Business Development Underwriter

Are you looking to make an impactful difference in your work, yourself, and your community? Why settle for just a job when you can land a career? At ICW Group, we are hiring team members who are ready to use their skills, curiosity, and drive to be part of our journey as we strive to transform the insurance carrier space. We're proud to be in business for over 50 years, and its change agents like yourself that will help us continue to deliver our mission to create the best insurance experience possible.

Headquartered in San Diego with regional offices located throughout the United States, ICW Group has been named for ten consecutive years as a Top 50 performing P&C organization offering the stability of a large, profitable and growing company combined with a focus on all things people. It's our team members who make us an employer of choice and the vibrant company we are today. We strive to make both our internal and external communities better everyday! Learn more about why you want to be here!

PURPOSE OF THE JOB

The purpose of this job is to establish collaborative relationships with agencies and producers to understand the external marketplace and underwrite within established guidelines. This role will evaluate routine business for risk acceptability, matching price to exposure, loss frequency, and severity for profitability, and rating plans/modifications for renewal retention. This role exists to ensure that the Company’s marketing and producer management objectives are met, through the generation and maintenance of a profitable book of business.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Drives and manages a profitable and growing book of business.

• Sells, services, and maintains a producer force that can sell and control a profitable and growing book of business.
• Monitors production and quality of assigned producers.
• Drives profitable sale of the Company's products including increasing sales of existing products and introducing new products as they are developed.
• Develops the assigned producer group to improve the quality and quantity of the business we obtain from assigned producers.
• Keeps alert to industry changes, including WCIRB/NCCI rulings, forms, and coverage changes.

Prospects and develops new business.

• Prospects and prequalifies new producers to determine working relationship.
• Appoints new quality producers; sets and monitors production expectations with each Agency.
• Attains a thorough knowledge of the geographic territory assigned with regard to production sources, competitor activity, and economic and demographic idiosyncrasies.
• Produces marketing research to help identify opportunities for management, product enhancements, new distribution channels, and new geographic markets with growth potential.
• Utilizes underwriting authority to effectively price Company’s products.
• Accepts or rejects simple to slightly complex risks, evaluating all risk characteristics (operations, financials, management, employees, prior experience, etc.) as compared to the average in its class and price for profit within Company Underwriting guidelines.

Delivers superior customer service through collaborative relationships.

• Provides productions support through producer visitations and by participating in underwriting and production presentations.
• Provides personal assistance to agents and insureds through regular visits to outside locations such as producer’s offices.
• Maintains communication with customers through the use of Company technology.
• Communicates decisions and resolve agent/customer concerns promptly.
• Presents Agency Management solutions to agency principals and ICW management team.
• Serves as the primary Company contact and representative with existing and prospective producers.

SUPERVISORY RESPONSIBILITIES

This role does not have supervisory responsibilities.

EDUCATION AND EXPERIENCE

Bachelor's degree from four-year college or university with a major or emphasis in Business, Accounting, Statistics, or related field or equivalent combination of education and experience. Minimum 1 year of related experience and/or training required.

CERTIFICATES, LICENSES, REGISTRATIONS

Current driver’s license required.

KNOWLEDGE AND SKILLS

• Demonstrated ability to service the Company’s clients and maintain relationships with production sources.
• Ability to apply fundamental Underwriting concepts, practices, and procedures in area of specialization.
• Ability to read and interpret documents such as submissions, loss control reports, and standard policy form/endorsements.

PHYSICAL REQUIREMENTS

• Office environment – no specific or unusual physical or environmental demands and employees are regularly required to sit, walk, stand, talk, and hear.
• Role requires 50%-75% travel to meet with clients, attend industry events, and develop new business opportunities.
• Travel is usually limited to automobile but occasional air travel is required.
• Requires regular visits to outside locations such as producer's offices.

WORK ENVIRONMENT

• This position operates in an office environment and requires the frequent use of a computer, telephone, copier and other standard office equipment. Requires the ability to work 20-30% time from home.

We are currently not offering employment sponsorship for this opportunity.

#LI-Hybrid #LI-JF1

The current range for this position is

$90,559.93 - $152,723.07

This range is exclusive of fringe benefits and potential bonuses. If hired at ICW Group, your final base salary compensation will be determined by factors unique to each candidate, including experience, education and the location of the role and considers employees performing substantially similar work.

WHY JOIN ICW GROUP?

• Challenging work and the ability to make a difference
• You will have a voice and feel a sense of belonging
• We offer a competitive benefits package, with generous medical, dental, and vision plans as well as 401K retirement plans and company match
• Bonus potential for all positions
• Paid Time Off with an accrual rate of 5.23 hours per pay period (equal to 17 days per year)
• 11 paid holidays throughout the calendar year
• Want to continue learning? We’ll support you 100%

ICW Group is committed to creating a diverse environment and is proud to be an Equal Opportunity Employer. ICW Group will not discriminate against an applicant or employee on the basis of race, color, religion, national origin, ancestry, sex/gender, age, physical or mental disability, military or veteran status, genetic information, sexual orientation, gender identity, gender expression, marital status, or any other characteristic protected by applicable federal, state or local law.

At ICW Group we offer a work environment that encourages entrepreneurialism and celebrates success. Our team members are hands-on contributors who are given the opportunity to make an impact. It's our people who make us an employer of choice and the vibrant company we are today.

Job Category: Underwriting

Job Type: Full time

Req ID: JR100931