Senior Production Underwriter-Alternative Markets at American Family Insurance Group

Cincinnati, Ohio, United States

Apply Now

Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

InsuranceIndustries

Requirements

Bachelor’s Degree in Business, Marketing, Economics, Risk Management and Insurance, or a related field or equivalent experience
Generally, a minimum of 5 years of experience in Underwriting or a related field
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), Associate of Risk Management (ARM), or a marketing designation
Familiarity with digital marketing strategies and tools is beneficial
Performs work under general supervision and technical direction
Familiar with moderately complex concepts, practices and procedures
Works with authority on assignments of moderate technical complexity
Maintains strong knowledge of company policies and industry laws and regulations
Excellent [communication skills implied]

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
Duties may require travel to visit agents and/or attend conferences
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
Performs other duties as assigned

Skills

Key technologies and capabilities for this role

UnderwritingRisk AnalysisPricingCoverage DecisionsActuarial CollaborationBroker CollaborationLoss History ReportsMotor Vehicle ReportsInspectionsDocumentation

Questions & Answers

Common questions about this position

What is the salary for this Senior Production Underwriter role?

This information is not specified in the job description.

Is this position remote or hybrid, and where is it located?

The role requires a hybrid schedule out of the Cincinnati, OH or Windsor, CT office.

What key skills are required for the Senior Production Underwriter position?

Key skills include evaluating and underwriting new and renewal business per company guidelines, analyzing risk data for coverage, pricing, and terms decisions, and collaborating with actuaries, agents, brokers, and clients.

What is the company culture like at Great American Insurance Group?

The company combines a 'small company' culture where ideas are heard with 'big company' expertise, values diversity, fosters an inclusive culture, and provides opportunities to learn and grow.

What makes a strong candidate for this underwriting role?

Strong candidates excel in risk analysis, underwriting decisions, building relationships with agents and brokers, staying updated on industry trends, and leveraging marketing techniques to promote products.