Underwriting Specialist, Inland Marine

Ascot Group•Chicago, IL

7h•Hybrid

About The Position

This is an opportunity to join Ascot Group, one of the world’s preeminent specialty risk underwriting organizations. Ascot Group is designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, bound by a common mission and purpose: One Ascot. Their 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 their people and organization, with underwriting platforms collaborating to find creative ways to deploy capital in a true cross-product and cross-platform approach through their unique Fusion Model: Client Centric, Risk Centric, Technology Centric. Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world-class service — both pre- and post-claims. Ascot exists to solve for clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline. The Underwriting Specialist, Inland Marine will be responsible for driving profitable growth with retail and wholesale brokers and will collaborate with the broader Marine team. The ideal candidate is highly motivated, results-oriented with solid business acumen.

Requirements

A minimum of 6 years of experience underwriting Inland Marine insurance products
Must have the ability to effectively interact with all levels of customers and collaborate with a team of underwriters, claims, and loss control
Must have proven marketing and negotiation skills
Strong communication, interpersonal, and time management skills
Highly collaborative
Bachelor’s Degree

Responsibilities

Responsible for underwriting Inland Marine within the appetite developed by our team.
Independently works to appropriately select risks, evaluate, and recommend program structure, services, and pricing to achieve a balanced portfolio and long-term profitability
Establishes and maintains business relationships to develop new opportunities as well as visits insured and brokers/ producers to retain existing accounts in support of the producer and territory management plan
Independently reviews engineering information to assess risk quality and compliance within company guidelines and initiates appropriate loss prevention actions
Adheres to CAT guidelines and underwriting discipline to minimize exposure and appropriately price
Manages assigned portfolio to achieve gross written premium, profitability, rate, retention, product mix, new business and portfolio management goals
Evaluates reinsurance requirements and implements appropriate action
Communicates and collaborates across disciplines to establish and maintain relationships to achieve organizational and policyholder success
Shares underwriting expertise with underwriters at all levels
Commit to The Ascot Way: Embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.

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)