Underwriter I - Inland Marine

IFG Companies•Scottsdale, AZ

3h•$100,000 - $150,000•Hybrid

About The Position

The Underwriter I – Inland Marine develops, manages, and maintains a profitable Inland Marine book of business for IFG Companies. The role builds relationships with wholesale producers to generate favorable submissions and profitable long-term results. It evaluates and prioritizes new and renewal submissions, prepares quotes for acceptable risks, follows underwriting guidelines, and operates within the role’s Letter of Authority or refers business for higher approval. The underwriter uses company tools—including rating matrices, predictive analytics, crime and credit scores, and other third-party data—to support risk selection, evaluation, quoting, and binding using approved forms. The position is hybrid. Employees residing within a one-hour commuting distance are expected to work in an IFG Companies office at least three days per week. The role involves an office environment with minimal physical exertion, prolonged sitting, extensive computer use, interaction with others in person and by phone, and travel when required to meet business needs. The listed salary range is $100,000 to $150,000, with possible eligibility for incentive compensation.

Requirements

Bachelor’s degree from an accredited U.S. college or university, with a major or coursework in insurance, risk management, economics, actuarial science, or a related field.
At least four years of Inland Marine underwriting experience, preferably with a U.S. commercial insurer, and sound knowledge of Inland Marine underwriting coverages.
Knowledge of Inland Marine classes, classifications, pricing, and coverage options, with adherence to statutory compliance requirements and corporate guidelines.
Ability to manage a portfolio with appropriate overall limits, attachment points, and diversification.
General knowledge of the wholesale producer distribution system.
Ability to analyze data and make well-informed, calculated risk decisions.
Strong problem-solving, reasoning, and decision-making skills.
Excellent written and oral communication skills.
Excellent analytical and organizational skills, with attention to detail.
Ability to plan, organize, prioritize, and manage multiple tasks while meeting deadlines.
Team-oriented approach, energetic personality, and strong interpersonal skills.
Strong computer skills and ability to learn proprietary systems.
Ability and willingness to work in an IFG Companies office at least three days per week if residing within a one-hour commuting distance.
Ability and willingness to travel when required to meet business needs.

Nice To Haves

CPCU or another relevant insurance-related designation.

Responsibilities

Meet and work with producers in assigned territories to encourage high-quality submission opportunities.
Identify and select suitable submissions for quoting, using submission prioritization tools that incorporate predictive analytics, loss history, and third-party data.
Determine pricing, structure, and coverage terms using rating tools, underwriting guidelines, and appetite guidance.
Communicate with producers about IFG Companies’ product offerings and promote the company’s brand.
Support marketing efforts by sharing feedback about competitors, products, and the marketplace.
Seek or provide referral counsel with other underwriters, the unit head, or Corporate Underwriting on risk acceptance or declination, pricing, and terms.
Monitor the performance of newly underwritten business and the in-force book, determining appropriate renewal, pricing, non-renewal, or coverage-term actions.
Prepare renewal quotes sufficiently ahead of renewal dates and communicate expected renewals, non-renewals, or changes in terms to producers.
Understand regulatory and contractual considerations for contingent renewals and non-renewals, comply with state regulations, and consult Compliance as needed.
Meet production, marketing, and profitability goals for the book of business.
Keep informed about industry, competitor, and claims trends that may affect risk attractiveness.
Develop subject-matter expertise in classes of business within IFG Companies’ underwriting appetite.
Travel regularly as needed to meet assigned producers and build relationships and awareness of the company’s offerings and appetite.
Collaborate with team members on underwriting and marketing matters.
Train new underwriting hires and coach or mentor less experienced underwriters and support staff.
Perform other duties as requested.