Associate Underwriter - Property & GL

National Interstate is a member of Great American Insurance Group. As one of the leading commercial transportation insurers in the nation, we offer risk financing solutions in all 50 states tailored to meet the needs of a wide variety of transportation classes. Our offerings include traditional insurance and innovative alternative risk transfer (ART) programs, including more than a dozen group captive programs catering to niche wheels markets. We are proud to be a multiple Northcoast 99 winner and Cleveland Plain Dealer Top Workplace in Northeast Ohio. It is because of our talented and dedicated team that we are able to live out our company values of integrity, transparency, fairness, accountability, empowerment and collaboration with each transaction we make. If you are ready to join an engaging and driven team such as ours, we would love to hear from you!

Since 1989, National Interstate has specialized in serving the insurance needs of the wheels-based transportation industry. Our steadfast focus on developing niche expertise in product design, loss control and claim services has made National Interstate one of the most respected names in commercial transportation insurance today. (https://natl.com/)

National Interstate is looking for an Associate Underwriter - Property and GL to join their team. This individual will work a hybrid schedule out of the Richfield Ohio office.

Essential Job Functions and Responsibilities

• Assists with developing new products and solutions to boost premium volume growth and maintain the competitiveness and profitability of existing products.
• Supports comprehensive market research efforts to identify trends, opportunities, and the competitive landscape.
• Collaborates with underwriting, actuarial, and claims teams to assist with designing innovative insurance solutions and contributing to product specifications, pricing strategies, and policy language.
• Assists with analyzing market data and customer feedback to identify opportunities for product enhancements, improvements, and new product development.
• Contributes to developing and executing product strategies and roadmaps to achieve business goals. Assists with conducting SWOT analysis to evaluate product strengths, weaknesses, opportunities, and threats.
• Assists with creating product and rate revisions, underwriting guidelines, manuals, and procedures.
• Participates in working with marketing, business development, and insurance operations teams to support successful product launches and ongoing product maintenance.
• 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.
• Communicates underwriting decisions clearly and effectively to internal teams, agents, and brokers.
• May participate in developing trainings regarding new products and product changes to internal teams and agents.
• Performs other duties as assigned. 

Job Requirements

Education: Bachelor’s Degree in Finance, Economics, Business, or a related field or equivalent experience.

Experience: Generally, a minimum of 6 months of related underwriting or product experience. Beginning or continuing progress toward a professional designation preferred, such as Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS), Associate of Risk Management (ARM), Certified Licensing Professional (CLP) or other applicable designations. 

Scope of Job/Qualifications: Developing technical knowledge of insurance products and lines of business. Develops and maintains knowledge of industry laws and regulations. Proficiency in interpreting competitive data and industry trends. Strong analytical skills with the ability to use data to inform decisions. Demonstrates decision-making ability and customer-centric mindset. Demonstrates strong communication skills and ability to build relationships. Position may require occasional travel. 

Benefits and Pay:
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.

This job is non-exempt in Washington.

Company:

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.