Senior Production Underwriting Specialist - Excess Casualty

Great American Insurance Group; Chicago (IL); On-site; USD 160,000 - 200,000; Full time

Job summary

An established industry player is seeking an experienced Production Underwriter to join their dynamic team in Chicago. This role offers the chance to work within the Excess Liability Division, specializing in providing tailored coverage for corporate clients. You will analyze risk data, identify growth opportunities, and maintain strong relationships with distribution partners. The company promotes a culture of diversity and inclusion, ensuring that all employees feel empowered to succeed. With a competitive salary range and a comprehensive benefits package, this is a fantastic opportunity for professionals looking to make an impact in the insurance industry.

Benefits

Medical plans

Dental plans

Vision plans

Paid Time Off

Paid holidays

Commuter benefits

Employee stock purchase plan

Education reimbursement

Paid parental leave

401(k) plan with company match

Qualifications

• 10+ years of casualty underwriting experience is required.
• Excess casualty underwriting experience is required.

Responsibilities

• Analyzes financial and risk data of proposed insureds to identify hazards.
• Develops working relationships with assigned agencies within the territory.

Skills

Excellent written communication skills

Excellent verbal communication skills

Analytical skills

Relationship management

Education

Bachelor’s Degree in Finance

Bachelor’s Degree in Economics

Bachelor’s Degree in Accounting

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 diversity and recognize the benefits gained when people from different cultures, backgrounds and experiences work collaboratively to achieve business results. We are intentionally focused on fostering an inclusive culture and know valuing diversity is an essential leadership quality. Our goal is to create a workplace where all employees feel included, empowered and enabled to perform at their best.

Great American's Excess Liability Division specializes in offering large limits of liability to protect its clients' corporate assets from catastrophic loss. The Division can tailor coverages to meet specific individual exposures and provide a customized Excess program. The Excess Liability Division is staffed with an energetic team of true professionals empowered to respond quickly, decisively, and enthusiastically.

The Excess Liability Division is currently searching for an experienced Production Underwriter to join our Midwest Excess Liability team in Chicago. The business unit strategically solicits Middle Market to National commercial risks from a producer base that spans the United States.

Essential Job Functions and Responsibilities

• Analyzes financial and risk data of proposed insureds to identify hazards and exposures.
• Identifies growth opportunities with key distribution partners.
• Determines appropriate recommendations subject to our management and underwriting guidelines.
• Ensures that effective business relationships with internal and external customers/coworkers are developed and maintained to attract and retain profitable business.
• Develops working relationships with assigned agencies within the assigned territory.
• Ensures the delivery, follow-up, and servicing requirements of all quotes on new and renewal accounts.
• Develops retail agency plant within the assigned territory.

Job Requirements

• Bachelor’s Degree in Finance, Economics, Accounting, or a related field is preferred.
• Generally, 10+ years of casualty underwriting experience is required.
• Excess casualty underwriting experience is required, and umbrella experience is preferred.
• Must have excellent written and verbal communication skills.
• Position requires regular travel in territory including overnight travel.

The pay range for this position is $160k-$200K+ depending on each candidate's background, experiences, and skills. Job title will also vary on background, experience, and skills. Possible job titles include: Divisional Assistant Vice President, Master Production Underwriter, Production Underwriting Specialist, etc.

Business Unit:

Excess Liability

Salary Range:

$160,000.00 - $200,000.00

Benefits:

Compensation varies by role, position level, and location. Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs.

We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one, PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match. These benefits are available to eligible full-time and part-time employees.

Your recruiter can provide more details about our total rewards and specific compensation ranges during the hiring process.