Bankers Financial Corporation · 2 weeks ago
Inland Marine Underwriter - Small Commercial Insurance
Bankers Financial Corporation is a diverse corporation known for its innovative insurance products and superior customer service. They are seeking an experienced Inland Marine Underwriter to support the growth and profitability of their specialty commercial lines portfolio, requiring technical expertise in underwriting Builder’s Risk and various inland marine coverages.
Financial Services
Responsibilities
Underwrite and evaluate new and renewal submissions for a variety of inland marine and Builder’s Risk accounts, including but not limited to:
Contractor’s Equipment
Installation Floaters
Property in Transit / Transportation
Mobile Medical and Diagnostic Equipment
Builder’s Risk (ground-up, renovations, residential and commercial structures)
Warehousing and Equipment Storage Risks
Apply appropriate pricing, terms, and conditions based on risk characteristics, underwriting guidelines, and market dynamics
Assess risk factors using inspection reports, loss history, and third-party data sources to support well-informed underwriting decisions
Maintain strong working relationships with agents and distribution partners, supporting profitable new business growth while upholding risk selection standards
Partner with Product, Loss Control, and Underwriting Assistants to ensure accuracy and responsiveness throughout the underwriting process
Participate in the ongoing development of underwriting appetite documentation, workflows, and training resources related to Inland Marine and Builder’s Risk
Contribute to the training and mentoring of underwriting staff on inland marine fundamentals and best practices
Maintain awareness of industry trends, competitor strategies, and regulatory changes impacting the inland marine market
Actively drive new business production by prospecting within assigned agency territory, promoting underwriting appetite, and identifying growth opportunities
Conduct regular agency meetings—virtually and in person—to strengthen relationships, deliver training, and provide guidance on submission quality and product offerings
Qualification
Required
Bachelor's Degree in a related field and at least 5 years' experience in commercial underwriting
Preferred
7+ years of commercial underwriting experience, with significant focus on Inland Marine and Builder's Risk lines
Strong working knowledge of ISO forms, proprietary inland marine coverages, and industry best practices
Builder's Risk experience should include familiarity with general contractors, project timelines, valuation approaches, and construction-related exposures
Proven success in a production underwriting role, managing agency relationships, and hitting growth targets
Bachelor's degree in Risk Management, Business Administration, or related field preferred
Professional designations such as AMIM, CPCU, CIC, or ARM are highly valued
Strong communication, analytical, and organizational skills with the ability to manage workload in a fast-paced environment
Experience working with underwriting systems such as Salesforce, Perceptive Concept, or AS400 is a plus
Must be a collaborative team player with a solution-focused mindset
Strong business acumen and market awareness to identify opportunities and respond to competitive dynamics