Excess Casualty Underwriter

1 week ago

scottsdale, United States IFG Companies Full time

DRAFT

POSITION TITLE: Excess Casualty Underwriter

REPORTS TO: Regional Excess Casualty Manager

FLSA/EEO CATEGORY: Exempt, Professional

DIRECT REPORTS: None

PREFERRED LOCATION: Chicago (IL), Scottsdale (AZ)


POSITION SUMMARY

The Excess Casualty Underwriter ("ECU") is responsible for developing, managing and maintaining a profitable book of excess casualty business on behalf of IFG Companies. This experienced underwriter is expected to develop strong relationships with wholesale producers (i.e., agents and brokers) that will result in favorable submission flows. The ECU will evaluate submissions for new and renewal business, prioritize them and prepare quotes for those acceptable submissions falling within the ECU's Letter of Authority and IFG Companies' underwriting guidelines.


The ECU should employ IFG Companies' advanced underwriting tools to support the underwriting and quoting process, including its rating matrices, predictive analytics, crime and credit scores and other third-party data to facilitate risk selection, evaluation, quoting and binding process, using approved forms.


POSITION REQUIREMENTS AND RESPONSIBILITIES INCLUDING

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


New Business

  • Meeting and working with producers in assigned territories to ensure high-quality submission opportunities are presented to the ECU for quoting.
  • Identifying and selecting suitable submissions for quoting, with assistance from IFG Companies' submission prioritization tools that employ predictive analytics, loss history and third-party data to score each submission.
  • Evaluating appropriate pricing and coverage terms, with assistance from IFG Companies' rating tools and following underwriting guidelines for appetite and coverage terms as respects the class of business considered.
  • Maintaining excellent communication with producers to keep them informed about the IFG Companies' product line offerings.
  • Promoting the IFG Companies' brand.
  • Assisting IFG Companies' marketing efforts generally by providing feedback pertinent to the product line with respect to competitors, products, and the overall marketplace.
  • Providing or seeking referral counsel with other underwriters, the unit head and/or Corporate Underwriting, to discuss individual risk acceptance or declination, pricing and terms, when appropriate under the circumstances.
  • Monitoring the performance of new business underwritten.
  • Performing other duties, including new underwriter training and mentoring, as may be requested or appropriate.


Renewal Business

  • Monitoring the performance of the ECU's business in force to determine what underwriting actions are most appropriate with respect to renewal, pricing, non-renewal or changes in coverage terms.
  • Preparing renewal quotes sufficiently in advance of renewal dates to satisfy producer and retailer needs.
  • Maintaining excellent communication with producers so they know what to expect at renewal, are then less likely to take actions to move the business and are given due notification whenever possible if non-renewal or changed terms are expected.
  • Being generally familiar with regulatory and contractual considerations as regards contingent renewals or non-renewals to ensure compliance with the respective state regulations and consulting with IFG Companies' Compliance area, as needed.
  • Providing or seeking referral counsel with other underwriters, the unit head and/or Corporate Underwriting, to discuss individual renewals or non-renewals, pricing and terms, when required or appropriate.


General Underwriting Responsibilities

  • Exhibiting sound judgment and strong technical knowledge of underwriting principles, while applying IFG Companies' underwriting guidelines that apply to the risks being underwritten.
  • Monitoring and meeting production, marketing and profitability goals for the ECU's book.
  • 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' underwriting appetite.
  • Regularly traveling to meet with assigned producers to build and maintain strong relationships and ensure their awareness of IFG Companies' product offerings and appetite.
  • Collaborating and assisting other team members on underwriting and marketing matters.
  • Training, coaching and mentoring less experienced underwriters and support staff.


REQUIRED KNOWLEDGE/SKILLS/ABILITIES

  • Knowledge of both commercial primary and excess casualty lines business, classifications, pricing and coverage options with adherence to applicable statutory compliance requirements and corporate guidelines.
  • Ability to manage the ECU's excess portfolio with appropriate overall limits, attachment points and diversification.
  • General knowledge of the wholesale producer distribution system.
  • Demonstrated ability to analyze data and make well informed, calculated risk decisions.
  • Strong problem solving, reasoning, 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.
  • Excellent analytical and organizational skills, with excellent attention to detail.
  • Ability to plan, organize, prioritize and manage multiple tasks while meeting deadlines.
  • Proven 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 four years of commercial excess casualty underwriting experience, combined with sound knowledge of excess casualty 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 commute at least three (3) days per week to 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 the 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-Excess Casualty

    3 weeks ago

    Scottsdale, United States IFG Companies Full time

    DRAFTPOSITION TITLE: Excess Casualty UnderwriterREPORTS TO: Regional Excess Casualty ManagerFLSA/EEO CATEGORY: Exempt, ProfessionalDIRECT REPORTS: NoneLOCATION: 2 with 4+ Years to 9 Years of Commercial Excess Casualty Underwriting Experience in Chicago (IL) or Scottsdale (AZ), preferably Scottsdale (AZ)POSITION SUMMARYThe Excess Casualty Underwriter ("ECU")...

