ICAT is currently looking for an Underwriting Services Specialist in our Broomfield, Colorado office.
What can you expect?
You will acquire first-hand experience of the inner workings of a Managing General Agency (MGA) and gain specific understanding on how catastrophic modeling influences and supports underwriting, pricing, business planning, capital setting, and risk management processes.
You can expect to make a direct impact on business results by utilizing your analytical skills to enable sound risk selection.
You will be joining an experienced, collaborative team that excels in communication and supports one another's successes and failures with empathy and understanding.
Your career will be supported with a hands-on training and development plan that encourages you to own your career and better yourself by discovering your motivations and unlocking your passions.
What is in it for you?
Top notch medical, dental, vision, employee stock purchase program, and 401(k) match.
A flexible work schedule with competitive compensation including bonus eligibility and vacation days commensurate with experience level.
A collaborative office with a fun room (ping pong, foosball, pinball), amazing views of the Rockies, and company happy hours.
We will count on you to:
Service a book of business through the full policy lifecycle within service standards
Build relationships with agency partners and sales representatives to improve risk classification, bind ratios, and sales volume.
Gain an understanding of agency management, product distribution, and claims procedures that enhance growth and underwriting profit.
Create and maintain procedures.
Professionally communicate with producers via phone, email, and chat regarding underwriting questions, policy servicing, and billing questions
Mentor and train less experienced team members.
Work cross-functionally with Compliance, Claims, Product, Underwriting and other business units to develop process improvements and product enhancements.
Provide input and feedback to leadership for continuous process improvement.
Fill in for other team members to ensure business continuity during peak periods and/or when team members are unavailable.
What you need to have:
1+ years' of work experience.
High attention to detail, creativity, intellectual curiosity, a desire to communicate, and strong time management skills
Excellent customer service and communication skills
Technical Skills: Proficiency in MS Office (Excel, Word, PowerPoint, Outlook, MS Teams)
High attention to detail, creativity, intellectual curiosity, a desire to communicate, and strong time management skills
Excellent customer service and communication skills.
What makes you stand out?
Bachelor's degree preferred but not required.
3+ years of insurance or closely related office experience.
Successful completion of insurance and/or financial designations.
Experience using third-party catastrophe risk modeling services.
Marsh is the world's leading insurance broker and risk adviser. With more than 45,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. For more information, visit marshmclennan.com, follow us on LinkedIn and Twitter.
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.
Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law.
If you have a need that requires accommodation, please let us know by contacting TANA@mmc.com
Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.
Application Deadline: 05/03/2024 at 1159 EST
#ICAT
The applicable base salary range for this role is $40,500 to $86,500.
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.
