IAT Insurance Group
Surety Underwriter
IAT Insurance Group, Avon, Connecticut, us, 06001
IAT Insurance Group has an immediate opening for a Surety Underwriter in Avon, Connecticut location.For the right experience, we can hire at the Senior Underwriter level.
This role will serve as a point member of our underwriting team, handling routine underwriting responsibilities including but not limited to the below, in a fashion consistent with the company policy and procedures. This involves interfacing with regional office Underwriters, various home office personnel, agents, and principals.This role works a hybrid schedule from an IAT Office.The hybrid schedule reflects our values (thinking and acting like an owner, collaboration, and teamwork) as it requires working from the office with colleagues and other disciplines Monday through Wednesday, with the option of working remotely on Thursday and Friday.
Responsibilities:
Financial and account analysis of pertinent financial data, authority, and referral requirements for consideration of new, existing and renewal businessRequesting and gathering financial information on assigned accountsBond renewal preparation and determination on whether bonds should be cancelledMarket independently to our agent and broker partners with an emphasis on productionMaintain Agency relationships and provide exceptional service and support. May have authority to underwrite low-value bonds and renewalsProvide general direction to the Bond Underwriting Assistants for bond processing.Provide quality recommendations to Branch and Home Office Reports on assigned accounts and agentsRate and review bonds for premium and classification accuracyEnsure accuracy and completeness of files and verify that all necessary documentation is complete in the fileAct as the primary service contact and visit agents assigned by the Regional Manager in order to foster and maintain an ongoing relationshipAccurately communicate knowledge of assigned accounts to Branch and Home Office personnel via written and verbal meansPrioritize workflow to ensure work is done in a timely fashion and all deadlines are metPerform other duties as neededQualifications:
Must-Have:
Bachelor's degree in Risk Management, Accounting, Finance, Mathematics, Business, or related with at least 2 years of surety underwriting experienceEquivalent is defined as 6 years of relevant underwriting experienceCredit/financial analysis will be considered in lieu of surety underwriting experienceStrong marketing skills and ability to obtain new business and work with contractor clientsStrong competency in quantitative and financial analysisRequires strong math aptitude, excellent verbal and written communication, interpersonal and negotiating skillsMust be customer service oriented and have the utmost integrityMust be a self-starter with the ability to operate independentlyMust be able to provide a valid driver's licenseTo qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposesPreferred to Have:
AFSB industry designationOur Culture
IAT is the largest private, family-owned property and casualty insurer in the U.S.
Insurance Answers Together®
is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers.
At IAT, we're committed to driving and building an open and supportive culture for all. Our employees propel IAT forward - driving innovation, stable partnerships, and growth. That's why we continue to build an engaging workplace culture to attract and retain the best talent.
We offer comprehensive benefits like:
26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off7% 401(k) Company Match and additional Profit SharingHybrid work environmentNumerous training and development opportunities to assist you in furthering your careerHealthcare and Wellness ProgramsOpportunity to earn performance-based bonusesCollege Loan Assistance Support PlanEducational Assistance ProgramMentorship ProgramDress for Your Day Policy
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.We maintain a drug-free workplace and participate in E-Verify.
Compensation:
Please note, that the annual gross salary range associated with this posting is $58,810 - $92,920.This range represents the anticipated low and high end of the base salary for this position.The total compensation will include a base salary, performance-based bonus opportunities, 401(K) match, profit-sharing opportunities, and more.Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role.
To view details of our full benefits, please visit https://www.iatinsurancegroup.com/careers/benefits
#LI-JG1
This role will serve as a point member of our underwriting team, handling routine underwriting responsibilities including but not limited to the below, in a fashion consistent with the company policy and procedures. This involves interfacing with regional office Underwriters, various home office personnel, agents, and principals.This role works a hybrid schedule from an IAT Office.The hybrid schedule reflects our values (thinking and acting like an owner, collaboration, and teamwork) as it requires working from the office with colleagues and other disciplines Monday through Wednesday, with the option of working remotely on Thursday and Friday.
Responsibilities:
Financial and account analysis of pertinent financial data, authority, and referral requirements for consideration of new, existing and renewal businessRequesting and gathering financial information on assigned accountsBond renewal preparation and determination on whether bonds should be cancelledMarket independently to our agent and broker partners with an emphasis on productionMaintain Agency relationships and provide exceptional service and support. May have authority to underwrite low-value bonds and renewalsProvide general direction to the Bond Underwriting Assistants for bond processing.Provide quality recommendations to Branch and Home Office Reports on assigned accounts and agentsRate and review bonds for premium and classification accuracyEnsure accuracy and completeness of files and verify that all necessary documentation is complete in the fileAct as the primary service contact and visit agents assigned by the Regional Manager in order to foster and maintain an ongoing relationshipAccurately communicate knowledge of assigned accounts to Branch and Home Office personnel via written and verbal meansPrioritize workflow to ensure work is done in a timely fashion and all deadlines are metPerform other duties as neededQualifications:
Must-Have:
Bachelor's degree in Risk Management, Accounting, Finance, Mathematics, Business, or related with at least 2 years of surety underwriting experienceEquivalent is defined as 6 years of relevant underwriting experienceCredit/financial analysis will be considered in lieu of surety underwriting experienceStrong marketing skills and ability to obtain new business and work with contractor clientsStrong competency in quantitative and financial analysisRequires strong math aptitude, excellent verbal and written communication, interpersonal and negotiating skillsMust be customer service oriented and have the utmost integrityMust be a self-starter with the ability to operate independentlyMust be able to provide a valid driver's licenseTo qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposesPreferred to Have:
AFSB industry designationOur Culture
IAT is the largest private, family-owned property and casualty insurer in the U.S.
Insurance Answers Together®
is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers.
At IAT, we're committed to driving and building an open and supportive culture for all. Our employees propel IAT forward - driving innovation, stable partnerships, and growth. That's why we continue to build an engaging workplace culture to attract and retain the best talent.
We offer comprehensive benefits like:
26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off7% 401(k) Company Match and additional Profit SharingHybrid work environmentNumerous training and development opportunities to assist you in furthering your careerHealthcare and Wellness ProgramsOpportunity to earn performance-based bonusesCollege Loan Assistance Support PlanEducational Assistance ProgramMentorship ProgramDress for Your Day Policy
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.We maintain a drug-free workplace and participate in E-Verify.
Compensation:
Please note, that the annual gross salary range associated with this posting is $58,810 - $92,920.This range represents the anticipated low and high end of the base salary for this position.The total compensation will include a base salary, performance-based bonus opportunities, 401(K) match, profit-sharing opportunities, and more.Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role.
To view details of our full benefits, please visit https://www.iatinsurancegroup.com/careers/benefits
#LI-JG1