Senior Production Underwriting Specialist

Summit Consulting; Windsor (CT); Hybrid; USD 142,000 - 190,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

Wellness programs

Parental leave

Adoption assistance

Tuition reimbursement

Paid time off & holidays

401(k) with company match

Employee stock purchase plan

Commuter benefits

Job summary

Great American Insurance Group is seeking a Senior Production Underwriting Specialist for its Alternative Markets division, with offices in Cincinnati, OH or Windsor, CT. The role requires on-site work four days a week, with one day optional remote, and a strong focus on underwriting new and renewal business.

You will analyze complex risk data, collaborate with actuaries and brokers, and lead marketing initiatives to promote products to agents and brokers.

Qualifications

• Bachelor’s degree or equivalent experience in a related field.
• Generally, 10+ years of experience in commercial underwriting.
• Property underwriting expertise preferred.
• Senior resource capable of technical advice to junior staff.

Responsibilities

• Leads the evaluation and underwriting of new and renewal business.
• Analyzes risk data to determine coverage, pricing and terms.
• Collaborates with actuaries, agents, brokers and clients.
• Obtains motor vehicle history, loss history and inspections to support decisions.
• Ensures documentation and regulatory compliance for underwriting decisions.
• Mentors newer staff and supports team development.

Skills

Commercial underwriting

Mentoring

Communication

Marketing strategy

Education

Bachelor’s Degree in Business, Marketing, Economics, Risk Management and Insurance, or a related field

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-marketsOur 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 ResponsibilitiesLeads 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 RequirementsBachelor’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 MarketsSalary Range:$142,000.00 -$190,000.00Benefits: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.