Senior Underwriter - Middle Market Property
Senior Underwriter - Middle Market Property
ICAT
Broomfield, CO
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Base pay range
ICAT is seeking candidates for the following position located in Broomfield, CO. This role is also open to being remote.
Senior Underwriter – Middle Market Property
What can you expect?
- In the first 60 days you can expect to participate in a robust training program of on the job and computer-based training.
- You will be joining a team of highly motivated and knowledgeable individuals.
- Underwrite new and renewal business for assigned producer offices.
- Support growing producer relationships within assigned offices.
- Flexible, hybrid work schedule, including potential remote working opportunities.
- Culture of collaboration, internal mobility, and valued partnership with assigned offices.
- Competitive pay with bonus potential, full benefits package, generous 401k match and contribution and vacation days commensurate with experience level.
- Tuition reimbursement and participation in our Employee Stock Purchase plan.
- Underwrite and price accounts in accordance with ICAT’s underwriting standards.
- Meet annual production goals set for the team and department within required risk metrics.
- Review and approve inspection review findings and recommendations on bound accounts.
- Gather market data for new markets, products, and/or segments and works with the product and leadership team to identify new production opportunities and competitor activity.
- Demonstrate a proficient understanding of the Victor Middle Market Property product and business models.
- Mentor and train less experienced underwriting personnel on underwriting guidelines, forms, market conditions, competitors, and relationship building.
- Effectively negotiate and sell on ICAT’s behalf.
- BA degree in insurance, business, or related field preferred or equivalent work experience.
- Minimum 5 years of progressive underwriting experience within the commercial property insurance industry.
- CAT experience to include the perils of Hurricane, Earthquake, Flood, Severe Convective Storm, and Wildfire.
- All Other peril experience to include a wide breadth of occupancies including technical classes such as manufacturing, industrial and healthcare.
- Strong mathematical and analytical aptitude; critical thinking
- Proven underwriting, sales, and agency management skills.
- 7+ years of progressive underwriting experience with agency management experience within the commercial insurance industry.
- Ability to underwrite more complex accounts, including knowledge of commercial property forms, pricing, and rating methodology, modeling, and valuation tools.
- INS or CPCU certification in progress or received.
- Strong verbal and written communication including formal and informal presentation skills.
- Strong interpersonal skills for interacting with team members.
- Professional presence.
Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting TANA@mmc.com.
Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local based teams will identify at least one “anchor day” per week on which their full team will be together in person. office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.
Applications will be accepted until: August 2, 2024
#ICAT
The applicable base salary range for this role is $84,900 to $181,000.
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.
Applications will be accepted until: August 2, 2024
R_258381
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Seniority level
Not Applicable -
Employment type
Full-time -
Job function
Finance and Sales -
Industries
Insurance and Business Consulting and Services
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