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Associate Underwriter
Associate UnderwriterBrown & Brown • Chicago, IL, United States
Associate Underwriter

Associate Underwriter

Brown & Brown • Chicago, IL, United States
8 days ago
Job type
  • Full-time
Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Nexus Specialty Inc. is seeking an Associate Underwriter to join our growing team!

The underwriter will play a key role working with the product leader to help grow a profitable book of Product Recall & Contamination business for companies in the larger middle market and corporates segment. The underwriter will take an active part in the development and implementation of an underwriting strategy that identifies profitable market opportunities and broker relationships.

How You Will Contribute :

  • Underwrite, manage and develop a book of primary and excess renewal business on current product recall & contamination products.
  • Partner with the product leader to review and manage overall book performance and production results.
  • Analyze risks and book of business results to manage and control underwriting exposure and pricing strategy consistent with MGA / carrier objectives.
  • Manage retail and wholesale broker relationships nationwide.
  • Travel to existing and prospective brokers to encourage new business production.
  • Represent Nexus at networking functions and other industry-related events.
  • Cultivate and maintain relationships within and outside Nexus to develop US specialty presence.
  • Develop and expand the renewal book of business for the middle market and corporate sector.
  • Other duties as assigned

Skills & Experience to be Successful :

  • Bachelor's degree and 1+ years insurance experience.
  • Demonstrates significant contribution to underwriting profit.
  • Independent decision maker - takes full responsibility for making decisions and consequences associated with decisions.
  • Continually seeks opportunities for portfolio growth and potential wholesale broker opportunities.
  • Pay Range

    $36.06 - $36.06 Hourly

    The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and / or budget for the role.

    Teammate Benefits & Total Well-Being

    We go beyond standard benefits, focusing on the total well-being of our teammates, including :

  • Health Benefits : Medical / Rx, Dental, Vision, Life Insurance, Disability Insurance
  • Financial Benefits : ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
  • Mental Health & Wellness : Free Mental Health & Enhanced Advocacy Services
  • Beyond Benefits : Paid Time Off, Holidays, Preferred Partner Discounts and more.
  • Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

    The Power To Be Yourself

    As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, "The Power to Be Yourself".

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    Associate Underwriter • Chicago, IL, United States

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