P&C Underwriting Specialist

Summit Consulting; Shaker Heights, Northern (OH, KY); On-site; USD 110,000 - 160,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

Wellness programs

Parental leave and adoption assistance

Tuition reimbursement

401(k) with company match

Employee stock purchase plan

Commuter benefits

Paid time off and holidays

Job summary

Great American Insurance Group's ABA Insurance Services unit in Shaker Heights, OH is hiring an experienced Underwriting Specialist to manage new and renewal underwritten business for financial institutions. The role combines on-site collaboration with one remote day, requiring strong underwriting discipline and risk assessment.

You will develop risk models, verify compliance, and build robust relationships with agents while traveling ~10% of the time.

Qualifications

• Bachelor's Degree or equivalent experience in Business, Liberal Arts or 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.

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.
• 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.

Skills

Underwriting

Communication

Relationship building

Microsoft Office

Travel

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. Great American Insurance Group understands the importance of choosing a financially strong company. We are an organization built for the long term and are committed to giving you that strength.

Why can you trust Great American Insurance Group?

For nearly 150 years, Americans have trusted us to protect them. Our innovative insurance solutions and specialization serves niche marketplaces that we know well. This expertise gives us a successful foundation that spans generations. You never know where a career in insurance will take you. Whether you are starting your career or are looking for a company to grow your experience, at Great American Insurance Group, you can join our more than 8,500 employees to \"Be Here. Be GREAT!\" To learn more, visit our Career Page