Transactional Financial Products Underwriter

Great American Insurance CompanySchaumburg, IL
Hybrid

About The Position

Great American Insurance Group's Executive Liability Division underwrites Directors’ and Officers’ Liability Insurance, Employment Practices Liability Insurance, and Fiduciary Liability Insurance for public, private and not-for-profit companies. We are looking for a Transactional Financial Products Underwriter to underwrite for our Employment Practices Liability Insurance (EPL) team. Great American’s culture is built on connection, shared learning, and strong relationships. Employees in this role are expected to be on-site four days a week, with the flexibility to work one day remotely. The position will be in our Schaumburg, IL office and job title and job grade will depend on the successful applicant's level of experience.

Requirements

  • Prior experience is not required.
  • High level of organizational and time management skills.
  • Ability to establish priorities and meet deadlines.
  • Strong verbal and written communication skills in order to leverage broker relationships, and for marketing products and services.
  • Able to work autonomously.

Nice To Haves

  • Bachelor’s or associate’s degree preferred but not required.

Responsibilities

  • Underwrites and services existing small to mid-size financial product accounts.
  • Prices business in alignment with company guidelines and profitability targets.
  • Determines terms including limits, deductibles, coverage options, and conditions.
  • Maintains and monitors accounts using underwriting systems and tools.
  • Builds and maintains effective relationships with internal and external stakeholders to drive retention and growth.
  • Performs other duties as assigned.

Benefits

  • medical, dental, and vision coverage
  • wellness plans
  • parental leave
  • adoption assistance
  • tuition reimbursement
  • Paid Time Off
  • paid holidays
  • a 401(k) plan with company match
  • an employee stock purchase plan
  • commuter benefits

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What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Education Level

Associate degree

Number of Employees

1,001-5,000 employees

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