Senior Production Underwriting Specialist - Excess/Umbrella
Great American Insurance Group · Richmond, VA · 2 mo ago
Finance$126k–$150k/yrFull-time
Essential Job Functions And Responsibilities
- Has responsibility for risk selection/rejection, pricing, retention, growth, and profitability per divisional objectives.
- Uses independent judgment and initiative to support business goals.
- Maintains a high level of customer service.
- Analyzes coverage and limit requests and decides what terms to offer.
- Pricess business in accordance with company guidelines.
- Affirms risk quality and compliance within company guidelines and initiates appropriate loss prevention actions.
- Orders and screens miscellaneous reports needed in the rating and underwriting processes, such as Motor Vehicle reports, loss history reports, credit checks, outside inspections, loss control, etc.
- Develops and maintains effective business relationships with internal and external customers/coworkers in order to attract and retain profitable business.
- Vists agents, brokers, and producers in order to retain existing accounts, build, and maintain business relationships and develop new opportunities in support of divisional objectives.
- Interprets, explains, and markets products and services.
- Administers, applies, and may update underwriting rules and guidelines, rating manual rules and insurance laws and regulations.
- Performs other duties as assigned.
Job Requirements
- Bachelor’s Degree or equivalent experience.
- Generally, 10+ years of Casualty underwriting experience; a minimum of 3 years of 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 Requirements
- Frequent day and overnight travel, more than 10% but less than 50% of time to visits agents and brokers.
Business Unit
Excess Liability
Salary Range
$126,000.00 - $150,000.00
Benefits
- Competitive benefits packages for full-time and part-time employees.
- Medical, dental, and vision coverage.
- Wellness plans.
- Parental leave.
- Adoption assistance.
- Tuition reimbursement.
- Paid Time Off and paid holidays.
- A 401(k) plan with company match.
- An employee stock purchase plan.
- Commuter benefits.
Your recruiter will provide details about benefits and specific compensation ranges during the hiring process.
Learn more at http://www.gaig.com/careers.
Excludes seasonal employees and interns.