Underwriter II (Excess)

Summary

Join Integrated Specialty Coverages (ISC), a leading Insurtech company, as an Underwriter. You will review and evaluate excess insurance applications, determining coverage levels and pricing based on established guidelines. Responsibilities include adhering to underwriting strategies, approving or declining applications within limits, ensuring regulatory compliance, and documenting underwriting files. You will collaborate with the team, utilize databases and software, and provide customer support. This is a career-level position offering a competitive salary and comprehensive benefits package. The ideal candidate possesses a Bachelor's degree, at least three years of underwriting experience, and strong customer service skills. Growth opportunities to Senior Underwriter are available.

Requirements

• Bachelor’s degree required
• Minimum 3 years of underwriting or related insurance experience required
• Strong customer service experience
• Proficiency in Microsoft Office Suite and ability to quickly learn industry-specific software
• Ability to work collaboratively with team members and other departments
• Strong desire to learn, explore new ideas, and seeking out new knowledge
• Ability to be flexible, embrace change, and quickly pivot in response to shifting priorities
• Must be legally authorized to work in the United States without employer sponsorship

Responsibilities

• Adhere to underwriting guidelines and execute underwriting and pricing strategies to maintain profitability goals
• Use level of authority to accept, reject, or mitigate risk for applications
• Approve or decline insurance applications within certain limits and issue coverage and prepare referral submission for risks exceeding individual authority
• Ensure that underwriting activities comply with all industry and government regulations
• Documentation of Underwriting files including risk analysis and pricing justification in accordance with established underwriting standards
• Offer recommendations to clients on insurance applications to reduce exposure to excessive risk
• Collaborate closely with the underwriting team to finalize insurance applications efficiently
• Utilize multiple databases to gather and verify supplementary data for submissions and leverage specialized software to compare risks ensuring accurate policy pricing
• Respond to customer needs, providing guidance and assistance tailored to their insurance needs
• Process accounts from approved quotes through to policy issuance with accuracy and efficiency

Preferred Qualifications

CPCU, CIC, CRIS, Property & Casualty Brokers License, etc. a plus

Benefits

• 401(k) plan with match
• Paid time off
• Medical, dental and vision insurance
• 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