What are the responsibilities and job description for the Crop Underwriting Manager position at Great American Insurance Company?
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 Insurance Company has been an innovative leader in the crop insurance industry since it issued its first crop policy in 1925. Our Crop Insurance Division provides the tools you need in the form of specialized crop insurance coverages, which can insure your revenue stream even if elements outside your control go awry. That means even in the face of a worst-case scenario you will have the guaranteed income you need to keep your operation functioning properly.
Great American is currently seeking an Underwriting Manager in our Peoria, IL office. This individual may work a hybrid schedule, but will need to be in the office at least 3 days a week.
Essential Job Functions and Responsibilities
Oversees Underwriting team operations, optimizing workflows and ensuring high productivity.
Develops and implements strategic plans for the Underwriting team to ensure alignment with business goals and objectives.
Oversees comprehensive reviews of risk assessments to validate and verify the accuracy of underwriting decisions.
Cultivates and leverages strategic relationships with internal and external stakeholders to drive profitable growth.
Ensures meticulous documentation of underwriting decisions and maintains compliance with state and federal insurance regulations.
Responsible for assessing policy renewals and modifications, identifying potential improvements and ways to mitigate risks.
Ensures high-quality customer service. Develops and monitors management reports on service levels, activities, and customer experiences. Recommends and implements improvements as needed.
Manages and updates underwriting rules and guidelines, rating manual rules, and insurance laws and regulations as needed.
Performs other duties as assigned.
Job Requirements
Bachelor’s Degree in Business, Economics, Risk Management and Insurance, or a related field or equivalent experience.
Generally, a minimum of 9 years of underwriting experience or a related field, including a minimum of 4 years of leadership experience.
Continuing progress toward and/or the completion of a professional designation 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.
Typically manages 2 or more reports.
Business Unit:
Crop
Salary Range:
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.
Salary : $89,000 - $120,000