Underwriter-Bind

4 weeks ago


Scottsdale, United States IFG Companies Full time
DRAFT

Make sure to read the full description below, and please apply immediately if you are confident you meet all the requirements.

POSITION TITLE: Bind Underwriter

REPORTS TO: Regional Bind Director

DEPARTMENT: Bind Underwriting

FLSA/EEO CATEGORY: Exempt, Professional

DIRECT REPORTS: None

PREFERRED LOCATION: Alpharetta (GA)

POSITION SUMMARY

The Bind Underwriter ("BU") is responsible for developing and maintaining a profitable book of commercial property and casualty business produced through wholesale producers (i.e., agents and brokers) with binding authority for IFG Companies. The BU is expected to develop strong relationships with assigned producers to produce profitable business flow. Bind producers directly access GROW, which is IFG Companies' proprietary Bind underwriting system that provides a portal for the producer to quote, bind and issue policies. The BU will monitor the risks, classes and profitability of business written or referred by Bind producers and take actions, as appropriate, to ensure the resulting book of business is balanced, profitable and within authorities and guidelines.

To support the underwriting and quoting process, the BU will employ IFG Companies' approved forms and advanced underwriting tools, which include GROW, predictive analytics, third-party data and proprietary rating tools that enhance risk selection, evaluation, quoting, binding and policy issuance.

POSITION RESPONSIBILITIES INCLUDING

Experience, skills and responsibilities for this position include the following:

Bind Underwriting Book Management

Meeting and working with producers in assigned territories to ensure high-quality business flow that meets IFG Companies' underwriting appetite and guidelines.
Assisting assigned producers in learning to use GROW and understanding IFG's embedded underwriting guidelines such that producers will be able to identify business that falls within their binding authority and understand when business requires referral to a BU.
Evaluating appropriate pricing and coverage terms on referral business, with assistance from IFG Companies' rating tools, while following underwriting guidelines for appetite and coverage terms as respects the class of business being considered.
Monitoring and meeting profitability, production and marketing goals for the BU's book of business.
Monitoring the performance of the BU's new and renewal business to determine what underwriting actions are most appropriate with respect to pricing, renewal, non-renewal or changes in coverage terms.
Maintaining excellent communication with Bind producers so they know what to expect at renewal, are then less likely to move the business and are given due notification whenever possible, if non-renewal or changed terms are expected.
Monitoring Bind policy premium audits to determine whether pricing or other actions are required based on changes in insureds' operations and/or exposures.
Keeping Bind producers well informed about IFG Companies' Bind product line offerings, with a focus on targeted classes of business.
Providing or seeking referral advice to and/or from other underwriters, the regional director, the unit head and/or Corporate Underwriting, re individual risk acceptance or declination, renewals or non-renewals, pricing and terms, when appropriate.

General Underwriting Responsibilities

Exhibiting sound judgment and strong technical knowledge of Bind underwriting principles, while complying with Bind underwriting guidelines that apply to the risks being underwritten.
Keeping informed of industry, competitor and claim trends that may impact the relative and absolute attractiveness of risks being underwritten.
Being or becoming a subject matter expert for certain classes of business that are within IFG Companies' Bind underwriting appetite.
Being generally familiar with regulatory and contractual considerations as regards contingent renewals or non-renewals to ensure compliance with respective state regulations and consulting with IFG Companies' Compliance unit, when needed.
Regularly traveling to meet assigned producers to build and maintain strong relationships that lead to profitable business flow.
Promoting the IFG Companies' brand.
Assisting IFG Companies' marketing efforts generally by providing product feedback with respect to competitors, products and the overall marketplace.
Collaborating and assisting other team members on underwriting and marketing matters.
Training, coaching and mentoring less experienced Bind underwriters and support staff.
Other duties as assigned.

REQUIRED KNOWLEDGE/SKILLS/ABILITIES

Knowledge of commercial property and casualty Bind business, classifications, pricing and coverage options with adherence to applicable statutory compliance requirements and corporate guidelines.
An ability to manage the BU's book of business with appropriate overall limits and class diversification.
General knowledge of the Bind producer distribution system.
An ability to analyze data and make well-informed risk selection and risk management decisions.
Strong problem-solving and decision-making skills that aid in providing solutions for producers and insureds, while protecting IFG Companies' economic interests.
Excellent written and oral communication skills.
Strong analytical and organizational skills, with excellent attention to detail.
An ability to plan, organize, prioritize and manage multiple tasks while meeting deadlines.
Team player, with an energetic personality and strong interpersonal skills.
Strong computer skills and an ability to learn to work with proprietary systems.

