What are the responsibilities and job description for the Underwriter position at Great American Insurance Group?
Running a farm or ranch has always involved a lot of risks. But these days, rapid changes in the industry are raising the stakes. Advanced technologies and new environmental concerns are pushing farming and ranching in new directions. But no matter how much things change, one thing never will: Great American's AgriBusiness® Division's commitment to keeping farmers and ranchers strong with effective insurance coverage.
The AgriBusiness Division has been helping farmers and ranchers manage the uncertainties of doing business as far back as 1886. Today, the division provides coverage for full-time farms, ranches, and other agricultural operations in 44 states. The farm products can cover businesses that range from fruit and vegetable farms to livestock operations and the equine farm products cover a wide range of risks ranging from monoline property and liability, care custody or control to umbrella and auto.
http://www.greatamericaninsurancegroup.com/about-us/business-operations/division/agribusiness
We are looking for an Underwriter to join our AgriBusiness division in either our Cincinnati, OH or our Ocala, FL office. Training will be fully in person, with the opportunity to work a hybrid schedule after training is completed.
Essential Job Functions and Responsibilities
- Evaluates and underwrites new and renewal business in accordance with Company underwriting guidelines and risk appetite.
- Analyzes risk information to make informed decisions on coverage, pricing, and terms.
- Collaborates with actuaries, agents, brokers, and clients to obtain necessary information and clarify details.
- Orders additional reports and screens, such as motor vehicle reports, loss history reports, outside inspections, etc., to inform decisions.
- Ensures proper documentation of underwriting decisions and compliance with state and federal insurance regulations.
- Evaluates existing policies for potential renewal or modification.
- Communicates underwriting decisions clearly and effectively to internal teams, agents, and brokers.
- Stays updated on industry trends, regulatory changes, and market conditions.
- Develops and maintains effective business relationships with internal and external customers/coworkers in order to attract and retain profitable business.
- Interprets, explains, and markets products and services.
- 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 6 months of related insurance 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).
Scope of Job/Qualifications: Performs work under moderate supervision and technical direction. Familiar with basic concepts, practices and procedures. Works with authority on assignments of low to moderate technical complexity. Develops and maintains knowledge of company policies and industry laws and regulations. Excellent interpersonal and communication skills. Strong analytical skills with attention to detail. Strong negotiation and decision-making ability. Position requires occasional travel.
This job is non-exempt in California and Washington.
