Large Casualty Sr Underwriter, Central Zone
$110k - $165kN2G Worldwide Insurance Services, LLC
Sr Underwriter
We are growing rapidly and seeking to hire a Sr Underwriter to work in our Central Zone. This position is a remote role with need for in-person attendance throughout the year (broker meetings and events, company meetings and events).
Candidate must be situated in Chicagoland or Dallas to be considered for the position.
About N2G Worldwide Insurance Services, LLC
N2G Worldwide is a joint venture created by Nationwide Mutual Insurance Company (Nationwide), one of the largest insurance and financial services companies in the U.S., and Generali Global Corporate and Commercial (Generali), a top global insurance company based in Italy.
The combination of Nationwide and Generali allows N2G Worldwide to provide a lifetime of customized protection to our global clients through creativity, flexibility, renowned service and happy, innovative colleagues utilizing a powerful portfolio of global and local products, virtually unmatched in-house risk analytics, engineering and client service capabilities and an owned, 180+ country global network.
At N2G Worldwide, we aspire to be the most admired, most caring, most innovative and most colleague and client-focused provider of global insurance solutions in the market.
Position Overview
Sr. Underwriter is responsible for underwriting commercial accounts (GL, Auto, Workers Compensation and Umbrella). She/he/they works with agents to develop new business opportunities, then develops marketable rates and coverages based on the account needs and market conditions. This position is responsible for an underwriting territory covering assigned region/ zone and requires the availability to travel to or within the region/ zone for marketing and underwriting meetings.
This Position Is Responsible For
Profitably producing and underwriting insurance business within the level of authority.
Concentrating on complex casualty exposures for corporate customers with premium in excess of $1M or with loss sensitive structures (Deductibles / SIRs).
Negotiating pricing, collateral and coverage conditions with brokers, in line with underwriting guidelines
Supervising Underwriting Associates in the preparation and checking of underwriting documents and providing guidance as needed
Liaising with brokers, clients, and carriers as needed and providing superior customer service to brokers and clients
Assisting the Regional Team Leads in their function by providing information, backup and other support as required by the nature of the business
Participating in the development of business strategies and budget forecasts by providing professional insight based on underwriting trends / results
Ensuring that underwriting data is accurate, complete and entered into the core management system promptly.
Complying with all applicable policies and procedures relevant to documentation standards and underwriting authority grants.
Attending meetings with brokers and clients and taking an active role in putting forward new ideas to meet needs
Experience And Skill Requirements
Bachelor's degree required or on the job experience
Preferred majors: risk management and insurance, economics, business, finance, accounting, mathematics
A minimum of 7 years' experience underwriting at a Casualty carrier
Sound knowledge of insurance with specific reference to Casualty lines of business underwritten
Knowledge of the insurance market both at national and international level.
Availability to travel
Self-motivated, self-confident; able to work as part of a team and on his/her own initiative.
Calm, flexible and organized approach to meet business needs.
Able to prioritize workload and coordinate the work of others.
Strong verbal and written communication skills
Capable of independently tracking and completing multiple requests in a dynamic, international environment
Strong computer technical acumen with expert level knowledge of Microsoft Office
Experience and relationships with agents
International experience is a plus
Position Salary and Benefits
The annual salary for this position ranges from $110,000 to $165,000 depending on actual experience, skillset, and location. In addition to base salary, full-time N2G employees are also eligible for bonus potential. N2G offers a comprehensive benefits plan that includes the following: Paid holidays, flexible discretionary time off, sick, maternity and parental leave plan, vision, dental and medical health plans, employer paid life insurance, 401k with company match, short term and long-term disability, direct deposit, and employee assistance program.
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