Assistant Vice President of Underwriting

IAT Insurance Group; Raleigh (NC); Hybrid; USD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking an Assistant Vice President of Underwriting to lead their Moving and Storage Underwriting team. This role demands a seasoned professional with extensive experience in commercial lines, particularly in Commercial Trucking. The ideal candidate will demonstrate strong leadership, risk assessment capabilities, and a knack for strategic execution. With a hybrid work schedule, this position offers the chance to collaborate closely with colleagues while also allowing flexibility. Join a company that values inclusion, diversity, and employee engagement, and be part of a culture that drives innovation and growth.

Benefits

26 PTO Days + 12 Company Holidays

Healthcare and Wellness Programs

Performance-based Bonuses

7% 401(k) Company Match

College Loan Assistance

Educational Assistance Program

Dress for Your Day Policy

Qualifications

• 7+ years of underwriting experience in commercial lines.
• Strong leadership and managerial experience required.
• Ability to leverage data and analytical tools.

Responsibilities

• Lead a team of underwriters to manage and grow a profitable book of business.
• Hire and develop underwriters, providing coaching and feedback.
• Monitor book performance and adjust strategies as necessary.

Skills

Underwriting Experience

Leadership Skills

Risk Assessment

Commercial Trucking Knowledge

Analytical Skills

Communication Skills

Education

Bachelor's Degree

Equivalent Experience

Tools

Excel

Business Intelligence Tools

Job description

IAT Insurance Group, TransGuard has an immediate opening for an Assistant Vice President of Underwriting to join our Moving and Storage Underwriting team. The TransGuard Insurance Company has long been a leader in this space.

This role partners with colleagues in other regions to set and execute underwriting, product, pricing, and distribution strategies to profitably grow the moving and storage book of business. The ideal candidate will have at least seven years of underwriting experience in commercial lines, including Commercial Truck, and the ability to demonstrate strong leadership capabilities, risk selection, and exposure analysis. Additional experience underwriting General Liability, Inland Marine, Property, Crime, and / or Umbrella is welcomed.

This position offers a hybrid schedule from IAT's Alpharetta, GA, or Raleigh, NC location. 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 :

• Lead a Team of 4-8 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 Underwriting, 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.
• Participate on cross-functional projects.

Qualifications : Must Have :

• Bachelors' degree and at least seven years of related underwriting experience or equivalent.
• Equivalent experience is defined as eleven plus years of relevant experience.
• Experience within Commercial Trucking or Commercial Auto is a must.
• Extensive knowledge of the commercial insurance industry with an emphasis on policy development, problem-solving, planning, market savvy, financial planning, and risk assessment skills.
• Superior written and oral communication 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.
• Demonstrates high self-awareness-seeks and embraces candid feedback with resiliency.
• Ability to translate vision into concrete business plans and strategies.
• 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.
• Proven track record of taking appropriate risks and uses failure as a learning opportunity.
• 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.

Preferred to Have :

• Experience leading a team of at least four individuals.

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 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 additional Discretionary Retirement Contribution
• College Loan Assistance Support Plan
• Educational Assistance 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.