IAT Insurance Group

AVP, Inland Marine & Property Production Underwriter - Midwest Region

IAT Insurance Group$97K — $213K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Risk Management, Finance, Business, Economics, or a related field
  • 9+ years of inland marine and/or property underwriting experience
  • Experience leading, mentoring, and guiding underwriters
  • Strong understanding of the insurance marketplace dynamics for inland marine and property products
  • Proven ability to develop broker relationships for new and renewal business opportunities
  • Confidence in risk assessment, pricing, and deal structuring adhering to company policies
  • Authorized to work in the U.S. without requiring VISA sponsorship

Responsibilities

  • Own and actively grow a profitable inland marine and property portfolio in the Midwest
  • Build and strengthen agency relationships for consistent business flow
  • Evaluate risks and pricing structures to make informed underwriting decisions
  • Analyze submissions and loss histories to inform underwriting choices
  • Set pricing that aligns with risk evaluations and company strategy
  • Structure creative deals to meet client and company objectives
  • Interpret policies for brokers and internal stakeholders to clarify coverage issues
  • Engage in frequent in-person meetings with distribution partners to stay connected to market trends

Benefits

  • 26 PTO Days + 12 Company Holidays totaling 38 Paid Days Off
  • 7% 401(k) Company Match and additional Profit Sharing
  • Hybrid work environment
  • Training and development opportunities
  • Healthcare and Wellness Programs
  • Performance-based bonus potential
  • College Loan Assistance Support Plan
  • Educational Assistance Program
  • Mentorship Program
  • Dress for Your Day Policy
Full Job Description
IAT Insurance Group has an immediate opening for an Assistant Vice President, Inland Marine & Property Underwriter from our Naperville or Rolling Meadows, Illinois location.

We're looking for an experienced Inland Marine & Property Underwriter to step into a visible, impact-driven AVP role. This is not a maintenance-only seat. You'll lead a team of underwriters, own and grow a book while helping us expand our footprint across the Midwest-bringing ideas, new relationships, and underwriting expertise that move the business forward.

This role works a hybrid schedule that requires working from the office Monday through Wednesday, with the option of working Thursday and Friday remotely.

Responsibilities:
  • Own and actively grow a profitable book of inland marine and property business across the Midwest Region
  • Build and strengthen agency relationships to drive consistent, high-quality new business flow
  • Evaluate risks, pricing, and coverage structures using experience and judgment, knowing when to lean in and when to walk away
  • Analyze submissions, loss history, exposure changes, and external data to make informed, disciplined underwriting decisions
  • Set pricing that reflects the risk, using advanced loss analysis and sound judgment aligned with company strategy
  • Structure deals creatively when needed, using coverage features, deductibles, or reinsurance to meet both client and company goals
  • Interpret policies and contracts clearly, providing guidance to brokers and internal partners, including claims when questions arise
  • Meet in person with distribution partners a minimum of 5 times per month. These visits keep us close to market activity, sharpen our read on emerging trends, and ensure our partners understand where we're focused and why.
  • Perform other duties as needed


Qualifications:

Must-Have:
  • Bachelor's degree in Risk Management, Finance, Business, Economics, or a related field
  • 9+ years of inland marine and/or property underwriting experience
  • Experience leading, mentoring, and providing guidance managing underwriters
  • Strong understanding of the insurance marketplace, including inland marine and property products, pricing, and competitive dynamics
  • Proven ability to develop broker relationships that support both new and renewal business opportunities
  • Confidence in risk selection, pricing, and structuring deals, including the use of deductibles, coverage features, or reinsurance where appropriate
  • To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes


Preferred to Have:
  • Industry designations CPCU, ARM, or AU
  • Master's Degree
  • Exposure to loss control or risk engineering-you think beyond the submission and into the actual risk


Compensation:

Please note, that the annual gross salary range associated with this posting is $97,880 - $213,030. Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role. The total compensation will include a base salary, performance-based bonus opportunities, 401(K) match, profit-sharing opportunities, and more.

To view details of our full benefits, please visit:
https://www.iatinsurancegroup.com/careers/benefits

We offer comprehensive benefits like:
  • 26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off
  • 7% 401(k) Company Match and additional Profit Sharing
  • Hybrid work environment
  • Numerous training and development opportunities to assist you in furthering your career
  • Healthcare and Wellness Programs
  • Opportunity to earn performance-based bonuses
  • College Loan Assistance Support Plan
  • Educational Assistance Program
  • Mentorship Program
  • Dress for Your Day Policy

About IAT Insurance Group

IAT Insurance Group is a privately held insurance company that provides a wide range of insurance products, including property and casualty, specialty, and surety. The company was founded in 1998 and is headquartered in Itasca, Illinois. IAT Insurance Group has over 1000 employees and operates in various industries, including transportation, construction, and energy. The company is committed to providing high-quality insurance products and services to its clients and has been recognized for its excellence in customer service and claims handling.
Learn more about IAT Insurance Group
Size
1,000 employees
Industry

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