Excess Casualty Underwriting Specialist

IAT Insurance Group; Norristown (Montgomery County); Hybrid; USD 72,560 - 157,950; Full time

Benefits offered by this job

Hybrid work environment

26 PTO Days + 12 Holidays

7% 401(k) company match

Profit sharing opportunities

Educational Assistance Program

Mentorship Program

Healthcare and Wellness Programs

Bonuses depending on performance

College Loan Assistance

Dress for Your Day Policy

Job summary

IAT Insurance Group is seeking an Excess Casualty Wholesale Underwriter to balance speed to market with pricing expertise for excess casualty through our wholesale partners. The role supports agency relationships and profitable book growth across Central US offices, with hybrid in-office and remote options.

Travel may be required, and background in wholesale surplus lines is a plus. Ideal candidates have eight or more years of commercial insurance experience, knowledge of Excess and Surplus

Qualifications

• Bachelor’s degree and at least eight years of relevant experience.
• Equivalent experience: twelve years in commercial insurance.
• Knowledge of Excess and Surplus is required.
• Ability to apply loss development and advanced loss analysis concepts to pricing.
• Creative use of coverage features, deductibles, or reinsurance on risks.
• Agency Management is a must.
• Strong math, verbal and written communication, interpersonal and negotiating skills.
• Knowledge of PC and internet-based programs; spreadsheet literacy.
• Authorized to work in the United States without VISA sponsorship.
• Preferred: Wholesale surplus lines experience.
• Preferred: CPCU, ARM, AU designations.
• Preferred: INS21, 22, and 23 or equivalent.
• Preferred: Eight or more years in commercial insurance.

Responsibilities

• Underwrite and produce profitable business within the authority granted.
• Maintain agency relationships and develop new ones within company goals.
• Adhere to underwriting guidelines, processes, tools, and regulatory requirements.
• Evaluate information from applications, websites, loss data, and third-party data.
• Express information clearly through speech, writing and electronic means.
• Demonstrate understanding of products and services.
• Provide prompt responses to internal and external customers.
• Engage with distribution to market capabilities and identify new opportunities.
• Focus on goals and outcomes.
• Leverage metrics and data to improve territory performance.
• Understand market trends and competitors.
• Perform other tasks as needed.

Skills

Underwriting

Relationship management

Pricing analysis

Communication

Negotiation

Mathematical aptitude

Industry knowledge

Education

Bachelor’s degree or equivalent

CPCU/ARM/AU preferred

Tools

Agency management systems

Job description

Location

• Raleigh, North Carolina
• Naperville, Illinois
• Rolling Meadows, Illinois
• Overland Park, Kansas
• Kansas City, Missouri
• Spring, Texas
• Plano, Texas
• Cheshire, Connecticut
• Jersey City, New Jersey
• Newark, New Jersey
• Norristown, Pennsylvania
• Virginia Beach, Virginia
• Alpharetta, Georgia
• Birmingham, Alabama
• Sarasota, Florida
• Orlando, Florida
• St. Petersburg, Florida

We are excited to announce that the Excess Casualty Market team within IAT Insurance Group has an immediate opening for an Excess Casualty Wholesale Underwriter.

Successful candidates will provide the right balance of speed to market coupled with coverage and pricing expertise on excess casualty when working with our wholesale partners.

Priority consideration for individuals with a proven and profitable track record with wholesale brokers building a book of middle‑market accounts (over $40,000) with low frequency and moderate severity exposures. We will consider candidates with significantly more than eight years’ experience.

This position can work from IAT’s Office in the Central US. For the right candidate, other IAT locations, including remote, can be considered for highly qualified candidates. 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

• Underwrite and produce profitable business within the authority granted and consistent with company goals.
• Maintain agency relationships, develop new relationships and recognize any need to cease a relationship and contribute where possible to the amicable accomplishment, as necessary.
• Adhere to company underwriting guidelines, processes and tools, an individual grant of authority, and appropriate regulatory and compliance requirements in the risk analysis and underwriting decision‑making process.
• Examine information such as insurance applications, websites, inspection reports, loss information, financial data and third‑party data in evaluating and making appropriate risk/reward decisions.
• Effectively express information and ideas clearly through spoken, written and electronic means.
• Demonstrate and effectively communicate an understanding of products and services.
• Provide prompt & courteous responses to both internal & external customers.
• Actively engage with distribution to market our capabilities, benefits, and features, and identify new opportunities.
• Focus on goals.
• Effectively leverage metrics and data to improve territory performance.
• Understand market/industry issues, trends, and competitors.
• Perform other tasks as needed.

Qualifications

• Bachelor’s degree and at least eight years of relevant experience or the equivalent.
• Equivalent experience is considered twelve years of relevant commercial insurance experience.
• Knowledge of Excess and Surplus is required.
• Must possess the ability to appropriately apply loss development and advanced loss analysis concepts to achieve optimal pricing of risk.
• Must possess the ability to creatively utilize coverage features, deductibles, or reinsurance on individual risks to achieve company objectives.
• Agency Management is a must.
• 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.
• Must be authorized to work in the United States and not require VISA sponsorship, now or in the future.
• Preferred: Wholesale surplus lines experience.
• Preferred: CPCU, ARM, or AU industry designations.
• Preferred: INS21, 22, and 23 or equivalent.
• Preferred: Eight or more years of experience in commercial insurance.

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

Annual gross salary range: $72,560 - $157,950. Actual salaries will vary based on qualifications, skills, competencies, and geographical location. Total compensation includes a base salary, performance‑based bonus opportunities, 401(k) match, profit‑sharing opportunities, and more.

Benefits

To view details of our full benefits, please visit https://www.iatinsurancegroup.com/careers/benefits

• 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