EDUCATION/EXPERIENCE/CERTIFICATIONS

Minimum of 4 to 9 years of commercial Bind property and casualty underwriting experience, combined with sound knowledge of commercial Bind underwriting coverages.
College degree preferred, with coursework in Risk Management/Insurance a plus.
CPCU or other relevant insurance-related designations a plus.

PHYSICAL DEMANDS

Physical demands are considered to be that of a climate-controlled office environment, with minimal physical exertion.
Position is hybrid and requires the ability and the willingness to work at least three (3) days per week in IFG Companies' offices.
Position requires prolonged sitting, extensive utilization of computers and interactions with others in person and via phone.
Position requires the ability and willingness to travel as required to meet business demands.

BENEFITS

IFG Companies offers competitive compensation and benefits, including medical, dental, vision, 401(k), flexible spending, short-term and long-term disability insurance, life insurance, long-term care, paid parental leave, vacation and other paid time off.

IFG Companies is an equal opportunity employer committed to a diverse workforce.
  • Underwriter-Bind

    4 weeks ago


    Scottsdale, United States IFG Companies Full time $65,000 - $130,000

    DRAFTMake sure to read the full description below, and please apply immediately if you are confident you meet all the requirements.POSITION TITLE: Bind UnderwriterREPORTS TO: Regional Bind DirectorDEPARTMENT: Bind UnderwritingFLSA/EEO CATEGORY: Exempt, ProfessionalDIRECT REPORTS: NonePREFERRED LOCATION: Alpharetta (GA)POSITION SUMMARYThe Bind Underwriter...

  • Bind Underwriter

    2 weeks ago


    scottsdale, United States IFG Companies Full time

    DRAFTPOSITION TITLE: Bind UnderwriterREPORTS TO: Regional Bind DirectorDEPARTMENT: Bind UnderwritingFLSA/EEO CATEGORY: Exempt, ProfessionalDIRECT REPORTS: NonePREFERRED LOCATION: Scottsdale (AR)POSITION SUMMARYThe Bind Underwriter ("BU") is responsible for developing and maintaining a profitable book of commercial property and casualty business produced...

  • Bind Underwriter

    2 weeks ago


    Scottsdale, United States IFG Companies Full time

    DRAFTPOSITION TITLE: Bind UnderwriterREPORTS TO: Regional Bind DirectorDEPARTMENT: Bind UnderwritingFLSA/EEO CATEGORY: Exempt, ProfessionalDIRECT REPORTS: NonePREFERRED LOCATION: Scottsdale (AR)POSITION SUMMARYThe Bind Underwriter ("BU") is responsible for developing and maintaining a profitable book of commercial property and casualty business produced...

  • Bind Underwriter

    3 weeks ago


    Scottsdale, United States IFG Companies Full time

    DRAFTPOSITION TITLE: Bind UnderwriterREPORTS TO: Regional Bind DirectorDEPARTMENT: Bind UnderwritingFLSA/EEO CATEGORY: Exempt, ProfessionalDIRECT REPORTS: NonePREFERRED LOCATION: Scottsdale (AR)POSITION SUMMARYThe Bind Underwriter ("BU") is responsible for developing and maintaining a profitable book of commercial property and casualty business produced...

  • Bind Underwriter

    2 weeks ago


    scottsdale, United States IFG Companies Full time

    DRAFTPOSITION TITLE: Bind UnderwriterREPORTS TO: Regional Bind DirectorDEPARTMENT: Bind UnderwritingFLSA/EEO CATEGORY: Exempt, ProfessionalDIRECT REPORTS: NonePREFERRED LOCATION: Scottsdale (AR)POSITION SUMMARYThe Bind Underwriter ("BU") is responsible for developing and maintaining a profitable book of commercial property and casualty business produced...

  • Underwriter-Bind

    3 weeks ago


    Scottsdale, AZ, United States IFG Companies Full time

    DRAFTMake sure to read the full description below, and please apply immediately if you are confident you meet all the requirements.POSITION TITLE: Bind UnderwriterREPORTS TO: Regional Bind DirectorDEPARTMENT: Bind UnderwritingFLSA/EEO CATEGORY: Exempt, ProfessionalDIRECT REPORTS: NonePREFERRED LOCATION: Alpharetta (GA)POSITION SUMMARYThe Bind Underwriter...

  • Bind Underwriter

    2 weeks ago


    Scottsdale, AZ, United States IFG Companies Full time

    DRAFTPOSITION TITLE: Bind UnderwriterREPORTS TO: Regional Bind DirectorDEPARTMENT: Bind UnderwritingFLSA/EEO CATEGORY: Exempt, ProfessionalDIRECT REPORTS: NonePREFERRED LOCATION: Scottsdale (AR)POSITION SUMMARYThe Bind Underwriter ("BU") is responsible for developing and maintaining a profitable book of commercial property and casualty business produced...


