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Senior Underwriter I-Private Company

Senior Underwriter I-Private Company

EverestChicago, IL, US
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Senior Underwriter I-Private Company

Company : Everest Insurance Company

Job Category : Underwriting

Location : Chicago, IL - South Riverside

Job Type : Full time

About Everest :

Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.

Overview :

The Private Company team at Everest is excited to welcome a Senior Underwriter I to our Chicago office. In this role, you'll be a key player in evaluating and underwriting new and renewal business, all while building strong relationships with brokers and clients in the industry.

You'll have the opportunity to apply your expertise to deliver customized insurance solutions that balance smart risk management with exceptional client service. At Everest, we're proud of our commitment to profitable growth, collaboration, and innovationand you'll be at the heart of it, working alongside a team that values your insights and contributions.

Key Responsibilities :

  • Support the growth of a profitable and diversified portfolio including D&O, EPL, Fiduciary and Crime lines of business.
  • Demonstrate a complete understanding of the company's underwriting authorities and guidelines.
  • Solicit and analyze new business targets to align with the group's underwriting guidelines while maintaining portfolio profitability.
  • Underwrite and execute renewals maintaining high quality service standards while being cost-effective.
  • Develop and maintain positive business relationships with brokers and clients.
  • Assist in the development of products and marketing materials.
  • Interact and coordinate activities with other departments (in particular, management, claims, actuary).
  • Contribute to the regular analysis and review of underwriting practices and procedures including financial and coverage analysis.
  • Provide assistance and support to other members of the underwriting team when necessary and seek mentorship from superiors to further develop in the role.

Preferred Qualifications :

  • Bachelor's degree in Finance, Business Administration, or a related field.
  • 4+ years of Financial Lines underwriting experience, demonstrating subject matter expertise and strong industry contacts.
  • Excellent analytical and computer skills along with the ability to underwrite financial stability.
  • Experience in underwriting systems and tools used to measure exposure, assist in the underwriting process and help calculate target pricing.
  • Knowledge of the insurance market and strong relationships in the broker community.
  • Strong negotiation, oral and written communication skills along with interpersonal skills to handle complex accounts, cross sell within the organization, and aggressively target potential new business accounts.
  • Ability to maintain excellent broker relationships and provide high quality service.
  • Ability to ensure compliance with all internal and external management and regulatory controls.
  • Strong time management and problem-solving skills to meet all service requirements in a fast-paced, dynamic environment.
  • The base salary range for this position is $100,000 - $140,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. All offers include access to a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).

    Our Culture :

    At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors.

    Our Values :

  • Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
  • Our Colleague Behaviors :

  • Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
  • All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

    Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law.

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