Great American Insurance Group's Executive Liability Division is looking for a Transactional Financial Products Underwriter to underwrite and service existing small to mid-size financial product accounts, price business in alignment with company guidelines and profitability targets, and analyze submissions to assess risk and structure transactions.
Requirements
- 1-3 years of Underwriting experience in a financial products or related disciplines is preferred.
- Ability to balance speed and accuracy in a high-volume, transactional environment.
- Foundational analytical skills with the ability to use data to inform decisions.
Responsibilities
- Underwrites and services existing small to mid-size financial product accounts.
- Prices business in alignment with company guidelines and profitability targets.
- Determines terms including limits, deductibles, coverage options, and conditions.
- Analyzes submissions, financial statements, and underwriting surveys to assess risk and structure transactions.
- Recommends actions on risks exceeding authority.
- Maintains and monitors accounts using underwriting systems and tools.
- Ensures compliance with underwriting rules, rating manuals, and applicable regulations.
Other
- Bachelor’s degree in Finance, Accounting, Economics, or a related field or equivalent experience is preferred.
- Prior insurance experience is not required.
- Performs work under moderate supervision and technical direction.
- Implements, communicates, and monitors compliance of company guidelines, policies, systems, underwriting processes, procedures, legislative, regulatory, and market conduct issues.
- Works with authority on assignments of low to moderate technical complexity.
- Develops knowledge of changes in regulations, industry trends, and product developments.
- Demonstrates strong interpersonal, communication, and problem-solving skills.
- Position requires occasional travel.
