Underwriter Inland Marine & Property

IAT Insurance Group

Rolling Meadows, ILOn-siteFull time
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Pay
$55.2K to $111.5K
a year
Location
Rolling Meadows, IL
Work style
On-site
Job type
Full time
Posted
Oct 6
13 days ago
Career path

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About the company

IAT Insurance Group

Insurance · 501 to 1,000 employees

IAT Insurance Group is the largest private, family-owned property and casualty insurer in the U.S. I nsurance A nswers T ogether® 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.

IAT Insurance Group on LinkedIn

What you'll do

  • Review underwriting files, evaluate risks and premiums, interpret contracts and policies, and clarify coverage.
  • Market to agencies, build new business, manage renewals, and support agency relationships.

What you need

  • Requires a bachelor’s degree in a related field or equivalent education and relevant experience, plus 2+ years of inland marine and/or property underwriting experience.
  • Applicants must be authorized to work in the United States without current or future visa sponsorship.
  • Education: a bachelor's degree

Key skills

pricingrisk selectiondeal structuringbroker relationshipsinsurance marketplacecompetitive positioningINS21, 22 and 23loss controlrisk engineering

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Perks

  • 26 PTO Days
  • 12 Company Holidays
  • 7% 401(k) Company Match
  • Profit Sharing
  • Healthcare and Wellness Programs
  • performance-based bonuses
  • College Loan Assistance Support Plan
  • Educational Assistance Program

See full description on company page, apply now

Read the full posting here
IAT Insurance Group has an immediate opening for an Inland Marine & Property Underwriter from our Naperville or Rolling Meadows, Illinois location. We’re looking for someone who’s ready to play a meaningful role in expanding our presence across the region. You’ll manage an existing portfolio while actively building new business, helping grow our footprint in a region that’s a key focus for us. This is a role for someone who wants to make an impact, not just maintain the status quo. This isn’t a behind-the-scenes role. It’s visible, collaborative, and growth focused. This position follows a hybrid schedule: in the office Monday through Wednesday, with the option to work remotely on Thursday and Friday. Responsibilities: 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 company’s position in annual visits to assigned agencies consistent with experience Perform other tasks as needed Qualifications: Must-Have: Bachelor’s 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 Preferred to Have: Industry designations CPCU, ARM, or AU INS21, 22 and 23 Exposure to loss control or risk engineering Our Culture IAT Insurance Group is the largest private, family-owned property and casualty insurer in the U.S. I nsurance A nswers T ogether® 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, we’re committed to driving and building an open and supportive culture for all. Our employees propel IAT forward – driving innovation, stable partnerships and growth. That’s 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 Compensation: Please note, that the annual gross salary range associated with this posting is $55,200 – $111,500. 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. To view details of our full benefits, please visit https://www.iatinsurancegroup.com/careers/benefits #LI-hybrid #LI-SD1

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