Integrated Specialty Coverages, LLC

Senior Underwriter (Excess Petroleum)

Remote

Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, PetroleumIndustries

Requirements

Candidates must possess a Bachelor's degree and a minimum of 5 years of underwriting or related insurance experience. Experience underwriting excess petroleum policies is strongly preferred, and relevant certifications like CPCU, CIC, or CRIS, along with a Property & Casualty Brokers License, are a plus. Strong customer service skills, proficiency in Microsoft Office Suite, and the ability to quickly learn industry-specific software are essential. The role requires a collaborative spirit, a strong desire for continuous learning, flexibility, and the ability to adapt to changing priorities.

Responsibilities

The Senior Underwriter will review insurance applications to determine acceptance or decline based on guidelines, evaluate risks, and set appropriate pricing and coverage levels. Responsibilities include assessing excessive risks, documenting underwriting files with justifications, and offering recommendations to clients for risk reduction. The role involves utilizing underwriting guidelines and authority levels to manage risk, cultivate producer relationships to meet production goals, and collaborate with the underwriting team. Additionally, the Senior Underwriter will gather and verify data using multiple databases and specialized software, respond to customer needs, process accounts from quotes to issuance, and recommend program development and process improvements. This position also contributes to the development of the underwriting team through knowledge sharing and mentoring.

Skills

Underwriting
Risk Assessment
Insurance Applications
Pricing Strategies
Commercial Insurance
Petroleum Industry

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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