Senior Underwriter, Inland Marine - Chicago, IL
2 days ago
Job description
Job Description
Ascot Group is one of the world's preeminent specialty risk underwriting organizations. Designed as a modern-era company operating through an ecosystem of interconnected global platforms, we are united by a common purpose:
One Ascot
.
Our greatest strength is the talent of our people—professionals who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion for finding a better way.
This is
The Ascot Way.
Our underwriting platforms work together to deploy capital creatively through our unique
Fusion Model
:
Client Centric, Risk Centric, Technology Centric
. Built to be resilient, Ascot maximizes client financial security while delivering bespoke solutions and world‑class service from underwriting through claims.
Position Overview
The
Senior Underwriter, Inland Marine
is responsible for driving profitable growth within Ascot's Inland Marine portfolio through strong technical underwriting, disciplined risk selection, and proactive broker engagement. This role collaborates closely with colleagues across Marine, Claims, Loss Control, and other internal partners.
We are seeking a highly motivated, results‑oriented professional with strong business acumen, underwriting expertise, and relationship‑building skills.
Responsibilities
- Underwrite Inland Marine risks in accordance with Ascot's appetite, guidelines, and underwriting strategies.
- Independently evaluate and select risks, determining appropriate program structure, coverage, services, and pricing to support long-term portfolio profitability.
- Develop and maintain strong relationships with retail and wholesale brokers; identify new business opportunities and visit insureds and brokers/producers to retain and grow accounts.
- Review engineering and loss control information to assess risk quality, ensure compliance with guidelines, and initiate appropriate loss prevention actions.
- Adhere to CAT guidelines and maintain underwriting discipline to manage exposure and appropriately price risks.
- Manage an assigned book to achieve targets across GWP, profitability, rate, retention, product mix, new business, and portfolio balance.
- Evaluate reinsurance needs and implement appropriate strategies for individual accounts and the broader portfolio.
- Collaborate across internal disciplines to drive organizational and policyholder success.
- Share underwriting expertise and support the development of underwriters at all levels.
- Demonstrate and champion The Ascot Way—fostering collaboration, inclusivity, accountability, and colleague engagement.
Requirements
- Minimum of 4 years of Inland Marine underwriting experience.
- Strong ability to interact effectively with brokers, insureds, and internal partners, including claims and loss control.
- Proven marketing, negotiation, and relationship‑management skills.
- Excellent communication, interpersonal, and time‑management abilities.
- Highly collaborative work style.
- Bachelor's degree required.
- This position may be filled at a different level, depending on experience***
Compensation
Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot's total compensation package for employees. Other rewards may include annual cash bonus and other forms of discretionary compensation awarded by the Company.
The annualized base pay range for this role is: $110,000 - $140,000.
Company Benefits
The Company provides a competitive benefits package that includes the following (eligibility requirements apply):
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more.
Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)
Retirement Benefits: Contributory Savings Plan (401k)
L1Hybrid
Similar jobs
+Underwrite Inland Marine business in accordance with the business plan.+Build and maintain broker relationships.+Perform complex underwriting activities.+ ...
2 weeks ago
The purpose of this role is to underwrite Inland Marine business in accordance with the business plan within set underwriting guidelines service standards and within individual earned or delegated underwriting authority. · Contribute to the delivery of the annual business plan fo ...
2 weeks ago
· Inland Marine Underwriting Lead · About the job · HDI Global Insurance Company is a commercial property and casualty insurer headquartered in Chicago, IL. As a wholly owned subsidiary of HDI Global SE, we manage the industrial lines division of the Talanx Group. Our extensive ...
3 days ago
Westchester seeks a skilled Senior Inland Marine Underwriter to underwrite complex inland marine risks and drive growth. · Business Acumen · Negotiation & Presentation Skills · Strong Verbal and Written Communication Skills · ...
1 week ago
Hanover Marine is seeking a Sr. Underwriter to join our growing team in our Itasca, Illinois office. This is a full time, exempt role. This is a hybrid opportunity. · We encourage all Inland Marine Underwriting professionals looking to join a dynamic & collaborative team to apply ...
1 day ago
For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters the most. We live our values every day demonstrating we CARE through our values sustainability initiatives and inclusive corporate culture. · ...
2 weeks ago
As an Inland Marine Underwriter on the GRS Inland Marine team, you will underwrite a diversified book of inland marine with a focus on Builder's Risk and Construction Property. · ...
1 month ago
We are seeking a highly skilled and motivated Senior Inland Marine Underwriter to join our dynamic team. · In this pivotal role, you will leverage your deep industry expertise to underwrite complex inland marine risks, drive profitable growth, and deliver exceptional service to ...
1 month ago
As an Underwriting Assistant you will support the Underwriting team and act as the owner and principal facilitator of assigned accounts. The Underwriting Assistant will perform front-to-end activities throughout the life cycle of renewal and prospect accounts from submission to e ...
1 day ago
We are seeking a Senior Lead Inland Marine to support our team in achieving profitable growth by providing underwriting advice, technical support, and training to develop individuals within the team. · Contribute to the achievement of operational objectives for the underwriting f ...
2 weeks ago
Argo Group currently has a challenging opportunity for a Senior Underwriter in their Inland Marine line of business. · ...
1 week ago
Westchester seeks a Senior Inland Marine Underwriter to join its dynamic team. The role involves underwriting complex inland marine risks and delivering exceptional service to clients and broker partners. · ...
3 weeks ago
As an Underwriting Assistant you will support the Underwriting team and act as the owner and principal facilitator of assigned accounts. · ...
3 weeks ago
The Underwriting Assistant will support the Underwriting team and act as the owner and principal facilitator of assigned accounts. The underwriter will perform front-to-end activities throughout the life cycle of renewal and prospect accounts from submission to expiration with Un ...
3 weeks ago
We are seeking a skilled Senior Underwriter to join our Inland Marine team and take ownership of a growing book of business. This role focuses on underwriting and managing risks across key Inland Marine lines., · Build a profitable and diverse book of Inland Marine business with ...
1 month ago
We are seeking an experienced AVP, Underwriting to lead the development and profitable growth of an Inland Marine portfolio. · ...
1 month ago
We are seeking an experienced AVP, Underwriting to lead the development and profitable growth of an Inland Marine portfolio.This role focuses on key lines including Contractors Block (Property Package), Contractors Equipment, Installation Floater, and other Inland Marine segments ...
1 month ago
Your Team · Allianz Commercial (AzC) is one of the largest marine insurers in the world and is a leader in inland marine insurance and related property coverage across North America and various worldwide locations. · ...
1 month ago
Join our team as an Actuarial Intern and gain hands-on experience in the field of actuarial science. · ...
1 week ago
· Company Details · Berkley Fire & Marine Underwriters was launched in 2013 and is a W. R. Berkley operating unit offering preferred inland marine and related property risks and services. Headquartered in Chicago, Berkley Fire & Marine Underwriters serves customers throughout th ...
1 day ago