Production Aviation Underwriting Specialist
About the role
IAT Insurance Group's Aviation team has an immediate opening for an Aviation Underwriting Specialist. This position may be based in Scottsdale, AZ; Anaheim, CA; Pasadena, CA; Alpharetta, GA; Naperville, IL; Rolling Meadows, IL; Jersey City, NJ; Newark, NJ; Williamsville, NY; or Plano, TX. For the right candidate, remote work will also be considered. In this role, you will evaluate significant and unique situations while weighing data and intangibles by maintaining and building relationships in the commercial aviation and general liability space. The ideal candidate will have at least five years of underwriting experience building their own book of business in commercial aviation and general liability. Candidates with significant experience will be considered for an Underwriting Director level role.
Responsibilities
- Review and analyze underwriting files, using judgment and experience as primary criteria, to accept new business or continue renewals within established authority level.
- Review and analyze all documents within or associated with the underwriting file to establish accuracy in identification and minimizing the risk of exposure, utilizing change requests, claim information, loss control, and outside databases to identify changes in exposure to risk.
- Review, evaluate, and determine account premium levels using sound judgment consistent with established company premium modification plans within authority limits.
- Read, evaluate, and interpret contracts and policies to determine exposures providing guidance and clarification to others consistent with experience.
- Provide clarification and verification of coverage to the Claims Department consistent with experience.
- Market to assigned agencies to achieve acceptable new business flow.
- Assess agency activity; provide clarification to agency personnel about the company’s position in annual visits to assigned agencies consistent with experience.
- Ability to travel up to 25%.
- Perform other tasks as needed.
Qualifications
- Bachelor’s degree, with at least 5 years relevant experience in commercial insurance or equivalent (equivalent defined as at least 9 years of risk management experience).
- Ability to appropriately apply loss development and advanced loss analysis concepts to achieve optimal pricing of a risk.
- Ability to creatively utilize coverage features, deductibles, or reinsurance on individual risks to achieve company objectives.
- Strong math aptitude, excellent verbal and written communication, interpersonal, and negotiating skills.
- Knowledge of various computer programs, internet-based programs, and PC literate in the use of spreadsheets.
- Authorized to work in the United States; must not require VISA sponsorship, now or in the future.
- Preferred: Aviation underwriting experience; aviation commercial general liability experience and deep understanding of exposure within this space.
- Preferred: CAIP, CPCU, ARM, or AU industry designations.
- Preferred: INS21, 22, and 23 or equivalent.
Benefits
- 26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off
- 7% 401(k) Company Match and additional Profit Sharing
- Hybrid work environment
- Numerous training and development opportunities
- Healthcare and Wellness Programs
- Opportunity to earn performance-based bonuses
- College Loan Assistance Support Plan
- Educational Assistance Program
- Mentorship Program
- Dress for Your Day Policy
Pay
The annual gross salary range for this role is $58,900 – $153,200. Total compensation includes base salary, performance‑based bonus opportunities, 401(k) match, profit‑sharing opportunities, and more.
Schedule
Hybrid schedule: work from the office Monday through Wednesday, with the option to work Thursday and Friday remotely. Remote work may be considered for the right candidate.