Associate Underwriter

Great American Insurance Group; Glen Allen (VA); On-site; USD 46,000 - 62,000; Full time

Benefits offered by this job

Medical, dental, vision

401(k) plan with company match

Paid time off

Commuter benefits

Tuition reimbursement

Job summary

Great American Insurance Group's Public Sector Division seeks an underwriter to review applications, gather information with brokers, and assess risk for municipal, educational, and local government entities. The role supports policy issuance and renewals within authority limits.

The ideal candidate holds an associate degree in business/finance or related field (or equivalent experience) and works under supervision with standard procedures to ensure accurate underwriting and filing.

Qualifications

• Education: Associates Degree in Business, Finance, or a related field or equivalent experience.
• Scope of Job/Qualifications: Performs work under close supervision and technical direction. Performs standard duties utilizing often-complex processes/procedures on assignments of a routine nature. Possesses procedural knowledge and skills that enable task accomplishment. Demonstrates working knowledge of coverage and forms, provisions for policies written within the assigned territory/unit, workflow and systems. Foundational written and verbal skills. Works within standard, established authority limits.

Responsibilities

• Assists in the review and evaluation of applications, ensuring they align with Company policies and underwriting guidelines.
• Works closely with underwriters and brokers/agents to gather additional information and clarify application details.
• Reviews relevant data, including financial statements, property valuations, and loss histories to assist with risk assessment.
• Assists in maintaining underwriting files, ensuring all documents and approvals are properly filed.
• Compiles reports on risk evaluations, policy statuses, and portfolio performance for underwriters and management.
• May underwrite new and renewal policy transactions within written authority.
• May enter policy information on an assigned product, territory and / or agency in accordance with template rules.
• Proofs / audits policy information on an assigned product, territory, and/or agency(ies).
• Assists with reviewing premium and loss data on an individual account as part of renewal underwriting, change underwriting, or mid-term underwriting.
• Orders and reviews required reports, endorsement requests, service requests, and general correspondence.
• Research and may respond to questions from brokers/agents.
• Provides information to Processing that is needed to issue policies and endorsements on a timely basis. May issue, process or code transactions.
• Performs other duties as assigned.

Education

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

Job description

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 and 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.

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.

Great American Insurance Group's Public Sector Division provides customized insurance programs that meet the unique risk management needs of local, county and state governments, education organizations and special service districts, housing departments or other entities designed to serve the general public. The targeted classes within these public entities include municipalities, public schools, community colleges and counties.

Great American offers coverage in the reinsurance and excess insurance markets through Pools, Trusts, Joint Powers Authorities, Reciprocals, Mutuals, Captives and Individual Risks in the public entity space.

Essential Job Functions And Responsibilities

• Assists in the review and evaluation of applications, ensuring they align with Company policies and underwriting guidelines.
• Works closely with underwriters and brokers/agents to gather additional information and clarify application details.
• Reviews relevant data, including financial statements, property valuations, and loss histories to assist with risk assessment.
• Assists in maintaining underwriting files, ensuring all documents and approvals are properly filed.
• Compiles reports on risk evaluations, policy statuses, and portfolio performance for underwriters and management.
• May underwrite new and renewal policy transactions within written authority.
  • May enter policy information on an assigned product, territory and / or agency in accordance with template rules.
  • Proofs / audits policy information on an assigned product, territory, and/or agency(ies).
  • Assists with reviewing premium and loss data on an individual account as part of renewal underwriting, change underwriting, or mid-term underwriting.
• Orders and reviews required reports, endorsement requests, service requests, and general correspondence.
• Research and may respond to questions from brokers/agents.
• Provides information to Processing that is needed to issue policies and endorsements on a timely basis. May issue, process or code transactions.
• Performs other duties as assigned.

Job Requirements

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

Scope of Job/Qualifications: Performs work under close supervision and technical direction. Performs standard duties utilizing often-complex processes/procedures on assignments of a routine nature. Possesses procedural knowledge and skills that enable task accomplishment. Demonstrates working knowledge of coverage and forms, provisions for policies written within the assigned territory/unit, workflow and systems. Foundational written and verbal skills. Works within standard, established authority limits.

Business Unit

Public Sector

Salary Range

$21.92 -$30.00

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.