Management Liability Program Underwriter
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Brown & Brown is seeking a Management Liability Program Underwriter to join our growing team in Chicago, IL!
The Management Liability Program Underwriter will play a key role in the launch of a new portal program as the lead referral underwriter. They will take an active part in a broad spectrum of technical underwriting, pricing and performance monitoring for this new portfolio.
How You Will Contribute:
Underwrite referral risks that agents submit through the portal – D&O, EPL, Fiduciary, Crime and Miscellaneous Professional Liability coverages.
Collaborate with portal agents on resources, training and onboarding for new offices.
Adhere to binding authority guidelines and underwriting authority, evaluate accounts to determine risk acceptability, contractual terms and pricing.
Actively participate in all aspects of effective quality control assessments of the portal. These may include conducting portal audits, monitoring, and assessing key performance indicators.
Collaborate as needed with senior management on larger, more complex accounts requiring special expertise.
Develop, drive and continually improve underwriting and pricing strategies to support a profitable and competitive pricing approach to the market in the portal.
Monitor business results and pro-actively identify trends in conjunction with product management and other internal resources/teams to develop/drive strategies to improve business results.
Develop and distribute effective resources, education materials, and training to portal agents and others to assist them in better understanding the value associated program offerings and service.
Remain current on legal and regulatory changes and claim development in order to contribute to portfolio profitability.
Skills & Experience to Be Successful:
Bachelor's degree and 5+ years of management & professional liability underwriting experience – with a preference on program/referral underwriting experience.
Demonstrates significant contribution to underwriting profit and best practices.
Independent decision maker – takes full responsibility for making decisions and consequences associated with decisions.
High attention to detail and accuracy.
Ability to work independently and collaborate effectively with colleagues across multiple departments.
Knowledge of the management and professional liability external market.
Pay Range
$115,000 - $135,000 AnnualThe pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.
Teammate Benefits & Total Well-Being
We go beyond standard benefits, focusing on the total well-being of our teammates, including:
- Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
- Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
- Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
- Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.
Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.
The Power To Be Yourself
As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.
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