Underwriter, Workers Compensation

Ascot Group • Dallas, TX

4d • Hybrid

About The Position

This is an opportunity to join Ascot Group, a leading specialty risk underwriting organization. Ascot operates as a modern-era company with interconnected global platforms, united by a common mission. The company values a talented team that thrives in a collaborative, inclusive, and entrepreneurial culture, emphasizing underwriting excellence, integrity, and innovation. The Ascot Way guides the organization's approach, encouraging collaboration across underwriting platforms for creative capital deployment through client-centric, risk-centric, and technology-centric strategies. Ascot is built for resilience, offering clients financial security and bespoke products with world-class service. The company is integrating artificial intelligence (AI) and automation to enhance decision-making, efficiency, and outcomes, and expects employees to work confidently with AI tools, apply sound judgment, and adapt to evolving technology. Curiosity, critical thinking, and a willingness to embrace change are highly valued.

Ascot’s Workers Compensation business unit is seeking a motivated Underwriter to support the profitable growth and management of its Workers Compensation portfolio. This role involves disciplined risk selection, underwriting analysis, and fostering strong agency partnerships. The Underwriter will evaluate new and renewal business submissions, assess risk quality, determine appropriate pricing and coverage terms, and manage an assigned book of business in accordance with underwriting guidelines and authority levels. This is an in-office position with a hybrid work schedule.

Requirements

• A minimum of 2 years of relevant workers’ compensation underwriting experience.
• Bachelor's degree or equivalent years of experience required.
• Strong collaborative skills and ability to thrive in a fast-paced, entrepreneurial environment.
• Strong organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously.
• Commitment to provide superior service to customers and clients.
• 10 – 15 % travel in designated region, typically day travel with limited overnight trips.
• Must be positive, self-motivated, and possess strong interpersonal and communication skills.
• Highly customer-centric both internally and externally.
• Proficient in Microsoft Office applications.

Nice To Haves

• This role can be filled at a different level, depending on experience.

Responsibilities

• Evaluate new and renewal Workers Compensation submissions and determine acceptability within established underwriting guidelines.
• Analyze exposure information, payroll classifications, experience modifications, loss runs, financial statements, and operational details.
• Assess account-specific hazards, safety programs, return-to-work programs, and employer risk management practices.
• Review OSHA history, claim frequency and severity trends, and other risk indicators impacting underwriting decisions.
• Determine appropriate pricing, coverage terms, conditions, and endorsements.
• Exercise underwriting authority to quote, bind, modify, decline, or refer accounts as required.
• Manage an assigned book of business to achieve growth, retention, rate, and profitability objectives.
• Monitor portfolio performance, loss ratio trends, concentration risks, and industry exposures.
• Identify opportunities for remediation, rate adequacy improvements, and profitable growth.
• Participate in renewal strategy development for key accounts.
• Develop and maintain productive relationships with agency and broker partners.
• Conduct agency visits, virtual meetings, and marketing activities to drive submission flow and business development.
• Communicate underwriting appetite, guidelines, and product capabilities effectively.
• Provide responsive service and underwriting support to distribution partners.
• Partner with Claims, Risk Engineering, Actuarial, Operations, and Product Management teams to support underwriting objectives.
• Participate in account reviews, referral discussions, and portfolio management meetings.
• Support underwriting initiatives, process improvements, and digital transformation efforts.
• Embody The Ascot Way in daily interactions, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.
• Maintain complete underwriting files and documentation supporting decisions.
• Ensure compliance with underwriting guidelines, regulatory requirements, and corporate policies.
• Maintain underwriting authority standards and referral protocols.

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)
• 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)
• Contributory Savings Plan (401k)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree