Underwriter-Bind

8 hours ago

Alpharetta, United States International Financial Group LTD Full time

DRAFT

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

    2 days ago

    Alpharetta, United States IFG Companies Full time

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

  • Underwriter-Bind

    5 days ago

    Alpharetta, United States IFG Companies Full time $85,000 - $135,000

    DRAFTBelow covers everything you need to know about what this opportunity entails, as well as what is expected from applicants.POSITION TITLE: Bind UnderwriterREPORTS TO: Regional Bind DirectorDEPARTMENT Bind UnderwritingFLSA/EEO CATEGORY: Exempt, ProfessionalDIRECT REPORTS: NonePREFERRED LOCATION: Alpharetta (GA)POSITION SUMMARYThe Bind Underwriter ("BU")...

  • Underwriter-Bind

    1 day ago

    Alpharetta, GA, 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: Bind UnderwriterREPORTS TO: Regional Bind DirectorDEPARTMENT Bind UnderwritingFLSA/EEO CATEGORY: Exempt, ProfessionalDIRECT REPORTS: NonePREFERRED LOCATION: Alpharetta (GA)POSITION SUMMARYThe Bind Underwriter ("BU")...

  • Underwriting Auditor

    1 month ago

    Alpharetta, United States AmTrust Financial Full time

    Job Title: Underwriting AuditorAmTrust Financial Services is seeking an experienced Underwriting Auditor to join our team. As an Underwriting Auditor, you will be responsible for conducting post-bind reviews of commercial property and casualty accounts to ensure compliance with company guidelines and underwriting authority.Responsibilities:Conduct detailed...

  • Commercial Insurance Underwriter

    2 weeks ago

    Alpharetta, Georgia, United States Chubb Full time

    The Commercial Insurance Underwriter will be responsible for reviewing, triaging, and underwriting new business submissions for multiline accounts. This role reports into a Commercial Insurance branch office and matrixes into a regional underwriting team. The individual is accountable for securing binds to achieve their individual production goal while...

  • Underwriting Auditor Position

    7 days ago

    Alpharetta, GA, United States AmTrust Financial Full time

    Job Title: Underwriting Auditor PositionAmTrust Financial Services is seeking a highly skilled Underwriting Auditor to join our team. As an Underwriting Auditor, you will be responsible for conducting post-bind reviews of commercial property and casualty policies to ensure compliance with company guidelines and underwriting authority.Key...

  • Underwriting Auditor

    3 weeks ago

    Alpharetta, United States AmTrust Financial Full time

    Job SummaryWe are seeking a highly skilled Underwriting Auditor to join our team at AmTrust Financial Services. As an Underwriting Auditor, you will play a critical role in ensuring that our underwriting processes are accurate and compliant with company guidelines.Key ResponsibilitiesPerform detailed reviews of new business accounts to validate eligibility...

  • Underwriting Auditor

    1 month ago

    Alpharetta, United States AmTrust Financial Full time

    Job SummaryWe are seeking a highly skilled Underwriting Auditor to join our team at AmTrust Financial Services. As an Underwriting Auditor, you will play a critical role in ensuring that our underwriting processes are accurate and compliant with company guidelines.Key ResponsibilitiesPerform detailed reviews of new business accounts to validate eligibility...

  • Lower Middle Market Underwriter

    2 weeks ago

    Alpharetta, United States Chubb Full time

    The Lower Middle Market (“LMM”) New Business Underwriter is a field-underwriting role fully dedicated to new revenue generation for multiline accounts for an assigned group of agents. This individual reports into a Commercial Insurance branch office and matrixes into a regional LMM underwriting team. The individual is accountable for reviewing, triaging,...

  • Environmental Underwriter

    1 week ago

    Alpharetta, GA, United States Chubb Full time

    Job Title: Environmental UnderwriterThe Environmental Underwriter position at Chubb operates on a hybrid work schedule, with a focus on underwriting individual risks. This role is based in our Alpharetta office and is part of the Environmental Team.Key Responsibilities:Underwrite individual risks through a demonstration of skills and abilities, including...

  • Underwriter - Senior Underwriter (Environmental)

    11 hours ago

    Alpharetta, United States JR Group Full time

    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 Washington, DC. Since 2003, James River has provided thousands of commercial property and casualty customers with innovative and creative solutions for...

  • Environmental Underwriter

    2 weeks ago

    Alpharetta, GA, USA, United States Chubb Full time

    Job Title: Environmental UnderwriterChubb is seeking an experienced Environmental Underwriter to join our team. As an Environmental Underwriter, you will be responsible for underwriting individual risks and demonstrating a strong understanding of environmental insurance products.Key Responsibilities:Underwrite individual risks and demonstrate a strong...

  • Inland Marine Underwriter

    4 weeks ago

    Alpharetta, United States IFG Companies Full time

    Job Title: Underwriting Specialist - Inland MarineJob Summary:We are seeking an experienced Underwriting Specialist - Inland Marine to join our team at IFG Companies. The successful candidate will have a sound foundation in underwriting principles and a thorough understanding of inland marine coverages. The role requires review, investigation, and analysis...

  • Senior Underwriter, Property

    7 hours ago

    Alpharetta, United States Chubb Full time

    JOB DESCRIPTION Westchester, a Chubb Company, is seeking a Senior Underwriter to support the Property Underwriting unit. The role is focused on achieving profitable underwriting results through marketing, risk assessment and underwriting of Westchester's Property business. Duties may include but are not limited to: Develops and executes on marketing plan...

  • Senior Underwriter, Property

    7 days ago

    Alpharetta, GA, United States Chubb Full time

    Job SummaryChubb is seeking a Senior Underwriter to support the Property Underwriting unit. The role focuses on achieving profitable underwriting results through marketing, risk assessment, and underwriting of Westchester's Property business.Key ResponsibilitiesDevelop and execute marketing plans for assigned producers and territories.Negotiate pricing,...

  • Lower Middle Market Underwriter

    14 hours ago

    Alpharetta, United States Chubb Full time

    JOB DESCRIPTION The Lower Middle Market ("LMM") New Business Underwriter is a field-underwriting role fully dedicated to new revenue generation for multiline accounts for an assigned group of agents. This individual reports into a Commercial Insurance branch office and matrixes into a regional LMM underwriting team. The individual is accountable for...

  • Associate Underwriter

    9 hours ago

    Alpharetta, United States JR Group Full time

    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 Washington, DC. Since 2003, James River has provided thousands of commercial property and casualty customers with innovative and creative solutions for...

  • Senior Underwriter

    10 hours ago

    Alpharetta, United States Brown & Brown 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. Arrowhead Risk Managers is looking for an experienced Senior Underwriter to join our team. This position will solicit, underwrite, and price accounts according to specific carrier guidelines utilizing approved all risk...

  • Senior Underwriter, E&S Property

    1 week ago

    Alpharetta, United States Sompo International Holdings Ltd Full time

    About the Role:Sompo International Holdings Ltd. is seeking an experienced Senior Underwriter to join our E&S Property team in Alpharetta, GA. As a leading global provider of insurance and reinsurance, we recognize that our success is derived directly from those who matter most: our people.Key Responsibilities:Reviews applications and financial requirements...

  • Excess Casualty Underwriter

    2 weeks ago

    Alpharetta, Georgia, United States James River Management Company Full time

    Job Summary:The Excess Casualty Underwriter serves as a technical expert in a designated coverage, product or product line, mentoring and training less experienced staff. Selects, reviews, models, analyzes and underwrites the most complex submissions within the context of applying the division's underwriting guidelines and standards. Determines the proper...