Senior Production Underwriter-Property & Inland Marine Division
Company | American Financial Group |
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Location | Syracuse, NY, USA, Parsippany-Troy Hills, NJ, USA |
Salary | $97000 – $120000 |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Senior |
Requirements
- Bachelor’s Degree in Business, Marketing, Economics, Risk Management and Insurance, or a related field or equivalent experience
- Generally, a minimum of 5 years of experience in Underwriting or a related field
- 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), Associate of Risk Management (ARM), or a marketing designation
- Familiarity with digital marketing strategies and tools is beneficial
- Excellent interpersonal and communication skills
- Demonstrates strong analytical skills with attention to detail
- Strong negotiation and decision-making ability
- Position requires occasional travel
Responsibilities
- Evaluates and underwrites new and renewal business in accordance with Company underwriting guidelines and risk appetite
- Analyzes risk data to make informed decisions on coverage, pricing, and terms
- Collaborates with actuaries, agents, brokers, and clients to obtain necessary information and clarify details
- Orders and evaluates 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, focusing on generating new business and retaining profitable business
- Interprets, explains, and promotes products and services to drive market growth
- Leverages advanced marketing techniques to interpret, explain, and promote the Company’s products to brokers and agents
- Monitors market trends and competition to identify opportunities for product enhancements and marketing strategies
- Organizes and participates in marketing initiatives, including presentations, industry events, and broker/agent meetings to showcase products and services
- Performs other duties as assigned
Preferred Qualifications
- 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), Associate of Risk Management (ARM), or a marketing designation
- Familiarity with digital marketing strategies and tools is beneficial