Logistics Underwriter

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.

Job Summary

ISC is looking for a Logistics Underwriter to join our team! This role involves reviewing insurance applications and evaluating them to determine whether to accept or decline coverage based on established underwriting guidelines. The position also entails determining the level of coverage to be offered and appropriate pricing based on the exposures presented and individual risk characteristics. The goal is to assess excessive risks and determine the value of a policy to ensure safe and profitable distribution of risks. Becoming familiar with various commercial insurance applications and industry terminology is also a key aspect of this role.

Position Responsibilities

• Adhere to underwriting guidelines and execute underwriting and pricing strategies to maintain profitability goals.
• Use level of 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.
• Ensure that 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.
• 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.

Minimum Qualifications

• Bachelor’s degree required.
• Minimum 3 years of Logistics or Transportation underwriting experience required.
• CPCU, CIC, CRIS, Property & Casualty Brokers License, etc. are a plus.
• Experience with any of the following is a plus: Truck, Rail & Storage, Fleet Owners, Couriers, Package Delivery, Line Haulers, Expeditors, Truckers, Freight Brokers/Forwarders.
• Experience with the following coverages is a plus: GL, Workers Comp, Inland Marine & Cargo, Environmental, Umbrella.
• 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.

Compensation and Benefits

The starting annual pay scale for this position is listed below. Actual starting pay will be based on factors such as skills, qualifications, training, and experience. In addition, the company offers comprehensive benefits including medical, dental and vision insurance, a 401(k) plan with match, paid time off, and other benefits. 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.