Our client seeks an Inland Marine Underwriter for a West Coast territory. This carrier stands out with its unique ESOP ownership model, where every underwriter is a part-owner and assumes the responsibility of managing and growing their own book of business in addition to maintaining renewal business, with the support of the internal teams.
Their insurance subsidiaries are rated A+ “Superior” by AM Best and A “Strong” by Standard & Poor’s.
Responsibilities
Evaluate, analyze, accept, decline, rate, quote, and bind new or renewal submissions with high premium or risk exposure.
Strive to generate new relationships between agents, reinsurers, and contacts.
Manage and review simple to moderately complex submissions, account losses, pricing models, and profitable premiums.
Manage the approval, issuance, or change requests for policies.
Ability to use analytical methods in underwriting processes to find workable solutions.
Ability to verbally and in writing, communicate findings and recommendations to internal and external contacts on underwriting matters.
Has typically obtained letter of authority.
Financial Incentives
Employee stock ownership plan (ESOP)
401k — automatic 3% company contribution
Annual discretionary 401k and ESOP profit-sharing contribution (up to 15% of base salary)
Annual bonus plans
Work & Life
Paid time off (PTO) and holidays
Paid volunteer time off (VTO) to support our communities
Parental and family care leave
Flexible & hybrid work arrangements
Health & Wellness
Comprehensive medical, dental and vision benefits.