Underwriter Inland Marine & Property

IAT Insurance Group; Naperville (IL); Hybrid; USD 55,200 - 133,700; Full time

Benefits offered by this job

26 PTO days + 12 company holidays

7% 401(k) company match

Hybrid work environment

Performance-based bonuses

Educational assistance program

Mentorship program

Job summary

IAT Insurance Group is seeking an experienced Inland Marine & Property Underwriter for their Naperville location. This role involves managing an existing portfolio while seeking new business opportunities. The ideal candidate will have at least 2 years of underwriting experience and a strong understanding of the insurance marketplace.

This position follows a hybrid schedule, with in-office work Monday through Wednesday and remote options Thursday and Friday. A comprehensive benefits package and competitive salary ranging from $55,200 to $133,700 are offered.

Qualifications

• Minimum 2 years of inland marine and/or property underwriting experience.
• Strong skills in pricing, risk selection, and deal structuring.
• Solid understanding of the insurance marketplace.

Responsibilities

• Analyze underwriting files to accept new business or renewals.
• Evaluate documents to minimize risk of exposure.
• Determine account premium levels using company guidelines.
• Clarify coverage details to the Claims Department.
• Market to assigned agencies to drive new business.

Skills

Underwriting experience

Risk management

Broker relationship management

Pricing strategy

Industry knowledge

Education

Bachelor's degree in Risk Management or related field

Job description

## Underwriter Inland Marine & PropertyApplylocations: Naperville IL: Rolling Meadows ILtime type: Full timeposted on: Posted 2 Days Agojob requisition id: JR100334IAT Insurance Group has an immediate opening for an **Inland Marine & Property Underwriter** from our **Naperville or Rolling Meadows, Illinois** location.We’re looking for someone who’s ready to play a meaningful role in expanding our presence across the region. You’ll manage an existing portfolio while actively building new business, helping grow our footprint in a region that’s a key focus for us. This is a role for someone who wants to make an impact, not just maintain the status quo.This isn’t a behind-the-scenes role. It’s visible, collaborative, and growth focused. This position follows a hybrid schedule: in the office Monday through Wednesday, with the option to work remotely on Thursday and Friday.## **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 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 company’s position in annual visits to assigned agencies consistent with experience* Perform other tasks as needed## **Qualifications:**### **Must-Have:*** Bachelor’s degree in Risk Management, Finance, Business, Economics, or a related field, or equivalent combination of education and relevant experience* 2+ years of inland marine and/or property underwriting experience* Solid understanding of the insurance marketplace, including pricing and competitive positioning* Proven ability to build and maintain broker relationships that drive new and renewal business* Experience managing a book of business while contributing to growth* Strong skills in pricing, risk selection, and deal structuring* Working knowledge of industry trends, products, and the broader competitive landscape* 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:*** Industry designations CPCU, ARM, or AU* INS21, 22 and 23* Exposure to loss control or risk engineeringAll 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:Please note, that the annual gross salary range associated with this posting is $55,200 – $133,700. 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/benefitsIAT 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 PolicyAll 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.