IAT Insurance Group

Underwriting Specialist

IAT Insurance Group$72K — $157K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree and at least 8+ years of relevant experience in commercial insurance or equivalent experience with 12+ years overall.
  • Deep understanding of Excess and Surplus lines insurance is essential.
  • Ability to analyze loss development and apply advanced loss analysis concepts for pricing.
  • Experience in creatively structuring policies with unique coverage features to meet company goals.
  • Strong agency management skills are required.
  • Must be authorized to work in the U.S. without requiring future VISA sponsorship.

Responsibilities

  • Underwrite and manage a specialized portfolio, ensuring decisions balance risk and profitability.
  • Cultivate and sustain effective relationships with agents and brokers, assessing partnership dynamics continuously.
  • Evaluate insurance applications and relevant data to inform risk assessment and policy terms.
  • Adhere to underwriting guidelines, internal processes, and compliance standards in all decisions.
  • Communicate underwriting decisions and policy details clearly to both internal teams and external partners.
  • Promptly handle inquiries, delivering high-quality service to partners and clients.
  • Collaborate with distribution partners to capture growth opportunities and expand business.
  • Utilize business performance data to enhance portfolio results and strategic approaches.

Benefits

  • Hybrid working schedule allowing for remote work on Thursdays and Fridays.
  • Opportunities for professional development and industry certifications like CPCU or ARM.
  • 401(K) matching and profit-sharing options.
  • Comprehensive health and wellness benefits, including medical, dental, and vision plans.
  • Access to a collaborative work environment that values relationship building.
Full Job Description
IAT Insurance Group has an immediate opening for Underwriting Specialist from our Scottsdale, AZ or Pasadena, CA location. For the right candidate, other West region IAT locations, including remote, may be considered.

This role focuses on underwriting excess casualty business in the West region, with a strong emphasis on building and managing relationships with wholesale partners. Strong candidates will have experience working in the West Coast market and a track record of developing a profitable middle-market book, particularly accounts with premiums over $40,000 and low frequency, moderate severity exposures. Success in this role requires balancing speed to market with disciplined coverage evaluation and pricing.

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:
  • Underwrite and manage a portfolio of business within assigned authority, making sound decisions that balance risk and profitability.
  • Build and maintain productive relationships with agents and brokers, identifying when to expand partnerships or step away.
  • Review applications, financials, loss history, inspection reports, and other data to assess risk and determine appropriate terms.
  • Follow underwriting guidelines, internal processes, and regulatory requirements in all decisions.
  • Communicate clearly and directly with internal teams and external partners, explaining decisions, products, and next steps.
  • Respond promptly and professionally to inquiries, maintaining a high level of service.
  • Work with distribution partners to support business growth and identify new opportunities.
  • Use performance data to manage your book of business and improve results.
  • Stay informed on market conditions, industry trends, and competitor activity.
  • Perform other duties as needed


Qualifications:

Must-Have:
  • Bachelor's degree and at least 8+ years of relevant experience or the equivalent
  • Equivalent experience is considered twelve years of relevant commercial insurance experience.
  • Knowledge of Excess and Surplus is required.
  • Must possess the ability to appropriately apply loss development and advanced loss analysis concepts to achieve optimal pricing of risk.
  • Must possess the ability to creatively utilize coverage features, deductibles, or reinsurance on individual risks to achieve company objectives.
  • Agency Management is a must.
  • 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:
  • Wholesale surplus lines experience
  • CPCU, ARM, or AU industry designations
  • INS21, 22, and 23 or equivalent is a plus
  • Eight or more years of experience in commercial Insurance


Compensation:

Please note, that the annual gross salary range associated with this posting is $72,560 - $157,950. 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

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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