Underwriter, Management Liability

Iat Insurance Group - Naperville Park District, IL

Full-time - Entry Level

Naperville Park District, IL

About the position

The Underwriter position within the Management Liability team at IAT Insurance Group is responsible for partnering with wholesalers, retailers, and aggregators to grow a profitable book of business. The role requires analyzing underwriting files, evaluating contracts, and cultivating relationships while achieving organizational goals. The ideal candidate will have a background in management liability underwriting, with a focus on collaboration and inclusion in the workplace.

Responsibilities

• Review and analyze underwriting files to accept new business or continue renewals within established authority levels.
• Evaluate documents associated with underwriting files to minimize risk exposure.
• Read, evaluate, and interpret contracts and policies to determine exposures and provide guidance to team members.
• Cultivate relationships with distributors to achieve acceptable new business flow.
• Demonstrate the ability to work effectively with diverse backgrounds and instill inclusion in the workplace.
• Perform other tasks as needed.

Requirements

• Bachelor's degree in Risk Management, Finance, Business, or a similar degree.
• At least two years of insurance experience or equivalent (six years in P&C Insurance, preferably Management Liability).
• Advanced underwriting experience and knowledge of the Management Liability Industry.
• Ability to apply loss development and advanced loss analysis concepts for optimal pricing.
• Strong math aptitude and excellent verbal and written communication skills.
• Knowledge of various computer programs and proficiency in spreadsheets.

Nice-to-haves

• CPCU, ARM, or AU industry designations preferred.

Benefits

• 26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off
• Healthcare and Wellness Programs
• Opportunity to earn performance-based bonuses
• 7% 401(k) Company Match and additional Discretionary Retirement Contribution
• College Loan Assistance Support Plan
• Educational Assistance Program
• Mentorship Program
• Dress for Your Day Policy