P&C Underwriting Specialist

Great American Insurance Group; Shaker Heights (OH); Hybrid; USD 90,000 - 130,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

401(k) plan with company match

Paid time off and holidays

Commuter benefits

Job summary

Great American Insurance Group in Shaker Heights, OH is seeking an Underwriting Specialist or Senior Underwriting Specialist to underwrite new and renewal business for financial institutions. The role is based in our Shaker Heights office with on-site four days a week and one day remote.

You will evaluate risk, develop pricing and terms, maintain documentation, and communicate strategies to internal teams and brokers. Travel about 10% and mentor junior staff as needed.

Qualifications

• Bachelor’s degree or equivalent experience in business, liberal arts, or related discipline.
• Generally, 10 years of underwriting Commercial P&C experience.
• P&C license preferred; must obtain within 6 months of employment.
• Ability to travel about 10% of the time.
• Excellent interpersonal and communication skills.

Responsibilities

• Underwrites new and renewal business for financial institutions per guidelines.
• Develops risk assessment models for coverage, pricing, and terms.
• Communicates underwriting strategies to internal teams, agents, and brokers.
• Maintains documentation and compliance with regulations.
• Builds and maintains relationships with internal and external customers.
• Mentors staff and participates in talent decisions when applicable.

Skills

Communication

Interpersonal skills

Learning software

Education

Bachelor’s degree or equivalent

Tools

Microsoft Office

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. ABA Insurance Services Inc., a division of Great American, has been a long-term, stable source of insurance for banks since 1987. The bank program is a market-leading insurance solution for financial institutions, recognized for its underwriting and claims expertise, and endorsed by the American Bankers Association and 36 state bankers' associations. http://www.greatamericaninsurancegroup.com/about-us/business-operations/division/aba-insurance-services ABA Insurance Services is searching for an Underwriting Specialist or Senior Underwriting Specialist to join our Property & Casualty team. This individual will be underwriting both new and renewal business for financial institutions. This position is based out of the Shaker Heights, OH office. Great American’s 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 Tuesday–Thursday.

Essential Job Functions And Responsibilities

• Evaluates and underwrites new and renewal business in accordance with Company underwriting guidelines and risk appetite.
  • Uses independent judgment and initiative to support business goals.
  • Develops and implements risk assessment models to make informed decisions on coverage, pricing, and terms.
  • Evaluates complex policy renewals and modifications, identifying opportunities for policy enhancements and risk mitigation
  • 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.
• Communicates underwriting strategies and decisions effectively to internal teams, agents, and brokers.
• Stays updated on industry trends, regulatory changes, and market conditions.
• Monitors and evaluates underwriting practices, assisting with implementing strategic adjustments to improve overall effectiveness and outcomes.
• Builds and maintains business relationships with internal and external customers to attract and retain profitable business.
  • Communicates underwriting strategies and decisions effectively to internal teams, agents, and brokers.
  • Develops and strengthens relationships with agents and brokers through proactive phone conversations, clear written communication, and in-person engagement during travel.
• May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports.
• Performs other duties as assigned.

Job Requirements

• Bachelor’s Degree or equivalent experience in Business, Liberal Arts or a related discipline.
• Generally, a minimum of 10 years of experience in Underwriting Commercial P&C lines.
• P&C Insurance License preferred, but not required for hire. Candidates must get their P&C license within their first 6 months of employment.
• Ability to travel approximately 10% of the time.
• Proficient in Microsoft Office Suite and strong ability to learn new software quickly and efficiently.
• Excellent interpersonal and communication skills.

Business Unit

ABA Insurance Services

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.