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, a Fortune 500 company. 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 diversity and recognize the benefits gained when people from different cultures, backgrounds and experiences work collaboratively to achieve business results. We are intentionally focused on fostering an inclusive culture and know valuing diversity is an essential leadership quality. 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.

The Executive Liability Division is searching for a Transactional Financial Products Underwriter to underwrite for our Employment Practices Liability Insurance (EPL) team. The person hired for this position will work from Schaumburg, IL which offers a hybrid work from home opportunity.

Essential Job Functions and Responsibilities

• Underwrites and services assigned small to mid-size companies. Has responsibility for risk selection/rejection, retention, and profitability within scope of assigned authority and per divisional objectives.
  • Receives and analyzes applications, publicly available information, and other supporting details. The underwriter is tasked with determining coverage terms to offer (such as policy limits, premium, deductibles, coverage options and conditions, etc.) in accordance with company rules and guidelines, rating manual rules, and insurance laws and regulations.
  • Works within assigned authority, using independent judgment and initiative to support business goals.
  • Makes recommendations on risks outside of assigned authority.
  • Enters, maintains, and monitors accounts using underwriting systems.
• Maintains a high level of customer service to assigned brokers. Communications directly with brokers by promptly responding to emails, issuing quotes and negotiating terms to be bound.
• Proactively develops and maintains effective broker relationships (via email, phone and in person contact) in order to attract, retain and grow a profitable book of business.
• Provides support to field marketing personnel by interacting with brokers and assisting marketers with marketing calls and visits.
• Performs other duties as assigned.

Job Requirements

• Prior experience is not required.
• Bachelor’s or associate’s degree preferred but not required.
• High level of organizational and time management skills. Ability to establish priorities and meet deadlines.
• Strong verbal and written communication skills in order to leverage broker relationships, and for marketing products and services.
• Able to work autonomously.
• Must be open to overnight travel. Travel is roughly 5 days per year.

Business Unit:

Benefits:

We offer competitive healthcare, retirement and paid time off benefits.