[Hiring] Underwriter II @Integrated Specialty Coverages, LLC

Role Description

The Underwriter II (Marine) will support our growing Marine team handling various classes of marine business including:

• Cargo
• Hull
• Inland marine
• Project cargo
• General Liability (GL)

Key responsibilities include:

• Review applications for insurance and evaluate applications to determine whether to accept or decline coverage based on established underwriting guidelines.
• Determine the level of coverage to be offered and appropriate pricing based on the exposures presented and individual risk characteristics.
• Assess excessive risks and determine the value of policy to ensure safe and profitable distribution of risks.
• Become familiar with various marine insurance business segments and industry terminology.

Qualifications

• Bachelor’s degree required
• Minimum 3 years of underwriting or related insurance experience required (marine underwriting background a plus)
• CPCU, CIC, CRIS, Property & Casualty Brokers License, etc. a plus
• Strong customer service experience including proficiency in verbal and written skills
• Proficiency in Microsoft Office Suite and ability to quickly learn industry-specific software
• Ability to work collaboratively with team members and other departments
• Strong desire to learn, explore new ideas, and seek out new knowledge as part of the overall marine underwriting process
• Ability to be flexible, embrace change, and quickly pivot in response to shifting priorities

Requirements

• Adhere to underwriting guidelines and execute underwriting and pricing strategies to maintain profitability goals.
• Use level of authority to accept, reject, or mitigate risk for applications.
• Approve or decline insurance applications within certain limits and issue coverage and prepare referral submission for risks exceeding individual authority.
• Ensure that underwriting activities comply with all industry and government regulations.
• Documentation of underwriting files including risk analysis and pricing justification in accordance with established underwriting standards.
• Collaborate closely with the underwriting team to finalize coverage.
• Utilize multiple databases to gather and verify supplementary data for submissions and leverage specialized software to compare risks ensuring accurate policy pricing.
• Respond to broker’s needs, providing guidance and assistance tailored to their insurance needs.
• Process accounts from approved quotes through to policy issuance with accuracy and efficiency.

Benefits

• Employee Ownership Program - every eligible employee shares in the financial rewards that grow when the company grows
• Professional development opportunities
• Owner Referral Program
• Work from home reimbursement for remote/hybrid roles
• Canary emergency financial assistance program
• Comprehensive medical, dental, vision
• Life/AD&D Insurance
• Confidential, Employee Assistance Program
• Health Savings Account, includes company contribution
• Short-term disability
• Voluntary benefits - supplemental accident, critical illness, hospital insurance
• Employee discounts
• 401(k) Plan with company match contribution
• Addition Wealth Financial Wellness Program
• Various Time Off Programs
• 11 company paid holidays