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Senior Underwriter - Miscellaneous Professional Liability

Senior Underwriter - Miscellaneous Professional Liability

Crum & ForsterChicago, IL, US
1 day ago
Job type
  • Full-time
Job description

Underwriter / Senior Underwriter (MPL, MPL with Cyber and Multimedia, Primary and Excess)

The Underwriter / Sr. Underwriter (MPL) is responsible for building and maintaining a book of MPL business, including MPL with Cyber and Multimedia coverage, both primary and excess. Work includes following underwriting guidelines, rating manuals and rules promulgated by the actuaries and MPL product management team, the review of insurance applications, quoting and binding of insurance within the authority delegated to the underwriter. This includes working with brokers in the underwriter's assigned territory to solicit business and market the company's products.

Responsibilities :

  • Work with assigned brokers to market MPL insurance products.
  • Achieve underwriting production, profitability and other financial targets for assigned brokers.
  • Assist the team leadership in the development and enhancement of new and existing products.
  • Communicate to management concerns of key brokers, market opportunities.
  • Ensure policy transactions are rated, booked, invoiced and issued accurately and meet the corporate time service standards. Transactions include quotes, new business, renewals, endorsements and cancellations.
  • Generate insurance quote letters and binder letters for MPL and related products per underwriter instructions.
  • Policy issuance.
  • In-force account management and servicing.
  • Assist in quality verification of all policy transactions, processes and procedures.
  • Electronically print documents into the imaging system / electronic underwriting file, page mark and label the documents appropriately adhering to the corporate protocols.
  • Communicate, as needed, with producers to obtain information needed to complete transactions, etc. Contribute to service excellence by answering producer questions regarding policy status and insurance inquiries.

Other duties as assigned.

Requirements :

  • Experience with Miscellaneous Professional Liability Errors & Omissions and Cyber Insurance products.
  • Established broker relationships within their given territory
  • Bachelor's degree and 3+ years of relevant underwriting experience.
  • Strong analytical skills; exceptional attention to detail.
  • Self-directed, strong organizational skills.
  • Solid computer skills including Word, Excel : email & internet based technology.
  • Solid verbal and written communication, as well as, math skills.
  • Ability to work in a fast-paced environment, and collaboratively.
  • Will abide by departmental policies and procedures, including authority levels, to comply with C&F's risk management controls.
  • Location : TBD (Chicago, Jersey City, Atlanta preferred)

    What C&F Will Bring To You

    At C&F you will belong.

    We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodation, please let us know.

    For California Residents Only : Information collected and processed as part of your career profile and any job applications you choose to submit are subject to our privacy notices and policies, visit https : / / www.cfins.com / onlineprivacypolicy / ca / noticeatcollection / for more information.

    Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws. Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $85,400 to a maximum of $150,600. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee's contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and / or performance-based variable pay programs.

  • Flexible work arrangements.
  • Competitive compensation package.
  • Generous 401K employer match.
  • Employee Stock Purchase plan with employer matching.
  • Generous Paid Time Off.
  • Excellent benefits that go beyond health, dental & vision. Our Wellness programs focus on your family's complete wellness, including your physical and mental wellbeing
  • A core C&F principle is that you manage your career. To support your development, we have a wealth of ways for you to keep learning, including tuition reimbursement, industry related certifications and professional training available to you.
  • A dynamic, ambitious, fun and exciting work environment.
  • A spirit of social responsibility, matching donation program, volunteer opportunities, and an employee driven corporate giving.
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