Senior Underwriter - (General Liability & Professional Liability) at MMC

Posted in Other 14 days ago.

Location: Chicago, Illinois





Job Description:




  • Customer and client expectations are constantly evolving. Companies are merging at historic rates. Technology is developing faster than the market can keep up with. So what competitive advantage is left? The answer: People. At Marsh, our people are the only irreplaceable assets, the ones who will make the difference now and for years to come.


    Marsh is seeking candidates for the following position: Senior Underwriter




    What you can expect:



    • Under limited supervision, the Senior Underwriter is responsible for overseeing monthly renewal rating process for Auto, GL, and Worker's Compensation coverage lines within a program delivery.


    • The Senior Underwriter works with the program account team and the Underwriting Lead to ensure the underwriting guidelines are finalize for each rating period and executed with each renewing insured.





    What's in it for you?



    • A company with a strong brand and strong results to match.


    • Culture of internal mobility, collaboration and valued partnerships.


    • Competitive pay (salary and performance bonus potential).





    We will count on you to:



    • Consults with clients on insurance risk and offers solutions that best fit their situation and circumstances.


    • Reviews and analyzes major submissions without assistance, and identifies new business opportunities to generate new accounts while maintaining a book of existing business.


    • Conducts quality assurance of the insurance risk calculations from junior underwriting staff.


    • Completes policy issuance and handles account transactions by negotiating and obtaining mutual agreement from clients, and binds coverage and initiates issuance of documents.


    • Reviews and analyzes new submissions for context and requirements in adherence to state laws and regulations for ratings and quotations.


    • Establishes and maintains business relationships with carriers and brokers to negotiate terms and conditions and to expand business with the client account.





    What you need to have:



    • 5+ years Underwriting experience


    • General Liability & Professional Liability Underwriting needed


    • Bachelor's Degree or equivalent work experience





    What makes you stand out:



    • Self-starter with the ability to work independently on projects and with clients


    • High degree of fluency in MS Office (Word, Excel, PowerPoint and Outlook)




    Marsh is the world's leading insurance broker and risk adviser. With more than 45,000 colleagues advising clients in over 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people. With annual revenue of $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. For more information, visit marshmclennan.com, follow us on LinkedIn and Twitter.


    Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law.


    If you have a need that requires accommodation, please let us know by contacting TANA@mmc.com





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