AVP, Underwriting - Financial Institutions

Financial Institutions Management Liability Underwriter

The purpose of this role is to support strategic direction for the Financial Institutions management liability portfolio in the Central region, ensuring growth and profitability. This role involves underwriting complex new and renewal business and offering specialist advice. Additionally, the role is responsible for building and maintaining broker relationships, applying technical expertise, contributing to business results, and staying informed about industry standards and new product introductions.

Location : Chicago, IL

Work Arrangement : This role is hybrid, where you will be expected to be in the office 2-3 days per week

The starting salary for this role is between $158,500.00 and $237,500.00

Your New Role

• Contribute to the achievement of operational objectives for the underwriting function and / or business unit.
• Perform underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are met.
• Provide efficient and timely service to brokers and clients.
• Evaluate risk for new business in accordance with standards, to ensure profitable growth.
• Motivate and develop the team by demonstrating good leadership behaviors and management best practice.
• Initiate and maintain product and rating development by communicating with internal business partners.
• Collaborate with senior department leaders and key stakeholders to influence strategy development.
• Measure and optimize portfolio progress by reviewing and analyzing underwriting data.
• Build and maintain relationships with current and potential customers by providing quality customer service.

Work Experience

Necessary Work Experience includes :

Preferred Work Experience includes :

Compensation Package

The salary range for this role is provided above. This is the national range for location(s) listed. The salary offer will be decided based on the role's complexity, its location, and the candidate's professional background, including their education and experience. Beyond the base salary, regular full-time and part-time employees will also be eligible for QBE's annual discretionary bonus plan based on business and individual performance. We encourage all candidates to apply, even if their salary expectations fall outside of this range, as we are committed to finding the right fit for our team.

QBE Benefits

Hybrid Working a mix of working from home and in the office

22 weeks of paid leave for family growth, with 12 weeks available to all parents on a gender-equal basis

Competitive 401(k) program with company match up to 8%

Well-being program including holistic wellbeing coaching, gym membership, confidential counselling, financial and legal advice

Tuition Reimbursement for professional certifications, and continuing education

Employee Network and Community QBE actively supports six Employee Networks, and many ways to give back to your community

Commitment to Diversity

QBE is committed to providing reasonable accommodation to, among others, individuals with disabilities and disabled veterans. If you need an accommodation because of a disability to search and apply for a career opportunity with QBE, please inform our Talent Acquisition team.

Equal Employment Opportunity :

QBE provides equal employment opportunities to applicants and employees without regard to race; color; gender; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; protected veteran status; or disability or any other legally protected status.

Skills : Analytical Thinking, Communication, Critical Thinking, Decision Making, Financial Management, Insurance Underwriting, Intentional collaboration, Managing performance, Policy Development, Portfolio Management, Problem Solving, Product Management, Risk Management, Stakeholder Management, Strategic Leadership