Demo

Senior Market Facing Underwriter, Excess Casualty

IAT Insurance Group
Naperville, IL Full Time
POSTED ON 1/24/2025
AVAILABLE BEFORE 3/23/2025

We are excited to announce that the Excess Casualty Market team within IAT Insurance Group has an immediate opening for a Senior Market Facing Underwriter.

Working with wholesale partners, a successful candidate will provide the right balance of speed to market coupled with coverage and pricing expertise on excess casualty business.

Priority consideration for individuals with a proven and profitable track record with wholesale brokers building a book of middle-market accounts (over $40,000) with low frequency and moderate severity exposures. We will consider candidates with significantly more than five years’ experience. The level and title of the role will reflect the selected individual's knowledge, skills, and experience.

This position can work from IAT’s Office in the Midwest and Northeast. For the right candidate, other IAT locations, including remote, can be considered for highly qualified candidates. The hybrid schedule reflects our values (thinking and acting like an owner, collaboration, and teamwork) as it requires working from the office with colleagues and other disciplines Monday through Wednesday, with the option of working remotely on Thursday and Friday. Occasional travel is required.  
          
Responsibilities:

  • Underwriting:
    • Underwrite and produce profitable business within the authority granted and consistent with company goals.
    • Maintain agency relationships, develop new relationships and recognize without bias any need to cease a relationship and contribute where possible to the amicable accomplishment, as necessary.
    • Adheres to company underwriting guidelines, processes and tools, an individual grant of authority, and appropriate regulatory and compliance requirements in the risk analysis and underwriting decision-making process.
    • Examines information such as insurance applications, websites, inspection reports, loss information, financial data and third-party data in evaluating and making appropriate risk/reward decisions.
  • Communication:
    • Effectively express information and ideas clearly through spoken, written and electronic means.
    • Demonstrates and effectively communicates an understanding of products and services.
  • Customer Service:
    • Provide prompt & courteous responses to both internal & external customers.
    • Actively engages with distribution to market our capabilities, benefits, and features, and identify new opportunities
  • Focus on Goals
    • Effectively leverages metrics and data to improve territory performance.
    • Understands market/industry issues, trends, and competitors.
  • Perform other tasks as needed.


Qualifications:

Must Have:

  • Bachelor’s degree and at least five years relevant experience or the equivalent
  • Equivalent experience is considered nine years of relevant commercial insurance experience.
  • Knowledge of Excess and Surplus is required.
  • Must possess the ability to appropriately apply loss development and advanced loss analysis concepts to achieve optimal pricing of risk.
  • Must possess the ability to creatively utilize coverage features, deductibles, or reinsurance on individual risks to achieve company objectives.
  • Agency Management is a must.
  • Requires strong math aptitude, excellent verbal and written communication, interpersonal and negotiating skills.
  • Must possess knowledge of various computer programs, internet-based programs, and PC literate in the use of spreadsheets.
  • To qualify, all applicants must be authorized to work in the United States and must not require now or in the future, VISA sponsorship for employment purposes

Preferred to Have:

  • Wholesale surplus lines experience
  • CPCU, ARM, or AU industry designations
  • INS21, 22, and 23 or equivalent is a plus
  • Eight or more years of experience in commercial Insurance


Our Culture
IAT is the largest private, family- owned property and casualty insurer in the U.S. Insurance Answers Together is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers. It’s about far more than being a workplace.
          
At IAT, our fundamental belief is to a create a culture where all employees are heard and have a sense of belonging. Inclusion and Diversity are not just initiatives, it’s how we live. We’re committed to driving and building an open and supportive culture. By embracing the uniqueness of our employees, investing in their development, listening to, and engaging their ideas, we are stronger as an organization. .Our employees propel IAT forward – driving innovation, stable partnerships and growth. That’s why we continue to build an engaging workplace culture to attract and retain the best talent.
          
We offer comprehensive benefits like:

  • 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


All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.  We maintain a drug-free workplace and participate in E-Verify.
          
IAT Recruiter:
Steve Morley | Senior Recruiter 
steve.morley@iatinsurance.com
www.linkedin.com/in/stevemorley916

 

Salary : $40,000

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Senior Market Facing Underwriter, Excess Casualty?

Sign up to receive alerts about other jobs on the Senior Market Facing Underwriter, Excess Casualty career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$57,441 - $74,403
Income Estimation: 
$64,132 - $77,443
Income Estimation: 
$67,582 - $88,476
Income Estimation: 
$69,196 - $90,129
Income Estimation: 
$69,261 - $91,404
Income Estimation: 
$106,030 - $150,547
Income Estimation: 
$125,552 - $162,907
Income Estimation: 
$115,496 - $142,565
Income Estimation: 
$108,370 - $134,975
Income Estimation: 
$138,359 - $207,086
Income Estimation: 
$88,031 - $110,533
Income Estimation: 
$125,552 - $162,907
Income Estimation: 
$115,496 - $142,565
Income Estimation: 
$96,188 - $130,586
Income Estimation: 
$106,030 - $150,547
Income Estimation: 
$64,132 - $77,443
Income Estimation: 
$88,031 - $110,533
Income Estimation: 
$94,544 - $118,022
Income Estimation: 
$87,462 - $118,395
Income Estimation: 
$90,329 - $120,891
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at IAT Insurance Group

IAT Insurance Group
Hired Organization Address Newark, NJ Full Time
IAT Insurance Group has an immediate opening for a General Liability Product Manager. This role works a hybrid schedule ...
IAT Insurance Group
Hired Organization Address Raleigh, NC Full Time
IAT Insurance Group has an immediate opening for a General Liability Product Manager. This role works a hybrid schedule ...
IAT Insurance Group
Hired Organization Address Raleigh, NC Full Time
IAT Insurance Group has opening for a Policy Support Specialist in the following offices and product line listed below. ...
IAT Insurance Group
Hired Organization Address Naperville, IL Full Time
IAT Insurance Group has an immediate opening for a General Liability Product Manager. This role works a hybrid schedule ...

Not the job you're looking for? Here are some other Senior Market Facing Underwriter, Excess Casualty jobs in the Naperville, IL area that may be a better fit.

E&S Excess Casualty Underwriter

Munich Re Specialty - North America, Chicago, IL

EXCESS CASUALTY UNDERWRITER - MULTIPLE LOCATIONS

Insurance Recruiting Solutions, Chicago, IL

AI Assistant is available now!

Feel free to start your new journey!