Underwriting Director, Excess Casualty

IAT Insurance Group; Scottsdale (AZ); Hybrid; USD 83,000 - 180,000; Full time

Benefits offered by this job

Hybrid work environment

26 PTO Days + holidays

401(k) match and profit sharing

Educational assistance program

Mentorship program

Dress for Your Day Policy

Job summary

IAT Insurance Group in Scottsdale, AZ or Pasadena, CA is seeking an Underwriting Director to lead excess casualty underwriting for the West region, with a focus on profitable growth and strong wholesale partner relationships.

The role requires senior-level expertise in pricing, risk selection, and maintaining agency partnerships; hybrid schedule with in-office Mon-Wed and remote Thu-Fri, and potential West region remote for the right candidate.

Qualifications

• Bachelor’s degree and at least 12 years of relevant experience or 16 years of equivalent experience.
• Knowledge of Excess and Surplus is required.
• Ability to apply loss development and advanced loss analysis concepts for pricing.

Responsibilities

• Underwrite and produce profitable business within authority and company goals.
• Maintain agency relationships and develop new relationships for amicable terminations when necessary.
• Adhere to underwriting guidelines, processes, tools, and regulatory requirements in risk analysis decisions.
• Examine applications, data, and third-party information to evaluate risk and reward.
• Communicate information clearly via spoken and written channels.
• Provide prompt and courteous responses to internal and external customers.
• Engage with distribution to market capabilities and identify new opportunities.
• Leverage metrics and data to improve territory performance.

Skills

Underwriting

Relationship management

Pricing and risk analysis

Communication skills

Team leadership

Negotiation

Education

Bachelor’s degree

16 years of relevant commercial insurance experience

Job description

IAT Insurance Group has an immediate opening for Underwriting Director from our Scottsdale, Arizona or Pasadena, California location.For the right candidate, Western region remote may be considered.

This role focuses on underwriting excess casualty business in the West region, with a strong emphasis on building and managing relationships with wholesale partners. Strong candidates will have experience working in the West Coast market and a track record of developing a profitable middle-market book, particularly accounts with premiums over $40,000 and low frequency, moderate severity exposures. Success in this role requires balancing speed to market with disciplined coverage evaluation and pricing.

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:

• Underwriting:
  • Underwrite and produce profitable business within the authority granted and consistent with company goals.
  • Maintain agency relationships, develop new relationships and recognize without bias any need to cease a relationship and contribute where possible to the amicable accomplishment, as necessary.
  • Adheres to company underwriting guidelines, processes and tools, an individual grant of authority, and appropriate regulatory and compliance requirements in the risk analysis and underwriting decision-making process.
  • Examines information such as insurance applications, websites, inspection reports, loss information, financial data and third-party data in evaluating and making appropriate risk/reward decisions.
• Communication:
  • Effectively express information and ideas clearly through spoken, written and electronic means.
  • Demonstrates and effectively communicates an understanding of products and services.
• Customer Service:
  • Provide prompt & courteous responses to both internal & external customers.
  • Actively engages with distribution to market our capabilities, benefits, and features, and identify new opportunities
  • Focus on Goals
  • Effectively leverages metrics and data to improve territory performance.
  • Understands market/industry issues, trends, and competitors.
• Perform other duties as needed

Qualifications:

Must‑Have:

• Bachelor’s degree and at least 12 years of relevant experience of equivalent
• Equivalent experience is considered 16 years of relevant commercial insurance experience.
• Knowledge of Excess and Surplus is required.
• Must possess the ability to appropriately apply loss development and advanced loss analysis concepts to achieve optimal pricing of risk.
• Must possess the ability to creatively utilize coverage features, deductibles, or reinsurance on individual risks to achieve company objectives.
• Agency Management is a must.
• 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.

Preferred to Have:

• Wholesale surplus lines experience
• CPCU, ARM, or AU industry designations
• INS21, 22, and 23 or equivalent is a plus
• Eight or more years of experience in Commercial Insurance

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

Compensation:

Please note, that the annual gross salary range associated with this posting is $82,960.00- $180,450.00. 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