Job title: Large Commercial Property Underwriter - Remote
Job type: Permanent
Emp type: Full-time
Industry: Insurance
Functional Expertise: Underwriter
Location: Chicago, IL
Job published: 01/29/2025
Job ID: 128599

Job Description

Our "A rated" insurance carrier client is looking to add to their Large Property Underwriting Team.

Job Summary: As a Large Commercial Property Underwriter, you will play a vital role in evaluating and underwriting insurance policies for businesses. Your responsibilities will include assessing risks, analyzing policy applications, and collaborating with various teams to ensure effective underwriting processes. If you are a detail-oriented professional with a strong understanding of the insurance industry, we invite you to apply.

Responsibilities:

  1. Evaluate and underwrite insurance policies for large commercial property businesses, ensuring compliance with underwriting guidelines and regulatory requirements.
  2. Analyze risk factors, loss history, and other relevant data to make informed underwriting decisions.
  3. Collaborate with brokers and agents to gather necessary information and insights into clients' businesses.
  4. Review policy documentation, endorsements, and renewal information to ensure accuracy and completeness.
  5. Stay informed about industry trends, market conditions, and emerging risks affecting middle-market underwriting.
  6. Provide support and guidance to internal teams on underwriting-related matters.

Qualifications:

  1. Bachelor's degree in business, finance, or a related field.
  2. Proven experience as a Large Commercial Property Underwriter or in a similar role within the insurance industry.
  3. Strong knowledge of commercial insurance products and underwriting principles.
  4. Excellent analytical and decision-making skills.
  5. Effective communication and negotiation abilities.
  6. Familiarity with insurance regulations and compliance requirements.
  7. Industry certifications such as CPCU or ARM are a plus.

Compensation:

  • $130,000 - $150,000/year based on years of experience
  • Annual bonus potential of up to 20%
  • Full benefits package
  • Dollar-for-dollar match 401k

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