?Associate Underwriter
Upland Specialty Insurance, Chicago, IL, United States
Associate Underwriter
Upland Capital Group, Inc. is an AM Best rated "A-" VIII specialty property/casualty insurer headquartered in Dallas, Texas. Through its wholly owned insurance carrier, Upland Specialty Insurance Company, the company markets, underwrites and services specialty insurance products in select markets to include excess transportation, construction casualty, excess casualty, primary general liability, excess public entity, professional liability errors and omissions as well as excess cyber liability.
We focus on "old school" underwriting as a craft, add "new school" analytics and technology, and encourage a gritty, growth mindset among people called "we entrepreneurs."
As an Excess and Surplus (E&S) carrier, we face unique and interesting problems every day. We are seeking an Associate Underwriter to join our amazing team.
This position is based in our beautiful Chicago office. Must be able to work onsite five days a week.
Primary Function:
The role of an Associate Underwriter is to assist with day to day functions of the Underwriting operation. As the Associate Underwriter gains experience, they will become responsible for underwriting renewal and new policies in compliance with established underwriting guidelines and within designated authority levels.
Duties and Responsibilities:
Underwrite Product Recall & Contamination risks with focus on profitability
Establish relationships with brokers
Works with direct guidance from Vice President, Underwriting and other senior staff to review line of business submissions to ensure accuracy with quoting
Gather required information, negotiate terms & pricing and provide input on underwriting decisions
Operates within defined level of authority, following defined internal approval process and all applicable underwriting guidelines as noted within underwriting manuals and policies
Coordinate with Underwriting Assistant on issuance of binders, policies, endorsements and other documents as needed, as well as follow ups with brokers for required outstanding subjectivities
Collaborates with senior staff members to participate in marketing efforts
Performs other duties or tasks as assigned by leadership
Continuing education and pursuing designations
Experience, Education, Special Skills Required:
Bachelor's degree and 0-3 years of experience
Strong oral and written communication skills with solid negotiation capability
Excellent organizational, analytical, and data-driven decision-making skills
Detail-oriented team player able to work independently in a fast-paced environment
Ability to prioritize tasks based on urgency
Knowledge of insurance terminology and processes
In-office (Chicago) 5 days per week
Willing to travel 510% for marketing effort
Disclosures:
Pay Estimate: $55,000 - $75,000
Other compensation: annual incentive program
Benefits: health insurance including FSA and HSA options and free access to Teladoc, vision, dental, disability and life insurance, parental leave, responsible time off (unlimited vacation days without an accrual system), paid sick time as required by law, 401(k), tuition reimbursement and employee assistance program.
Upland Capital Group, Inc. is an AM Best rated "A-" VIII specialty property/casualty insurer headquartered in Dallas, Texas. Through its wholly owned insurance carrier, Upland Specialty Insurance Company, the company markets, underwrites and services specialty insurance products in select markets to include excess transportation, construction casualty, excess casualty, primary general liability, excess public entity, professional liability errors and omissions as well as excess cyber liability.
We focus on "old school" underwriting as a craft, add "new school" analytics and technology, and encourage a gritty, growth mindset among people called "we entrepreneurs."
As an Excess and Surplus (E&S) carrier, we face unique and interesting problems every day. We are seeking an Associate Underwriter to join our amazing team.
This position is based in our beautiful Chicago office. Must be able to work onsite five days a week.
Primary Function:
The role of an Associate Underwriter is to assist with day to day functions of the Underwriting operation. As the Associate Underwriter gains experience, they will become responsible for underwriting renewal and new policies in compliance with established underwriting guidelines and within designated authority levels.
Duties and Responsibilities:
Underwrite Product Recall & Contamination risks with focus on profitability
Establish relationships with brokers
Works with direct guidance from Vice President, Underwriting and other senior staff to review line of business submissions to ensure accuracy with quoting
Gather required information, negotiate terms & pricing and provide input on underwriting decisions
Operates within defined level of authority, following defined internal approval process and all applicable underwriting guidelines as noted within underwriting manuals and policies
Coordinate with Underwriting Assistant on issuance of binders, policies, endorsements and other documents as needed, as well as follow ups with brokers for required outstanding subjectivities
Collaborates with senior staff members to participate in marketing efforts
Performs other duties or tasks as assigned by leadership
Continuing education and pursuing designations
Experience, Education, Special Skills Required:
Bachelor's degree and 0-3 years of experience
Strong oral and written communication skills with solid negotiation capability
Excellent organizational, analytical, and data-driven decision-making skills
Detail-oriented team player able to work independently in a fast-paced environment
Ability to prioritize tasks based on urgency
Knowledge of insurance terminology and processes
In-office (Chicago) 5 days per week
Willing to travel 510% for marketing effort
Disclosures:
Pay Estimate: $55,000 - $75,000
Other compensation: annual incentive program
Benefits: health insurance including FSA and HSA options and free access to Teladoc, vision, dental, disability and life insurance, parental leave, responsible time off (unlimited vacation days without an accrual system), paid sick time as required by law, 401(k), tuition reimbursement and employee assistance program.