Senior Production Underwriting Specialist - Excess Casualty

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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 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.

https : / / www.greatamericaninsurancegroup.com / about-us / business-operations / division / excess-liability

The Excess Liability Division is currently searching for an experienced Senior Production Underwriter, Production Underwriting Specialist or Senior Production Underwriting Specialist to join our Midwest Excess Liability team. This individual will work out of the office in Chicago, IL.

The underwriter will primarily be handling Lead Umbrella and Excess Liability risks in manufacturing, contracting, retail service and distribution. The business unit strategically solicits Middle Market to National commercial risks from a producer base that spans the United States.

Essential Job Functions and Responsibilities

• Evaluates and underwrites new and renewal business in accordance with Company underwriting guidelines and risk appetite.
• Analyzes risk data to make informed decisions on coverage, pricing, and terms.
• Collaborates with actuaries, agents, brokers, and clients to obtain necessary information and clarify details.
• Orders and evaluates additional reports and screens, such as motor vehicle reports, loss history reports, outside inspections, etc., to inform decisions.
• Ensures proper documentation of underwriting decisions and compliance with state and federal insurance regulations.
• Evaluates existing policies for potential renewal or modification.
• Communicates underwriting decisions clearly and effectively to internal teams, agents, and brokers.
• Stays updated on industry trends, regulatory changes, and market conditions.
• Develops and maintains effective business relationships with internal and external customers / coworkers, focusing on generating new business and retaining profitable business.
• Interprets, explains, and promotes products and services to drive market growth.
• Leverages advanced marketing techniques to interpret, explain, and promote the Company's products to brokers and agents.
• Monitors market trends and competition to identify opportunities for product enhancements and marketing strategies.
• Organizes and participates in marketing initiatives, including presentations, industry events, and broker / agent meetings to showcase products and services.
• Responsible for evaluating underwriting and marketing practices, implementing strategic adjustments to improve overall effectiveness and outcomes. (Senior Production Underwriting Specialist)
• May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports. (Senior Production Underwriting Specialist)
• Performs other duties as assigned.

Job Requirements

Senior Production Underwriter : Generally, 5-7 years of casualty underwriting experience.

The combined salary range for this position is $92k-$210K+. The proposed salary range for a Senior Production Underwriter is $92,000-$130,000. The proposed salary range for a Production Underwriting Specialist is $117,000-$160,000. The proposed salary range for a Senior Production Underwriting Specialist is $150,000-$210,000+.

Compensation for roles is influenced by a variety of factors, including but not limited to the specific office location, role, skill set, and level of experience. We encourage candidates with salary expectations beyond the range provided to apply as they will be considered based on their experience, skills, and education. The compensation range has been adjusted for geographic differentials pertaining to the Chicago, IL location where the position may be filled

Business Unit : Excess Liability

Salary Range :

92,000.00 -$210,000.00

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.