Senior Underwriter-Financial Institutions

Underwriting Chicago, Illinois


Headquartered in New York City with offices throughout the U.S. and in Vancouver, Canada, Hudson is a market-leading specialty insurer that offers a wide range of property and casualty insurance products to corporations, professional firms and individuals through retailers, wholesalers and program administrators.

Hudson underwrites specialty primary and excess insurance on an admitted basis through Hudson Insurance Company and on a non-admitted basis through Hudson Specialty Insurance Company and Hudson Excess Insurance Company. Hudson Insurance Company is admitted in all U.S. jurisdictions. Hudson has surplus lines eligibility in all U.S. jurisdictions through Hudson Specialty Insurance Company and Hudson Excess Insurance Company.

Collectively known as Hudson Insurance Group, its companies are rated A+ (Superior) by A.M. Best, Financial Size Category XV. Hudson Insurance Group is the U.S. Insurance Division of Odyssey Group, a leading worldwide underwriter of reinsurance and specialty insurance and wholly-owned by Fairfax Financial Holdings Limited.

Position Summary:  

This position is responsible for the development and underwriting of a profitable portfolio of Financial  

Institutions/Fintech business. Underwriters analyze the expected profitability of each risk in the  

portfolio, are strongly involved in marketing and business development activities and maintain strong  

broker and client relationships. In addition, underwriters are expected to monitor insurance markets,  

pricing and trends.  

Essential Duties:  

•Underwriting evaluation for new and renewal Financial Institutions/Fintech business in accordance  

with underwriting authority  

•Analyzing submission material including requesting and researching additional information to achieve  

sound understanding of the risk being presented  

•Participating in conference calls with brokers and clients to gain a better understanding of risk profiles  

•Pricing risk based on Hudson pricing tools and other underwriting factors specific to the risk, terms and  

structure of the placement  

•Negotiating pricing, terms and participation to maximize profitability for Hudson  

•Ensuring the maintenance of files and records, underwriting authority and peer review is carried out in  

accordance with internal procedures  

•Generating new business inquiries and develop existing business relationships through marketing and  

communication with brokers  

•Participating in industry functions and events to further build the HudsonPro brand identity and  

marketplace presence  


•Bachelor’s degree preferred  

Minimum 3 years of FI underwriting experience in the insurance industry  

Knowledge of various lines of business including D&O, E&O, Fiduciary, and Employment Practices  

Liability for Financial Lines  

•Strong analytical and decision making skills  

•Exceptional presentation and communication skills, both verbal and written  

•Strong interpersonal relationships with insurance brokers and proven marketing skills with the ability  

to develop new business opportunities  

•Ability to work as part of a team  

•Proficiency in the Microsoft Office Suite of applications  

The pay range for the role is $120,000 to $200,000. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program.  In addition, Hudson/Odyssey offers a comprehensive benefits package.