Underwriter I

Marsh McLennan•Broomfield, CO
•Hybrid

About The Position

ICAT, part of Victor and Marsh’s risk business, is seeking an Underwriter I for its underwriting team in Broomfield, Colorado. This hybrid role requires at least three days per week in the office. The underwriter will evaluate and underwrite property insurance for complex and diverse middle-market accounts, focusing on renewal business and endorsements. The role works closely with brokers, risk engineers, and clients to analyze risk exposures, review engineering reports, and develop tailored insurance solutions. The position uses technical expertise and market knowledge to assess risk, determine coverage terms, and support profitable portfolio growth while following company guidelines and industry standards. It also contributes to annual team and department production goals within required risk metrics, and builds strong relationships with broker partners. ICAT is a Broomfield-based property insurer specializing in coverage for homeowners and businesses in hurricane- and earthquake-exposed regions of the United States. It emphasizes specialized underwriting and claims expertise, personalized service, and a technology-oriented approach.

Requirements

  • High school diploma or equivalent.
  • At least one year of progressive property insurance underwriting experience.
  • Strong mathematical and analytical aptitude and demonstrated critical-thinking skills.
  • Underwriting, sales, and agency management skills.
  • Proficiency in Microsoft Office, particularly Microsoft Excel.

Nice To Haves

  • Experience in insurance, business, or a related field; equivalent work experience may be considered.
  • Two or more years of progressive underwriting experience with agency management experience in the insurance industry.
  • Strong verbal and written communication skills, including formal and informal presentation skills.
  • Strong interpersonal skills for interacting with team members.

Responsibilities

  • Evaluate and underwrite property insurance for complex and diverse middle-market accounts, focusing on renewals and endorsements.
  • Assess risk and determine appropriate coverage terms using technical expertise and market knowledge.
  • Support profitable portfolio growth while ensuring compliance with company guidelines and industry standards.
  • Achieve annual production goals set for the team and department within required risk metrics.
  • Analyze and interpret engineering reports, incorporating technical risks and exposures into underwriting decisions and pricing.
  • Develop and maintain strong relationships with broker partners.
  • Work with brokers, risk engineers, and clients to analyze risk exposures and develop tailored insurance solutions.

Benefits

  • Professional development opportunities.
  • Health and welfare benefits.
  • Tuition assistance.
  • 401(k) savings and other retirement programs.
  • Employee assistance programs.
  • Performance-based incentives may be available.
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