Construction, Senior Regional Underwriting Manager

At Safety National, we don't just offer jobs - we build careers with purpose! Since 1942, we've been an industry leader, valuing integrity, teamwork, and stability while providing competitive rewards, top-tier benefits, career growth opportunities, and flexible work options that promote balance. With tuition reimbursement, wellness perks, and a strong community impact, we invest in your success-both personally and professionally. Ready to grow with us? Apply today!

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This opportunity is in the Insurance Underwriting department

The Insurance Underwriting Department offers a culture of empowerment to produce results and resolve clients' issues. Our team has an excellent track record of success with an experienced and creative group of people that work well together while underwriting various lines of coverage for large accounts representing numerous industries.

Role Description:

Are you an experienced construction underwriting professional who thrives on building relationships, developing innovative insurance solutions, and driving profitable business growth? As our Construction, Senior Regional Underwriting Manager, you will play a key role in expanding Safety National's presence in the construction insurance marketplace while managing a portfolio of complex, multi-line large deductible accounts.

In this highly visible role, you will take ownership of underwriting and business development activities within your assigned territory, combining your technical underwriting expertise with your ability to cultivate strong broker and client relationships. You will serve as a trusted advisor to our distribution partners, identifying new business opportunities, developing competitive insurance solutions, and delivering exceptional service that supports long-term partnerships.

Your expertise will be instrumental in evaluating complex construction risks, developing appropriate pricing and program structures, and making sound underwriting decisions that balance growth opportunities with sustainable profitability. You will collaborate with colleagues across Actuarial, Claims, Legal, and other business units to deliver comprehensive solutions that meet our clients' evolving needs.

As a senior member of our Construction underwriting team, you will also have opportunities to share your knowledge, mentor fellow underwriters, and help strengthen our multi-line underwriting capabilities.

In this role, you will:

• Underwrite new and renewal multi-line large deductible construction accounts within your assigned territory, ensuring alignment with established underwriting guidelines, profitability objectives, and delegated authority.
• Develop and maintain strong relationships with brokers, agents, and insureds, effectively communicating Safety National's value proposition and identifying opportunities for profitable growth.
• Evaluate complex underwriting submissions, including applications, financial statements, loss control reports, claims histories, and other relevant information to determine account acceptability.
• Analyze loss trends, large loss exposures, and historical performance to establish appropriate pricing, retention levels, aggregate attachments, limits, and coverage structures.
• Develop compelling underwriting proposals and negotiate favorable terms that meet client needs while supporting long-term underwriting profitability.
• Champion Safety National's multi-line underwriting capabilities and identify opportunities to expand market awareness and generate new business.
• Partner with Actuarial to evaluate pricing strategies, Legal to address contractual and regulatory matters, and Claims to support effective claims administration and third-party administrator relationships.
• Assess reinsurance needs and determine appropriate placement strategies when necessary.
• Build and maintain a robust pipeline of prospective business through regular broker and client meetings, targeted account development, and strategic relationship management.
• Monitor and achieve key production and financial performance objectives, including submission activity, hit ratios, yield ratios, retention, and profitability.
• Evaluate existing agency relationships and recommend new agency appointments to strengthen distribution capabilities within your territory.
• Represent Safety National at industry conferences, seminars, and other networking events to enhance market visibility and strengthen business relationships.
• Provide technical guidance, coaching, and mentorship to underwriting colleagues, sharing best practices and supporting team development.
• Maintain accurate underwriting documentation, communicate recommendations effectively, and collaborate with senior underwriting leadership on complex account decisions.

Qualifications:

Education:

• A bachelor's degree in Business Administration, Finance, Risk Management, Insurance, or a related field, or equivalent experience, is required.

Required Qualifications:

• Extensive experience in commercial casualty underwriting, including large deductible and national account programs, with demonstrated success in a production underwriting environment.
• Strong technical underwriting expertise, including the ability to analyze complex risks, evaluate loss experience, assess financial information, and develop appropriate pricing and coverage structures.
• Demonstrated success in developing and maintaining broker and agency relationships, generating new business opportunities, and achieving profitable underwriting results.
• Strong business acumen and analytical skills, with the ability to leverage data to make sound underwriting decisions and identify opportunities for sustainable growth.
• Proven negotiation and relationship management skills, with the ability to influence stakeholders, communicate complex underwriting concepts, and achieve favorable business outcomes.
• Excellent written and verbal communication skills, including the ability to present underwriting recommendations and business proposals to internal and external audiences.
• Strong organizational and time management skills, with the ability to manage multiple accounts, prioritize competing demands, and meet business objectives.
• Ability to collaborate effectively across departments and work within established underwriting guidelines and delegated authority levels.
• Must be presently authorized to work in the U.S. without a requirement for work authorization sponsorship by our company for this position now or in the future.
• Qualified candidates residing outside the Chicago, IL area are eligible to work remotely or in one of our regional offices.
• This position allows for a hybrid work schedule which includes a minimum of 3 days per week in our Chicago, IL Office, located at 311 S. Wacker Dr. Suite 63502 Chicago, IL. All employees are required to submit work from home requests and follow our Work From Home policy, which will be provided to all candidates selected to interview.

Preferred Qualifications:

• 10 or more years of experience in commercial casualty underwriting, particularly within large deductible, national account, or construction insurance programs.
• Experience underwriting multi-line casualty programs for large construction accounts.
• Demonstrated record of consistently strong performance and achievement in underwriting production, portfolio management, and profitable business development.
• Previous experience in a senior underwriting or leadership role, including coaching, mentoring, or providing technical guidance to underwriting professionals.
• Experience evaluating reinsurance arrangements, negotiating complex insurance programs, and developing customized coverage solutions.
• Familiarity with construction industry exposures, emerging risks, and insurance market trends.
• Chartered Property Casualty Underwriter (CPCU) designation.
• Strong professional network within the construction insurance brokerage community.

Protect the confidentiality, integrity and availability of information and technology assets against unauthorized disclosure, destruction and/or alteration, in accordance with Safety National policies, standards, and procedures.

Safety National is a leading specialty insurance and reinsurance provider. Our culture is built upon relationships, which allow us to demonstrate our expertise gained through our rich 80-year history. As a wholly-owned subsidiary of Tokio Marine, Inc., we appreciate the benefits and support provided by our affiliation with one of the top 10 insurance companies in the world.

Total Rewards That Put Employees First

In our vision to be First with Co-Workers, compensation that includes base salary, holiday bonus, and incentive awards is only a small portion of the comprehensive total rewards package we offer. Our total rewards approach recognizes and rewards the time, talents, efforts, and results of our valued employees. Highlights of our exceptional benefits include generous health, dental, and vision coverage, health savings accounts, a 401(k)-retirement savings match and an annual profit sharing contribution. We proudly offer family forming benefits for adoption, fertility, and surrogacy, generous paid time off and paid holidays, paid parental and caregiver leave, a hybrid work environment, and company-paid life insurance and disability. To support employees in their career journeys, we provide professional growth and development opportunities in addition to employee recognition and well-being programs. Apply today to learn more.

Safety National is committed to fair, transparent pay and we strive to provide competitive, market-based compensation. In our vision to be First with Co-Workers, compensation is only one piece of the comprehensive total rewards package we offer. The target base salary range for this position is $149,000, to $200,500. Compensation for the successful candidate will consider the candidate's particular combination of knowledge, skills, competencies, experience and geographic location.

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