Production Aviation Underwriting Specialist

IAT Insurance Group; Scottsdale (AZ); Hybrid; USD 59,000 - 153,000; Full time

Benefits offered by this job

Hybrid work environment

401(k) company match

Profit sharing

Educational assistance

Mentorship program

Dress for Your Day Policy

Job summary

IAT Insurance Group’s Aviation team seeks an Aviation Underwriting Specialist with 5+ years in commercial aviation and general liability underwriting. This role may be based in multiple U.S. locations with remote options for the right candidate.

The position combines file analysis, premium setting, and contract interpretation, with travel up to 25% and a hybrid schedule. Strong communication and risk modeling skills are essential.

Qualifications

• Bachelor's degree with 5+ years underwriting experience in commercial insurance or equivalent.
• Equivalent is defined as 9+ years of risk management experience.
• Ability to apply loss development and advanced loss analysis to price risk.
• Creatively utilize coverage features, deductibles or reinsurance to meet objectives.
• Strong math, verbal/written communication, interpersonal and negotiating skills.
• Proficient with computer programs and spreadsheets.
• Authorized to work in the United States without VISA sponsorship.

Responsibilities

• Review underwriting files to accept new business or renew with authority.
• Analyze documents to verify exposure and minimize risk using data sources.
• Determine account premiums within approved plans and authority limits.
• Interpret contracts/policies to identify exposures and provide guidance.
• Clarify coverage with Claims Department and external partners.
• Market to agencies to generate new business flow.
• Travel up to 25% and support agency visits.

Skills

Loss development concepts

Advanced loss analysis

Mathematical aptitude

Verbal and written communication

Negotiation skills

PC literacy

Education

Bachelor's degree in any field with 5+ years underwriting experience

Equivalent is 9 years of risk management experience

Job description

IAT Insurance Group’s Aviation team has an immediate opening for an Aviation Underwriting Specialist. This position may be based in Scottsdale, AZ; Anaheim, CA; Pasadena, CA; Alpharetta, GA; Naperville, IL; Rolling Meadows, IL; Jersey City, NJ; Newark, NJ; Williamsville, NY; or Plano, TX. For the right candidate, remote work will also be considered.

In this role, you will be tasked with evaluating significant and unique situations while weighing data and intangibles by maintaining and building relationships in the commercial aviation and general liability space. The ideal candidate will have at least five years of underwriting experience building their own book of business in commercial aviation and general liability space. Candidates with significant experience will be considered for an Underwriting Director level role.

This role works a hybrid schedule that requires working from the office Monday through Wednesday, with the option of working Thursday and Friday remotely.

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 the 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 the company’s position in annual visits to assigned agencies consistent with experience.
• Ability to travel up to 25%
• Perform other tasks as needed.

Qualifications

Must-Have:

• Bachelors’ degree, with at least 5 years relevant experience in commercial Insurance or equivalent
• Equivalent is defined as having at least 9 years of risk management experience.
• Must possess the ability to appropriately apply loss development and advanced loss analysis concepts to achieve optimal pricing of a risk.
• Must be able 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.

Prefer to Have:

• Aviation underwriting experience.
• Aviation commercial general liability experience and a deep understanding of exposure within this space.
• CAIP, CPCU, ARM, or AU industry designations.
• INS21, 22, and 23 or equivalent is a plus.

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.

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 $58,900 – $153,200. 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