Senior Commercial Truck Underwriter (Non-Fleet)

Naperville, IL - USA

Monthly Salary: $ 63270 - 137880

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

IAT Insurance Group has an immediate opening for a Senior Underwriter within the Commercial Truck Team to support our non-fleet segment. The ideal candidate will have at least five years of risk assessment experience related to commercial auto underwriting.

This role will work a hybrid schedule out of our Naperville Illinois location. The hybrid schedule requires working from the office Monday through Wednesday with the option of working remotely on Thursday and Friday. Occasional travel is required.

Responsibilities:

Evaluate assess price and recommend handling of accounts beyond the agents granted authority and if necessary present the account in collaboration to obtain the authority to approve that specific account.
Manage evaluate analyze and assess the book of new and renewal business making recommendations as to pricing acceptability coverage considerations cancellations non-renewals etc. to maximize profitability. This involves interpreting trending and developing loss information from prior carriers analyzing financial information and preparing governmental and industry reports specifically for each account.
Travel as needed to work with assigned agents to evaluate submission flow evaluate account acceptability and assure the overall profitability of each assigned agents and wholesalers.
Calls corresponds and meets with the assigned agency partners in a manner that maintains open communication for holistic agency management.
Provides outstanding customer service.
Builds effective working relationships with assigned agency personnel as well as internal company staff.
Drives acceptable levels of new business opportunities through effective marketing to assigned agents.
Effectively communicates with assigned agents the appropriate level of information to ensure understanding of company direction.
Perform other tasks as needed.

Qualifications:
Must Have:

Bachelors degree and atleast five years of commercial auto underwriting experience or equivalent.
Equivalent is defined as nine years of relevant experience.

Experience with marketing and managing agents within a defined territory
Knowledge of the transportation/Class 8 trucking insurance industry greatly preferred but we will consider individuals with commercial auto experience outside of trucking.

Must possess the ability to creatively utilize coverage features deductibles or reinsurance on individual risks to achieve company objectives.
Ability to market to agents via phone
Requires strong math aptitude excellent verbal and written communication interpersonal and negotiating skills.
Must possess knowledge of various computer programs internet-based programs PC literate and working with spreadsheets.
To qualify applicants must be authorized to work in the United States and must not require VISA sponsorship now or in the future for employment purposes.

Preferred to Have:

Knowledge/underwriting experience in transportation/Class A trucking insurance Industry.
CPCU ARM or AU industry designations.
INS21 22 and 23 or equivalent.

Our Culture
IAT is the largest private family- owned property and casualty insurer in the U.S.InsuranceAnswersTogetheris 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. Its about far more than being a workplace.

At IAT our fundamental belief is to a create a culture where all employees are heard and have a sense of belonging. Inclusion and Diversity are not just initiatives its how we live. Were committed to driving and building an open and supportive culture. By embracing the uniqueness of our employees investing in their development listening to and engaging their ideas we are stronger as an 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
Healthcare and Wellness Programs
Opportunity to earn performance-based bonuses
7% 401(k) Company Match and additionalDiscretionary Retirement Contribution
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 $63270 $137880. 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.

To view details of our full benefits please visit Experience:

Senior IC

Evaluate assess price and recommend handling of accounts beyond the agents granted authority and if necessary present the account in collaboration to obtain the authority to approve that specific account.
Manage evaluate analyze and assess the book of new and renewal business making recommendations as to pricing acceptability coverage considerations cancellations non-renewals etc. to maximize profitability. This involves interpreting trending and developing loss information from prior carriers analyzing financial information and preparing governmental and industry reports specifically for each account.
Travel as needed to work with assigned agents to evaluate submission flow evaluate account acceptability and assure the overall profitability of each assigned agents and wholesalers.
Calls corresponds and meets with the assigned agency partners in a manner that maintains open communication for holistic agency management.
Provides outstanding customer service.
Builds effective working relationships with assigned agency personnel as well as internal company staff.
Drives acceptable levels of new business opportunities through effective marketing to assigned agents.
Effectively communicates with assigned agents the appropriate level of information to ensure understanding of company direction.
Perform other tasks as needed.

Qualifications:
Must Have:

Bachelors degree and atleast five years of commercial auto underwriting experience or equivalent.
Equivalent is defined as nine years of relevant experience.

Experience with marketing and managing agents within a defined territory
Knowledge of the transportation/Class 8 trucking insurance industry greatly preferred but we will consider individuals with commercial auto experience outside of trucking.

Must possess the ability to creatively utilize coverage features deductibles or reinsurance on individual risks to achieve company objectives.
Ability to market to agents via phone
Requires strong math aptitude excellent verbal and written communication interpersonal and negotiating skills.
Must possess knowledge of various computer programs internet-based programs PC literate and working with spreadsheets.
To qualify applicants must be authorized to work in the United States and must not require VISA sponsorship now or in the future for employment purposes.

Preferred to Have:

Knowledge/underwriting experience in transportation/Class A trucking insurance Industry.
CPCU ARM or AU industry designations.
INS21 22 and 23 or equivalent.