Commercial Senior Associate Underwriter
Great American Insurance Group - Malvern, PA
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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 property and casualty operations, there are always opportunities here to learn and grow.At Great American and Great American Custom, we value the unique perspective each of our employees bring to the workplace. We know that when people with different cultures, backgrounds and experiences work collaboratively, we can exceed our business objectives. We are dedicated to attracting, developing and retaining a diverse workforce that fosters creativity and enables our ongoing success.Great American Custom, an underwriting division of Great American Insurance Group, dedicates itself to serving client needs and delivering outstanding service. We have made a name for ourselves as a full-service underwriting organization focused on long-term client relationships and customized business solutions. We specialize in providing primary casualty products as well as umbrella and capacity excess products that meet the needs of the commercial market. Our policy holders range from small businesses to complex multi-national corporations and Fortune 1000 accounts.Essential Job Functions and ResponsibilitiesConducts comprehensive reviews and evaluations of underwriting applications, ensuring they align with Company policies and underwriting guidelines.Collaborates with underwriters and brokersagents to obtain additional information and clarify application details.Analyzes relevant data, including financial statements, property valuations, and loss histories to assess risk exposure.Prepares and maintains underwriting files, ensuring all documents and approvals are properly piles reports on risk evaluations, policy statuses, and portfolio performance for underwriters and management.Underwrites new and renewal policy transactions within written authority.Enters and audits policy information on an assigned product, territory and or agency in accordance with template rules.Reviews premium and loss data on an individual account as part of renewal underwriting, change underwriting, or mid-term underwriting.Orders, evaluates, and takes appropriate action on required reports, endorsement requests, service requests, and general correspondence.Research and respond to complex questions from brokersagents.Responsible for providing information to Processing that is needed to issue policies and endorsements on a timely basis. May issue, process or code transactions.Monitors entry processing to ensure data integrity and to avoid potential systemic issues.Participates in various departmental initiatives, including updates and enhancements to forms and interfaces, conducting user acceptance testing for systems and policies, and evaluating the impact on existing policies and practices.May provide guidance to less experienced staff and serve as a resource to other functional areas.Performs other duties as assigned. Job RequirementsEducation: Associates Degree in Business, Finance, or a related field or equivalent experience.Experience: Generally, a minimum of 10 years of experience in Underwriting or a related field. Beginning or continuing progress toward andor the completion of 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).Scope of JobQualifications: Performs work under limited supervision. Performs specialized duties utilizing often-complex processesprocedures on a variety of assignments. Utilizes advanced procedural knowledge, skills, and experience to accomplish work. Demonstrates advanced knowledge of coverage and forms, provisions for policies written within the assigned territoryunit, workflow and systems. Strong written and verbal skills. Developing analytical skills with attention to detail. Works within broader, established authority limits. Viewed as a resource within the Associate Underwriting team. Provides technical advice and support to lower-level positions.Job is non-exempt in pany:GAIC Great American Insurance CompanyBenefits: 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 leaveadoption 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.
Created: 2025-03-03