Senior Inland Marine & Property Underwriter

Responsibilities

• Market to assigned agencies to achieve acceptable new business flow.
• 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 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.
• Assess agency activity; provide clarification to agency personnel about company’s position in annual visits to assigned agencies consistent with experience.
• Perform other tasks as needed.

Qualifications

• Must Have Bachelors’ degree in Risk Management, Finance, Mathematics, Business or related with at least 4 years-experience in commercial underwriting or equivalent.
• Thorough knowledge of Insurance Industry.
• An aptitude for building rewarding relationships with agents and brokers, peer underwriters, account analysts and junior underwriters.
• Must possess the ability to appropriately apply loss development and advanced loss analysis concepts to achieve optimal pricing of a risk.
• Must possess the ability to creatively utilize coverage features, deductibles, or reinsurance on individual risks to achieve company objectives.
• Thorough knowledge of commercial insurance products, underwriting, risk selection, pricing and marketplaces, as well as regulatory issues in relevant territories.

Preferred

• To Have CPCU, ARM, or AU industry designations.
• INS21, 22 and 23.
• Loss control/risk engineering.

Skills

• IAT Insurance Group is the largest private, family-owned property and casualty insurer in the U.S.
• Insurance Answers Together® is how we define IAT, in letter and in spirit.
• We work together to provide solutions for people and businesses.
• We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers.
• We are committed to driving and building an open and supportive culture for all.
• Our employees propel IAT forward – driving innovation, stable partnerships and growth.
• We continue to build an engaging workplace culture to attract and retain the best talent.

Benefits

• Comprehensive 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 to assist you in furthering your career
• 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