IAT Insurance Group has an immediate opening for an Assistant Vice President of Inland Marine Property and Aviation (IPA) Business Unit that will be tasked with building a book of business on the west coast of the United States. This role will be a key member of the IPA leadership team and will play a vital role from both a strategic and an underwriting perspective in terms of how the IPA business looks to build upon its strong foundation and continued growth.
This role will be located in Bellevue Washington. Please note IAT works on a hybrid schedule working from the office Monday through Wednesday with the option of working remotely Thursday and Friday.
Responsibilities:
- Build and lead a team Inland Marine Underwriters to manage and grow a profitable book of business.
- Hire and develop a team of underwriters. Establish annual goals provide ongoing coaching and feedback to staff and complete formal performance appraisals.
- Develop and implement strategies to ensure a high level of employee engagement.
- Continuously monitor the performance of the book and make recommendations to adjust execution and strategy as necessary to achieve business goals.
- Partner with support functions such as Product Developers Actuarial Claims Regulatory Risk Control and IT to build and maintain profitable books of business.
- Engage with actuarial and others to develop and refine pricing and underwriting tools.
- Establish and monitor lines of authority.
- Represent the company to internal and external customers; build and foster beneficial contacts and networks.
- Assess needs and develop training to meet the needs of staff to further enhance and grow the product lines.
- Participate on cross-functional projects.
Qualifications:
Must Have:
- Bachelors degree and at least 10 years of related IPA underwriting experience or equivalent.
- Equivalent experience is defined as 14 years of relevant experience.
- Strong Profitable Underwriting management experience.
- IPA underwriting experience.
- 5 years of leadership experience.
- Extensive knowledge of the insurance industry with an emphasis on policy development problem-solving planning market savvy financial planning and risk assessment skills.
- Able to leverage data and using analytical tools including excel and other common analytical and business intelligence reporting tools.
- Able to demonstrate a strong working knowledge of key financial metrics and concepts and the ability to effectively partner with actuarial to continuously challenge and evolve underwriting and analytic tools.
- Able to demonstrate strong leadership and managerial experience.
- Proven track record of coaching mentoring and providing career development direction to direct reports.
- Experience driving effective team behaviors to ensure optimal outcomes.
- Ability to look for opportunities to drive change and challenge the status quo to improve organization.
- To qualify all applicants must be authorized to work in the United States and must not require now or in the future VISA sponsorship for employment purposes.
Our Culture
IAT 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.
At IAT were committed to driving and building an open and supportive culture for all. Our employees propel IAT forward driving innovation stable partnerships and growth. Thats why we continue to build an engaging workplace culture to attract and retain the best talent.
We offer comprehensive benefits like:
- 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
All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.
Compensation:
Please note that the annual gross salary range associated with this posting is $105000 to $222000. This range represents the anticipated low and high end of the base salary for this position. Actual salaries will vary based on factors such as a candidates 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.