Underwriting Specialist, Inland Marine

Ascot Group; Chicago (IL); Hybrid; USD 145,000 - 160,000; Full time

Benefits offered by this job

Medical and dental benefits

401k retirement plan

Paid Time Off

Short-term and long-term disability

Job summary

A leading insurance company is seeking an Underwriting Specialist for Inland Marine to drive profitable growth with brokers. The role requires at least 6 years of underwriting experience and strong skills in marketing, negotiation, and communication. You'll manage portfolios, select risks, and develop relationships while adhering to guidelines. The position offers competitive compensation between $145,000 and $160,000 annually, along with comprehensive benefits. Hybrid work options available.

Qualifications

• 6+ years of experience underwriting Inland Marine insurance products.
• Ability to effectively interact with all levels of customers.
• Strong communication, interpersonal, and time management skills.

Responsibilities

• Underwrite Inland Marine within established appetite.
• Select risks and recommend program structure.
• Develop business relationships with brokers and insured clients.
• Review engineering information to assess risk quality.
• Manage assigned portfolio to achieve profitability and premium goals.

Skills

Experience underwriting Inland Marine insurance products

Marketing and negotiation skills

Communication skills

Interpersonal skills

Time management skills

Collaborative attitude

Education

Bachelor’s Degree

Job description

Position Overview

The Underwriting Specialist, Inland Marine will be responsible for driving profitable growth with retail and wholesale brokers. This position will collaborate with the broader Marine team. We are looking for a candidate who is highly motivated, and results-oriented with solid business and

Responsibilities

• Responsible for underwriting Inland Marine within the appetite developed by our team.
• Independently works to appropriately select risks, evaluate, and recommend program structure, services, and pricing to achieve a balanced portfolio and long-term profitability
• Establishes and maintains business relationships to develop new opportunities as well as visits insured and brokers/ producers to retain existing accounts in support of the producer and territory management plan
• Independently reviews engineering information to assess risk quality and compliance within company guidelines and initiates appropriate loss prevention actions
• Adheres to CAT guidelines and underwriting discipline to minimize exposure and appropriately price
• Manages assigned portfolio to achieve gross written premium, profitability, rate, retention, product mix, new business and portfolio management goals
• Evaluates reinsurance requirements and implements appropriate action
• Communicates and collaborates across disciplines to establish and maintain relationships to achieve organizational and policyholder success

Shares underwriting expertise with underwriters at all levels

• Commit to The Ascot Way: Embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.

Requirements

• A minimum of 6 years of experience underwriting Inland Marine insurance products
• Must have the ability to effectively interact with all levels of customers and collaborate with a team of underwriters, claims, and loss control
• Must have proven marketing and negotiation skills
• Strong communication, interpersonal, and time management skills
• Highly collaborative
• Bachelor’s Degree

***This position may be filled at a different level, depending on experience***

Compensation

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus and other forms of discretionary compensation awarded by the Company.

The annualized base pay range for this role is: $145,000 - $160,000.

Company Benefits

The Company provides a competitive benefits package that includes the following (eligibility requirements apply):

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more.

Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state/local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver) and Retirement Benefits: Contributory Savings Plan (401k).

Please be aware that Ascot Group’s job opportunities will be posted on our official careers page. All official communication comes from @ascotgroup.com email addresses, if you receive a job offer or recruitment communication from Ascot Group that you suspect might be fraudulent, do not hesitate to contact us directly to verify its legitimacy. Your privacy and trust are of utmost importance to us, and we strive to ensure that you have a positive experience with Ascot Group.

#LI-Hybrid

Job Info

• Job Identification 937
• Posting Date 04/20/2026, 08:40 PM
• Locations CHICAGO, IL, United States DENVER, CO, United States DALLAS, TX, United States