Business Development Underwriter

🕒 May 26

🇺🇸 United States – Remote

💵 $90.6k - $152.7k / year

⏰ Full Time

🟢 Junior

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ICW Group

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

🤝 B2B

🌍 Social Impact

Insurance • B2B • Social Impact

ICW Group is a comprehensive insurance provider specializing in workers' compensation, catastrophe, and assumed reinsurance. They offer a wide array of services including claims reporting, risk management, and preventive safety measures to protect businesses and their employees. ICW Group is committed to providing excellent customer service and enhancing workplace safety. Additionally, they are involved in philanthropy, particularly focusing on improving the lives of children in the communities they serve. The company also facilitates various resources for agents and policyholders to seamlessly manage insurance requirements and claims processes.

📋 Description

• Establish collaborative relationships with agencies and producers to understand the external marketplace and underwrite within established guidelines • Evaluate routine business for risk acceptability, matching price to exposure, loss frequency, and severity for profitability • Generate and maintain a profitable book of business • Monitors production and quality of assigned producers • Drive profitable sale of the Company's products • Develop the assigned producer group to improve the quality and quantity of the business from assigned producers • Prospect and develop new business with new quality producers • Accepts or rejects simple to slightly complex risks, evaluating all risk characteristics as compared to the average in its class and price for profit within Company Underwriting guidelines. • Provides personal assistance to agents and insureds through regular visits to outside locations such as producer’s offices.

🎯 Requirements

• 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 • Current driver’s license required • 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.

🏖️ Benefits

• Competitive benefits package • Generous medical, dental, and vision plans • 401K retirement plans and company match • Bonus potential for all positions • Paid Time Off • Paid holidays throughout the calendar year • Support for continued learning