New Job Opening: Binding Underwriter in Chicago, IL

Job Description

Commercial Lines Underwriter / Broker (E&S)

Job Summary

Seeking a highly motivated and experienced Commercial Lines Underwriter/Broker specializing in Excess & Surplus (E&S) lines to join a dynamic and growing team. As an industry leader in the wholesale insurance and E&S space, provide unparalleled access to broad carrier and brokerage markets, a strong internal training program, and a clear path to building and growing your personal book of business. This role offers a hybrid and flexible work environment, allowing you to thrive in a supportive and innovative setting.

Compensation Package

• Base Salary Range: $75,000 – $115,000


• Bonus: Sales incentive bonus plan


• Benefits Include:
  
  
  
  • Medical, dental, and vision insurance
  
  
  • 401(k) with employer match
  
  
  • Paid vacation, sick time, and holidays
  
  
  • Continuing education and professional designations
  
  
  • Wellness program
  
  
  
  


• Work Environment: Hybrid/flexible


• Travel: Minimal to moderate (agency visits and relationship building)

Responsibilities

• Build, maintain, and grow a book of business in the commercial lines E&S market.


• Manage agency relationships and act as the primary client contact.


• Rate, quote, and bind risks for new and renewal business, focusing on complex accounts.


• Develop and execute marketing plans to drive growth and achieve performance metrics, including hit ratio, retention, growth, and loss ratio.


• Submit underwriting referrals to brokerage facilities and leadership as needed.


• Train and mentor assistant and associate underwriters to foster team development.

Qualifications/Requirements

• Experience: Minimum of 3+ years in commercial lines underwriting or brokerage, with a strong preference for E&S experience.


• Licenses/Designations:
  
  
  
  • Property & Casualty (P&C) license preferred.
  
  
  • CPCU, CIC, or similar professional designations are highly desirable.
  
  
  
  


• Technical Skills: Familiarity with standard agency management systems; no specific system required.


• Lines of Business Expertise: Strong knowledge of commercial lines, with a focus on complex, middle-market, and E&S risks.


• Key Attributes:
  
  
  
  • Proven ability to build and maintain strong client relationships.
  
  
  • Results-driven mindset with a focus on growth and performance metrics.
  
  
  • Excellent communication, negotiation, and organizational skills.
  
  
  
  

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