Marsh & McLennan Senior Underwriter in Overland Park, Kansas

Senior Underwriter

Description

Victor O. Schinnerer & Company (http://www.schinnerer.com/), a subsidiary of Marsh, is the world's oldest and largestunderwriting manager of professional liability, specialty insurance, and riskmanagement programs. Our expertise lies in evaluating risks, implementingprogram marketing, developing and executing risk management activities, andservicing accounts on behalf of our insurance company partners. We thendistribute these products through our distribution network of licensed brokers.

General Summary:

Underwrites large or complex new policies and renewals. Determines appropriate terms and conditions for coverage and rates for program profitability; builds relationships with the broker distribution force. Negotiates quotes and ensures policies are issued as bound.

Essential Functions:

  • Responds to requests from existing brokers or potential clients in order to secure business or enhance existing service.

  • Reviews and analyzes submissions, examines application forms and past claims, and determines degree of risk.

  • Assesses exposure and determines rates and terms and conditions of coverage in accordance with guidelines.

  • Negotiates terms and conditions with brokers, binds coverage and initiates issuance of documents.

  • Develops and maintains an awareness of claims and exposures.

  • Acts in a leadership role to various underwriting review meetings and general file consultation.

  • Liaison with claims department regarding policy intent, policy interpretation and the course of action on existing claims.

  • Meets with representatives to discuss technical program issues.

  • Acts as a knowledgeable resource in the product line, both inside and outside the office.

  • Assists manager with preparation of a variety of regular and ad hoc reports related to the departments' operations as required Provides advice and expertise to other underwriters on underwriting issues.

  • Assists in training of employees.

Qualifications

  • College degree, preferably in insurance or business.

  • License required and additional certification helpful (CPCU, ARM, etc.). Prefer 5 years of industry-related experience required, garage underwriter.

  • Strong analytical and judgment skills, excellent problem solving ability.

  • Requires in-depth technical expertise and high level of ability to communicate (verbally and in writing) for both administrative and technical matters.

  • Team Leader experience is preferred

Victor O. Schinnerer & Company (schinnerer.com), a subsidiary of Marsh, is the world's oldest and largest underwriting manager of professional liability, specialty insurance, and risk management programs. Our expertise lies in evaluating risks, implementing program marketing, developing and executing risk management activities, and servicing accounts on behalf of our insurance company partners. We then distribute these products through our distribution network of licensed brokers.

Marsh & McLennan Companies offers competitive salaries and comprehensive benefits and programs including: health and welfare, tuition assistance, 401K, employee assistance program, domestic partnership benefits, career mobility, employee network groups, volunteer opportunities, and other programs. For more information about our company, please visit us at: http://www.mmc.com/.We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. For more information, please visit us at: www.mmc.com/diversity .

Marsh & McLennan Companies and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

Job Underwriting

Primary Location US-KS-Overland Park

Marsh & McLennan Companies and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

Req ID: OVE00050