Senior Associate Underwriter - Commercial

Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group’s member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty property and casualty operations, there are always opportunities here to learn and grow.

At Great American, we value and recognize the benefits derived when people with different backgrounds and experiences work together to achieve business results. Our goal is to create a workplace where all employees feel included, empowered and enabled to perform at their best.

Great American Custom, an underwriting division of Great American Insurance Group, dedicates itself to serving client needs and delivering outstanding service. We have made a name for ourselves as a full-service underwriting organization focused on long-term client relationships and customized business solutions. We specialize in providing primary casualty products as well as umbrella and capacity excess products that meet the needs of the commercial market. Our policy holders range from small businesses to complex multi-national corporations and Fortune 1000 accounts.

Essential Job Functions and Responsibilities

• Conducts comprehensive reviews and evaluations of underwriting applications, ensuring they align with Company policies and underwriting guidelines.

• Collaborates with underwriters and brokers/agents to obtain additional information and clarify application details.

• Analyzes relevant data, including financial statements, property valuations, and loss histories to assess risk exposure.

• Prepares and maintains underwriting files, ensuring all documents and approvals are properly filed.

• Compiles reports on risk evaluations, policy statuses, and portfolio performance for underwriters and management.

• Underwrites new and renewal policy transactions within written authority.

  • Enters and audits policy information on an assigned product, territory and / or agency in accordance with template rules.

  • Reviews premium and loss data on an individual account as part of renewal underwriting, change underwriting, or mid-term underwriting.

• Orders, evaluates, and takes appropriate action on required reports, endorsement requests, service requests, and general correspondence.

• Research and respond to complex questions from brokers/agents.

• Responsible for providing information to Processing that is needed to issue policies and endorsements on a timely basis. May issue, process or code transactions.

  • Monitors entry / processing to ensure data integrity and to avoid potential systemic issues.

• Participates in various departmental initiatives, including updates and enhancements to forms and interfaces, conducting user acceptance testing for systems and policies, and evaluating the impact on existing policies and practices.

• May provide guidance to less experienced staff and serve as a resource to other functional areas.

• Performs other duties as assigned. 

Job Requirements

• Associates Degree in Business, Finance, or a related field or equivalent experience.

• Minimum of 10 years of experience in Underwriting in Primary and/or Excess Casualty experience specific to E&S (excess and surplus lines) / Wholesale.

• Performs work under limited supervision and works within broader, established authority limits.  

• Performs specialized duties utilizing often-complex processes/procedures on a variety of assignments. Utilizes advanced procedural knowledge, skills, and experience to accomplish work.

• Demonstrates advanced knowledge of coverage and forms, provisions for policies written within the assigned territory/unit, workflow and systems.

• Strong written and verbal skills, analytical skills with attention to detail.

Salary for this position is $61.2K-$95.2K. Compensation for roles is influenced by a variety of factors, including but not limited to the specific office location, role, skill set, and level of experience. We encourage candidates with salary expectations beyond the range provided to apply as they will be considered based on their experience, skill, and education.

Company:

GAIC Great American Insurance Company

Salary Range:

$52,200.00 -$57,900.00

Benefits:

We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical,