Senior Underwriter Mid-Market (Workers Compensation)

About the Role

Integrated Specialty Coverages, LLC (ISC) is a growth stage technology and data-driven commercial MGA and insurance wholesaler. As a leading online distributor of insurance products, ISC is building a digitally focused team that deeply understands the intersection between user experience, data, and AI/ML to optimize customer engagement. This senior-level position focuses on reviewing applications for workers compensation insurance and evaluating applications to determine whether to accept or decline coverage based on established underwriting guidelines. The role determines the level of coverage to be offered and appropriate pricing based on exposures presented and individual risk characteristics, assessing excessive risks and determining policy value to ensure safe and profitable distribution of risks.

Responsibilities

• Adhere to underwriting guidelines and execute underwriting and pricing strategies to maintain profitability goals
• Use level of authority to accept, reject, or mitigate risk for applications
• Approve or decline insurance applications within certain limits and issue coverage and prepare referral submission for risks exceeding individual authority
• Review and analyze risk characteristics on insurance applications, renewals, and change requests
• Ensure that underwriting activities comply with all industry and government regulations
• Document Underwriting files including risk analysis and pricing justification in accordance with established underwriting standards
• Offer recommendations to clients on insurance applications to reduce exposure to excessive risk
• Utilize underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages
• Cultivate relationships with assigned producers to achieve production goals
• Collaborate closely with the underwriting team to finalize insurance applications efficiently
• Utilize multiple databases to gather and verify supplementary data for submissions and leverage specialized software to compare risks ensuring accurate policy pricing
• Respond to customer needs, providing guidance and assistance tailored to their insurance needs
• Process accounts from approved quotes through to policy issuance with accuracy and efficiency
• Recommend ideas for program development and process improvement
• Assist in the development of the Underwriting team through sharing knowledge and market intelligence, collaboration, and mentoring relationships

Qualifications

• Bachelor's degree required or 10+ years of related experience
• Minimum 5 years of Workers Compensation underwriting or related insurance experience required
• Experience underwriting risk for the following classes: construction, hospitality, real estate, manufacturing
• CPCU, CIC, CRIS, Property & Casualty Brokers License, etc. a plus
• Strong customer service experience
• Proficiency in Microsoft Office Suite and ability to quickly learn industry-specific software
• Ability to work collaboratively with team members and other departments
• Strong desire to learn, explore new ideas, and seeking out new knowledge
• Ability to be flexible, embrace change, and quickly pivot in response to shifting priorities

Pay

National Pay Range: $101,000 USD - $127,000 USD. This role also offers bonus pay.

Benefits

• Employee Ownership Program - every eligible employee shares in the financial rewards that grow when the company grows
• Professional development opportunities
• Owner Referral Program
• Work from home reimbursement for remote/hybrid roles
• Canary emergency financial assistance program
• Comprehensive medical, dental, vision
• Life/AD&D Insurance
• Confidential, Employee Assistance Program
• Health Savings Account, includes company contribution
• Short-term disability
• Voluntary benefits - supplemental accident, critical illness, hospital insurance
• Employee discounts
• 401(k) Plan with company match contribution
• Addition Wealth Financial Wellness Program
• Various Time Off Programs
• 11 company paid holidays