Senior Production Underwriting Specialist - Excess/Umbrella

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.

The Excess Liability Division specializes in offering large limits of liability to protect its clients' corporate assets from catastrophic loss. The Division offers significant capacity of up to $20 million dollars for both Lead Umbrella and Excess Liability placements. This protection is made available to companies varying in size from single location light hazard risks to a wide variety of more difficult to place manufacturers and processors.

https://www.greatamericaninsurancegroup.com/about-us/business-operations/division/excess-liability

The Excess Liability Division is currently searching for a Senior Production Underwriting Specialist or an AVP of Underwriting to join our Excess Liability team. This individual will work a hybrid schedule (4 days in office, 1 day WFH) out of the Dallas, TX office OR fully remote if they reside outside of the Dallas area. We are open to candidates who reside in Texas, Oklahoma, or Mississippi.

The underwriter will primarily be handling Lead Umbrella and Excess Liability risks in manufacturing, contracting, retail service and distribution. The business unit strategically solicits Middle Market to National commercial risks from a producer base that spans the United States.

Essential Job Functions and Responsibilities

• Responsible for leading the evaluation and underwriting of new and renewal business, ensuring alignment with Company underwriting guidelines and risk appetite.

• Analyzes and evaluates complex risk data to make informed decisions on coverage, pricing, and terms.

• Fosters strategic partnerships with claims, agents, brokers, and clients to obtain necessary information and provide guidance.

• Procures and analyzes supplementary reports and screenings, such as Safer-SMS 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.

• Monitors and shares insights 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.

• Responsible for explaining and promoting products and services to drive market growth.

• Oversees 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 and makes recommendations for product enhancements and innovative marketing approaches.

• Responsible for leading marketing initiatives, including presentations, industry events, and broker/agent meetings, to showcase the company’s products and services.

• Responsible for evaluating underwriting and marketing practices, 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.

Job Requirements

• Bachelor’s Degree or equivalent experience.

• Generally, a minimum of 13 years of experience in Underwriting or a related field.

• Excess and umbrella underwriting experience preferred.

• Completion of or continuing progress toward a professional designation preferred.

• Effective communication and negotiation skills to build and leverage excellent customer relationships and to successfully market products and services.

• Position requires frequent day and overnight travel, more than 10% but less than 50% of time to visits agents and brokers.

Business Unit:

Salary Range:

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.