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Job Title


Underwriter


Company : The Jacobson Group


Location : romeoville, IL


Created : 2024-04-26


Job Type : Full Time


Job Description

A property & casualty insurance client has a full-time opening for an Underwriter. The role of the Underwriter is to assess property and casualty risks to determine appropriate costs, terms, and parameters to insure the risk, review and analyze risk characteristics on insurance applications and change requests, and assist Director of Underwriting in new business development. The Underwriter also utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages.Duties:Reviews insurance applications along with accident and claims history, exposures, and other factors to determine acceptable riskAssist with Underwriting coverage for property and casualty, workers' compensation coverage, and student accident plansPrepare reports and participate in meetings related to the renewal of PropertyCasualty and Workers' Compensation ProgramsAnswers inquiries from prospects andor membersAssists potential members with application processAid and assist Director of Underwriting to work with Risk Pooling Trust broker(s) andor members on all regulatory and State compliance issuesPerforms other related duties as assignedQualifications: Bachelor's Degree in Business Administration, Accounting, Risk Management, or related field preferred.3+ years commercial propertycasualty insurance underwriting experience or related experience required.Chartered Property Casualty Underwriter (CPCU) status or equivalent certification preferred.Must have current propertycasualty insurance licensecertificate.Experience in a risk pooling, captive, or self-insurance program preferred.Proficient in Microsoft Office Suite or related software