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Great American Insurance
Chicago, Illinois, United States
(on-site)
Posted
3 days ago
Great American Insurance
Chicago, Illinois, United States
(on-site)
Job Type
Full-Time
Private Company Underwriter- Management Liability
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Private Company Underwriter- Management Liability
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
Be Here. Be Great. 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 and recognize the benefits derived when people with different backgrounds and experiences work together to achieve business results. Our goal is to create a workplace where all employees feel included, empowered, and enabled to perform at their best.
Our Executive Liability Division underwrites Directors' and Officers' Liability Insurance, Employment Practices Liability Insurance, and Fiduciary Liability Insurance for public, private and not for profit companies. We are looking for a D&O Private Company Underwriter to market, underwrite and produce profitable business. The position will entail marketing and underwriting new and renewal business in accordance with Company objectives and policies.
Great American's culture is built on connection, shared learning, and strong relationships. To support this, employees in this role are expected to be on-site four days a week, with the flexibility to work one day remotely. The position will be in our Schaumburg, IL office and job title and job grade will depend on the successful applicant's level of experience.
Essential Job Functions and Responsibilities
- Responsible for an assigned book of business in which account information is evaluated, underwritten, and priced within authority guidelines.
- Risk selection/rejection, retention, growth, and profitability within scope of authority and per divisional objectives.
- The underwriter is expected to perform financial statement analysis of prospective risks and make recommendations on pricing and terms consistent with underwriting guidelines.
- Service complex multi-line risks
- Communicates directly with Brokers to develop and maintain strong relationships.
- Conduct marketing visits out of state.
- Promptly issue quotes, policies, and endorsements.
- Understand, compare, and contrast policy language both internal and competitor forms.
- Performs additional duties as assigned.
Job Requirements
- Generally, 0 to 5 years of insurance, banking or related experience.
- Bachelor's degree is required, with a focus in Finance, Accounting or other Business-related field.
- High level of organizational skills, and the ability to establish priorities and meet deadlines.
- Strong verbal and written communication skills to leverage excellent customer relationships, and to provide opportunities for marketing products and services.
- Must be able to travel as needed and work autonomously.
Business Unit:
Executive Liability
Salary Range:
$70,000.00 -$90,000.00
Benefits:
We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.
Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. 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.
Requisition #: R8583
6ahf9io63
Job ID: 82665082

Great American Insurance
Insurance
Ohio
,
United States
Great American's roots go back to the 1800's with the founding of Great American Insurance Company in 1872, based in New York City. The company symbol was an eagle. The company's first policy was written on March 19, 1872. Through the remainder of the 1800's, Great American continued to grow and attract more agents. Great American entered the twentieth century as one of the most respected and financially stable companies in America with an excellent reputation for paying claims.
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