Senior Production Underwriting Specialist

Great American Insurance Group

$142K — $190K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business, Marketing, Economics, Risk Management and Insurance, or related field.
  • Minimum of 10 years of experience in commercial underwriting; property expertise preferred.
  • Recognized as a senior resource within the Underwriting team, providing technical advice.
  • Ability to travel up to 15% for business needs.

Responsibilities

  • Lead evaluation and underwriting of new and renewal business in accordance with company guidelines.
  • Analyze complex risk data for coverage, pricing, and terms decisions.
  • Collaborate with actuaries, agents, brokers, and clients to gather needed information.
  • Procure and analyze supplementary reports to support underwriting decisions.
  • Document underwriting decisions and ensure compliance with regulations.
  • Evaluate complex policy renewals, identifying enhancement and risk mitigation opportunities.
  • Communicate underwriting strategies and decisions to internal teams and external partners.
  • Stay informed on industry trends and regulatory changes.

Benefits

  • Access to medical, dental, and vision coverage.
  • Wellness plans, parental leave, and adoption assistance.
  • Tuition reimbursement for continuing education.
  • Paid Time Off (PTO) and paid holidays.
  • 401(k) plan with company match and employee stock purchase plan.
  • Commuter benefits for eligible employees.
Full Job Description

This position is not eligible for employment visa sponsorship. Applicants must be authorized to work in the United States without the need for current or future sponsorship.

Alternative Markets specialized in mono-line and/or multi-line primary programs on either a traditional guaranteed cost (Specialty Programs) or risk-sharing basis (Agency, Association or Group Captives). Alternative Markets focuses on niche programs.

Our Alternative Markets Division is looking for a Senior Production Underwriting Specialist to join our Cincinnati, OH or Windsor, CT office. Great American27s culture is built on connection, shared learning, and strong relationships. To support this, employees in this role are expected to be on-site four days a week, with the flexibility to work one day remotely. Core in-office days are Tuesday26ndash;Thursday, with the fourth day determined by business needs.

Essential Job Functions and Responsibilities

  • Leads the evaluation and underwriting of new and renewal business, ensuring alignment with Company underwriting guidelines and risk appetite.

  • Analyzes complex risk data to make informed decisions on coverage, pricing, and terms.

  • Collaborates with actuaries, agents, brokers, and clients to obtain necessary information and provide guidance.

  • Procures and analyzes supplementary reports and screenings, such as motor vehicle reports, loss history reports, and external inspections, to support underwriting decisions.

  • Ensures proper documentation of underwriting decisions and compliance with state and federal insurance regulations.

  • Evaluates complex policy renewals and modifications, identifying opportunities for policy enhancements and risk mitigation.

  • Communicates underwriting strategies and decisions effectively to internal teams, agents, and brokers.

  • Stays updated on industry trends, regulatory changes, and market conditions.

  • Maintains effective business relationships with internal and external customers/coworkers, focusing on generating new business and retaining profitable business.

  • Interprets, explains, and promotes products and services to drive market growth.

  • Leads the development and execution of comprehensive marketing strategies to effectively promote the company27s products to brokers and agents.

  • Analyzes market trends and competitive landscape to identify strategic opportunities for product enhancements and innovative marketing approaches.

  • Leads marketing initiatives, including presentations, industry events, and broker/agent meetings, to showcase the company27s products and services.

  • Monitors and evaluates underwriting and marketing practices, assisting with implementing strategic adjustments to improve overall effectiveness and outcomes.

  • May have responsibility for mentoring newer staff members.

  • Performs other duties as assigned.

Job Requirements

  • Bachelor27s Degree in Business, Marketing, Economics, Risk Management and Insurance, or a related field or equivalent experience.

  • Generally, a minimum of 10 years of experience in commercial underwriting. Property expertise is preferred.

  • Viewed as a senior resource on the Underwriting team. Provides technical advice and support to lower-level positions.

  • Position requires up to 15% travel.

Business Unit:

Alternative Markets


Salary Range:

$142,000.00 -$190,000.00

Benefits:

We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.

Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at http://www.gaig.com/careers.

*Excludes seasonal employees and interns.

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