Senior Production Underwriter - Excess & Umbrella

Great American Insurance Company•Orange, CA

1d•Hybrid

About The Position

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 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. The Excess Liability Division is currently searching for an experienced Senior Production Underwriter, Production Underwriting Specialist or Senior Production Underwriting Specialist to join our Excess Liability team. This individual will work a hybrid (4 days in office) schedule out of our Orange, CA office.

Requirements

Bachelor’s Degree or equivalent experience is preferred.
Generally, 5-10+ years of casualty underwriting experience is required.
Senior Production Underwriter: Generally, 5-7 years of casualty underwriting experience.
Production Underwriting Specialist: Generally, 7-9 years of casualty underwriting experience.
Senior Production Underwriting Specialist: Generally, 10+ years of casualty underwriting experience.
Umbrella and Excess Casualty underwriting experience is highly desired.
Effective communication and negotiation skills to build and leverage excellent customer relationships and to successfully market products and services.
Position requires active agent engagement and some travel.
Overnight travel may be warranted (generally less than 10% overnight).

Responsibilities

Evaluates and underwrites new and renewal excess and lead umbrella 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.
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.