Senior Inland Marine & Property Underwriter

Arizona Small Business Association - ASBA; Scottsdale (AZ); Hybrid; USD 120,000 - 180,000; Full time

Benefits offered by this job

PTO 38 days (26 + 12)

401(k) company match + profit sharing

Hybrid work environment

Training and development opportunities

Healthcare and wellness programs

Performance-based bonuses

College loan assistance

Educational assistance program

Mentorship program

Dress for your day policy

Job summary

Arizona Small Business Association - ASBA seeks a Senior Inland Marine & Property Production Underwriter in Scottsdale, AZ. The role focuses on maintaining a current book while expanding our west footprint, with a hybrid schedule: in-office Mon-Wed and optional remote Thu-Fri.

The position requires strong underwriting expertise, agency relations, and pricing acumen, along with relevant risk and regulatory knowledge to support coverage decisions and collaborations across teams.

Qualifications

• Requires a Bachelor's degree in a related field and 4+ years of commercial underwriting experience, or 6+ years in lieu of degree.
• Strong knowledge of the insurance industry and ability to price risk.
• Ability to build relationships with agents, brokers and junior underwriters.
• Experience applying loss development and advanced loss analysis to pricing.
• Familiarity with coverage features, deductibles, and reinsurance to meet company objectives.
• Regulatory awareness in relevant territories and authorization to work in the United States.

Responsibilities

• Market to assigned agencies to generate new business flow.
• Review underwriting files to accept new business or renewals within authority.
• Assess exposure and minimize risk using data and external information.
• Determine account premiums within policy guidelines and authority.
• Interpret contracts to clarify exposures and provide guidance to Claims.
• Support agency activity and provide position updates during visits.

Skills

Underwriting

Risk assessment

Agency relations

Loss development

Pricing strategy

Education

Bachelor's degree in Risk Management/Finance/Mathematics/Business

6 years underwriting experience (equivalent)

CPCU, ARM, AU

INS21, INS22, INS23

Job description

The Inland Marine Business Unit within IAT Insurance Group has an immediate opening for a Senior Inland Marine & Property Production Underwriter from our Scottsdale, Arizona location. This role will be tasked with maintaining a current book of business while helping to expand our current footprint in the west. 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

• Market to assigned agencies to achieve acceptable new business flow.
• 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.
• 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

• Bachelors' degree in Risk Management, Finance, Mathematics, Business or related with at least 4 years-experience in commercial underwriting or equivalent.
• Equivalent is defined as 6 years of relevant commercial underwriting experience.
• Thorough knowledge of Insurance Industry.
• An aptitude for building rewarding relationships with agents and brokers, peer underwriters, account analysts and junior underwriters.
• 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.
• Thorough knowledge of commercial insurance products, underwriting, risk selection, pricing and marketplaces, as well as regulatory issues in relevant territories.
• 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.
• INS21, 22 and 23.
• Loss control/risk engineering Skills.

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. 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. 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

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