Senior Underwriting Specialist

Summit; Kentucky; Hybrid; USD 63,000 - 95,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

Paid time off and holidays

401(k) with company match

Commuter benefits

Job summary

SCI Summit Consulting, LLC seeks an experienced Underwriter to evaluate and underwrite new and renewal business, develop risk assessment models, and collaborate with actuaries, agents, and clients to guide coverage decisions. The role requires strong interpersonal, analytical, and negotiation skills and may involve staff coaching.

Office-based with on-site expectations, occasional travel, and a focus on staying current with industry regulations and market conditions.

Qualifications

• Bachelor’s degree in Business, Economics, Risk Management and Insurance or related field or equivalent experience.
• Generally, a minimum of 9 years of experience in Underwriting or related field; professional designations preferred such as AU/CPCU/CIC/INS/ARM.
• Excellent interpersonal and communication skills; advanced analytical, risk assessment and problem-solving abilities; strong negotiation and decision-making."

Responsibilities

• Evaluates and underwrites new and renewal business in accordance with underwriting guidelines and risk appetite.
• Develops and implements risk assessment models to inform coverage, pricing and terms.
• Collaborates with actuaries, agents, brokers, and clients to obtain information and provide guidance.
• Processes reports and screenings to support underwriting decisions.
• Ensures documentation of underwriting decisions and compliance with regulations.
• Evaluates complex renewals and modifications for policy enhancements and risk mitigation.
• Communicates underwriting strategies to internal teams, agents and brokers.
• Remains updated on industry trends, regulatory changes and market conditions.
• Maintains relationships with customers and coworkers to generate new business and retain profitable business.
• May supervise staff and participate in talent decisions.

Skills

Interpersonal skills

Communication

Analytical skills

Negotiation

Risk assessment

Education

Bachelor’s Degree in Business/Economics/Risk Management and Insurance

Job description

Company

SCI Summit Consulting, LLC

Summit provides independent insurance agents and their clients with market-leading workers’ comp insurance and elite customer service. We’re growing and currently serve more than 7,000 independent agents and 31,000 policyholders across the South, Midwest, and Mid-Atlantic.

Our strength comes from a single-minded focus on workers’ comp and a commitment to long-term customer relationships. Summit is who you turn to when you need a specialist who not only knows workers’ comp but also gets to know your business and your priorities.

Our field team members are located in every state in which we operate.

Summit is a member of the Great American Insurance Group where our highest goal is for all employees to feel included, respected, and empowered to perform at their best.

Essential Job Functions And Responsibilities

• Evaluates and underwrites new and renewal business in accordance with Company underwriting guidelines and risk appetite.
• Develops and implements risk assessment models 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.
• Monitors and evaluates underwriting practices, assisting with implementing strategic adjustments to improve overall effectiveness and outcomes.
• 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.
• 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.
• The person hired for this position will work out of the Gainesville, GA office.

Job Requirements

Education

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

Experience

Generally, a minimum of 9 years of experience in Underwriting or a related field. Completion of or continuing progress toward a professional designation preferred, such as Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS) or Associate of Risk Management (ARM), or a marketing designation.

Scope of Job/Qualifications

Performs work under limited supervision and technical direction. Works with significant latitude and authority on complex assignments. Maintains advanced knowledge of company policies and industry laws and regulations. Excellent interpersonal and communication skills. Demonstrates advanced analytical, risk assessment, and problem-solving skills. Strong negotiation and decision-making ability. Familiarity with marketing strategies and tools is beneficial. Viewed as a senior resource on the Underwriting team. Provides technical advice and support to lower-level positions. Position requires occasional travel.

Salary Range

$62,700.00 -$94,620.00

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.