Great American Insurance Group
Underwriter/Senior Underwriter-Fidelity and Crime
Great American Insurance Group, Chicago, Illinois, United States, 60290
Underwriter/Senior Underwriter - Fidelity and Crime
We are seeking an Account Executive/Senior Account Executive to market, underwrite and produce profitable Fidelity/Crime business in accordance with Company objectives and policies. This position is located in the Midwest Regional Office in downtown Chicago and focuses on developing business with agents and brokers within IL, WI, MN, IN, OH and MI. This is a salaried position and not commissioned sales.
Essential Job Functions and Responsibilities
Evaluates and underwrites new and renewal business in accordance with Company underwriting guidelines and risk appetite.
Receives and analyzes submissions and determines terms to offer (policy limits, deductibles, coverage options and conditions, and premium) based on the applicant’s financial capacity, past performance, and risk factors.
Develops and maintains effective business relationships with internal and external stakeholders in order to attract and retain profitable business.
Collaborates with agents, brokers, and clients to obtain necessary information and clarify details.
Ensures proper documentation of underwriting decisions and compliance with state and federal insurance regulations.
Communicates underwriting decisions clearly and effectively to internal teams and external brokers.
Stays updated on industry trends, regulatory changes, and market conditions.
Interprets, explains, and markets products and services.
Uses independent judgment and initiative to support business goals.
Maintains a high level of customer service.
Performs other duties as assigned.
Job Requirements
Bachelor's degree in Marketing, Finance, Insurance, Economics, Communications or other Business related fields preferred.
Minimum of 0-5 years of general underwriting and/or insurance business development experience, with some fidelity/crime experience preferred.
High level of customer service and proven success in building and maintaining effective business relationships.
Effective organizational skills, including the ability to establish priorities and meet deadlines.
Strong verbal and written communication skills to leverage customer relationships and opportunities for marketing products and services.
Must be open to day trips and overnight travel up to 30% of the time.
Seniority level : Mid-Senior level
Employment type : Full-time
Job function : Other
Industries : Insurance and Insurance Carriers
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Essential Job Functions and Responsibilities
Evaluates and underwrites new and renewal business in accordance with Company underwriting guidelines and risk appetite.
Receives and analyzes submissions and determines terms to offer (policy limits, deductibles, coverage options and conditions, and premium) based on the applicant’s financial capacity, past performance, and risk factors.
Develops and maintains effective business relationships with internal and external stakeholders in order to attract and retain profitable business.
Collaborates with agents, brokers, and clients to obtain necessary information and clarify details.
Ensures proper documentation of underwriting decisions and compliance with state and federal insurance regulations.
Communicates underwriting decisions clearly and effectively to internal teams and external brokers.
Stays updated on industry trends, regulatory changes, and market conditions.
Interprets, explains, and markets products and services.
Uses independent judgment and initiative to support business goals.
Maintains a high level of customer service.
Performs other duties as assigned.
Job Requirements
Bachelor's degree in Marketing, Finance, Insurance, Economics, Communications or other Business related fields preferred.
Minimum of 0-5 years of general underwriting and/or insurance business development experience, with some fidelity/crime experience preferred.
High level of customer service and proven success in building and maintaining effective business relationships.
Effective organizational skills, including the ability to establish priorities and meet deadlines.
Strong verbal and written communication skills to leverage customer relationships and opportunities for marketing products and services.
Must be open to day trips and overnight travel up to 30% of the time.
Seniority level : Mid-Senior level
Employment type : Full-time
Job function : Other
Industries : Insurance and Insurance Carriers
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