Job Description

Great American's Strategic Comp division is currently seeking a Commercial Auto Underwriting Specialist to support our growing Underwriting Team. The person selected for this role will work a hybrid schedule: three days per week in the Cincinnati Office and two days per week working remotely from home.

Essential Job Functions and Responsibilities

• Evaluates and underwrites new and renewal business in accordance with Company underwriting guidelines and risk appetite.
• Develops and implements risk assessment models 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.
• Monitors and evaluates underwriting practices, assisting with implementing strategic adjustments to improve overall effectiveness and outcomes.
• Performs other duties as assigned.

Scope of Job/Qualifications

• Performs work under limited supervision and technical direction.
• Works with significant latitude and authority on complex assignments.
• Maintains advanced knowledge of company policies and industry laws and regulations.
• Excellent interpersonal and communication skills.
• Demonstrates advanced analytical, risk assessment, and problem-solving skills.
• Strong negotiation and decision-making ability.
• Viewed as a senior resource on the Underwriting team.
• Provides technical advice and support to lower-level positions.
• Requires prolonged sitting, continuous use of computer.

Job Requirements

• Bachelor’s Degree is required.
• 5 years of experience in Commercial Underwriting is required.
• Continuing progress toward and/or the completion of a professional designation is 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.

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