Hybrid Underwriter - or Senior Underwriter - FinPro - CorSo (Chicago, IL, US) at Swiss Re Group | Swiss Re
Swiss Re Group | Swiss Re · Chicago, United States Of America · Hybrid
- Professional
- Office in Chicago
About The Team:
You will be joining a team that has extensive knowledge in the national D&O marketplace, and one that works closely with clients to provide tailored insurance solutions. The team colleagues are made up of professionals with financial and underwriting expertise and a wealth of experience in the Executive Risks insurance sector. Collaboration amongst team members is our differentiator so that we focus and deliver on stellar insured-centric service.
About The Role:
We are looking for a pro-active, highly motivated and result-oriented Underwriter (or Senior Underwriter) to join the Professional & Financial Services (FINPRO) team within Corporate Solutions.
This is an underwriting position for someone with broad experience and established broker connections in the US private and non-profit D&O market. The core focus is on contributing to the result-oriented underwriting of Directors and Officers Liability, Employment Practices Liability and Fiduciary Liability transactions as a (primary and excess) direct insurer and to substantially grow the US private and non-profit D&O book of business.
Your main tasks will be generating new business opportunities by leveraging broker contacts, analyzing and assessing the technical insurability in respect of exposures and coverages, reviewing cover structures, wordings and proposals and preparing quotations. You will be expected to develop a thorough understanding of the client’s requirements and expectations and to participate in discussions and negotiations with Brokers, existing and new Clients. Furthermore, you may contribute to project work, work in international deal teams and accept special assignments as required.
This position is located in Chicago, Illinois. Relocation is not an option.
About You:
- Minimum 3 to 5 years underwriting experience or equivalent for Underwriter level; 7 to 10 years for Senior Underwriter
- In depth knowledge of insurance in the US private and non-profit D&O market
- Network of US D&O brokers and clients
- Technical underwriting background and focus on service orientation
- High level of self motivation and ability to work independently
- Good negotiation and analytical skills
- Good interpersonal and communication skills
- Good organizational and time management skills
- Team player, open-minded
- Willingness to travel
- Strong IT skills
The estimated base salary range for the Underwriter level is $120,000 to $180,000 and the Senior Underwriter level is $160,000 to $200,000. The specific salary offered for this or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget.
At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.
About Swiss Re Corporate Solutions
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.
Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.
During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.
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Reference Code: 135057
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