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Commercial Insurance Lines

Location:
Naperville, IL
Posted:
October 10, 2024

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Resume:

Kenneth W. Pietsch

*** ****** **. ● Naperville, Illinois 60540 ● *******.*******@*****.*** ● 614-***-****

Summary of Qualifications:

Over 12 years of experience in commercial insurance underwriting, contract negotiations and sales. A results-driven, licensed Property and Casualty Insurance Producer with a background in Commercial Underwriting.

Education:

The Ohio State University - Columbus, OH

B.S. Social and Behavioral Science, June 2006

Certifications:

Commercial Lines Coverage Specialist (CLCS)

Producer License – P&C for State of Illinois

Completed classes towards CPCU

Work Experience:

RenaissanceRe Insurance Oct 2021 – Nov 2023

Sr. Underwriting Analyst - Reinsurance Underwriting

Created an automated CAT rating Macro in excel to calculate the rating curve more efficiently. This eliminated 25 to 30 minutes of an underwriter’s time on each policy that was being manually input.

Focused on coverage such as property and casualty including commercial and personal auto, worker’s comp, employer’s liability, excess casualty, umbrella and some professional liability.

Collaborated with team to manage a renewal book of roughly $260M from markets in Illinois, Ohio, Wisconsin, Iowa and Michigan. Personally responsible for $43M in new and renewal business.

Consistently met with agencies to complete audits on losses or risks that we saw negatively impacting both of our company’s books. Some companies include Encova, Pioneer State Mutual, several of the Farm Bureau Agencies and more.

Enjoyed working with other Reinsurance carriers to partner on excess layers. Some of those Reinsurers were Hannover Re, Sompo International, Guy Carpenter and such.

Crum Halsted / Rummel Associates, Inc. June 2016 – Oct. 2021

Producer – Commercial Insurance

Grew and maintained a book of $650k comprised of new and renewal business.

Prospect new clients to gain an understanding of their financial needs and existing coverage.

Calculate premiums, establish payment methods and process endorsements as needed.

Develop and implement a marketing and sales strategy to generate sales opportunities of insurance products.

Assist with submissions and follow-up on applications, as well as providing ongoing service to clients.

Liberty Mutual Insurance Oct. 2013 – Feb. 2015

Sr. Production Underwriter – Commercial Umbrella & Excess Casualty

Responsible for developing Umbrella and Excess business in the states of Wisconsin & Illinois.

Continually worked to grow current book of business which is $4.1M in renewals and consist of mid-size to large accounts.

Developed and maintained broker relationships through continued correspondence and networking with agents daily.

Accepted, rejected and modified risks based on loss experience, inspection reports, file information and nature of risk in accordance.

HDI-Gerling America May 2011 – Sept. 2013

Commercial Underwriting – Commercial Property

Managed a Commercial Property book of $8.4M in premium, consisting mostly of E&S Business and Reverse flow accounts.

Responsible for Underwriting Property accounts ranging from $50k to $400k in new and renewal business.

Developed and maintained relationships with 54 total brokers and agencies, which consisted of Aon Risk Services, Authur J. Gallagher, Bartlett & Company, Marsh and Lockton.

Independently conducted full and comprehensive evaluations of a variety of complex, high-risk commercial property applications.

Worked daily with a variety of commercial accounts such as manufacturers, wholesalers, retailers & distributors.

CNA Insurance Mar. 2008 – May 2011

Commercial Underwriting – Middle Markets

Promoted from Sr. Analyst to join the Underwriting training program through CNA.

Successfully completed and passed all five sections of the CLCS Certification which included Property, C.O.P.E., General Liability, Auto, and Workers Compensation.

Effectively interacted with clients and internal departments to negotiate pricing, coverage, and terms for renewals and new business.

Continuously reviewed and researched insurance applications to evaluate, classify, rate, and approve commercial companies according to established underwriting standards and procedures.

United States Air National Guard Mar 2003 – Sept. 2011

Logistics Management – Staff Sergeant

Provided leadership and guidance to supervisors and members, enabling them to resolve problems or complaints at the lowest level.

Ensured quality control through department analysis and identification of line trends.

Chief of Technical School for 300 Airmen during Military Boot-Camp.

Awarded First Sergeant’s Award for Outstanding Performance.

Activities/Skills:

Willow Creek of Naperville –Board Member of Homeowners Association

Ohio State Alumni of Chicago -2008 – Current Board President

Easter Seals Associate Board - 2015 - 2018

Excellent communication, organization, relationship building, time management and attention to detail.

Proficient in Microsoft Office (Excel, Word, PowerPoint, Access, Visio).

Internal applications and software such as Claims Software, Rating Systems, GSL TPS Claims Shell.



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