Jobs · Finance · California

Underwriting Specialist

IAT Insurance Group · Pasadena, CA · 4 mo ago
Finance$73k–$158k/yrFull-time

Responsibilities

  • Underwrite and manage a portfolio of business within assigned authority, making sound decisions that balance risk and profitability.
  • Build and maintain productive relationships with agents and brokers, identifying when to expand partnerships or step away.
  • Review applications, financials, loss history, inspection reports, and other data to assess risk and determine appropriate terms.
  • Follow underwriting guidelines, internal processes, and regulatory requirements in all decisions.
  • Communicate clearly and directly with internal teams and external partners, explaining decisions, products, and next steps.
  • Respond promptly and professionally to inquiries, maintaining a high level of service.
  • Work with distribution partners to support business growth and identify new opportunities.
  • Use performance data to manage your book of business and improve results.
  • Stay informed on market conditions, industry trends, and competitor activity.

Qualifications

  • Must-Have: Bachelor’s degree and at least 8+ years of relevant experience or the equivalent.
  • Equivalent experience is considered twelve years of relevant commercial insurance experience.
  • Knowledge of Excess and Surplus is required.
  • Must possess the ability to appropriately apply loss development and advanced loss analysis concepts to achieve optimal pricing of risk.
  • Must possess the ability to creatively utilize coverage features, deductibles, or reinsurance on individual risks to achieve company objectives.
  • Agency Management is a must.

Preferred

  • Wholesale surplus lines experience.
  • CPCU, ARM, or AU industry designations.
  • INS21, 22, and 23 or equivalent.
  • Eight or more years of experience in commercial Insurance.

Pay

Annual gross salary range: $72,560 – $157,950.

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.

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