Insurance Underwriter
4 days ago
Integrated Specialty Coverages, LLC (ISC) is a pioneering technology-driven commercial insurance wholesaler that is revolutionizing the market with innovative solutions. Backed by a leading private equity firm, KKR, and led by a forward-thinking management team, ISC is combining the worlds of insurance and technology to create an Insurtech powerhouse. As a leading online distributor of insurance products for a range of industries and "Main Street USA", we are seeking talented professionals to join our mission of achieving exponential growth. We strive to be the number one place to go for brokers and agents to source insurance. To accomplish this, we're building a digitally focused team that deeply understands the intersection between user experience, data, and AI/ML to optimize the way we engage with our customers and partners.
Job SummaryAs an Underwriter II at Abacus, your primary responsibility will be providing timely and accurate replies to broker requests, which will include servicing submissions, fielding message inquiries, and servicing broker requests as they navigate through the Abacus platform. The first 2-3 months will require this person to report onsite to the Santa Monica office. Overtime, the schedule may evolve to hybrid.
Key Responsibilities- Familiarize yourself with program guidelines, system navigation, and compliance requirements.
- Collaborate with other team members within underwriting, claims, accounting, and marketing.
- Provide exceptional service to our brokers - timely, quality, professional customer service.
- Communicate with brokers, primarily via a proprietary messaging system but also via phone.
- Review submissions across various programs.
- Work out of the proprietary Abacus platform using the submission queue and respond to broker inquiries from an incoming message queue.
- Assist with compliance by overseeing sub producer E&O, licensing, and OFAC.
- Fill in with offline requirements such as data needs and special projects.
- Work in a dynamic, automated environment that operates at a fast pace.
- 2/3 of underwriting duties will be aligned to Entertainment and 1/3 will be aligned to non-Entertainment.
- Bachelor's degree strongly preferred.
- 3 - 5 years film production and special event insurance experience.
- P&C license.
- Excellent verbal communication and written skills.
- Desire and willingness to partake in the underwriting duties across all of the Abacus programs.
- Comfortable with a fast-paced environment.
- Adept at efficiently managing workload.
This role has the opportunity to develop into a senior and then lead underwriter for all programs.
Benefits of Working at ISC- Employee Ownership Program - every eligible employee shares in the financial rewards that grow when the company grows.
- Professional development opportunities.
- Owner Referral Program.
- Work from home reimbursement for remote/hybrid roles.
- Burnalong digital health and wellness platform.
- Canary emergency financial assistance program.
- Comprehensive medical, dental, vision.
- Life/AD&D Insurance.
- Confidential, Employee Assistance Program.
- Health Savings Account, includes company contribution.
- Short-term disability.
- Voluntary benefits - supplemental accident, critical illness, hospital insurance.
- Employee discounts.
- 401(k) Plan with company match contribution.
- Various Time Off Programs.
- 11 company paid holidays.
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