience in building and managing relationships with key brokers.
- Purchase reinsurance (only with approval) when needed, review reinsurance certificates and complete reinsurance documentation
- Arrange account engineering service
Requirements
- College degree
- 3-5 years Property underwriting experience involving heavy industrial/technical risks including oil, petrochemical, chemical, steel and power generation
- Excellent oral and written communication
- Strong math skills
- Negotiation skills. Ability to negotiate complex terms and pricing with brokers.
- Good organization and effective time management -ability to meet deadlines for new business quotes and renewals.
- Self-motivated and independent work traits
Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.
Skills
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