Underwriter Inland Marine & Property

IAT Insurance Group; Rolling Meadows (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

Healthcare and Wellness Programs

Job summary

IAT Insurance Group is seeking an Inland Marine & Property Underwriter to join their team in Rolling Meadows, Illinois. The successful candidate will manage an existing portfolio while actively pursuing new business opportunities. This collaborative role offers a hybrid work schedule, combining in-office and remote work.

The ideal candidate will hold a bachelor's degree and have experience in underwriting, along with a strong grasp of the insurance marketplace. Benefits include 26 PTO days, a 401(k) match, and various training opportunities.

Qualifications

• 2+ years of inland marine and/or property underwriting experience.
• Solid understanding of the insurance marketplace, including pricing.
• Proven ability to build and maintain broker relationships.

Responsibilities

• Review and analyze underwriting files to accept new business.
• Market to assigned agencies to achieve acceptable new business flow.
• Assess agency activity and provide clarification to agency personnel.

Skills

Inland marine underwriting

Property underwriting

Risk assessment

Broker relationship management

Pricing strategies

Knowledge of insurance marketplace

Education

Bachelor’s degree in Risk Management, Finance, Business, or Economics

Job description

IAT 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 engineering

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.

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

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.