Underwriter III

Company Details

As an elite Excess and Surplus Lines market, Nautilus Insurance Group offers commercial property and casualty insurance solutions to appointed wholesale surplus lines producers countrywide. We have specialized in providing these solutions for more than 35 years.

We have more flexible policy terms and premium rates on a non-admitted basis. Our focus is small to medium Property and Casualty risks on both an admitted and a non-admitted basis. Our offerings are distributed through partnerships with appointed wholesale surplus lines producers. Our relationships are defined by mutual success, speed to market, customer‑centric focus and an expanded appetite. Coverage placed by Nautilus Insurance Group is provided by Nautilus Insurance Company and Great Divide Insurance Company, both W.

R. Berkley Corporation members with A.M. Best (Superior) A+ XV ratings.

• Paid Parental Leave! At Nautilus, we offer Childbirth Recovery Leave as well as Primary Caregiver Leave, for up to a maximum of 12 weeks of paid leave.
• Nautilus offers Medical, Dental, and Vision coverage options, along with Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA) choices.
• We help our employees feel secure by providing a 401(k) program, profit sharing, stock purchase plan, life insurance, and travel accident insurance options.
• One of our core values is “Committed to Serve” and these aren’t idle words. We provide every employee one paid day off per year to volunteer at a local charity. That’s serving with a smile!
• We take risk management excellence and your professional growth seriously by offering Tuition Assistance and Industry‑Related Education and Exam programs.
• Can you hear us now? Employees are eligible for special cell phone service discounts with Verizon and AT&T. We’ve got a plum position for you! We participate in the Plum Benefits program offering employees cost‑free access to thousands of exclusive travel and entertainment discounts.
• Flexible work arrangements.
• On‑site newly renovated fitness center – free to use for employees. Yoga and other classes available for a nominal fee.

Nautilus Insurance is seeking an Underwriter III for our Southeast Region.

This role can be located in our Scottsdale office on a hybrid schedule or remotely in the Southeast US.

• Assesses new and renewal accounts to determine acceptability based upon NIC underwriting guidelines and authority granted.
• Reviews new and renewal accounts to verify issuance is in compliance with NIC underwriting guidelines, addresses discrepancies as needed, and enters information into appropriate systems.
• Establishes types and limits of coverage to be provided.
• Creates, analyzes and interprets data from various systems and underwriting resources.
• Responsible for monitoring production, profitability, and maintaining agency relationships.
• Collaborates with underwriting team as well as other departments on underwriting philosophy.
• Effectively communicates (written/verbal) information to both internal and external customers to ensure our standards of excellence are maintained.
• Consults with agency staff to obtain additional information on existing accounts.
• Promotes consistency amongst underwriting teams by contributing knowledge and soliciting feedback relative to underwriting philosophy and company goals.
• Maintains confidentiality with discretion and integrity with both internal and external information.
• Maintains familiarity with state laws and filing requirements within assigned territory to properly transact business within a state.
• Consults with underwriting team to determine if reinsurance is needed, and negotiates terms with designated reinsurer companies.
• Identifies and recommends changes to policy verbiage when standard text is not appropriate. Seeks manager approval before implementing.
• Monitors the amount of insurance in force on a single risk or group of closely related risks. Evaluates possibility of catastrophe losses and takes necessary action, as needed.
• Occasionally requested to assist with the development of special programs, underwriting procedures, and educational seminars.
• Composes reports and business…