MSIG USA

Senior Underwriter - Cargo Marine

MSIG USA  •  $110k - $150k/yr  •  Chicago, IL (Onsite)  •  2 months ago
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Job Description

MSIG USA continues to grow!

MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks.

Produce, underwrite and service profitable Marine business in accordance with all department guidelines. Assumes a leadership role in the organization to positively influence staff and promote a positive image of MSIG in the marketplace. Develop agency relationships and build a profitable book of business.

Essential Functions:

  • Produces, selects and underwrites Marine risks within delegated underwriting authority, including construction, transportation or other classes of Inland Marine as authorized.
  • Applies appropriate account selection, coverage and pricing techniques according to department guidelines.
  • Monitors underwriting results, premium and loss trends within assigned book of business.
  • Establishes and executes effective and efficient producer and client visits (in conjunction with other internal units and Marketing Representatives as necessary) in order to maintain existing accounts and develop new business.
  • Coordinate with inter-company departments as well as producers, insureds, Distribution, and Marketing Representatives to ensure appropriate high level account management standards are maintained.
  • Enhances underwriting expertise in the area of Marine including assisting in training and development of Department staff.
  • Responsible for helping develop and implement best practices in the areas of Account Management.

Education and Experience Required:

  • Bachelor’s degree or equivalent business experience preferable. CPCU/ insurance designations encouraged.
  • 5+ years of Marine underwriting experience, demonstrated productivity and profitability and strong business acumen related to building a profitable book of business.
  • Strong knowledge and technical expertise of commercial Inland Marine exposures, risks, forms, coverages, and market capabilities.
  • Strong portfolio management, production, organization and time management skills with an understanding of the company’s business objectives.
  • Ability to travel as required for marketing, production and producer management activities.

Salary: he base pay range for Senior Underwriter is $110,000.00 - 150,000.00. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location.

Fraud & Security Notice: Please note that all communication regarding job opportunities at MSIG USA will come exclusively from an @msig-na.com email address. If you receive messages from any other domain, please disregard them and report the incident to: Kathy.Plank@msig-na.com

Additional Benefits:

  • Healthcare and Retirement Benefits
  • Comprehensive medical, dental, and vision coverage
  • 401(k) with a generous employer match and profit-sharing contribution
  • Wellness incentive program
  • Life and accidental death and dismemberment (AD&D) insurance
  • Flexible spending programs
  • Short-term and long-term disability plans


Additional Benefit Programs

  • Paid time off program
  • Paid charitable leave
  • Paid parental leave
  • Tuition reimbursement program
  • Personal insurance (auto/homeowners) discounts

It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!


It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG USA will provide reasonable accommodations for qualified individuals with disabilities.

MSIG USA

About MSIG USA

MSIG USA is the partner that businesses rely on for creative, customized insurance solutions. Owned by a global P&C carrier with an A+ rating and a 300-year heritage, MSIG USA helps protect leading businesses across a wide range of industries. The company’s financial strength and deep capacity enable it to cover a wide range of risks and deliver responsive, personalized service through a nationwide team. MSIG USA is admitted in all P&C lines in all 50 states, the District of Columbia, and Puerto Rico.

MSIG USA is the marketing name used to refer to certain underwriting subsidiaries of MSIG Holdings (U.S.A.), Inc. (“MSIGH”), and its subsidiary companies. U.S. Companies Only: MSIG insurers are subsidiaries of Mitsui Sumitomo Insurance Company, Limited, a member of MS & AD Insurance Group. MSIG refers to the insurers underwriting coverage: Mitsui Sumitomo Insurance Company of America, Mitsui Sumitomo Insurance USA Inc. and MSIG Specialty Insurance USA Inc

Industry
Finance & Insurance
Company Size
501-1,000 employees
Headquarters
New York, NY
Year Founded
Unknown
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