Great American Insurance Group
Assistant Vice President/Vice President - Excess Casualty
Great American Insurance Group, Cincinnati, Ohio, United States, 45208
Assistant Vice President/Vice President - Excess Casualty
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Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty and property and casualty operations, there are always opportunities here to learn and grow.
At Great American, we value diversity and recognize the benefits gained when people from different cultures, backgrounds and experiences work collaboratively to achieve business results. We are intentionally focused on fostering an inclusive culture and know valuing diversity is an essential leadership quality. Our goal is to create a workplace where all employees feel included, empowered and enabled to perform at their best.
The Excess Liability Division specializes in offering large limits of liability to protect its clients' corporate assets from catastrophic loss. The Division offers significant capacity of up to $20 million dollars for both Lead Umbrella and Excess Liability placements. This protection is made available to companies varying in size from single location light hazard risks to a wide variety of more difficult to place manufacturers and processors.
We are seeking an Assistant Vice President (AVP) or Vice President (VP) of Underwriting to join our team. This individual is responsible for a broad spectrum of technical underwriting, pricing and coverage issues for P&C insurance and reinsurance in the home office. They should bring strong leadership in cross-functional teams ensuring high-quality underwriting, adequate pricing, innovative product development, sensible business processes and regulatory compliance.
The ideal candidate will have a strong background in insurance / reinsurance liability underwriting and will be responsible for handling underwriting referrals, ensuring SOX compliance, and conducting audits. This role requires a technical expert who can provide oversight and approval, working closely with field underwriters and managers to maintain and update underwriting guidelines. This individual will work out of the Excess Liability Division's Home Office in our Marietta, GA office or out of the Cincinnati, OH corporate headquarters.
Key Responsibilities
Acts as a resource for field offices with respect to technical underwriting issues.
Manage and process referrals from field underwriters, providing clear approval or denial with detailed reasoning and appropriate documentation.
Provide advice and guidance to the field to enable the company to achieve business objectives.
Work closely with the Divisional President and Vice President in carrying out all strategic objectives with respect to these underwriting duties and responsibilities.
Ensure compliance with SOX regulations and conduct regular audits.
Maintain a detailed understanding of underwriting guidelines and product knowledge and provide guidance to the team.
Act as a key point of contact for regulatory and policy compliance, ensuring all activities meet legal and internal standards.
Conduct limited travel (less than 10%) to perform audits and meet with clients as needed.
Qualifications
Bachelor’s degree, with background in Insurance, Finance, Business Administration, or a related field.
Generally, 10+ years of liability underwriting experience, with exposure to reinsurance and referral processes.
Strong analytical skills with the ability to assess complex risks and develop sound underwriting strategies.
Excellent communication and interpersonal skills, with the ability to build relationships with internal and external stakeholders.
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Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty and property and casualty operations, there are always opportunities here to learn and grow.
At Great American, we value diversity and recognize the benefits gained when people from different cultures, backgrounds and experiences work collaboratively to achieve business results. We are intentionally focused on fostering an inclusive culture and know valuing diversity is an essential leadership quality. Our goal is to create a workplace where all employees feel included, empowered and enabled to perform at their best.
The Excess Liability Division specializes in offering large limits of liability to protect its clients' corporate assets from catastrophic loss. The Division offers significant capacity of up to $20 million dollars for both Lead Umbrella and Excess Liability placements. This protection is made available to companies varying in size from single location light hazard risks to a wide variety of more difficult to place manufacturers and processors.
We are seeking an Assistant Vice President (AVP) or Vice President (VP) of Underwriting to join our team. This individual is responsible for a broad spectrum of technical underwriting, pricing and coverage issues for P&C insurance and reinsurance in the home office. They should bring strong leadership in cross-functional teams ensuring high-quality underwriting, adequate pricing, innovative product development, sensible business processes and regulatory compliance.
The ideal candidate will have a strong background in insurance / reinsurance liability underwriting and will be responsible for handling underwriting referrals, ensuring SOX compliance, and conducting audits. This role requires a technical expert who can provide oversight and approval, working closely with field underwriters and managers to maintain and update underwriting guidelines. This individual will work out of the Excess Liability Division's Home Office in our Marietta, GA office or out of the Cincinnati, OH corporate headquarters.
Key Responsibilities
Acts as a resource for field offices with respect to technical underwriting issues.
Manage and process referrals from field underwriters, providing clear approval or denial with detailed reasoning and appropriate documentation.
Provide advice and guidance to the field to enable the company to achieve business objectives.
Work closely with the Divisional President and Vice President in carrying out all strategic objectives with respect to these underwriting duties and responsibilities.
Ensure compliance with SOX regulations and conduct regular audits.
Maintain a detailed understanding of underwriting guidelines and product knowledge and provide guidance to the team.
Act as a key point of contact for regulatory and policy compliance, ensuring all activities meet legal and internal standards.
Conduct limited travel (less than 10%) to perform audits and meet with clients as needed.
Qualifications
Bachelor’s degree, with background in Insurance, Finance, Business Administration, or a related field.
Generally, 10+ years of liability underwriting experience, with exposure to reinsurance and referral processes.
Strong analytical skills with the ability to assess complex risks and develop sound underwriting strategies.
Excellent communication and interpersonal skills, with the ability to build relationships with internal and external stakeholders.
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