Transactional Financial Products Underwriter

Great American Insurance Group•Schaumburg, IL

1d•Hybrid

About The Position

Working for a leader in the insurance industry, Great American Insurance Group's member companies are subsidiaries of American Financial Group. They combine a "small company" culture where ideas are heard with "big company" expertise. With over 30 specialty and property and casualty operations, there are always opportunities to learn and grow. Great American values and recognizes the benefits derived when people with different backgrounds and experiences work together, aiming to create a workplace where all employees feel included, empowered, and enabled to perform at their best. The 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. This specific role is for a Transactional Financial Products Underwriter to underwrite for the 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 in the Schaumburg, IL office, with the flexibility to work one day remotely. The job title and job grade will depend on the successful applicant's level of experience. Great American Insurance Group is an organization built for the long term, committed to financial strength, and has been trusted for nearly 150 years to protect Americans with innovative insurance solutions and specialization in niche marketplaces. The company has more than 8,500 employees.

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.
Must be open to overnight travel.

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

Competitive benefits packages for full-time and part-time employees.
Medical coverage (for full-time employees).
Dental coverage (for full-time employees).
Vision coverage (for full-time employees).
Wellness plans (for full-time employees).
Parental leave (for full-time employees).
Adoption assistance (for full-time employees).
Tuition reimbursement (for full-time employees).
Paid Time Off (for full-time and eligible part-time employees).
Paid holidays (for full-time and eligible part-time employees).
401(k) plan with company match (for full-time and eligible part-time employees).
Employee stock purchase plan (for full-time and eligible part-time employees).
Commuter benefits (for full-time and eligible part-time employees).