New Job Opening: Binding Commercial/Personal Underwriter (MIDWEST) in Chicago, IL

Job Description

Binding Production Underwriter

Job Summary

Seeking motivated and entrepreneurial individuals to join a team as Binding Production Underwriters specializing in either Commercial Lines or Personal Lines. This role offers a unique opportunity to build and expand a book of business by underwriting new accounts and increasing renewal business. You will work closely with clients to provide tailored insurance solutions for unique, unconventional, and hard-to-place risks. If you are passionate about the specialty insurance market and have a strong drive for career growth, we encourage you to apply.

Compensation Package

• Competitive salary range: $100,000 - $200,000 annually


• Performance-based bonus opportunities

Responsibilities

• Build, maintain, and grow a profitable book of business


• Manage agency relationships and act as the primary client contact


• Develop and execute marketing strategies to drive new and renewal business


• Evaluate, rate, quote, and bind risks to determine acceptability, coverage, and pricing for both new and renewal accounts


• Submit underwriting referrals to company brokerage facilities and management


• Monitor key performance metrics and implement corrective actions to improve new business hit rates, renewal retention, premium growth, and loss ratios


• Lead, train, and mentor Assistant and Associate Underwriters

Qualifications/Requirements

• Bachelor’s degree or equivalent combination of education and experience


• Minimum of 3 years of commercial lines underwriting or brokerage experience (excess & surplus experience preferred)


• Proven proficiency in sales and marketing


• Strong organizational skills with exceptional attention to detail


• Commitment to ongoing education and professional development


• Insurance license, CPCU, CIC, or comparable designations preferred

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