Underwriting Manager
$72.56k - $157.95kIAT Insurance Group
The Contract Binding Team within the Excess and Surplus division of IAT Insurance Group has an immediate opening for Underwriting Manager of our East Coast Territory from our Cheshire, Connecticut; Alpharetta, Georgia; Naperville or Rolling Meadows, Illinois; Raleigh, North Carolina; Jersey City or Newark, New Jersey; Norristown, Pennsylvania; or Virginia Beach, Virginia location. Reporting to the Vice President of Underwriting, this role will be tasked with maintaining a book of business and oversight of specific Underwriters located in the Midwest and the East coast. This role works a hybrid schedule that requires working from the office Monday through Wednesday, with the option of working Thursday and Friday remotely. Responsibilities: Manages the work activities, performance, and professional development of the underwriting department, including leading and supporting a geographically dispersed remote team. Manage agency relationships and book management. Coach underwriting leaders, mentor underwriters, and contribute to the design and delivery of underwriting training programs; travel is required. Makes recommendations on underwriting policy and pricing strategy to Business Unit Lead. Reviews and manages the application of underwriting policy and pricing for all risks. Drive key initiatives and business strategies. Represent the organization at key industry events and conduct agency visits. Partner with the Product department to develop new products and enhance underwriting approaches. Work with the Claims team to review large loss reports and take corrective action when necessary. Work with the Actuarial team to review pricing, underwriting results, and portfolio performance. Coordinate with the Marketing team to communicate value propositions and underwriting messages to agency partners. Stay current on state and territory regulatory requirements, industry activity, and market trends. Lead and participate in projects as assigned. Perform other duties as needed. Qualifications: Must-Have: Bachelor’s degree in a related field with 5+ years of commercial insurance experience, or equivalent experience. Equivalent experience is defined as 9+ years of relevant professional experience. Solid understanding of the Property & Casualty insurance industry. Experience with Excess and Surplus lines underwriting. Expertise in underwriting complex or unfamiliar risks. Ability to apply loss development and advanced loss analysis concepts to achieve optimal risk pricing. Ability to creatively structure coverage features, deductibles, and reinsurance solutions to meet company objectives. To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes. Preferred to Have: Master’s degree in risk management, Finance, Mathematics, or Business. Professional insurance designations such as CPCU, ARM, or AU. Completion of INS 21, 22, and 23, or equivalent coursework. Compensation: Please note, that the annual [gross salary range (hourly rate)] associated with this posting is $72,560 - $157,950. This range represents the anticipated low and high end of the base salary for this position. Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role. The total compensation will include a base salary, performance-based bonus opportunities, 401(K) match, profit-sharing opportunities, and more. To view details of our full benefits, please visit
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IAT Insurance Group is the largest private, family-owned property and casualty insurer in the U.S. Insurance Answers Together® is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers. At IAT, we’re committed to driving and building an open and supportive culture for all. Our employees propel IAT forward – driving innovation, stable partnerships and growth. That’s why we continue to build an engaging workplace culture to attract and retain the best talent. We offer comprehensive benefits like: 26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off 7% 401(k) Company Match and additional Profit Sharing Hybrid work environment Numerous training and development opportunities to assist you in furthering your career Healthcare and Wellness Programs Opportunity to earn performance-based bonuses College Loan Assistance Support Plan Educational Assistance Program Mentorship Program Dress for Your Day Policy All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.$156.7k - $290.9k
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