Cyber, Senior Underwriter at Forgepoint Capital in Chicago, Illinois

Posted in Other about 4 hours ago.

Type: full-time





Job Description:

This position is responsible for all underwriting tasks related to assigned underwriting files to promote premium growth and target loss ratio results. Responsibilities include meeting key performance metrics related to service guidelines, compliance, and portfolio management.

Duties/Responsibilities:
  • Develop and underwrite a profitable portfolio of Cyber, Media, and E&O coverages.
  • Evaluate, select, and price cyber insurance policies to achieve premium and profitability goals in accordance with underwriting guidelines and authority.
  • Monitor key performance metrics, including quote, bind, and claims ratios, and take appropriate responsive action to meet business objectives.
  • Develop and manage assigned relationships with partners, brokers and agents and ensure proper servicing of accounts.
  • Participate in conducting internal underwriting audits to ensure compliance with all applicable guidelines.
  • Work closely with other parts of the business, including product, claims, and technology, to ensure proper execution of underwriting processes.
  • Comply with corporate policies, procedures, regulations, and applicable code of conduct.

Required Skills:
  • General commercial and financial knowledge.
  • Communication skills across functional areas.
  • Knowledge of underwriting processes and systems.
  • Client service experience.
  • Working knowledge of cyber insurance coverages and claims process.
  • Ability to manage time and priorities and execute on timelines.
  • Knowledge of Microsoft Office Suite and other business-related software.
  • Ability to travel up to 15% as necessary.

Education and Experience:
  • Bachelor's degree.
  • 1-5 years of related work experience.

Forgepoint Capital and its portfolio is committed to creating a culture of inclusivity where every single member of our team is valued, has a voice, and is empowered to come to work every day just as they are.

We do not discriminate based on race, ethnicity, color, ancestry, national origin, religion, sex, sexual orientation, gender identity, disability, veteran status, genetic information, marital status or any other legally protected status.
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