AVP, Underwriting - Financial Institutions

QBE Insurance

  • Chicago, IL
  • Permanent
  • Full-time
  • 1 month ago
Primary Details Time Type: Full timeWorker Type: EmployeeThe Opportunity:The purpose of this role is to support strategic direction for the Financial Institutions management liability portfolio in the Central region, ensuring growth and profitability. This role involves underwriting complex new and renewal business and offering specialist advice. Additionally, the role is responsible for building and maintaining broker relationships, applying technical expertise, contributing to business results, and staying informed about industry standards and new product introductions.
  • Location: Chicago, IL
  • Work Arrangement: This role is hybrid, where you will be expected to be in the office 2-3 days per week
  • The starting salary for this role is between $158,500.00 and $237,500.00
Your new roleContribute to the achievement of operational objectives for the underwriting function and/or business unit.Perform underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are met.Provide efficient and timely service to brokers and clients.Evaluate risk for new business in accordance with standards, to ensure profitable growth.Motivate and develop the team by demonstrating good leadership behaviors and management best practice.Initiate and maintain product and rating development by communicating with internal business partners.Collaborate with senior department leaders and key stakeholders to influence strategy development.Measure and optimize portfolio progress by reviewing and analyzing underwriting data.Build and maintain relationships with current and potential customers by providing quality customer service.Work Experience:Necessary Work Experience includes:Moderate relevant experience.Preferred Work Experience includes:Significant underwriting experience in the insurance industry, including operations, sales, underwriting, and claims.Established customer/broker relationships.Use of risk profiling, pricing tools, and loss models.Financial Institutions D&O/E&O underwriting experience.Level 2-3 underwriting authority.Compensation Package: The salary range for this role is provided above. This is the national range for location(s) listed. The salary offer will be decided based on the role's complexity, its location, and the candidate’s professional background, including their education and experience. Beyond the base salary, regular full-time and part-time employees will also be eligible for QBE’s annual discretionary bonus plan based on business and individual performance. We encourage all candidates to apply, even if their salary expectations fall outside of this range, as we are committed to finding the right fit for our team.QBE Benefits: We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to:Hybrid Working – a mix of working from home and in the office22 weeks of paid leave for family growth, with 12 weeks available to all parents on a gender-equal basisCompetitive 401(k) program with company match up to 8%Well-being program including holistic wellbeing coaching, gym membership, confidential counselling, financial and legal adviceTuition Reimbursement for professional certifications, and continuing educationEmployee Network and Community – QBE actively supports six Employee Networks, and many ways to give back to your communityTo learn more, click here: .Why QBE? What if you could have a positive impact – at work and in the world?At QBE, we’re enabling a more resilient future – for our customers, communities, environment, and for our people. We’re building momentum to achieve something significant and know our people are at the center of our success.Our industry offers interesting and varied careers where you can help people to protect what matters most. As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented and kind. And our international scale means we’re big enough for your ambitions, yet small enough for you to make a real impact.Join us now, so you can be part of our success – and we can be part of yours!Commitment to DiversityQBE is committed to providing reasonable accommodation to, among others, individuals with disabilities and disabled veterans. If you need an accommodation because of a disability to search and apply for a career opportunity with QBE, please inform our Talent Acquisition team to let us know the nature of your accommodation request and your contact information.Equal Employment Opportunity:QBE provides equal employment opportunities to applicants and employees without regard to race; color; gender; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; protected veteran status; or disability or any other legally protected status.How to Apply:To submit your application, click "Apply" and follow the step by step process.Equal Employment Opportunity:QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.Skills: Analytical Thinking, Communication, Critical Thinking, Decision Making, Financial Management, Insurance Underwriting, Intentional collaboration, Managing performance, Policy Development, Portfolio Management, Problem Solving, Product Management, Risk Management, Stakeholder Management, Strategic LeadershipHow to Apply:To submit your application, click "Apply" and follow the step by step process.Equal Employment Opportunity:QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

QBE Insurance