  • Underwriter-Excess Casualty

    4 weeks ago

    Scottsdale, United States IFG Companies Full time $85,000 - $170,000

    DRAFTMaximise your chances of a successful application to this job by ensuring your CV and skills are a good match.POSITION TITLE: Excess Casualty UnderwriterREPORTS TO: Regional Excess Casualty ManagerFLSA/EEO CATEGORY: Exempt, ProfessionalDIRECT REPORTS: NoneLOCATION: 2 with 4+ Years to 9 Years of Commercial Excess Casualty Underwriting Experience in...

  • Senior Excess Casualty Underwriter

    4 weeks ago

    Scottsdale, Arizona, United States IFG Companies Full time

    Job SummaryThe Excess Casualty Underwriter is responsible for developing, managing, and maintaining a profitable book of excess casualty business on behalf of IFG Companies.This experienced underwriter will develop strong relationships with wholesale producers, evaluate submissions, prioritize them, and prepare quotes for acceptable submissions within the...

  • Excess Casualty Underwriter

    2 weeks ago

    scottsdale, United States IFG Companies Full time

    DRAFTPOSITION TITLE: Excess Casualty UnderwriterREPORTS TO: Regional Excess Casualty ManagerFLSA/EEO CATEGORY: Exempt, ProfessionalDIRECT REPORTS: NonePREFERRED LOCATION: Chicago (IL), Scottsdale (AZ)POSITION SUMMARYThe Excess Casualty Underwriter ("ECU") is responsible for developing, managing and maintaining a profitable book of excess casualty business on...

  • Excess Casualty Underwriter

    3 weeks ago

    Scottsdale, United States IFG Companies Full time

    DRAFTPOSITION TITLE: Excess Casualty UnderwriterREPORTS TO: Regional Excess Casualty ManagerFLSA/EEO CATEGORY: Exempt, ProfessionalDIRECT REPORTS: NonePREFERRED LOCATION: Chicago (IL), Scottsdale (AZ)POSITION SUMMARYThe Excess Casualty Underwriter ("ECU") is responsible for developing, managing and maintaining a profitable book of excess casualty business on...

  • Senior Excess Casualty Underwriter

    4 weeks ago

    Scottsdale, United States IFG Companies Full time

    DraftBelow covers everything you need to know about what this opportunity entails, as well as what is expected from applicants.POSITION TITLE: Excess Casualty UnderwriterREPORTS TO: Regional Excess Casualty ManagerFLSA/EEO CATEGORY: Exempt, ProfessionalDIRECT REPORTS: NoneLOCATION: 2 with 10+ Years of Commercial Excess Casualty Underwriting Experience in...

  • Excess Casualty Underwriter

    1 week ago

    Scottsdale, AZ, United States IFG Companies Full time

    DRAFTPOSITION TITLE: Excess Casualty UnderwriterREPORTS TO: Regional Excess Casualty ManagerFLSA/EEO CATEGORY: Exempt, ProfessionalDIRECT REPORTS: NonePREFERRED LOCATION: Chicago (IL), Scottsdale (AZ)POSITION SUMMARYThe Excess Casualty Underwriter ("ECU") is responsible for developing, managing and maintaining a profitable book of excess casualty business on...

  • Underwriting Specialist

    6 days ago

    Scottsdale, United States James River Management Company Full time

    Underwriting Specialist (Excess Casualty) Alpharetta, GA, USA Raleigh, NC, USA Richmond, VA, USA Scottsdale, AZ, USA Virtual Req 100 Monday, May 13, 2024 Come grow with James River Insurance James River Insurance is an excess and surplus lines segment of James River Group Holdings, Ltd. and operates on an approved non-admitted basis in 50 states and...

