Senior Production Underwriting Specialist

Great American Insurance Group; Ohio; Hybrid; USD 120,000 - 160,000; Full time

Job summary

Great American Insurance Group is seeking a Senior Production Underwriting Specialist to join our Cincinnati, OH or Windsor, CT offices. The role requires on-site work four days a week with one day remote, and involves leading underwriting evaluations for new and renewal business, collaborating with actuaries and brokers, and driving market growth.

Ideal candidates have 10+ years in commercial underwriting, strong leadership, and the ability to mentor junior staff.

Qualifications

• Bachelor's degree or equivalent experience in a related field.
• Generally, a minimum of 10 years of experience in commercial underwriting.
• Viewed as a senior resource on the Underwriting team and provides guidance to lower-level positions.
• Up to 15% travel required.

Responsibilities

• Leads the evaluation and underwriting of new and renewal business in line with guidelines and risk appetite.
• Analyzes complex risk data to determine coverage, pricing, and terms.
• Collaborates with actuaries, agents, brokers, and clients to obtain necessary information and provide guidance.
• Procuries and analyzes supplementary reports to support underwriting decisions.
• Ensures documentation of underwriting decisions and compliance with regulations.
• Evaluates complex renewals and modifications for risk mitigation and enhancements.
• Communicates underwriting strategies to internal teams, agents, and brokers.
• Keeps updated on industry trends, regulatory changes, and market conditions.
• Maintains relationships with customers and coworkers to generate and retain profitable business.
• Leads development and execution of marketing strategies to promote products to brokers and agents.
• Monitors underwriting and marketing practices and supports strategic adjustments.

Skills

Underwriting

Leadership

Mentoring

Education

Bachelor's Degree in Business/Marketing/Economics/Risk Management and Insurance

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.

Alternative Markets specialized in mono-line and/or multi-line primary programs on either a traditional guaranteed cost (Specialty Programs) or risk-sharing basis (Agency, Association or Group Captives). Alternative Markets focuses on niche programs.

https://www.greatamericaninsurancegroup.com/about-us/business-operations/division/alternative-markets

Our Alternative Markets Division is looking for a Senior Production Underwriting Specialist to join our Cincinnati, OH or Windsor, CT 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, with the fourth day determined by business needs.

Essential Job Functions and Responsibilities

• Leads the evaluation and underwriting of new and renewal business, ensuring alignment with Company underwriting guidelines and risk appetite.
• Analyzes complex risk data to make informed decisions on coverage, pricing, and terms.
• Collaborates with actuaries, agents, brokers, and clients to obtain necessary information and provide guidance.
• 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.
• Evaluates complex policy renewals and modifications, identifying opportunities for policy enhancements and risk mitigation.
• Communicates underwriting strategies and decisions effectively to internal teams, agents, and brokers.
• Stays updated on industry trends, regulatory changes, and market conditions.
• Maintains effective business relationships with internal and external customers/coworkers, focusing on generating new business and retaining profitable business.
• Interprets, explains, and promotes products and services to drive market growth.
• Leads the development and execution of comprehensive marketing strategies to effectively promote the company's products to brokers and agents.
• Analyzes market trends and competitive landscape to identify strategic opportunities for product enhancements and innovative marketing approaches.
• Leads marketing initiatives, including presentations, industry events, and broker/agent meetings, to showcase the company's products and services.
• Monitors and evaluates underwriting and marketing practices, assisting with implementing strategic adjustments to improve overall effectiveness and outcomes.
• May have responsibility for mentoring newer staff members.
• Performs other duties as assigned.

Job Requirements

• Bachelor's Degree in Business, Marketing, Economics, Risk Management and Insurance, or a related field or equivalent experience.
• Generally, a minimum of 10 years of experience in commercial underwriting. Property expertise is preferred.
• Viewed as a senior resource on the Underwriting team. Provides technical advice and support to lower-level positions.
• Position requires up to 15% travel.

Business Unit:

Alternative Markets

Salary Range:

$120,000.00 -$160,000.00

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.