ISC (Integrated Specialty Coverages, LLC)
- Senior Underwriter
Senior Underwriter
Finance · CA, United States
Job description
About Integrated Specialty Coverages
Integrated Specialty Coverages, LLC (ISC) is a growth stage technology and data-driven commercial insurance wholesaler leading innovation in the market.
Backed by one of the leading private equity firms, KKR, and led by a forward-thinking management team, ISC is combining the worlds of insurance and technology to create an Insurtech powerhouse. As a leading online distributor of insurance products for a range of industries and “Main Street USA”, we are looking for the right people to help us in our mission of achieving exponential growth. We strive to be the number one place to go for brokers and agents to source insurance. To accomplish this, we’re building a digitally focused team that deeply understands the intersection between user experience, data, and AI/ML to optimize the way we engage with our customers and partners.
Job Summary
As a Senior Underwriter at ISC, Integrated Specialty Services, your primary responsibility will involve reviewing applications for insurance and evaluating the degree of risk against a set of guidelines to determine eligibility for coverage in our programs. In addition, you will be responsible for determining the level of coverage offered and appropriate pricing based on the exposures presented, while managing communication with appointed brokers.
Position Responsibilities
- Gather, analyze, and compare information on new and renewal submissions against a set of rules and guidelines for acceptability.
- Assess the degree of hazard of the individual risk to determine the level of coverage that will be offered and appropriate pricing relative to the risk.
- Prepare referral submission for risks exceeding individual authority.
- Documentation of Underwriting files including risk analysis and pricing justification in accordance with established underwriting standards.
- Communicates with producers regarding all aspects of the underwriting process by phone, chat and email.
- Collaborate with other team members as needed in underwriting, claims, or marketing to resolve issues.
- Assist in the development of the Underwriting team through sharing knowledge and market intelligence, collaboration, and mentoring relationships.
- Cultivate relationships with assigned producers to achieve production goals.
- Adhere to underwriting guidelines and execute underwriting and pricing strategies to maintain profitability goals.
- Recommend ideas for program development and process improvement
Minimum Qualifications
- Two-year College degree or Industry Education equivalent (CPCU, CIC, etc.)
- 7+ years of experience with Property and Casualty underwriting.
- 5+ years of underwriting experience with non-admitted E&S business.
- 7+ years with habitational exposures and dwellings (wiring, Roofing, plumbing, etc)
- Knowledge of IMS (Insurance Management System) a plus
- Comfortable with a fast-paced environment
- Proficiency in Microsoft Outlook, Excel, Word & PDF editor,
- Property & Casualty Broker’s License
The starting annual pay scale for this position is listed below. Actual starting pay will be based on factors such as skills, qualifications, training, and experience. In addition, the company offers comprehensive benefits including medical, dental and vision insurance, 401(k) plan with match, paid time off, and other benefits.
ISC's salary ranges are determined by role and level. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations and could be higher or lower based on a multitude of factors, including job-related skills, experience, and relevant education or training.
Benefits of Working at ISC
- Employee Ownership Program - every eligible employee shares in the financial rewards that grow when the company grows
- Professional development opportunities
- Owner Referral Program
- Work from home reimbursement for remote/hybrid roles
- Burnalong digital health and wellness platform
- Canary emergency financial assistance program
- Comprehensive medical, dental, vision
- Life/AD&D Insurance
- Confidential, Employee Assistance Program
- Health Savings Account, includes company contribution
- Short-term disability
- Voluntary benefits - supplemental accident, critical illness, hospital insurance
- Employee discounts
- 401(k) Plan with company match contribution
- Various Time Off Programs
- 11 company paid holidays
Applicants may contact the ISC HR department via e-mail or phone to request and arrange for an accommodation that will allow the applicant to successfully complete the application process. Applicants needing assistance may request accommodation at any time. Please contact ISC at HR@ISCMGA.com or 760-599-7242.
ISC believes in creating long-term relationships by being responsive and relevant and by consistently delivering value to our community of customers. Specifically, we focus on attracting, developing, and retaining the best talent for our business, challenging our people, demonstrating a “can-do” attitude, and fostering a collaborative and mutually supportive environment.
Diversity creates a healthier atmosphere: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, gender, gender identity, sexual orientation, marital status, medical condition, genetic information, mental or physical disability, military or veteran status, or any other characteristic protected by local, state, or Federal law.
**Must be legally authorized to work in the United States without employer sponsorship.**
**ISC participates in the Federal E-Verify program**