  • Scottsdale, Arizona, United States IFG Companies Full time

    About the RoleThe ideal candidate for this position will have a strong background in commercial property and casualty underwriting, with a focus on bind underwriting. They will be responsible for developing and maintaining a profitable book of business produced through wholesale producers.Key ResponsibilitiesDevelop and maintain a profitable book of...


  • Scottsdale, United States IAT Insurance Group Full time

    IAT Insurance Group has an opportunity for an Underwriter to join our Contract Binding team to achieve profitable growth within the company's risk profile while maintaining an acceptable loss ratio with our delegated authority wholesale agents. The title of the role offered will reflect the selected candidate's experience and knowledge. We will consider...


  • Scottsdale, Arizona, United States AmWINS Group Full time

    Special Risk Underwriter is seeking an Underwriting Assistant to support the SRU Primary Construction program. This role is an excellent opportunity to learn our company from the ground up with exciting opportunities for accelerated advancement. As an Underwriting Assistant, you will provide support to our underwriters and clients through servicing a high...


  • Scottsdale, Arizona, United States IFG Companies Full time

    Job SummaryAn Underwriting Specialist at IFG Companies must have a solid foundation in underwriting principles to grow and maintain a profitable diversified portfolio of inland marine business. The position requires review, investigation, and analysis of new and renewal submissions and mid-term endorsement requests to determine acceptability for...

  • Associate Underwriter

    2 months ago


    scottsdale, United States Burns & Wilcox Full time

    When someone needs insurance coverage for the unique, the unusual, or the unconventional, they come to Burns & Wilcox. Our Associate Underwriters directly service a book of business under the supervision of an Underwriter, offering the opportunity to learn the specialty insurance business and career advancements into an Underwriter role. Interested? Join our...

  • Associate Underwriter

    1 month ago


    Scottsdale, United States Burns & Wilcox Full time

    When someone needs insurance coverage for the unique, the unusual, or the unconventional, they come to Burns & Wilcox. Our Associate Underwriters directly service a book of business under the supervision of an Underwriter, offering the opportunity to learn the specialty insurance business and career advancements into an Underwriter role. Interested? Join our...

  • Associate Underwriter

    1 month ago


    scottsdale, United States Burns & Wilcox Full time

    When someone needs insurance coverage for the unique, the unusual, or the unconventional, they come to Burns & Wilcox. Our Associate Underwriters directly service a book of business under the supervision of an Underwriter, offering the opportunity to learn the specialty insurance business and career advancements into an Underwriter role. Interested? Join our...

  • Associate Underwriter

    5 months ago


    Scottsdale, United States Burns & Wilcox Full time

    When someone needs insurance coverage for the unique, the unusual, or the unconventional, they come to Burns & Wilcox. Our Associate Underwriters directly service a book of business under the supervision of an Underwriter, offering the opportunity to learn the specialty insurance business and career advancements into an Underwriter role. Interested? Join our...


  • Scottsdale, United States Selby Jennings Full time

    Title: Commercial Lines Underwriting Manager, E&SLocation: Arizona (Hybrid schedule-flexible)Responsibilities:Manage new business and bindersManage department expensesConduct underwriting audits, overseeing a teamProvide reports to upper management, such as production and profitability reportsQualifications:Strong technical background with specific knowledge...


  • Scottsdale, Arizona, United States Bridge Specialty Group Full time

    Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. At Bridge Specialty Group, we seek a skilled Renewal Underwriter to join our team. Key Responsibilities:Review and evaluate renewal insurance applications to determine the degree of risk from various factors, including...


  • Scottsdale, Arizona, United States AmWINS Group Full time

    Underwriting Assistant OpportunityAmwins Group, a leading managing general agent, is seeking an Underwriting Assistant to support the SRU Primary Construction program.About SRUFounded in 2008, SRU is one of the country's largest and fastest-growing managing general agents, specializing in underwriting catastrophe property insurance and casualty insurance.As...

  • Underwriter

    1 week ago


    Scottsdale, United States James River Management Company Full time

    Underwriter (Manufacturers & Contractors) Scottsdale, AZ, USA * Virtual Req #186 Thursday,...


  • Scottsdale, United States Futuristic Underwriters Full time

    About Futuristic UnderwritersFuturistic Underwriters is an MGA that was launched to deliver innovative P&C insurance products to the marketplace. We are an affiliate of a financially sound and well-established organization that provides robust services and support. Our strategy is to leverage technology as a tool to optimize distribution, underwriting,...