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Marsh & McLennan Cos Senior Underwriter - Middle Market Property in Broomfield, Colorado

Founded in 1998 and based in Broomfield, Colorado, ICAT is a leading provider of property insurance protection to homeowners and businesses located in hurricane- and earthquake-exposed regions of the United States. ICAT draws from highly specialized underwriting expertise and advanced technology tools to offer brokers and their clients market-leading catastrophe coverage. Along with its subsidiary, Boulder Claims, ICAT's inherent promise to policyholders is to assist people and businesses as they recover from disasters. ICAT programs currently protect over 85,000 homeowners and business owners in catastrophe-exposed regions of the US.

ICAT is seeking candidates for the following position located in Broomfield, CO. This role is also open to being remote.

Senior Underwriter - Middle Market Property

What can you expect?

  • In the first 60 days you can expect to participate in a robust training program of on the job and computer-based training.

  • You will be joining a team of highly motivated and knowledgeable individuals.

  • Underwrite new and renewal business for assigned producer offices.

  • Support growing producer relationships within assigned offices.

What is in it for you?

  • Flexible, hybrid work schedule, including potential remote working opportunities.

  • Culture of collaboration, internal mobility, and valued partnership with assigned offices.

  • Competitive pay with bonus potential, full benefits package, generous 401k match and contribution and vacation days commensurate with experience leve

  • Tuition reimbursement and participation in our Employee Stock Purchase plan.

We will count on you to:

  • Underwrite and price accounts in accordance with ICAT's underwriting standards.

  • Meet annual production goals set for the team and department within required risk metrics.

  • Review and approve inspection review findings and recommendations on bound accounts.

  • Gather market data for new markets, products, and/or segments and works with the product and leadership team to identify new production opportunities and competitor activity.

  • Demonstrate a proficient understanding of the Victor Middle Market Property product and business models.

  • Mentor and train less experienced underwriting personnel on underwriting guidelines, forms, market conditions, competitors, and relationship building.

  • Effectively negotiate and sell on ICAT's behalf.

What you need to have:

  • BA degree in insurance, business, or related field preferred or equivalent work experience.

  • Minimum 5 years of progressive underwriting experience within the commercial property insurance industry.

  • CAT experience to include the perils of Hurricane, Earthquake, Flood, Severe Convective Storm, and Wildfire.

  • All Other peril experience to include a wide breadth of occupancies including technical classes such as manufacturing, industrial and healthcare.

  • Strong mathematical and analytical aptitude; critical thinking

  • Proven underwriting, sales, and agency management skills.

What makes you stand out?

  • 7+ years of progressive underwriting experience with agency management experience within the commercial insurance industry.

  • Ability to underwrite more complex accounts, including knowledge of commercial property forms, pricing, and rating methodology, modeling, and valuation tools.

  • INS or CPCU certification in progress or received.

  • Strong verbal and written communication including formal and informal presentation skills.

  • Strong interpersonal skills for interacting with team members.

  • Professional presence.

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