Production Underwriter
Company | American Financial Group |
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Location | Seven Hills, OH, USA |
Salary | $Not Provided – $Not Provided |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Entry Level/New Grad, Junior |
Requirements
- Bachelor’s Degree in Business, Marketing, 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), Associate of Risk Management (ARM), or a marketing designation
- Familiarity with digital marketing strategies and tools is beneficial
- Excellent interpersonal and communication skills
- 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 information to make informed decisions on coverage, pricing, and terms
- Collaborates with actuaries, agents, brokers, and clients to obtain necessary information such as 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
- Communicates underwriting decisions and markets products and services clearly and effectively to internal teams, agents, and brokers
- Stays updated on industry trends, regulatory changes, market condition and competition to identify opportunities for product enhancements and marketing strategies
- Develops and maintains effective business relationships with internal and external customers/coworkers in order to attract and retain profitable business
- Develops and executes marketing strategies to promote the Company’s products to brokers and agents
- 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