Executive Underwriter, Financial Institutions

JOB DESCRIPTION

The Commercial Insurance Division is currently seeking an Executive Underwriter, Financial Institutions, to execute growth and underwriting strategies in the Midwest Region.

The primary focus of the position will be underwriting and profitably growing Package, Property, General Liability, Auto, Worker's Compensation, Umbrella/Excess and niche Financial Institution products/coverages for our Financial Institutions customer base.

Responsibilities:


* Underwriting and maintaining a renewal book as well as generating new business.


* Travel, marketing, pipelining, and prospecting within the Midwest Region, cored in the Minneapolis office; drive submission activity.


* Assigned 3-4 branches within the Midwest region.


* Focus on Financial Institutions in the middle market sector.


* Account size ranges from small (slightly above BOP) to large complex property schedules and/or sizeable payroll.


* Maintain, grow and explore relationships with Midwest Region branches, our agent/brokers and clients.


* Collaborate with assigned underwriter associate, local Financial Institutions team leader, the respective Commercial Insurance Manager, and home office to position their assigned book and territory within Commercial Insurance to meet or exceed business goals of profit, growth, retention, and rate.


* Maintain high quality standards of service in conjunction with Underwriter Associate.


* Be the lead on coordination of Loss Control & Claims Service plans for service level accounts.


* Develop and negotiate price, coverage, and terms and conditions for all new business and renewals and actively identify account rounding and cross-selling opportunities.


* Adhere to authority and underwriting strategies and service standards.


* Travel: 30% of the time.

QUALIFICATIONS



* Bachelor's degree


* 5-10 years underwriting experience, preferably in the core middle market segment.


* Confidence to gain a marketplace presence and become a trusted advisor for assigned agents/brokers.


* Proven track record of building strong relationships with agents and insureds.


* Ability to work both independently and within a team environment using multiple internal and external resources appropriately, effectively and efficiently.


* Strong negotiations, presentation, and public speaking skills.


* Local broker and insurance marketplace relationships.


* Knowledge and understanding of current insurance marketplace conditions


* Understanding and adherence to organizational and regulatory rules, and ability to adhere to underwriting authority


* Understanding of Workers Compensation, General Liability, Property and Auto Liability Insurance coverage, terms and conditions.


* Proficiency in Microsoft Office Suite as well as other business-related software

The pay range for the role is $100,000 to $165,000.

The specific offer will depend on an applicant's skills and othe...