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DUAL North America · 1 day ago

Sr. Underwriter, Flood

Chicago - 1 South Wacker Drive

Full-time

Hybrid

Mid, Senior Level

$125K/yr - $150K/yr

3+ years exp

DUAL North America, Inc. is a leading underwriting organization seeking a Sr. Underwriter to join their Flood team. The Sr. Underwriter will manage renewal policies and new business, focusing on servicing retail and wholesale segments, while ensuring strong relationships with brokers and effective underwriting practices.

CommercialFinancial ServicesInsurance

Responsibilities

Direct and supervise underwriting activities as the need arises to produce positive profit and expense results within area of responsibility

Develop positive relationships with brokers and effectively articulate DUAL's appetite

Solicit, review, and coordinate new business opportunities with brokers

Underwrite both new and renewal business

Exhibit high levels of collaboration, leadership, customer service, and persistence

Provide strong analytical ability and sound judgment to make informed and accurate decisions

Analyze new submission submissions for acceptability. Review applications, loss runs, websites, models, etc

Communicate declination or need for additional information to broker/agent

Determine if accounts are a fit for our in-house authority or if referral is required

Complete thorough, accurate, detailed underwriting notes to document the underwriting thought process

Submit clear, detailed referrals to carrier partners (when required)

Generate quote documents and send to broker/agent

Generate binder/invoice documents and send to broker/agent

Handle post-bind concerns and ongoing account questions and routine service

Create complete files

Review renewal accounts 90 days from effective to determine eligibility for renewal

Solicit renewal information from agent/broker

Determine if accounts are fit for our in-house authority or if referral is required

Complete thorough, accurate, detailed underwriting notes to document the underwriting thought process

Quote renewal using in-house authority or refer if necessary

Produce Bind/invoice renewal documents

Handle post-bind concerns and ongoing account questions and routine service

Qualification

Flood underwriting experienceBusiness developmentNegotiation skillsBachelor's degreeAnalytical abilityCustomer serviceOrganizational skillsTime managementCritical thinkingCommunication skills