Full-Time

Underwriter II

Apl

Confirmed live in the last 24 hours

Argo Group

Argo Group

1,001-5,000 employees

Specialized insurance solutions for unique risks

Social Impact
Financial Services

Mid

No H1B Sponsorship

Chicago, IL, USA

Flexible workplace policies include remote work options.

Category
Insurance
Finance & Banking
Required Skills
Data Analysis
Requirements
  • Bachelor’s degree or three-plus years related insurance experience and/or equivalent combination of education
  • Three years underwriting experience with authority, preferably in professional liability lines
  • Proven track record of driving profitable growth
  • Demonstrates an understanding and ability to effectively engage in the negotiation process
  • Strong oral and written communication skills
  • Previous insurance educational work, IIA and CPCU designation strongly preferred
  • Detail oriented with initiative and the ability to work independently in a fast-paced environment
  • Excellent analytical skills
  • Ability to travel
  • Advanced knowledge of computer programs, including Word, Excel, and Outlook
Responsibilities
  • Review and price policies to verify acceptability based upon company underwriting guidelines and granted underwriting authority.
  • Utilize underwriting tools to determine accurate classifications, rates, and premium charges.
  • Interact in person, via email, and by phone with brokers to obtain further risk-specific details, negotiate terms and pricing, and explain company positions.
  • Manage assigned underwriting territory, including the performance (GWP, loss ratio) of assigned brokers.
  • Oversee and approve endorsements as indicated.
  • Resolve premium audit disputes within assigned territory.
  • Review state laws, including cancellation and non-renewal, within assigned territory to properly transact business within the state.
  • Create, analyze, and interpret data from various reports/dashboards.
  • Conduct educational sessions within the department.
  • Other duties as assigned.

Argo Group operates in the specialty insurance market, providing customized insurance solutions for businesses and individuals facing unique or complex risks. The company focuses on industries with higher risk profiles, such as construction, marine, and energy, allowing it to offer expert risk assessment and management services. Argo generates revenue through premiums paid by policyholders, which are then invested to create additional income. This approach, combined with effective claims management, helps maintain profitability. Unlike many competitors, Argo emphasizes corporate responsibility and community engagement, fostering long-term relationships with clients and partners. The company's goal is to ensure mutual success while promoting an inclusive workplace and participating in initiatives related to diversity, sustainability, and disaster relief.

Company Stage

Acquired

Total Funding

$17.9M

Headquarters

Pembroke, Bermuda

Founded

1996

Simplify Jobs

Simplify's Take

What believers are saying

  • Argo's recent acquisition by Brookfield Reinsurance could provide new growth opportunities and financial stability.
  • The company's commitment to an inclusive workplace and professional growth fosters a positive work environment.
  • Argo's focus on sustainability and disaster relief initiatives enhances its reputation and long-term client relationships.

What critics are saying

  • The departure of key executives to competitors like AXIS Capital could impact Argo's talent pool and operational efficiency.
  • Integration challenges following the acquisition by Brookfield Reinsurance could disrupt business operations.

What makes Argo Group unique

  • Argo Limited specializes in niche markets like construction, marine, and energy sectors, offering tailored insurance solutions that standard policies do not cover.
  • The company's strong focus on corporate responsibility and community engagement sets it apart in the insurance industry.
  • Argo's leadership in risk assessment and management for high-risk industries provides a competitive edge over more generalized insurance providers.

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