Great American Insurance Group
Senior Associate Underwriter
Great American Insurance Group, Malvern, Pennsylvania, United States, 19355
Underwriter Position
Great American Custom, an underwriting division of Great American Insurance Group, dedicates itself to serving client needs and delivering outstanding service. We have made a name for ourselves as a full-service underwriting organization focused on long-term client relationships and customized business solutions. We specialize in providing primary casualty products as well as umbrella and capacity excess products that meet the needs of the commercial market. Our policyholders range from small businesses to complex multi-national corporations and Fortune 1000 companies. Great American Custom is looking for an experienced underwriter to join our team. This individual will work a hybrid schedule out of Malvern, PA. Essential Job Functions and Responsibilities
Conducts comprehensive reviews and evaluations of underwriting applications, ensuring they align with Company policies and underwriting guidelines. Collaborates with underwriters and brokers/agents to obtain additional information and clarify application details. Analyzes relevant data, including financial statements, property valuations, and loss histories to assess risk exposure. Prepares and maintains underwriting files, ensuring all documents and approvals are properly filed. Compiles reports on risk evaluations, policy statuses, and portfolio performance for underwriters and management. Underwrites new and renewal policy transactions within written authority.
Enters and audits policy information on an assigned product, territory and / or agency in accordance with template rules. Reviews premium and loss data on an individual account as part of renewal underwriting, change underwriting, or mid-term underwriting.
Orders, evaluates, and takes appropriate action on required reports, endorsement requests, service requests, and general correspondence. Research and respond to complex questions from brokers/agents. Responsible for providing information to Processing that is needed to issue policies and endorsements on a timely basis. May issue, process or code transactions.
Monitors entry / processing to ensure data integrity and to avoid potential systemic issues.
Participates in various departmental initiatives, including updates and enhancements to forms and interfaces, conducting user acceptance testing for systems and policies, and evaluating the impact on existing policies and practices. May provide guidance to less experienced staff and serve as a resource to other functional areas. Performs other duties as assigned. Job Requirements
Associates Degree in Business, Finance, or a related field or equivalent experience. Generally, a minimum of 10 years of experience in Underwriting or a related field. Ability to travel to visit agents and brokers. Continuing progress toward and/or the completion of a professional designation preferred, such as Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS), or Associate of Risk Management (ARM). Scope of Job/Qualifications:
Performs work under limited supervision. Performs specialized duties utilizing often-complex processes/procedures on a variety of assignments. Utilizes advanced procedural knowledge, skills, and experience to accomplish work. Demonstrates advanced knowledge of coverage and forms, provisions for policies written within the assigned territory/unit, workflow and systems. Strong written and verbal skills. Developing analytical skills with attention to detail. Works within broader, established authority limits. Viewed as a resource within the Associate Underwriting team. Provides technical advice and support to lower-level positions. Job is non-exempt in Washington. Company: GAIC Great American Insurance Company Benefits: Compensation varies by role, position level, and location. Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs. We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one, PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match. These benefits are available to eligible full-time and part-time employees. Your recruiter can provide more details about our total rewards and specific compensation ranges during the hiring process.
Great American Custom, an underwriting division of Great American Insurance Group, dedicates itself to serving client needs and delivering outstanding service. We have made a name for ourselves as a full-service underwriting organization focused on long-term client relationships and customized business solutions. We specialize in providing primary casualty products as well as umbrella and capacity excess products that meet the needs of the commercial market. Our policyholders range from small businesses to complex multi-national corporations and Fortune 1000 companies. Great American Custom is looking for an experienced underwriter to join our team. This individual will work a hybrid schedule out of Malvern, PA. Essential Job Functions and Responsibilities
Conducts comprehensive reviews and evaluations of underwriting applications, ensuring they align with Company policies and underwriting guidelines. Collaborates with underwriters and brokers/agents to obtain additional information and clarify application details. Analyzes relevant data, including financial statements, property valuations, and loss histories to assess risk exposure. Prepares and maintains underwriting files, ensuring all documents and approvals are properly filed. Compiles reports on risk evaluations, policy statuses, and portfolio performance for underwriters and management. Underwrites new and renewal policy transactions within written authority.
Enters and audits policy information on an assigned product, territory and / or agency in accordance with template rules. Reviews premium and loss data on an individual account as part of renewal underwriting, change underwriting, or mid-term underwriting.
Orders, evaluates, and takes appropriate action on required reports, endorsement requests, service requests, and general correspondence. Research and respond to complex questions from brokers/agents. Responsible for providing information to Processing that is needed to issue policies and endorsements on a timely basis. May issue, process or code transactions.
Monitors entry / processing to ensure data integrity and to avoid potential systemic issues.
Participates in various departmental initiatives, including updates and enhancements to forms and interfaces, conducting user acceptance testing for systems and policies, and evaluating the impact on existing policies and practices. May provide guidance to less experienced staff and serve as a resource to other functional areas. Performs other duties as assigned. Job Requirements
Associates Degree in Business, Finance, or a related field or equivalent experience. Generally, a minimum of 10 years of experience in Underwriting or a related field. Ability to travel to visit agents and brokers. Continuing progress toward and/or the completion of a professional designation preferred, such as Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS), or Associate of Risk Management (ARM). Scope of Job/Qualifications:
Performs work under limited supervision. Performs specialized duties utilizing often-complex processes/procedures on a variety of assignments. Utilizes advanced procedural knowledge, skills, and experience to accomplish work. Demonstrates advanced knowledge of coverage and forms, provisions for policies written within the assigned territory/unit, workflow and systems. Strong written and verbal skills. Developing analytical skills with attention to detail. Works within broader, established authority limits. Viewed as a resource within the Associate Underwriting team. Provides technical advice and support to lower-level positions. Job is non-exempt in Washington. Company: GAIC Great American Insurance Company Benefits: Compensation varies by role, position level, and location. Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs. We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one, PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match. These benefits are available to eligible full-time and part-time employees. Your recruiter can provide more details about our total rewards and specific compensation ranges during the hiring process.