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Underwriter I, Inland Marine

IFG Companies · Chicago, IL · Inland Marine underwriting

Compensation

$100k – $150k /yr

Employment type

Full-time

Work setting

On-site

Location

Chicago, IL

Schedule

Day shift

Posted

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Job overview

The Underwriter I, Inland Marine role is hybrid in Chicago, IL for employees residing within a one-hour commute of an IFG Companies office, with a salary range of $100,000–$150,000 per year. IFG Companies is an insurance company whose stated broader purpose includes expanding educational opportunities in rural communities and supporting military families. The role develops and manages a profitable Inland Marine book by evaluating new and renewal submissions, selecting risks, and preparing quotes within underwriting guidelines and authority. It also builds producer relationships and monitors portfolio performance to support sustainable underwriting results.

What you'll do

  • Evaluate and prioritize new and renewal submissions
  • determine pricing, structure, and coverage terms using underwriting guidelines and tools. Communicate with producers, refer risks for higher approval when appropriate, and monitor business performance. Prepare renewal quotes, assess renewal actions, maintain regulatory awareness, and meet production, marketing, and profitability goals. Travel regularly to meet assigned producers and collaborate with and mentor underwriting colleagues.

What we're looking for

Skills & competencies
underwriter i
inland marine
insurance underwriting
risk selection
commercial insurance
producer relationships
renewal business
hybrid
chicago il
ifg companies
$100k–$150k annually
travel required
Work arrangement
  • Weekend coverage required

Benefits & perks

  • Medical, dental, and vision coverage
  • 401(k)
  • flexible spending
  • short- and long-term disability insurance
  • life insurance
  • paid parental leave
  • vacation and other paid time off.

Why this role

Requires a bachelor’s degree in a related field and at least four years of Inland Marine underwriting experience. Hybrid work requires at least three office days per week for employees within a one-hour commute. The role may be eligible for incentive compensation; benefits include medical, dental, vision, 401(k), paid parental leave, and paid time off.

About the employer

IFG Companies is hiring for this role. Industry: Direct Health and Medical Insurance Carriers. Sector: 52.

Additional details

Industry sector
52
Industry
Direct Health and Medical Insurance Carriers
Occupation code
13-2053.00
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