Senior Underwriter, Management Liability

IAT Insurance Group•Plano, TX

2d•$63,270 - $137,880•Hybrid

About The Position

We are excited to announce that the Management Liability team within IAT Insurance Group has an immediate opening for a Senior Underwriter. This position will partner with wholesalers, to grow a profitable private, not-for-profit management liability book. The ideal candidate will have at least five years of private, not-for-profit management liability underwriting experience. We will consider candidates with less experience and significantly more experience. What job title is awarded will based on the knowledge and ability demonstrated during throughout the selection process. This position can work from IAT’s Naperville, IL, Alpharetta, GA or Plano, TX. Other IAT locations, including remote, can be considered for the right candidate. The hybrid requires working from the office Monday through Wednesday, with the option of working remotely on Thursday and Friday. Up to 25% travel is required.

Requirements

Bachelor’s degree in Risk Management, Finance, Business, or similar degree and at least five years of Management Lability insurance experience.
Able to demonstrate advanced underwriting experience and knowledge of the Management Liability Industry.
Must possess strong analytical skills and have advanced knowledge and understanding of financial statements.
Must be able to travel up to 25%
Must possess the ability to appropriately apply loss development and advanced loss analysis concepts to achieve optimal pricing of a risk.
Must possess the ability to creatively utilize coverage features, deductibles, or terms and conditions on individual risks to achieve company objectives.
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.

Nice To Haves

CPCU, ARM, or AU industry designations preferred.

Responsibilities

Review and analyze underwriting files, using judgment and experience as primary criteria, to accept new business or continue renewals within the established authority level.
Review and analyze all documents within or associated with the underwriting file to establish accuracy in identification and minimizing the risk of exposure, utilizing change requests, claim information, loss control, and outside databases to identify changes in exposure to risk.
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 team members consistent with experience.
Cultivating relationships; while also achieving organizational goals; applying diverse skills and perspectives to achieve common goals; driving engagement and creating a climate where staff are motivated to do their best.
Demonstrates the ability to effectively work with diverse backgrounds, beliefs, demographics, experiences, etc., instilling inclusion in the workplace. Values people of all different backgrounds, cultures, and demographics contribute to an environment that makes all people feel included as well as experience a sense of belonging and fair treatment. Accepting and respectful of all differences (i.e., cultural, religious, gender, racial, nationality, knowledge, experiences, perspectives, etc.)
Market to assigned distributors to achieve acceptable new business flow.
Perform other tasks as needed.

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