New Job Opening: Commercial Contract 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 a leader in the wholesale insurance and E&S space, this company is committed to providing exceptional service, innovative solutions, and fostering long-term relationships with clients. This role offers a unique opportunity to build and grow your own book of business while working in a collaborative and flexible environment.

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 and flexible


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

Responsibilities

• Build, maintain, and grow a personal book of business.


• Manage agency relationships and serve 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 business growth.


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


• Monitor and analyze performance metrics, including hit ratio, retention, growth, and loss ratio.


• Train and mentor assistant and associate underwriters to support 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 a plus.
  
  
  
  


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


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


• Soft Skills: Excellent relationship management, communication, and organizational skills.

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