ChicagoRecruiter Since 2001
the smart solution for Chicago jobs

Middle Market Executive Underwriter

Company: Disability Solutions
Location: Chicago
Posted on: June 7, 2024

Job Description:

Please note that this position is expected to be part of the pending sale of the Allianz Commercial (MidCorp/Entertainment) business to Arch Insurance (Arch). By the end of May (or shortly after hiring for those hired by Allianz in the latter part of May or thereafter), Arch is expected to make comparable offers of employment to the employees of the MidCorp/Entertainment business, conditioned upon, and subject to, the closing of the transaction. The transaction is expected to close following, and subject to, the satisfaction of all applicable closing conditions, including regulatory approval of the transaction. If an employee receives and accepts Arch's offer of employment, subject to the employee's satisfaction of the conditions to Arch's offer, the employee will commence employment with Arch at, and subject to, the close of the transaction . At that time, the employee will be covered by Arch's benefit plans and policies . Let's care for tomorrow. Your ambitions. Your dreams. Your tomorrow At Allianz Commercial (AzC), we are the global leader for insuring corporate and specialty risks in the Allianz Group. Whether it's aircraft, satellites, the world's biggest ships and tallest building, cyber-attacks or climate change impacts, AzC has the major risks covered when it comes to protecting businesses. We are looking for a Middle Market Executive Underwriter to represent and develop business for Allianz Middle Market in Chicago Your Team From manufacturing and hotels to commercial real estate and professional services, our Middle Market Team offers flexible insurance solutions for small and medium-sized enterprises in a wide range of industries, including General Liability, Property, Auto, Workers' Compensation, Umbrella/Excess, Inland Marine, Global Ambassador (DIC/DIL) and Foreign Exporter packages. The Impact You Will Have Great underwriters know how to balance data analytics with human intuition. If you like both quantitative and qualitative reasoning, enjoy the challenge and autonomy of managing your own business and accounts-at a company that offers competitive compensation and benefits, then consider joining the team at Allianz Commercial. In this role as an Underwriting Specialist, you'll develop, grow and help steward a multi-coverage book of business while working closely with agents and brokers through frequent contact points (both in-person and virtually), provide a go-to support for the local territory, prospect, pipeline, listen and be an educator to the marketplace, assess risks, determine premiums, set conditions and negotiate in order to ensure profitability and meet new business goals. We encourage you to apply and bring your expertise if you are :

  • Experienced in underwriting profitable Middle Market Multiline business (at least 7 years);
  • Entrepreneurial-Minded: determined, focused, driven, decisive, authentic, adaptable, creative and interested in strategizing, growing, building and seeing the imprints of your own success;
  • Customer Focused: you enjoy being the face and ambassador for your dedicated territory, fostering relationships, being a thought partner, collaborator, portfolio-builder with key stakeholders;
  • Collaborative: you want to contribute to overall team success, mentoring underwriters in both technical and professional skills, as well as share best practices and partner with your teammates to identify opportunities for continuous improvement;
  • A Problem Solver: you'll crunch the numbers and review the data to determine risk selection, premiums, policies and conditions, as well as identify opportunities for improved growth, profit and diversification;
  • A Strategic Account Manager: you'll ensure a profitable book of Property and Casualty insurance by writing new accounts with varying premiums and complexity, growing successful agent and broker relationships;
  • A Conscientious Professional: Understanding that the deal isn't done until the paperwork is signed, you'll document and compile comprehensive account reviews, state-compliant signoffs and referrals, letters of authority and underwriting guidelines; and
  • A Clear Communicator: You'll maintain and nurture successful relationships with agents and brokers, while presenting proposals, negotiating deals and obtaining approvals. The annualized base pay range for this role is $113,147 - $192,172. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards. 37146 - Underwriting - Professional - Allianz Commercial - Full-Time - Permanent What's in it for you? Let's care about everything that makes you, you We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us. Let's care for your financial wellbeing We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and 401K. Let's care for your opportunities to progress From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered. Let's care for life's twists and turns From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back. Let's care for our society and our planet With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients. Care to join us? Allianz Commercial (AzC) is a global corporate insurance carrier and part of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business. Learn more about us by clicking . Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our company culture. Recruitment Agencies: AzC has an in-house recruitment team, which focuses on sourcing great candidates directly. AzC does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly. #LI-DNP #LI-Hybrid Nearest Major Market: Chicago

Keywords: Disability Solutions, Chicago , Middle Market Executive Underwriter, Other , Chicago, Illinois

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Log In or Create An Account

Get the latest Illinois jobs by following @recnetIL on Twitter!

Chicago RSS job feeds