Jobs · Finance · Illinois

Commercial Transportation Underwriter (Non-Fleet)

IAT Insurance Group · Naperville, IL · 5 mo ago
Finance$70k–$120k/yrFull-time

Responsibilities

  • Evaluate, assess, price, and recommend handling of accounts beyond the agent’s granted authority and, if necessary, present the account in collaboration to obtain the authority to approve that specific account.
  • Manage, evaluate, analyze, and assess the book of new and renewal business, making recommendations as to pricing, acceptability, coverage considerations, cancellations, non-renewals, etc., to maximize profitability.
  • This involves interpreting, trending, and developing loss information from prior carriers, analyzing financial information, and preparing governmental and industry reports specifically for each account.
  • Travel, as needed, to work with assigned agents to evaluate submission flow, evaluate account acceptability, and assure the overall profitability of each assigned agents and wholesalers.
  • Calls, corresponds and meets with the assigned agency partners in a manner that maintains open communication for holistic agency management.
  • Provides outstanding customer service.
  • Builds effective working relationships with assigned agency personnel as well as internal company staff.
  • Drives acceptable levels of new business opportunities through effective marketing to assigned agents.
  • Effectively communicates with assigned agents the appropriate level of information to ensure understanding of company direction.

Qualifications

  • Bachelor’s degree and at least two years of experience in commercial Insurance.
  • In lieu of Bachelor’s degree and two years of experience, we will consider candidates that have a high school degree and six years of relevant experience.
  • Experience in managing agents in a given territory.
  • Knowledge of the transportation/Class A trucking insurance Industry.
  • Must possess the ability to creatively utilize coverage features, deductibles, or reinsurance on individual risks to achieve company objectives.
  • Requires strong math aptitude, excellent verbal and written communication, interpersonal and negotiating skills.
  • Must possess knowledge of various computer programs, internet-based programs, PC literate and working with spreadsheets.

Preferred

  • CPCU, ARM, or AU industry designations.
  • INS21, 22, and 23 or equivalent.

Pay

The annual gross salary range associated with this posting is $70,000 – $120,330. Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role. The total compensation will include a base salary, performance-based bonus opportunities, 401(K) match, profit-sharing opportunities, and more.

Schedule

This role works a hybrid schedule that requires working from the office Monday through Wednesday, with the option of working Thursday and Friday remotely. Occasional travel is required.

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