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Private Client Select · 17 hours ago

Underwriter/Senior Underwriter

Schaumburg, IL

Full-time

Hybrid

Mid, Senior Level

2+ years exp

Private Client Select Insurance Services (PCSIS) is an independent managing general underwriter focused on providing risk management solutions for high-net-worth individuals across the U.S. The role involves underwriting personal lines Property & Casualty products, evaluating risks, and maintaining relationships with brokers and clients to meet business goals.

Auto InsuranceFinancial ServicesInsuranceProperty InsuranceRisk Management

No H1B

Hiring Manager

Stephanie Garcia, MBA, PHR

Responsibilities

Responsible for underwriting a book consisting of large accounts and complex risks for partner brokers

Rapidly evaluates, prioritizes, and selects submissions to ensure completeness and rate adequacy, evaluate risks and controls, and ensure compatibility with risk appetite

Identify risk exposures, special or common hazards, claims experience and appropriate controls. Analyze claims and quantifying losses

Adhere to guidelines and underwriting discipline to minimize exposure and appropriately price risks. Use sophisticated underwriting and producer management tools to meet profitability goals

Offer coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer

Develop and maintain strong working relationships with internal and external business partners

Meet new business and renewal retention goals through strong negotiation and communication skills which may involve virtual and onsite meetings with brokers, clients, or centers of influence

Identify and target new business and cross sell opportunities by building relationships with producers and account managers

Make independent sales calls to build strong relationships and grow the book of business. Communicate risk appetite and value proposition

Capture market intelligence and broker feedback on accounts to drive account and portfolio strategies

Document underwriting files accordingly per authority statements and guidelines

Review, evaluate, and recommend modifications to underwriting guidelines and workflows

Engage in various underwriting and marketing projects to improve overall company results

Strictly adhere to the underwriting authority vested by the insurance carrier partner

Utilize knowledge of the company’s products and services to connect with agents and increase submissions

Optimize profitable, new business growth by implementing marketing strategies to increase brand awareness, acquire new customers and establish a reputation as an industry leader

Qualification

Personal Lines UnderwritingProperty & Casualty LicensureUnderwriting Concepts KnowledgeAnalytical SkillsMicrosoft ExcelNegotiation SkillsCommunication SkillsDetail-orientedSelf-motivatedInterpersonal Skills

Required

2-7 years of Personal Lines Property & Casualty Insurance underwriting experience or relevant professional experience

Property & Casualty Licensure required or willingness to obtain within 90 days of hire

Strong knowledge of underwriting concepts, practices, and procedures

Analytical and quantitative skills

Strong influencing, negotiation, and communication skills

Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions

Detail-oriented with demonstrated ability to self-direct, prioritize work, and meet deadlines

Takes initiative on projects and assignments, seeks alternate solutions when necessary

Highly motivated and results oriented

Positive, energetic, self-motivated, and possesses strong interpersonal skills

Microsoft Excel knowledge

Applicants must be legally authorized to work in the United States and must not require employment-based visa sponsorship now or in the future