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Underwriting Careers at Industry Leaders

Discover your next underwriting adventure with friends of Kalepa and leaders in commercial insurance

Associate Underwriter - Richardson, TX

Great American Insurance Group

Great American Insurance Group

Marketing & Communications
Richardson, TX, USA
Posted on Oct 9, 2024

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 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.

Great American is one of the few carriers with a dedicated Property & Inland Marine Division and, in the industry segments it covers, with expertise second to none. From the underwriters to claims representatives, the focus is strictly on property and inland marine coverages. The team has an average of 19 years of industry experience, and is dedicated to writing only these coverages, which include: Commercial Property Coverage, Inland Marine Coverage, Builder's Risk, Contractor's Equipment and Motor Truck Cargo.​​

We are currently looking for an Associate Underwriter for our Property & Inland Marine Division. Responsibilities for this position include risk selection, risk retention, pricing, and profitability per divisional objectives. This position will be based in our Richardson, TX office and will offer a hybrid work environment.

Essential Job Functions and Responsibilities

  • Administers and monitors underwriting rules and guidelines, rating manual rules, and insurance laws and regulations. Reviews, documents, and/or underwrites new and renewal policy transactions within written authority.
    • May enter policy information on an assigned product, territory and / or agency in accordance with template rules.
    • Proofs / audits policy information on an assigned product, territory, and/or agency(ies).
    • Reviews premium and loss data on an individual account as part of renewal underwriting, change underwriting, or mid-term underwriting.
  • Reviews insurance applications and other risk documentation. Reviews underwriting requirements and refers applications, endorsement requests, or other correspondence for further underwriting analysis when outside of written authority.
  • Orders, reviews, and takes appropriate action on required reports, endorsement requests, service requests, and general correspondence.
  • Analyzes individual risk pricing for new business submissions and renewals within written authority.
  • Communicates with agents, brokers and customers to obtain information needed to underwrite risks and address issues. Researches and responds to questions from agents.
  • May provide support to underwriter(s).
    • Gathers information on new and renewal business and change requests to support underwriter decision making.
    • Organizes the underwriting information to speed decision making on the part of the underwriter.
    • Investigates discrepancies in the information gathered.
    • May include "template" policy review and actions such as endorsement within assigned authority level.
  • Provides information to Processing that is needed to issue policies and endorsements on a timely basis. May issue, process or code transactions.
    • Monitors entry / processing to ensure data integrity and to avoid potential systemic issues.
  • May provide guidance to less experienced staff and serve as a resource to other functional areas.
  • Performs other duties as assigned.

Job Requirements

Education: Associate degree or equivalent experience.

Field of Study: Business, Liberal Arts or a related discipline.

Experience: Generally, 2 to 4 years related Property & Casualty experience.

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Business Unit:

Property Inland Marine

Benefits:

We offer competitive healthcare, retirement, and paid time off benefits for full-time and part-time benefit eligible employees.