Underwriter Development Program - January 2025
Great American Insurance Company - union, KY
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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 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. Are you passionate about continuous learning, growth, networking, and leadership development? If so, Great American has openings in our Underwriter Development Program in our Cincinnati office that may just be what you are looking for! This Program provides a unique learning opportunity where you will spend the first several months training with a variety of subject matter experts in areas of property and casualty insurance. This training will include a broad range of topics from claims, insurance operations, products, and underwriting to help you kickstart your insurance career. Great American's unique company structure of 30+ business units writing niche risks and lines of business provides candidates an opportunity for a broad-based underwriter training program. Underwriter Development Program In our Underwriter Development Program, participants will develop the fundamental skills required of a commercial insurance underwriter. Participants will learn to review and evaluate risks and exposures for various types of commercial risks. They will work closely with experienced underwriters, managers, and line of business experts to learn underwriting and leadership skills. The Program includes hands-on underwriting of various specialty niche exposures, aimed at giving the participant an understanding of the underwriting discipline. A strong interest in continual learning is required as participants will continue to build industry knowledge and keep pace with the constantly evolving insurance industry. After two months of full-time training, the participants are placed in a business unit where they will perform activities related to risk selection/rejection, pricing, retention, growth, and profitability per divisional objectives. This position will begin employment January 2025. Essential Job Functions and Responsibilities Following the formal training program, additional guidance and development will continue as they advance in the following areas: Using independent judgment and initiative to support business goals. Maintaining a high level of customer service. Analyzing coverage and limit requests and to decide what terms to offer. Applying underwriting rules and guidelines, rating manual rules, and insurance laws and regulations. Ordering and evaluating reports import to the rating and underwriting process, such as Motor Vehicle reports, loss history reports, credit checks, outside inspections, loss control, etc. Assessing risk quality and compliance within company guidelines and to initiate appropriate loss prevention actions. Pricing business in accordance with company guidelines. Developing and maintaining effective business relationships with internal and external customers and coworkers. Completing all coursework/education as assigned. Performing other duties as assigned. Qualifications : Bachelor's Degree 3.2 Minimum GPA. Proven leadership skills through extracurricular activities, internships/co-ops, or work experience. Superior verbal/written communication and analytical skills. Business Unit: Property & Casualty Product Data & Compliance Benefits: We offer competitive healthcare, retirement, and paid time off benefits for full-time and part-time benefit eligible employees.
Created: 2024-10-27