  • Senior Excess Casualty Underwriter

    3 weeks ago

    Scottsdale, AZ, United States IFG Companies Full time

    DraftBelow covers everything you need to know about what this opportunity entails, as well as what is expected from applicants.POSITION TITLE: Excess Casualty UnderwriterREPORTS TO: Regional Excess Casualty ManagerFLSA/EEO CATEGORY: Exempt, ProfessionalDIRECT REPORTS: NoneLOCATION: 2 with 10+ Years of Commercial Excess Casualty Underwriting Experience in...

  • Executive Underwriter

    4 months ago

    Scottsdale, United States James River Management Company Full time

    Executive Underwriter (Excess Casualty) Raleigh, NC, USA * Richmond, VA, USA * Scottsdale, AZ, USA * Virtual Req #11Friday, January 5, 2024Come grow with James River Insurance! James River Insurance is an excess and surplus lines segment of James River Group Holdings, Ltd. and operates on an approved non-admitted basis in 50 states and Washington, DC. Since...

  • Senior Underwriter Excess Casualty

    3 weeks ago

    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,...

  • Senior Underwriter Excess Casualty

    1 month ago

    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,...

  • Senior Underwriter Excess Casualty

    2 months ago

    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,...

  • Underwriting Specialist

    3 weeks ago

    Scottsdale, United States James River Management Company Full time

    Underwriting Specialist (Excess Casualty) Alpharetta, GA, USA * Raleigh, NC, USA * Richmond, VA, USA * Scottsdale, AZ, USA * Virtual Req #100 Monday, May 13, 2024 Come grow with James River Insurance! James River Insurance is an excess and surplus lines segment of James River Group Holdings, Ltd. and operates on an approved...

  • Commercial Underwriter

    4 weeks ago

    Scottsdale, Arizona, United States IAT Insurance Group Full time

    Underwriter Opportunity at IAT Insurance GroupWe are seeking a skilled Underwriter to join our Contract Binding team at IAT Insurance Group. As a key member of our team, you will be responsible for evaluating risks and making informed decisions to achieve profitable growth within our risk profile.Key Responsibilities:Evaluate underwriting information to...

  • Underwriter, Primary Casualty

    6 months ago

    Scottsdale, United States AmTrust Financial Full time

    Overview The Underwriter administers the underwriting and servicing of renewal accounts for brokers and producers assigned within the territory in compliance with company underwriting, authority, and pricing standards upholds the standards of the AmTrust organization. This position is hybrid out of our Scottsdale, AZ office. (Tuesday - Thursday in ...

  • Senior Underwriter Travel

    4 weeks ago

    Scottsdale, Arizona, United States IFG Companies Full time

    Job Summary:We are seeking a highly skilled Senior Underwriter Travel to join our team at IFG Companies. As a key member of our Commercial Excess Casualty Underwriting team, you will be responsible for evaluating and underwriting complex commercial excess casualty risks.Key Responsibilities:Evaluate and underwrite complex commercial excess casualty risksMeet...

  • Underwriter- Primary Casualty

    3 weeks ago

    Scottsdale, United States IFG Companies Full time

    DraftPOSITION TITLE: Primary Casualty UnderwriterREPORTS TO: Regional Primary Casualty ManagerFLSA/EEO CATEGORY: Exempt, ProfessionalDIRECT REPORTS: NoneLOCATION: 1 with 4+ Years to 9 Years of Commercial Primary Casualty Underwriting Experience in Chicago (IL) or Scottsdale (AZ)POSITION SUMMARYThe Primary Casualty Underwriter ("PCU") is responsible for...

  • Underwriter- Primary Casualty

    4 weeks ago

    Scottsdale, United States IFG Companies Full time $85,000 - $170,000

    DraftApply promptly! A high volume of applicants is expected for the role as detailed below, do not wait to send your CV.POSITION TITLE: Primary Casualty UnderwriterREPORTS TO: Regional Primary Casualty ManagerFLSA/EEO CATEGORY: Exempt, ProfessionalDIRECT REPORTS: NoneLOCATION: 1 with 4+ Years to 9 Years of Commercial Primary Casualty Underwriting Experience...

  • Primary Casualty Underwriter

    1 month ago

    scottsdale, United States IFG Companies Full time

    DraftPOSITION TITLE: Primary Casualty UnderwriterREPORTS TO: Regional Primary Casualty ManagerFLSA/EEO CATEGORY: Exempt, ProfessionalDIRECT REPORTS: NoneLOCATION: 1 with 4+ Years to 9 Years of Commercial Primary Casualty Underwriting Experience in Chicago (IL) or Scottsdale (AZ)POSITION SUMMARYThe Primary Casualty Underwriter ("PCU") is responsible for...