Job Description

Travel Insurance Underwriter

Join our team as a Travel Insurance Underwriter, where you'll play a key role in assessing and managing risks to develop competitive, profitable products with exceptional customer service. If you have experience in underwriting, risk analysis, and regulatory compliance, this is your opportunity to make a meaningful impact in a constantly evolving market. We are particularly interested in candidates with a strong technical background and expertise in Travel Insurance (this is a must!). What you'll be doing:

• Evaluate travel insurance applications, analyzing risk exposure to determine appropriate coverage and pricing.
• Review and approve insurance and reinsurance quotes within your authority, or recommend alternatives if the risk exceeds your limits.
• Prepare pricing models and assess quotes, including exploring creative underwriting solutions and reference-based pricing options.
• Monitor claims trends and loss ratios to adjust underwriting strategies accordingly.
• Collaborate with claims, actuarial, and sales teams to optimize coverage and pricing strategies.
• Build strong relationships with brokers, agents, and partners, providing underwriting support and training on policy features and guidelines.
• Ensure all underwriting activities comply with relevant regulatory and legal requirements in applicable markets.
• Analyze market trends and competitor offerings to identify opportunities for product enhancements and develop new features.

What you'll bring:

• Bachelor's degree in insurance, finance, business, or a related field.
• At least 5 years of experience in travel insurance underwriting.
• Extensive knowledge of travel insurance products, policies, and market dynamics.
• Familiarity with underwriting software and risk assessment tools.
• Strong analytical, negotiation, and relationship-building skills.
• Ability to work independently and collaboratively in a fast-paced environment.
• Excellent communication skills and meticulous attention to detail.

What we offer:

• Salary range: $100,000 - $115,000 competency & experience based.
• Annual Company & Performance based discretionary Bonus up to 15%.
• 20 days Annual Leave (rising to 25 days based on length of service).
• 8 Paid Company Holidays.
• Medical, Dental, Vision and Life Insurance HSA, FSA and HRA available + Employer Contribution.
• 401(k) Pension Plan & Employer match.
• Paid Parental Leave.
• Education Reimbursement.
• Remote position from the US or Hybrid Work from Chicago.

To apply, click on the 'apply for this job' button, you'll then need to log in or create a profile to submit your CV. We're proud to be an Equal Opportunities Employer and don't discriminate against employees or potential employees based on protected characteristics.

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