Underwriter - Inland Marine

At IFG, you're building more than a career. You're helping build a better future. Since 1985, we've succeeded in a challenging industry through disciplined underwriting, strong relationships and long-term thinking. As a privately held, mission-driven insurance company, we're focused on lasting success, not short-term investor returns. Here, your contributions matter, you have opportunities to learn and grow, and our success supports a greater purpose: expanding educational opportunities in rural communities and supporting military families.

Build your future with us and help make a difference beyond insurance.

The Underwriter I Inland Marine (“Underwriter I”) is responsible for developing, managing and maintaining a profitable book of Inland Marine business on behalf of IFG Companies. This Underwriter I is expected to develop strong relationships with wholesale producers (i.e., agents and brokers) that will result in favorable submission flows and profitable long-term underwriting results. The Underwriter I will evaluate submissions for new and renewal business, prioritize them and prepare quotes for those acceptable submissions while strictly adhering to IFG Companies' underwriting guidelines and operating within the bounds of the Underwriter I's Letter of Authority or otherwise referring business for higher levels of approval.

The Underwriter I should employ IFG Companies' advanced underwriting tools to support the underwriting and quoting process, including its rating matrices predictive analytics, crime and credit scores and other third-party data to facilitate risk selection, evaluation, quoting and binding process, using approved forms.

• Meeting and working with producers in assigned territories to ensure high-quality submission opportunities are presenting to the Underwriter I for quoting.
• Identifying and selecting suitable submissions for quoting, with assistance from IFG Companies' submission prioritization tools that employ predictive analytics, loss history and third-party data to score each submission.
• Determining appropriate pricing, structure and coverage terms, with assistance from IFG Companies' rating tools and underwriting guidelines as well as appetite guidance as respects the class of business considered.
• Maintaining excellent communication with producers to keep them informed about IFG Companies' product line offerings.
• Promoting the IFG Companies' brand.
• Assisting IFG Companies' marketing efforts generally by providing feedback pertinent to the product line with respect to competitors, products and the overall marketplace.
• Providing or seeking referral counsel with other underwriters, the unit head and/or corporate underwriting, to discuss individual risk acceptance or declination, pricing and terms, when appropriate under the circumstances.
• Monitoring the performance of new business underwritten.
• Training new underwriting hires and mentoring as needed.

• Monitoring the performance of the Underwriter I 's business in force to determine what underwriting actions are most appropriate with respect to renewal, pricing, non-renewal or changes in coverage terms.
• Preparing renewal quotes sufficiently in advance of renewal dates to satisfy producer and retailer needs.
• Maintaining excellent communication with producers so they know what to expect at renewal, are then less likely to take actions to move the business and are given due notification whenever possible, if non-renewal or changed terms are expected.
• Being generally familiar with regulatory and contractual considerations as regards contingent renewals or non-renewals to ensure compliance with the respective state regulations and consulting with IFG…