ICW Group is a well-established insurance company that has been in business for over 50 years, seeking to transform the insurance carrier space. The Production Underwriter, Flood is responsible for classifying and pricing flood risks, ensuring profitable growth while developing strong relationships with brokers and clients.
Responsibilities
- Take responsibility for profitable growth of a specialty area of insurance business
- Accept, modify, or reject risks based on a review of business in terms of loss experience, inspection reports, file information, web resources, policyholder tenure, and related policies
- Classify nature of risk in accordance with Company guidelines, standards, and compliance with state laws
- Interpret policy contract language/forms and use approved classification systems, rating plans and selection standards to determine eligibility, desirability, and proper classification/pricing
- Inform management of weakness in coverage and/or products that are adversely impacting growth potential
- Gather pertinent competitive information to assist in developing recommendations to product development
- Evaluate routine business for risk acceptability; matching price to exposure, loss frequency and severity for profitability, and rating plans/modifications for renewal retention
- Provide documentation for any exceptions to established guidelines and critical account information relating to the final Underwriting decision
- Verify coverage eligibility
- Communicate effectively via phone calls and email to gather and analyze necessary information critical to the Underwriting process
- Occasionally go out on field visits to create new business opportunities and improve policy renewal retention
- Maintain Underwriting quality standards
- Develop a strong understanding of modeling systems
- Analyze modeling results to support Underwriting decisions
- Place facultative reinsurance according to Company guidelines
- Establish collaborative relationships with agencies/producers to understand the external marketplace and underwrite within established performance standards
- Effectively communicate decisions and resolve agent/customer concerns promptly
- Provide technical assistance to internal and external customers regarding coverage interpretations, policy and endorsement provisions, and Underwriting acceptability for specialty area coverages
- Develop collaborative working relationships with assigned agents providing excellent customer service
- Visit each assigned broker a minimum of two times a year
- Attend marketing events that may be organized by the Company
- Provide feedback gathered from marketing activities to management through marketing call reports
- Participate in Underwriting and production presentations when approved by management
- Underwrite Flood risks within ICW Specialty’s underwriting guidelines, appetite, and authority, with accountability for profitability, growth, and underwriting discipline
- Focus on wholesale distribution, serving as a primary point of contact and trusted advisor to wholesale brokers within assigned territories
- Evaluate complex Flood submissions, including analysis of exposure, loss potential, modeling outputs, and reinsurance considerations
- Apply Flood-specific policy forms, endorsements, rating plans, and eligibility requirements in compliance with regulatory and underwriting governance standards
- Manage a personal Flood book of business, monitoring performance metrics and adjusting underwriting strategies to support profitable growth
- Develop and maintain strong broker relationships through regular communication, strategic planning discussions, and in-person broker visits aligned with annual marketing plans
- Collaborate with Distribution, Product, and Reinsurance partners to support market development, identify growth opportunities, and address competitive positioning
- Represent ICW Specialty in broker meetings, industry events, and conferences as appropriate
- Provide technical guidance related to Flood coverage interpretation, underwriting acceptability, and risk selection to internal and external partners
Skills
- Bachelor's degree in Business, Accounting, Statistics, or related field
- Minimum 1-5 years of experience underwriting in a specialty area
- Demonstrated experience with automated underwriting systems
- Knowledge of and application of fundamental Underwriting concepts, practices, and procedures in area of specialization
- Ability to read, analyze, and interpret technical instructions
- Ability to search for and find programming information on the Internet and resolve complex programming challenges
- Ability to breakdown complex ideas into simple concepts and present this information in small group meetings
- Must be able to write programming documentation for technical and non-technical individuals
- Demonstrated ability to present complex data/information to varied audiences
- Proven organizational, analytical and time management skills
- Demonstrated ability to negotiate, influence, and close deals
- Excellent interpersonal skills
Benefits
- 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 you 100%
Company Overview
ICW Group Insurance Companies is a top-tier, national, multi-line Property & Casualty insurance company, providing comprehensive coverage to safeguard our customers’ world. It was founded in 1972, and is headquartered in San Diego, California, USA, with a workforce of 1001-5000 employees. Its website is https://www.icwgroup.com.
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