Senior Underwriter (Excess Petroleum)

The role

The Senior Underwriter will review and evaluate petroleum distribution insurance applications to determine coverage and pricing. This role involves assessing excessive risks and adhering to underwriting guidelines to maintain profitability.

What you will do

• Adhere to underwriting guidelines and execute underwriting and pricing strategies
• Approve or decline insurance applications within certain limits
• Review and analyze risk characteristics on insurance applications, renewals, and change requests
• Ensure underwriting activities comply with industry and government regulations
• Document underwriting files including risk analysis and pricing justification
• Offer recommendations to clients to reduce exposure to excessive risk
• Utilize underwriting guidelines to determine premiums, limits, and coverages
• Cultivate relationships with assigned producers
• Collaborate with the underwriting team to finalize applications
• Process accounts from approved quotes through to policy issuance

Required qualifications

• Bachelor’s degree
• Minimum 5 years of commercial P&C underwriting or related insurance experience
• Experience underwriting commercial E&S policies
• Strong customer service experience
• Proficiency in Microsoft Office Suite
• 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

Nice to have

• Experience underwriting excess petroleum policies
• Experience working for an MGA
• Experience using Vertafore, AIM and ImageRight
• CPCU, Property & Casualty Brokers License, etc.

Benefits

• Employee Ownership Program
• Professional development opportunities
• Owner Referral Program
• Work from home reimbursement for remote/hybrid roles
• 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

Before you apply

• Must be legally authorized to work in the United States

About the company

Integrated Specialty Coverages, LLC (ISC) is a growth stage technology and data-driven commercial MGA and insurance wholesaler. The company is combining insurance and technology to create an Insurtech powerhouse.