Underwriter, Inland Marine

Position Overview

The Underwriter, Inland Marine will drive profitable growth with retail and wholesale brokers, collaborating with the broader Marine team.

Responsibilities

• Underwrite Inland Marine within the appetite developed by the team.
• Select risks, evaluate, and recommend program structure, services, and pricing to achieve a balanced portfolio and long-term profitability.
• Establish and maintain business relationships to develop new opportunities and visit insured and brokers/ producers to retain existing accounts in support of the producer and territory management plan.
• Review engineering information to assess risk quality and compliance within company guidelines and initiate appropriate loss prevention actions.
• Adhere to CAT guidelines and underwriting discipline to minimize exposure and appropriately price the assigned portfolio.
• Manage assigned portfolio to achieve gross written premium, profitability, rate, retention, product mix, new business, and portfolio management goals.
• Evaluate reinsurance requirements and implement appropriate action.
• Communicate and collaborate across disciplines to establish and maintain relationships to achieve organizational and policyholder success.
• Share underwriting expertise with underwriters at all levels.
• Commit to The Ascot Way: embody The Ascot Way in daily interactions, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.

Requirements

• A minimum of 2 years of experience underwriting Inland Marine insurance products.
• The ability to effectively interact with all levels of customers and collaborate with a team of underwriters, claims, and loss control.
• Proven marketing and negotiation skills.
• Strong communication, interpersonal, and time management skills.
• Highly collaborative.
• Bachelor’s Degree.

Compensation

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus and other forms of discretionary compensation awarded by the Company. The annualized base pay range for this role is: $115,000 - $140,000.

Company Benefits

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program).
• Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver).
• Retail Benefits: Contributory Savings Plan (401k).