Production Underwriting Specialist-Alternative Markets Division at American Family Insurance Group

Cincinnati, Ohio, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Insurance, Property and CasualtyIndustries

Requirements

Bachelor’s Degree in Business, Marketing, Economics, Risk Management and Insurance, or a related field or equivalent experience
Generally, a minimum of 9 years of experience in Underwriting or a related field
Completion of or continuing progress toward 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), or a marketing designation
Performs work under limited supervision and technical direction. Works with significant latitude and authority on complex tasks

Responsibilities

Leads the evaluation and underwriting of new and renewal business, ensuring alignment with Company underwriting guidelines and risk appetite
Analyzes complex risk data to make informed decisions on coverage, pricing, and terms
Collaborates with actuaries, agents, brokers, and clients to obtain necessary information and provide guidance
Procures and analyzes supplementary reports and screenings, such as motor vehicle reports, loss history reports, and external inspections, to support underwriting decisions
Ensures proper documentation of underwriting decisions and compliance with state and federal insurance regulations
Evaluates complex policy renewals and modifications, identifying opportunities for policy enhancements and risk mitigation
Communicates underwriting strategies and decisions effectively to internal teams, agents, and brokers
Stays updated on industry trends, regulatory changes, and market conditions
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
Leads the development and execution of comprehensive marketing strategies to effectively promote the company’s products to brokers and agents
Analyzes market trends and competitive landscape to identify strategic opportunities for product enhancements and innovative marketing approaches
Leads marketing initiatives, including presentations, industry events, and broker/agent meetings, to showcase the company’s products and services
Monitors and evaluates underwriting and marketing practices, assisting with implementing strategic adjustments to improve overall effectiveness and outcomes
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
Performs other duties as assigned