Casualty Binding Production Underwriter - Chicago

Commercial Lines Casualty/Excess Casualty Production Binding Underwriter Job Summary Seeking experienced and driven Commercial Lines Casualty/Excess Casualty Production Binding Underwriters to join a growing team. This role is focused on new business production and offers the opportunity to build and grow a book of business, with the potential to inherit a seven-figure revenue book depending on experience. Ideal candidates will have strong marketing capabilities, proven sales ability, and the ambition to succeed in a competitive environment. Compensation Package Base Salary: $80,000 – $125,000 (potential to reach $135,000+ for candidates with a significant book of business and strong relationships) Bonus Structure (Commission-Based): Eligibility begins once the producer generates 2x their base salary in revenue and covers support staff costs. Equity Participation: Opportunity for future equity participation in a privately held company. Additional Benefits: Comprehensive benefits package, professional development opportunities, and licensure cost coverage if needed. Responsibilities Build, maintain, and grow a book of business. Manage agency relationships and serve as the lead client contact. Develop and execute a marketing plan to increase new and renewal business. Rate, quote, and bind risks to determine acceptability, coverage, and pricing for large or complex renewals and new business. Submit underwriting referrals to company brokerage facilities and management. Monitor key metrics to ensure success in new business hit rates, renewal retention, premium growth, and loss ratios. Lead, train, and develop Assistant and Associate Underwriters or Brokers. Qualifications/Requirements Education: Bachelor’s degree or equivalent combination of education and experience. Experience: Minimum of 3 years in commercial lines underwriting or brokerage; excess & surplus experience preferred. Skills: Demonstrated proficiency in sales and marketing, strong organizational skills, and attention to detail. Licensure: Insurance license required (or willingness to obtain, with costs covered by the company). CPCU, CIC, or comparable designations preferred. Personality: Proven ability to build relationships, drive results, and thrive in a fast-paced environment. Professional Development: Interest in continued education and professional growth.

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