Senior Production Underwriter-Property & Inland Marine Division

Apply Now

Company: Great American Insurance Group

Location: Parsippany, NJ 07054

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 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.

Great American is one of the few carriers with a dedicated Property & Inland Marine Division and, in the industry segments it covers, with expertise second to none. From the underwriters to claims representatives, the focus is strictly on property and inland marine coverages. They are dedicated to writing only these coverages, which include: Commercial Property Coverage, Inland Marine Coverage, Builder's Risk, Contractor's Equipment and Motor Truck Cargo. They specialize in the construction, energy & renewables, and transportation industries.

https://www.greatamericaninsurancegroup.com/about-us/business-operations/division/property-inland-marine

Our Property & Inland Marine Division is looking for a Senior Production Underwriter to join their team. The ideal candidate would be able to work a hybrid schedule out of Syracuse, NY office OR our Parsippany, NJ office.

Essential Job Functions and Responsibilities
  • Evaluates and underwrites new and renewal business in accordance with Company underwriting guidelines and risk appetite.
  • Analyzes risk data to make informed decisions on coverage, pricing, and terms.
  • Collaborates with actuaries, agents, brokers, and clients to obtain necessary information and clarify details.
  • Orders and evaluates additional reports and screens, such as motor vehicle reports, loss history reports, outside inspections, etc., to inform decisions.
  • Ensures proper documentation of underwriting decisions and compliance with state and federal insurance regulations.
  • Evaluates existing policies for potential renewal or modification.
  • Communicates underwriting decisions clearly and effectively to internal teams, agents, and brokers.
  • Stays updated on industry trends, regulatory changes, and market conditions.
  • Develops and 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.
  • Leverages advanced marketing techniques to interpret, explain, and promote the Company's products to brokers and agents.
  • Monitors market trends and competition to identify opportunities for product enhancements and marketing strategies.
  • Organizes and participates in marketing initiatives, including presentations, industry events, and broker/agent meetings to showcase products and services.
  • Performs other duties as assigned.

Job Requirements
  • Education: Bachelor's Degree in Business, Marketing, Economics, Risk Management and Insurance, or a related field or equivalent experience.
  • Experience: Generally, a minimum of 5 years of experience in Underwriting or a related field. Continuing progress toward and/or 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), Associate of Risk Management (ARM), or a marketing designation. Familiarity with digital marketing strategies and tools is beneficial.
  • Scope of Job/Qualifications: Performs work under general supervision and technical direction. Familiar with moderately complex concepts, practices and procedures. Works with authority on assignments of moderate technical complexity. Maintains strong knowledge of company policies and industry laws and regulations. Excellent interpersonal and communication skills. Demonstrates strong analytical skills with attention to detail. Strong negotiation and decision-making ability. Position requires occasional travel.


Business Unit:
Property Inland Marine

Salary Range:
$97,000.00 -$120,000.00

Benefits:

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 leave/adoption 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.

Similar Jobs