Integrated Specialty Coverages, LLC

Future Opportunities: Underwriting Assistant

Remote

Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Insurtech, BiotechnologyIndustries

Integrated Specialty Coverages (ISC) - Underwriting Support Opportunity

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 KKR, a leading private equity firm, 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 achieve exponential growth. We strive to be the number one place 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 how we engage with our customers and partners.

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Job Summary

Provides support and assistance to senior underwriting staff. Performs administrative duties regarding new and renewal accounts, risk assessment, and loss runs and loss ratings. May assist senior underwriter with the computation of rates and premiums. This is a developing level position.

Position Responsibilities

  • Utilize understanding of exposures and risks analysis to assess loss history and current condition of finances for a case.
  • Collects, studies, and reviews documentation pertaining to risk cases, performing risk analysis to conclude whether a case is worth accepting.
  • Conducts preliminary reviews of complex submissions to identify errors, omissions, and confirm eligibility.
  • Collaborates closely with the underwriting team to finalize insurance applications efficiently.
  • Utilizes multiple databases to gather and verify supplementary data for submissions.
  • Manages inbound calls, connecting customers and team members to ensure a seamless and positive experience.
  • Responds to customer needs, providing guidance and assistance tailored to their insurance needs.
  • Processes accounts from approved quotes through to policy issuance with accuracy and efficiency.

Minimum Qualifications

  • Bachelor’s degree required.
  • Minimum of 1 year of underwriting or related insurance experience required.
  • CPCU, CIC, CRIS, Property & Casualty Brokers License, etc. are a plus.
  • Strong customer service experience.
  • Proficiency in Microsoft Office Suite and 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 seek out new knowledge.
  • Ability to be flexible, embrace change, and quickly pivot in response to shifting priorities.

Role Progression

The next role is Underwriter I.

Compensation and Benefits

Starting Hourly Pay Range: $22.86 - $28.58 USD

  • Actual starting pay will be based on factors such as skills, qualifications, training, and experience.
  • ISC's salary ranges are determined by role and level. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations and could be higher or lower based on a multitude of factors, including job-related skills, experience, and relevant education or training.

Comprehensive Benefits:

  • Employee Ownership Program - every eligible employee shares in the financial rewards that grow when the company grows.
  • Professional development opportunities.
  • Owner Referral Program.
  • Work from home reimbursement for remote/hybrid roles.
  • Burnalong digital health and wellness platform.
  • Canary emergency financial assistance program.
  • Comprehensive medical, dental, and vision insurance.
  • Life/AD&D Insurance.
  • Confidential, Employee Assistance Program.

Skills

Underwriting support
Administrative duties
Risk assessment
Loss runs
Loss ratings
Rate computation
Premium computation
Risk analysis
Data verification
Database utilization
Inbound calls

Integrated Specialty Coverages, LLC

Insurance program administration using data and AI

About Integrated Specialty Coverages, LLC

Integrated Specialty Coverages (ISC) uses data and technology to improve the insurance process for brokers and carriers by creating and managing tailored insurance programs. They enhance underwriting accuracy and customer experience through data analytics and artificial intelligence, allowing for quick pricing indications. ISC stands out by simplifying the submission process and providing flexible insurance solutions, such as their customizable Homeowners program. Their goal is to deliver the fastest and most efficient service possible in the insurance industry.

Town of Harrison, New YorkHeadquarters
2016Year Founded
VENTURE_UNKNOWNCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Mental Health Support
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
Hybrid Work Options
401(k) Retirement Plan
401(k) Company Match
Professional Development Budget
Conference Attendance Budget
Wellness Program
Short-term Disability
Employee Discounts
Phone/Internet Stipend

Risks

Integration of acquisitions like Abacus may face cultural and operational challenges.
New Marine Division may initially experience operational inefficiencies.
ISCX platform development could face technical challenges or delays.

Differentiation

ISC uses AI to provide pricing indications in minutes, enhancing efficiency.
The company offers tailored insurance programs, including an exclusive Homeowners program.
ISC's ISCX platform centralizes access for brokers and wholesalers across all business lines.

Upsides

Growing demand for AI-driven underwriting boosts ISC's market position.
Expansion into marine insurance aligns with global trade growth opportunities.
Rising need for personalized insurance products benefits ISC's data analytics capabilities.

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