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IAT Insurance Group · 6 days ago

Senior Commercial Truck Underwriter (Non-Fleet)

Naperville, IL

Full-time

Hybrid

Mid, Senior Level

$63K/yr - $138K/yr

5+ years exp

IAT Insurance Group is the largest private, family-owned property and casualty insurer in the U.S. and they are seeking a Senior Underwriter for their Commercial Truck Team to support the non-fleet segment. The role involves evaluating and managing commercial auto accounts, ensuring profitability, and maintaining strong relationships with agency partners.

CommercialFinanceFinancial ServicesInsuranceInsurTech

Comp. & Benefits

No H1B

Hiring Manager

John Gard

Responsibilities

Evaluate, assess, price, and recommend handling of accounts beyond the agent’s granted authority and, if necessary, present the account in collaboration to obtain the authority to approve that specific account

Manage, evaluate, analyze, and assess the book of new and renewal business, making recommendations as to pricing, acceptability, coverage considerations, cancellations, non-renewals, etc., to maximize profitability. This involves interpreting, trending, and developing loss information from prior carriers, analyzing financial information, and preparing governmental and industry reports specifically for each account

Travel, as needed, to work with assigned agents to evaluate submission flow, evaluate account acceptability, and assure the overall profitability of each assigned agents and wholesalers

Calls, corresponds and meets with the assigned agency partners in a manner that maintains open communication for holistic agency management

Provides outstanding customer service

Builds effective working relationships with assigned agency personnel as well as internal company staff

Drives acceptable levels of new business opportunities through effective marketing to assigned agents

Effectively communicates with assigned agents the appropriate level of information to ensure understanding of company direction

Perform other tasks as needed

Qualification

Commercial auto underwritingRisk assessmentTransportation insurance knowledgeAgent marketingMathematical aptitudeCommunication skillsPC literacySpreadsheet proficiencyCPCU certificationARM certificationAU certificationInterpersonal skillsNegotiating skills

Required

Bachelors' degree and at least five years of commercial auto underwriting experience or equivalent

Equivalent is defined as nine years of relevant experience

Experience with marketing and managing agents within a defined territory

Knowledge of the transportation/Class 8 trucking insurance industry greatly preferred but we will consider individuals with commercial auto experience outside of trucking

Must possess the ability to creatively utilize coverage features, deductibles, or reinsurance on individual risks to achieve company objectives

Ability to market to agents via phone

Requires strong math aptitude, excellent verbal and written communication, interpersonal and negotiating skills

Must possess knowledge of various computer programs, internet-based programs, PC literate and working with spreadsheets

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