AVP Senior Underwriter, Property

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Date: Aug 25, 2024

Location: Chicago, IL, US, 60606

Company: Aspen Insurance

Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions.

 

We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism.

 

Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.

 

The work pattern for the job is Hybrid 

 

The minimum and maximum salaries for this job role are below:

 

Minimum Salary -  132,000.00 

Maximum Salary -  165,000.00 

 

The Role

 

To appropriately underwrite high value and complex risks in accordance with the business plan and within delegated underwriting authority

“Our Aspen Values are expected to be reflected in the delivery and performance of every role.”

 

Key Accountabilities

 

  • Versed in all types of E&S occupancies and exposures, including wind and earthquake
  • Familiar with Cat Modeling systems
  • Contributes to functional strategy development and prioritizes the operational deliverables and activities of team to support delivery of overall business targets.
  • Adheres to underwriting standards, instructions and good practice to minimize risk and maximize efficiency.
  • Ensures the recording and measurement of insurance risks, including DUA’s where relevant, to ensure accuracy and good practice.
  • Understands and complies with any reinsurance requirements to minimize risk and to deliver business plan objectives
  • Works with key stakeholders/business managers to develop sustainable underwriting products and services to attract and retain customers and increase profitability.
  • Establishes and strengthens strong relationships with stakeholders including customers, brokers, business partners and colleagues, to maximize influence, support their needs and achieve business objectives.
  • Demonstrates understanding and awareness of market dynamics and market cycle to drive and enhance business performance.
  • Performs complex underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are met
  • Effective and efficiently manage the ever changing wholesale marketplace

 

Skills & Experience

 

  • In depth experience of working in an underwriting environment within a specialized/complex underwriting area.
  • Specific professional qualifications at degree level or equivalent
  • Experience of successfully supporting technical and operational strategy.
  • Experienced in the use of risk profiling and pricing tools and loss models.
  • Strong established customer/broker relationships.
  • Strong level of numeracy and literacy skills.
  • Able to manage conflicting priorities to achieve deadlines.
  • Strong customer orientation skills.
  • Ability to collaborate effectively within a team environment.
  • Strong analytical skills.
  • Strong interpersonal and communication skills.
  • Strong negotiating skills.
  • Ability to analyze data and use for decision-making.
  • Strong attention to detail
  • Proficient in relevant software, including MS Office applications e.g. Excel as well as other departmental software packages.
  • Able to work independently.

 

 

At Aspen we know that having a diverse and inclusive workforce is good for our people, good for our business and good for the environments in which we operate.  We therefore welcome applications from people which allows us to draw on diverse cultures, perspectives, skills and experiences.


Nearest Major Market: Chicago

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