Financial Products Underwriter

Work set-up: 
Full Remote
Contract: 

Offer summary

Qualifications:

Bachelor's degree in Finance, Economics, or related field., Financial statement analysis skills are essential., Prior experience in underwriting or insurance is preferred., Strong communication and organizational skills are required..

Key responsibilities:

  • Evaluate and underwrite a book of business within authority guidelines.
  • Assess risks of private and public company management liability.
  • Maintain relationships with brokers and clients, providing excellent customer service.
  • Review applications and financial documents to determine risk and pricing.

Great American Insurance Company logo
Great American Insurance Company Insurance XLarge https://www.gaig.com/
5001 - 10000 Employees
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Job 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.

Executive Liability is committed to serving its customers with industry-leading expertise and quality management liability products. Our experienced team of underwriters, claims attorneys and marketing professionals work hand-in-hand to deliver effective solutions for public, private and nonprofit clients

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

The Executive Liability Division is seeking an Underwriter who will work on ­­­the Public Company  Underwriting team. The role of the Underwriter is to market, underwrite and produce profitable business. The Underwriter will perform a detailed financial and market analysis of publicly traded and large private companies. The Underwriter must have the ability to relate to people easily in order to develop effective customer partnerships. This position is remote, however the candidate must live in either New York, New Jersey, or Connecticut and must be willing to commute into Manhattan to market and attend broker and client meetings. Office space is available in Manhattan to accommodate the Underwriter.

Responsibilities:

  • Responsible for an assigned book of business in which account information is evaluated, underwritten and priced within authority guidelines. Has responsibility for risk selection/rejection, retention, growth and profitability within scope of authority and per divisional objectives.

  • The position requires the ability to assess private and public company management liability risks. You will be tasked to review applications, audited financial statements, publicly available information and other supporting details. Based on the determination of risk levels, the underwriter is tasked with making recommendation on pricing, terms and conditions.

  • Maintains a high level of customer service. Communicates directly with brokers and Insureds. Promptly issues quotes, policies and endorsements.

  • Proactively develops and maintains strong broker relationships.

  • Performs other duties as assigned. 

Job Requirements

  • Prior experience is preferred.

  • Bachelor’s degree in Finance, Economics or other Business related field, inclusive of financial statement analysis skills.

  • High level of organizational skills, ability to establish priorities and meet deadlines.

  • Strong verbal and written communication skills in order to leverage customer relationships, and for marketing products and services.

  • Able to work autonomously.

  • Must be open to future travel.

Business Unit:

Executive Liability


Salary Range:

$90,000.00 -$140,000.00

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.

Required profile

Experience

Industry :
Insurance
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Organizational Skills
  • Communication
  • Time Management

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