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Senior Underwriter, Management Liability

IAT Insurance Group
United StatesRemotefull_timeVerifiedPosted 15 Oct 2024

About the role

We are excited to announce that the Management Liability team within IAT Insurance Group has an immediate opening for a Senior Underwriter. This position will partner with wholesalers, retailers, and aggregators to grow a profitable book.

The ideal candidate will have at least five years of private, not-for-profit management liability underwriting experience. We will consider candidates with less experience and significantly more experience. The job title awarded will be based on the knowledge and ability demonstrated throughout the selection process.

This position can work from IAT’s Norristown, PA, Naperville, IL, Newark, NJ, Alpharetta, GA or Plano, TX. Other IAT locations, including remote, can be considered for the right candidate.  The hybrid schedule reflects our values (thinking and acting like an owner, collaboration, and teamwork) as it requires working from the office with colleagues and other disciplines Monday through Wednesday, with the option of working remotely on Thursday and Friday. Occasional travel is required.  
Responsibilities:
  • Review and analyze underwriting files, using judgment and experience as primary criteria, to accept new business or continue renewals within the established authority level.
  • Review and analyze all documents within or associated with the underwriting file to establish accuracy in identification and minimizing the risk of exposure, utilizing change requests, claim information, loss control, and outside databases to identify changes in exposure to risk.
  • 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 team members consistent with experience.
  • Cultivating relationships; while also achieving organizational goals; applying diverse skills and perspectives to achieve common goals; driving engagement and creating a climate where staff are motivated to do their best.
  • Demonstrates the ability to effectively work with diverse backgrounds, beliefs, demographics, experiences, etc., instilling inclusion in the workplace.
    Values people of all different backgrounds, cultures, and demographics contribute to an environment that makes all people feel included as well as experience a sense of belonging and fair treatment. Accepting and respectful of all differences (i.e., cultural, religious, gender, racial, nationality, knowledge, experiences, perspectives, etc.)
  • Market to assigned distributors to achieve acceptable new business flow.
  • Perform other tasks as needed.

Qualifications:
Must Have:
  • Bachelor’s degree in Risk Management, Finance, Business, or similar degree and at least five years of insurance or the equivalent.
  • Equivalent is defined as nine years of experience in P&C Insurance, preferably Management Liability. 
  • Able to demonstrate advanced underwriting experience and knowledge of the Management Liability Industry.
  • Must possess the ability to appropriately apply loss development and advanced loss analysis concepts to achieve optimal pricing of a risk.
  • Must possess the ability to creatively utilize coverage features, deductibles, or reinsurance on individual risks to achieve company objectives.
  • Requires strong math aptitude, excellent verbal and written communication, interpersonal and negotiating skills.
  • Must possess knowledge of various computer programs, internet-based programs, and PC literate in the use of 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:
  • CPCU, ARM, or AU industry designations preferred.

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. It’s 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, it’s how we live. We’re 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 organization. .Our employees propel IAT forward – driving innovation, stable partnerships and growth. That’s why we continue to

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Company

IAT Insurance Group

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