Underwriter Inland Marine & Property
Job Location:
Rolling Meadows, IL - USA
Monthly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
- Review and analyze underwriting files using judgment and experience as primary criteria to accept new business or continue renewals within established authority level
- Review and analyze all documents within or associated with the underwriting file to establish accuracy in identification and minimizing risk of exposure utilizing change requests claim information loss control and outside databases to identify changes in exposure to risk
- Review evaluate and determine account premium levels using sound judgment consistent with established company premium modification plans within authority limits
- Read evaluate and interpret contracts and policies to determine exposures providing guidance and clarification to others consistent with experience
- Provide clarification and verification of coverage to the Claims Department consistent with experience
- Market to assigned agencies to achieve acceptable new business flow
- Assess agency activity; provide clarification to agency personnel about companys position in annual visits to assigned agencies consistent with experience
- Perform other tasks as needed
- Bachelors degree in Risk Management Finance Business Economics or a related field or equivalent combination of education and relevant experience
- 2 years of inland marine and/or property underwriting experience
- Solid understanding of the insurance marketplace including pricing and competitive positioning
- Proven ability to build and maintain broker relationships that drive new and renewal business
- Experience managing a book of business while contributing to growth
- Strong skills in pricing risk selection and deal structuring
- Working knowledge of industry trends products and the broader competitive landscape
- 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
- Industry designations CPCU ARM or AU
- INS21 22 and 23
- Exposure to loss control or risk engineering
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 $55200 $133700. 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 Insurance Group 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.
About Company
IAT Insurance Group provides specialty property casualty insurance solutions for both businesses and individuals.
