Casualty Underwriter

Casualty Underwriter

Role Overview:

Old National Bank is looking for a Casualty Underwriter to support its insurance and risk management operations. This position focuses on reviewing casualty insurance opportunities, analyzing business and risk information, identifying potential exposures, and determining appropriate coverage based on established underwriting guidelines. The Casualty Underwriter partners with internal departments and business contacts to provide risk expertise, assist with portfolio oversight, and develop suitable insurance solutions.

Success in this role requires strong analytical judgment, careful attention to detail, and the ability to efficiently manage multiple underwriting assignments in a dynamic environment while maintaining quality, consistency, and compliance with applicable standards.

Core Responsibilities:

Risk Evaluation and Underwriting:

• Examine casualty insurance submissions, financial records, and exposure details to determine overall risk levels.
• Consider business activities, previous loss experience, coverage requirements, and other relevant factors when evaluating submissions.
• Complete underwriting records and verify that proposed coverage meets organizational guidelines and regulatory expectations.
• Prioritize and complete multiple underwriting assignments accurately within established turnaround times.

Team Collaboration and Support:

• Partner with internal departments and business representatives to provide underwriting expertise and assist with coverage decisions.
• Share risk observations, underwriting conclusions, and recommendations with relevant stakeholders.
• Work collaboratively with insurance and risk professionals to identify practical coverage solutions for clients.

Portfolio Monitoring and Risk Management:

• Track casualty insurance portfolios to recognize developing exposures and changes in risk conditions.
• Analyze loss experience, policy performance, financial developments, and applicable compliance requirements.
• Contribute to portfolio assessments and ongoing initiatives designed to strengthen risk management practices.

Core Competencies:

• Strong capabilities in underwriting analysis, risk evaluation, and problem resolution.
• Ability to use relevant information and risk indicators to make well-supported underwriting decisions.
• Effective written, verbal, organizational, and interpersonal communication skills.
• Ability to organize competing priorities and maintain performance in a high-volume environment.
• Understanding of casualty insurance products, commercial underwriting, and risk management practices.

Client and Business Support:

• Deliver dependable underwriting analysis and risk recommendations to business partners and internal stakeholders.
• Consider client coverage requirements while applying sound underwriting principles to promote responsible and sustainable outcomes.

Required Skills and Qualifications:

• 3-7 years of professional experience in casualty underwriting, commercial insurance, risk assessment, or a comparable insurance discipline.
• Demonstrated ability to independently examine and interpret financial, operational, and exposure-related information.
• Working knowledge of casualty coverage, underwriting principles, risk evaluation methods, and applicable regulations.
• Strong critical-thinking, analytical, problem-solving, and judgment skills.
• Ability to present underwriting conclusions and recommendations in a clear and concise manner.
• Comfortable handling individual assignments while contributing effectively to team objectives.
• Bachelor's degree in Business, Finance, Insurance, Risk Management, or a related area, or equivalent professional experience.

About the Organization:

Founded in 1834, Old National Bank has a long-standing commitment to serving clients and communities through dependable financial services and solutions. The organization supports the success of individuals, businesses, and communities while encouraging a workplace centered on inclusion, collaboration, innovation, and ethical conduct.

Old National Bank's workplace culture emphasizes optimism, teamwork, inclusiveness, adaptability, and integrity. Employees are encouraged to grow professionally, collaborate with others, and contribute to meaningful outcomes while helping deliver valuable financial solutions and lasting client relationships.

Apply Now