Senior Underwriter, Inland Marine

Ascot Group; Denver (CO); On-site; USD 145,000 - 160,000; Full time

Benefits offered by this job

Health insurance

401(k) retirement plan

Paid Time Off

Job summary

Ascot Group, located in Denver, Colorado, is seeking an Underwriting Specialist for Inland Marine. The ideal candidate will have a minimum of 6 years of experience in underwriting Inland Marine insurance products, with strong communication, marketing, and negotiation skills. Responsibilities include managing a portfolio to achieve profitability and maintaining relationships with brokers and producers. This role offers a competitive salary ranging from $145,000 to $160,000, along with a comprehensive benefits package including health and retirement benefits.

Qualifications

• Minimum of 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 the appetite developed by the team.
• Select risks and recommend program structure and pricing.
• Maintain business relationships to develop new opportunities.
• Review engineering information to assess risk quality.
• Manage assigned portfolio to achieve profitability and retention goals.

Skills

Underwriting Inland Marine insurance

Marketing and negotiation skills

Communication skills

Interpersonal skills

Time management

Collaboration skills

Education

Bachelor’s Degree

Job description

Job Description

This is an opportunity to join Ascot Group – one of the world’s preeminent specialty risk underwriting organizations. Designed as a modern‑era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way – the Ascot Way. The Ascot Way guides our people and the organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross‑product and cross‑platform approach. Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world‑class service – pre‑ and post‑claims. Ascot exists to solve for our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.

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, results‑oriented, with solid business and [...]

Responsibilities

• Responsible for underwriting Inland Marine within the appetite developed by our team.
• Independently select risks, evaluate, and recommend program structure, services, and pricing to achieve a balanced portfolio and long‑term profitability.
• Establish and maintain business relationships to develop new opportunities as well as visit insureds and brokers/ producers to retain existing accounts in support of the producer and territory management plan.
• Independently review engineering information to assess risk quality and compliance within company guidelines and initiate appropriate loss prevention actions.
• Adhere to CAT guidelines and underwriting discipline to minimize exposure and appropriately price.
• Manage assigned portfolio to achieve gross written premium, profitability, rate, retention, product mix, new business and portfolio management goals.
• Evaluate reinsurance requirements and implement appropriate action.
• Communicate and collaborate across disciplines to establish and maintain relationships to achieve organizational and policyholder success.
• Share underwriting expertise with underwriters at all levels.
• Commit to The Ascot Way: embody The Ascot Way in daily interactions 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.
• Ability to effectively interact with all levels of customers and collaborate with a team of underwriters, claims, and loss control.
• Proven marketing and negotiation skills.
• Strong communication, interpersonal, and time‑management skills.
• Highly collaborative.
• Bachelor’s Degree.

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 an 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).
• 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).
• Retirement Benefits: Contributory Savings Plan (401k).