Senior Production Underwriter - Excess/Umbrella
Great American Insurance Group · Dallas, TX · 2 mo ago
FinanceFull-time
About the role
Joining Great American Insurance Group's Excess Liability Division means being part of a dynamic environment that values diversity and inclusion. As an underwriter, you'll play a crucial role in protecting corporate assets from catastrophic losses, working with a wide range of industries and businesses.
Responsibilities
- Underwrite new and renewal Excess and Umbrella business in alignment with company guidelines, risk appetite, and profitability goals.
- Analyze complex risk exposures to determine appropriate coverage, pricing, structure, and terms.
- Evaluate and manage complex renewals, endorsements, and policy modifications, identifying opportunities for coverage enhancements and risk mitigation.
- Procure and assess supplemental underwriting information, including loss histories, Safer-SMS reports, external inspections, and other third-party data.
- Avoid inaccuracies in documentation of underwriting decisions and ensure compliance with all applicable state and federal regulations.
- Build and maintain strong partnerships with agents, brokers, claims, and internal stakeholders to support informed underwriting decisions and long-term account success.
- Communicate underwriting strategies, decisions, and risk considerations to internal teams and external partners.
- Maintain strong business relationships focused on generating new business while retaining profitable accounts.
- Promote and explain Excess and Umbrella products and services to drive profitable growth.
- Lead and participate in marketing initiatives, including broker and agent meetings, presentations, and industry events.
- Analyze market conditions, competitive trends, and regulatory developments to identify strategic opportunities and recommend product or marketing enhancements.
- Evaluate underwriting and marketing practices and implement strategic adjustments to improve outcomes and effectiveness.
Requirements
- Bachelor’s Degree or equivalent experience.
- Generally, 6-10 years of casualty experience in Underwriting.
- Prior Excess Liability and Commercial Umbrella underwriting experience strongly preferred.
- Progress toward or completion of a professional insurance designation preferred.
- Strong communication, negotiation, and relationship-building skills with the ability to effectively market products and services.
- Willingness to travel, including overnight travel (more than 10% and less than 50%), to visit agents and brokers.
Benefits
- Competitive benefits packages for full-time and part-time employees.
- Medical, dental, and vision coverage.
- Wellness plans, parental leave, adoption assistance, and tuition reimbursement.
- Paid Time Off and paid holidays.
- A 401(k) plan with company match.
- An employee stock purchase plan.
- Commuter benefits.
Pay
Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Details about benefits and specific compensation ranges will be provided during the hiring process.
Schedule
The role requires being on-site four days a week, with the flexibility to work one day remotely.