Integrated Specialty Coverages (ISC) - Underwriting Opportunities

About Integrated Specialty Coverages

Integrated Specialty Coverages, LLC (ISC) is a growth-stage technology and data-driven commercial insurance wholesaler leading innovation in the market. Backed by one of the leading private equity firms, KKR, and led by a forward-thinking management team, ISC is combining the worlds of insurance and technology to create an Insurtech powerhouse. As a leading online distributor of insurance products for a range of industries and “Main Street USA,” we are looking for the right people to help us in our mission of achieving exponential growth. We strive to be the number one place to go for brokers and agents to source insurance. To accomplish this, we’re building a digitally focused team that deeply understands the intersection between user experience, data, and AI/ML to optimize the way we engage with our customers and partners.

Note: If you don't see an opportunity that matches your interests, please submit your resume and application to be considered for future Underwriting opportunities on our Excess team!

We are seeking experienced Underwriters who are passionate about their work and dedicated to excellence, with non-platform experience underwriting risk in the following classes: construction, hospitality, real estate, manufacturing.

Standout candidates will have experience from an MGA or carrier with 3+ years in these areas.

Job Summary

The Underwriter will review insurance applications and evaluate them to determine whether to accept or decline coverage based on established underwriting guidelines. This role involves determining the level of coverage to be offered and appropriate pricing based on the exposures presented and individual risk characteristics. The Underwriter will assess excessive risks and determine the value of a policy to ensure the safe and profitable distribution of risks. Familiarity with various commercial insurance applications and industry terminology is essential.

Position Responsibilities

• Adhere to underwriting guidelines and execute underwriting and pricing strategies to maintain profitability goals.
• Utilize authority to accept, reject, or mitigate risk for applications.
• Approve or decline insurance applications within certain limits and issue coverage.
• Prepare referral submissions for risks exceeding individual authority.
• Review and analyze risk characteristics on insurance applications, renewals, and change requests.
• Ensure underwriting activities comply with all industry and government regulations.
• Document underwriting files, including risk analysis and pricing justification, in accordance with established underwriting standards.
• Offer recommendations to clients on insurance applications to reduce exposure to excessive risk.
• Utilize underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages.
• Cultivate relationships with assigned producers to achieve production goals.
• Collaborate closely with the underwriting team to finalize insurance applications efficiently.
• Utilize multiple databases to gather and verify supplementary data for submissions.
• Leverage specialized software to compare risks, ensuring accurate policy pricing.
• Respond to customer needs, providing guidance and assistance tailored to their insurance needs.
• Process accounts from approved quotes through to policy issuance with accuracy and efficiency.
• Recommend ideas for program development and process improvement.
• Assist in the development of the Underwriting team through sharing knowledge and market intelligence, collaboration, and mentoring relationships.

Minimum Qualifications

• Bachelor’s degree required.
• Minimum 3 years of underwriting or related insurance experience required.
• Commercial casualty underwriting experience, including excess, is required.
• Strong customer service experience.
• Proficiency in Microsoft Office Suite and ability to quickly learn new software.

Preferred Qualifications

• CPCU, CIC, CRIS, Property & Casualty Brokers License, etc. are a plus.