CAREERS
A Great Workspace
THE LOCATION:
Insurors Indemnity offices in a historic building in downtown Waco, Texas, just minutes from the Magnolia Silos, the Dr. Pepper Museum, Baylor University, and Cameron Park (which is the second-largest city park outside of Central Park in New York). With affordable housing, good schools, short commute times, and a growing arts/music/food scene Waco is a great place to work and live.
Remote position available if:
- Located more than 35 miles from Home Office
- Quarterly Home Office visits required
- Telecommuting equipment furnished by Insurors Indemnity Companies
WHY SHOULD YOU APPLY?
- A company that values work-life balance
- Growing company with opportunities to develop professionally.
- Collaborative work environment where your input is encouraged.
- Competitive pay
- Excellent benefits
Open Positions
SURPLUS LINES UNDERWITER
Job Purpose: Utilize frontline underwriting and marketing skills to drive profitable surplus lines growth with assigned agency partners. Serve as a liaison between non-admitted underwriting company and agents to bind business on behalf of agents. Operate within the letter of authority of the underwriting company for referral underwriting.
Job Duties:
1. Objectively consider information regarding a risk and its exposures and hazards based on information provided.
2. Review new business submissions to be placed with non-admitted carrier within carriers’ underwriting guidelines.
3. Offer coverage for Lines of Business not specifically requested to round-out accounts.
4. Properly apply forms, endorsements, and deductibles to help mitigate risk within carriers’ underwriting guidelines.
5. Provide instruction to Account Specialist for rating and quoting or declination of new business submissions.
6. Follow up on open quotes to increase the quote to bind ratio.
7. Notify agencies of adverse underwriting decisions, additional requirements, and declinations.
8. Review accuracy of information or quality of risk based on inspection reports or claims reports received and recommend appropriate action.
9. Advance knowledge of P&C coverages offered within IIU.
10. Other duties as assigned.
Qualifications and Education Minimum Requirements:
-Associate degree or equivalent business experience.
-Three or more years experience in a surplus lines commercial underwriting position.
-Industry specific designation (AINS, AU, CPCU) or the willingness to complete designation within prescribed time period.
-Multi-state underwriting experience preferred.
-P&C General Lines Agent License within 120 days of start date.
-Proficient in the use of contemporary business software (Microsoft Suite).
-Occasional travel.
Property Claims Representative
Job Purpose: Assist in handling commercial property claims within the established company procedures.
Key responsibilities:
- Initial claim review and coverage analysis.
- Assist in new claims setup
- Communication with the insured, adjuster, claimant and/or attorneys via email, telephone or in person.
- Responsible for reviewing property loss reports and settlement of property losses.
- Status follow up with outside adjusters/vendors
- Adjust reserves as necessary
- Prepare settlement/denial letters
- Other duties as assigned.
Qualifications & Education Requirements:
- Bachelor’s degree or equivalent business experience
- 3+ year’s claims experience at an insurance company or adjusting firm.
- Proficient in the use of Microsoft Word, Excel, and Xactimate.
- Adjuster license required.