Senior Underwriter Mid-Market (Workers Compensation)

Integrated Specialty Coverages, LLC; Tallahassee (FL); On-site; USD 101,000 - 127,000; Full time

Benefits offered by this job

Employee Ownership Program

Health benefits

401(k) Plan with company match

Work from home reimbursement

Job summary

Integrated Specialty Coverages, LLC is seeking an experienced Workers’ Compensation Underwriter based in Florida to review applications, determine coverage levels and pricing based on risk characteristics, and ensure profitable distribution of risks. You will work within established guidelines, collaborate with producers and underwriting teams, and leverage data and software to price accurately.

The role requires 5–10 years of workers' compensation underwriting experience, a bachelor’s degree

Qualifications

• Bachelor’s degree or 5+ years of related experience.
• Minimum 5-10 years of Workers Compensation underwriting experience.
• Experience underwriting risk for construction, hospitality, real estate, manufacturing.
• CPCU, CIC, CRIS, Property & Casualty licenses a plus.
• Strong customer service experience and ability to collaborate.

Responsibilities

• Adhere to underwriting guidelines and pricing strategies to maintain profitability goals.
• Use level of authority to accept, reject, or mitigate risk for applications.
• Approve or decline insurance applications within limits and prepare referrals for higher-risk cases.
• Review and analyze risk characteristics on applications, renewals, and change requests.
• Ensure underwriting activities comply with regulations.
• Document underwriting files with risk analysis and pricing justification.
• Offer recommendations to clients to reduce exposure to risk.
• Collaborate with producers to achieve production goals.
• Finalize insurance applications efficiently with underwriting team.
• Utilize data sources and underwriting software to verify data and price accurately.
• Provide guidance to customers on insurance needs.

Skills

Bachelor’s degree

5+ years underwriting experience

Workers Compensation underwriting

Team collaboration

Microsoft Office

Education

Bachelor’s degree

Tools

Microsoft Office

Industry software

Job description

About Integrated Specialty Coverages

Integrated Specialty Coverages, LLC (ISC) is a growth stage technology and data-driven commercial MGA and insurance wholesaler leading innovation in the market. Backed by one of the leading private equity firms, Onex Partners, and led by a forward-thinking management team, ISC is combining the worlds of insurance and technology to create an Insurtech powerhouse. As a leading online distributor of insurance products for a range of industries and “Main Street USA”, we are looking for the right people to help us in our mission of achieving exponential growth. We strive to be the number one place to go for brokers and agents to source insurance. To accomplish this, we’re building a digitally focused team that deeply understands the intersection between user experience, data, and AI/ML to optimize the way we engage with our customers and partners.

Job Summary

Review applications for workers compensation insurance and evaluate applications to determine whether to accept or decline coverage based on established underwriting guidelines. Determine the level of coverage to be offered and appropriate pricing based on the exposures presented and individual risk characteristics. Assess excessive risks and determine value of policy to ensure safe and profitable distribution of risks. Become familiar with various commercial insurance applications and industry terminology. This Underwriter will need to reside in the State of Florida.

Responsibilities

• Adhere to underwriting guidelines and execute underwriting and pricing strategies to maintain profitability goals.
• Use level of authority to accept, reject, or mitigate risk for applications.
• Approve or decline insurance applications within certain limits and issue coverage and prepare referral submission for risks exceeding individual authority.
• Review and analyze risk characteristics on insurance applications, renewals, and change requests.
• Ensure that underwriting activities comply with all industry and government regulations.
• Documentation of Underwriting files including risk analysis and pricing justification in accordance with established underwriting standards.
• Offer recommendations to clients on insurance applications to reduce exposure to excessive risk.
• Utilize underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages.
• Cultivate relationships with assigned producers to achieve production goals.
• Collaborate closely with the underwriting team to finalize insurance applications efficiently.
• Utilize multiple databases to gather and verify supplementary data for submissions and leverage specialized software to compare risks ensuring accurate policy pricing.
• Respond to customer needs, providing guidance and assistance tailored to their insurance needs.
• Process accounts from approved quotes through to policy issuance with accuracy and efficiency.
• Recommend ideas for program development and process improvement.
• Assist in the development of the Underwriting team through sharing knowledge and market intelligence, collaboration, and mentoring relationships.

Minimum Qualifications

• Bachelor’s degree required or 5+ years of related experience.
• Minimum 5-10 years of Workers Compensation underwriting or related insurance experience required.
• Experience underwriting risk for the following classes: construction, hospitality, real estate, manufacturing.
• CPCU, CIC, CRIS, Property & Casualty Brokers License, etc. a plus.
• Strong customer service experience.
• Proficiency in Microsoft Office Suite and ability to quickly learn industry-specific software.
• Ability to work collaboratively with team members and other departments.
• Strong desire to learn, explore new ideas, and seeking out new knowledge.
• Ability to be flexible, embrace change, and quickly pivot in response to shifting priorities.

National Pay Range

$101,000—$127,000 USD

Benefits

• Employee Ownership Program - every eligible employee shares in the financial rewards that grow when the company grows.
• Professional development opportunities
• Owner Referral Program
• Work from home reimbursement for remote/hybrid roles
• Canary emergency financial assistance program
• Comprehensive medical, dental, vision
• Life/AD&D Insurance
• Confidential, Employee Assistance Program
• Health Savings Account, includes company contribution
• Short-term disability
• Voluntary benefits - supplemental accident, critical illness, hospital insurance
• Employee discounts
• 401(k) Plan with company match contribution
• Addition Wealth Financial Wellness Program
• Various Time Off Programs
• 11 company paid holidays

Employees and Culture

ISC believes in creating long-term relationships by being responsive and relevant and by consistently delivering value to our community of customers. Specifically, we focus on attracting, developing, and retaining the best talent for our business, challenging our people, demonstrating a “can-do” attitude, and fostering a collaborative and mutually supportive environment.

Equal Employment Opportunity

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, gender, gender identity, sexual orientation, marital status, medical condition, genetic information, mental or physical disability, military or veteran status, or any other characteristic protected by local, state, or Federal law.

Eligibility

Must be legally authorized to work in the United States.

Compliance

ISC participates in the Federal E-Verify program.