MRSGNA Associate Underwriter, Surety
Munich Re
- Schaumburg, IL
- Permanent
- Full-time
- Handling risks submitted by field offices/agents and specific risks assigned by management
- Gather underwriting information and make underwriting recommendations on bonds/aggregates (new and renewal) as assigned by his/her supervisor (which will vary, depending on size and nature of risk)
- Review of collateral submissions
- Render service as required by production facilities, including regional offices and brokers/agents
- Execution of bonds beyond authority of production facilities
- Explanation of underwriting decisions
- Handling of general questions regarding the underwriting process
- Use internal systems/maintain records (electronic or otherwise) as needed
- Render assistance/support to claims staff as directed, or when requested by claims staff
- Assist underwriters and supervisors as directed
- Participate in in-house training as applicable and provided
- Carry out such other underwriting/claims-related activities as may be assigned by management consistent with this position's level of expertise
- 1-2 years of experience in accounting, finance or business related - or -
- Associates Degree in accounting, finance or general business
- No initial Underwriting Authority given; subject to change based on training and performance with max level authority no more than $1MM
- Attention to detail/documentation
- Ability to monitor and meet deadlines
- Effective oral and written communication
- Ability to take direction and prioritize
- Strong decision-making ability
- Proficiency with Excel and Word applications
- Generous healthcare plans
- Voluntary dental & vision plans
- 401(k) plan
- Flexible spending plans
- Health Savings Accounts (HSA)
- Paid time off
- Paid holidays
- Tuition reimbursement
- Short/long term disability
- Paid Parental Leave
- Employee Assistance Program (EAP)
- Employee Wellbeing Program
- Community involvement
- Life insurance