Property Senior Associate Underwriter
Hannover Digital Investments, Chicago, Illinois, United States, 60290
Property Senior Associate Underwriter
Location: Chicago, IL (hybrid)
About HDI Global Insurance Company
HDI Global Insurance Company is a commercial property and casualty insurer headquartered in Chicago, IL. As a wholly owned subsidiary of HDI Global SE, we manage the industrial lines division of the Talanx Group. Our extensive portfolio of products and services, combined with an international network of local insurers in over 150 countries, enables us to offer comprehensive domestic and global insurance solutions for U.S.-based multinational companies. We are seeking a Property Senior Associate Underwriter to support our property underwriting team. This role sits at an advanced developmental level and is a support-intensive role focused on the administrative execution, data integrity, and initial risk screening necessary to move applications through the pipeline, Responsibilities
Set up electronic files and enter preliminary data into the underwriting systems with high accuracy. Scrubbing/Cleansing Schedule of Values provided by the broker to ensure a high level of accuracy of the data entering the underwriting systems Assist in the preparation of quotes, binders, and formal policy documents. Process routine mid-term policy changes and endorsements that do not require complex risk reassessment. Support broker and client relationships through effective and timely communication. Participate in broker meetings, client presentations, and taking on increasing responsibility. Assist in monitoring portfolio performance, loss trends, and catastrophe accumulations. Ensure underwriting files, documentation, and systems comply with governance, audit, and regulatory standards. Work collaboratively with engineering, claims, accounting, legal, and operations teams. Mentor junior associate underwriters and support training and knowledge sharing within the team. Qualifications and Experience
Bachelor’s degree in Risk Management, Mathematics, Finance, Engineering, Economics, Business, or a related field. 3 years of experience in commercial or industrial property underwriting. Solid understanding of property insurance concepts, including CAT modeling. Proficiency with underwriting systems, pricing tools, and Microsoft Office. Strong written, verbal, and interpersonal communication skills. Ability to manage multiple priorities in a deadline-driven underwriting environment. Compensation and Benefits
Base salary range for this position is $75,000-$95,000 plus eligibility for a performance-based annual bonus. Actual compensation will be based on a variety of factors including experience, education, and location. We offer a competitive benefits package, including: 401(k) with company match, Paid Time Off, Sick Leave, Medical, Health Reimbursement Arrangement (HRA), Telemedicine, Wellness Program, Employee Assistance Program (EAP), Dental, Vision, Accident & Critical Illness Insurance, Flexible Spending Account (FSA), Dependent Care FSA, Group and Voluntary Life Insurance, Short- and Long-Term Disability, Pet Insurance, Transit and Parking benefits. Additional Information
HDI Global Insurance Company is an Equal Opportunity Employer. We consider applicants without regard to race, color, religion, national origin, age, sex, marital status, ancestry, disability, veteran status, gender identity, or sexual orientation. Applicants must be legally authorized to work in the United States. Recruitment Agencies: All resumes submitted without prior HR authorization will be considered unsolicited. HDI Global Insurance Company is an Equal Opportunity Employer and participates in E-Verify.
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HDI Global Insurance Company is a commercial property and casualty insurer headquartered in Chicago, IL. As a wholly owned subsidiary of HDI Global SE, we manage the industrial lines division of the Talanx Group. Our extensive portfolio of products and services, combined with an international network of local insurers in over 150 countries, enables us to offer comprehensive domestic and global insurance solutions for U.S.-based multinational companies. We are seeking a Property Senior Associate Underwriter to support our property underwriting team. This role sits at an advanced developmental level and is a support-intensive role focused on the administrative execution, data integrity, and initial risk screening necessary to move applications through the pipeline, Responsibilities
Set up electronic files and enter preliminary data into the underwriting systems with high accuracy. Scrubbing/Cleansing Schedule of Values provided by the broker to ensure a high level of accuracy of the data entering the underwriting systems Assist in the preparation of quotes, binders, and formal policy documents. Process routine mid-term policy changes and endorsements that do not require complex risk reassessment. Support broker and client relationships through effective and timely communication. Participate in broker meetings, client presentations, and taking on increasing responsibility. Assist in monitoring portfolio performance, loss trends, and catastrophe accumulations. Ensure underwriting files, documentation, and systems comply with governance, audit, and regulatory standards. Work collaboratively with engineering, claims, accounting, legal, and operations teams. Mentor junior associate underwriters and support training and knowledge sharing within the team. Qualifications and Experience
Bachelor’s degree in Risk Management, Mathematics, Finance, Engineering, Economics, Business, or a related field. 3 years of experience in commercial or industrial property underwriting. Solid understanding of property insurance concepts, including CAT modeling. Proficiency with underwriting systems, pricing tools, and Microsoft Office. Strong written, verbal, and interpersonal communication skills. Ability to manage multiple priorities in a deadline-driven underwriting environment. Compensation and Benefits
Base salary range for this position is $75,000-$95,000 plus eligibility for a performance-based annual bonus. Actual compensation will be based on a variety of factors including experience, education, and location. We offer a competitive benefits package, including: 401(k) with company match, Paid Time Off, Sick Leave, Medical, Health Reimbursement Arrangement (HRA), Telemedicine, Wellness Program, Employee Assistance Program (EAP), Dental, Vision, Accident & Critical Illness Insurance, Flexible Spending Account (FSA), Dependent Care FSA, Group and Voluntary Life Insurance, Short- and Long-Term Disability, Pet Insurance, Transit and Parking benefits. Additional Information
HDI Global Insurance Company is an Equal Opportunity Employer. We consider applicants without regard to race, color, religion, national origin, age, sex, marital status, ancestry, disability, veteran status, gender identity, or sexual orientation. Applicants must be legally authorized to work in the United States. Recruitment Agencies: All resumes submitted without prior HR authorization will be considered unsolicited. HDI Global Insurance Company is an Equal Opportunity Employer and participates in E-Verify.
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