Marsh & McLennan Residential Portfolio Underwriter in Broomfield, Colorado

At ICAT, we have a single goal: help business owners and homeowners recover from a disaster.

Since 1998, ICAT has provided catastrophe insurance coverage to home and business owners throughout the United States. From day one through today, we remain a highly specialized, disciplined underwriter of catastrophe property insurance risk.

ICAT has over 200 employees and serves more than 65,000 customers in 42 states through its online quoting system, and through traditional broker submissions. The ICAT brand offers the promise of "Security, Service, Recovery" to policyholders and brokers in providing insurance solutions to protect against natural catastrophe events. ICAT continues to expand through new products such as its Residential Earthquake product in California, which helps homeowners protect their largest asset in the event of an earthquake.

ICAT underwrites on behalf of a diverse line up of strong carrier partners and Lloyd's of London syndicates. Claims administration services are provided by ICAT's sister company Boulder Claims. Boulder Claims was founded in 2005 and in its short history has successfully adjusted and settled over 23,000 claims, including claims from Hurricanes Charley, Frances, Ivan, Jeanne, Katrina, Rita, Wilma, Dolly, Gustav and Ike. ICAT is based in Broomfield, CO with additional offices in Tampa and Honolulu.

ICAT is owned by The Schinnerer Group. The Schinnerer Group is one of the largest and most experienced underwriting managers of specialty insurance programs in the world. The Schinnerer Group includes Victor O. Schinnerer & Company and ICAT in the United States, ENCON in Canada and other MGA enterprises globally. For more information on ICAT, visit us at:

Position Summary:

As a member of ICAT’s Residential Property Underwriting group, the Residential Portfolio Underwriter is responsible for analyzing catastrophic modeling influences, and supporting underwriting, pricing, business planning, capital setting, and risk management processes. The Residential Portfolio Underwriter will have Assistant State Manager responsibilities surrounding production and profitability with authority limits up to $15M in values.


To perform this job successfully, an individual must be able to perform each essential responsibility satisfactorily.

  • Underwriting and Pricing

  • Evaluate, classify, and rate referral accounts to determine acceptability, coverage, and technical pricing.

  • Work with legal, claims, and other ICAT departments to develop forms and other product enhancements.

  • Manage and apply product updates to ICAT Homeowners Underwriting Guidelines.

  • Monitor key metrics such as new business hit ratio, loss ratio, renewal retention ratio, and premium growth, and develop corrective action as necessary.

  • Relationship management

  • Develop and execute strategy to drive new and renewal business, including in-person visits, email/phone communication, and distribution of marketing materials for external company partners.

  • Develop, drive and support customer relationships by understanding and meeting client needs.

  • Understanding of regional market and competitive landscape.

  • Audit

  • Liaison to external partners to set up and conduct off-site audits.

  • Create post-audit write-ups with underwriting and operational recommendations; monitor and manage audit results to improve underwriting and operational results.

  • Additional Responsibilities

  • Maintain knowledge of and support ICAT’s company values and strategic plan.

  • Sit or stand and work at a computer keyboard for extended periods of time.

  • Stoop, kneel, bend at the waist and reach.

  • Work is generally scheduled Monday through Friday with some evening, weekend and holiday hours.

  • Perform general office administrative activities, including copying, filing and using the phone.

  • Able to lift up to 25 pounds occasionally.

  • Additional duties as assigned.


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

  • 1-3 years of multi-peril underwriting experience, excess & surplus experience preferred.

  • Analytical aptitude.

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

  • Strong proficiency in Microsoft Office applications, specifically Word, Excel and Outlook.

  • Professional presence. Ability to effectively navigate and negotiate situationally.

  • Ability to understand, gather, report and act on appropriate market information and trends.

  • Work toward CPCU, AINS, CIC, ASLI or comparable designations preferred

  • Travel up to 25%.