Production Underwriter Trainee/Production Underwriter – Ocean Marine

Great American Insurance Company•Seattle, WA

6d•$65,000 - $85,000•Onsite

About The Position

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. Great American has been insuring ocean-related businesses since 1962. For over 50 years, Great American has responded to the special needs of marine-based businesses by developing one of the most extensive selections of Ocean Marine insurance products available from a single carrier. That means the right coverage for every business, from a small resort marina to an ocean-going cargo ship. The Ocean Marine Division's specialized focus enables it to support select customer groups with distinctive offerings like its Vessel Pollution Liability coverage and highly regarded Spill Responder program, which provides a comprehensive suite of clean up and containment services and a comprehensive suite of coverages for marina operators and boat dealers as well as logistics companies and custom house brokers. http://www.greatamericaninsurancegroup.com/about-us/business-operations/division/ocean-marine Our Ocean Marine Division is looking for a Production Underwriter Trainee or Production Underwriter to join their team. This individual will focus on underwriting Hull and Marine Liabilities. This position will be based in our Seattle, WA office.

Requirements

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

Responsibilities

Learns to evaluate and underwrite new and renewal business in accordance with Company underwriting guidelines and risk appetite.
Learns to analyze risk information to make informed decisions on coverage, pricing, and terms.
Participates in collaborating with actuaries, agents, brokers, and clients to obtain necessary information and clarify details.
Assists with ordering additional reports and screens, such as motor vehicle reports, loss history reports, outside inspections, etc., to inform decisions.
Learns how to document underwriting decisions in compliance with state and federal insurance regulations.
Assists with evaluating existing policies for potential renewal or modification.
Participates in communicating underwriting decisions clearly and effectively to internal teams, agents, and brokers.
Develops knowledge of industry trends, regulatory changes, and market conditions.
Develops effective business relationships with internal and external customers/coworkers in order to attract and retain profitable business.
Learns to interpret, explain, and market products and services.
Learns to develop marketing strategies to promote the Company’s products to brokers and agents.
Develops knowledge of market trends and competition to assist with identifying 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.

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.

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