Property Underwriting Executive-Genstar

Shape Your Future with Us

GenStar Insurance Services, LLC is a premier provider of excess, surplus, and specialty property and casualty insurance written on General Star Indemnity Company (non-admitted) and General Star National Insurance Company (admitted) paper (collectively, the GenStar companies). The GenStar companies conduct business through a select group of wholesale brokers, managing general underwriters (MGUs), and program administrators in the United States. The GenStar companies are members of the Berkshire Hathaway Family of Companies.

The GenStar Property Brokerage Division underwrites coverage for a wide variety of commercial property risks including Habitational, Mercantile, Office Buildings, Hotels/Motels, Nursing Homes, Light Manufacturing, and other distressed, unique, and catastrophe-exposed risks. Coverage is provided on an excess and surplus lines basis.

GenStar currently offers an excellent opportunity for Property Underwriting Executive-GenStar based out of our Chicago office. This is a hybrid role.

Role Description

The Underwriter performs a wide array of underwriting and marketing functions, demonstrating knowledge and competence in both client relationship management and technical underwriting skills. Underwriting functions include analyzing and evaluating complex risks and exposures, and applying a working knowledge of rates, forms, pricing structures, terms and conditions in property insurance.

The Underwriter collaborates with team members within the branch and across the Division daily, leveraging the company's resources to provide a best-in-class response to our valued clients. Marketing functions include remote and in-person broker meetings and require occasional travel for meetings and conferences.

Responsibilities:

Underwriting Analysis: The Underwriter researches and analyzes complex risks and exposures, using critical thinking skills in applying the tools and resources available to structure competitive and sound proposals.

Each underwriter contributes to our team, where discussion of account opportunities and sharing of knowledge is part of our daily routine and manages a flow of submissions where speed of response is valued by clients. The Underwriter is adept in the application of rates, forms, pricing, structures, and terms and conditions, and recognizes the direct impact each decision has on developing a profitable book business.

Relationship Building: The Underwriter manages and develops existing client relationships and identifies new prospects.

Seeking to bring a creative array of alternatives, options, and solutions to clients, he/she is comfortable connecting with and influencing clients at the management level. In conjunction with the other underwriters and with his/her manager's support, the Underwriter develops strategies to broaden their opportunities by crafting sound client management plans.

Learning & Development: The Underwriter takes an active role in increasing his/her knowledge of industry policies, principles, and newly emerging exposures by attending and actively participating in company underwriting and technical seminars as well as outside industry‐related courses (CPCU,ASLI). Self-motivated and intellectually curious Underwriters thrive in our learning-based culture.

Related Activities: The Underwriter seeks opportunities to lead or contribute to underwriting and marketing initiatives for the branch or Property Division, including developing new products, training new underwriters, and workingon special client entertainment or educational events.

Role Qualifications and Experience

Minimum of three years commercial insurance industry experience (five or more years preferred)

Strong analytical and critical thinking skills

Strong verbal and written communication skills

Strong client relationship management skills

Demonstrated commitment to learning

Well‐developed industry knowledge

Enthusiastic team player / self‐starter

Salary Range

117,000.00 - 195,000.00 USD

The annual base salary range posted represents a broad range of salaries around the U.S. and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.

Our Address

120 Long Ridge Road

Stamford, CT 06902 (US)

At General Re Corporation, we celebrate diversity and are committed to creating an inclusive environment for all employees. It is the General Re Corporation continuing policy to afford equal employment opportunity to all employees and applicants for employment without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or ancestry, age, past or present disability, marital status, liability for service in the armed forces, veterans' status, citizenship, sexual orientation, gender identity, or any other characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.

C'est la politique continue de la Société Générale de Réassurance d'offrir des opportunités d'emploi égales à tous les employés et candidats à l'emploi sans distinction de race, de couleur, de sexe (y compris la grossesse), de croyance (religion), de lieu d'origine ou d'ascendance, d'âge, de handicap, d'état matrimonial, de situation familiale, de citoyenneté, d'orientation sexuelle, d'identité de genre, d'expression de genre ou toute autre caractéristique protégée par la législation applicable en matière de droits de l'homme. En outre, Gen Re propose des accommodements raisonnables dans le processus de candidature et dans le cadre de l'emploi, jusqu'au point de contrainte excessive.