Production Underwriter Trainee/Production Underwriter – Ocean Marine

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 and recognize the benefits derived when people with different backgrounds and experiences work together to achieve business results. Our goal is to create a workplace where all employees feel included, empowered, and enabled to perform at their best.

Great American has been insuring ocean-related businesses since 1962. For over 50 years, Great American has responded to the special needs of marine-based businesses by developing one of the most extensive selections of Ocean Marine insurance products available from a single carrier. That means the right coverage for every business, from a small resort marina to an ocean-going cargo ship.

The Ocean Marine Division's specialized focus enables it to support select customer groups with distinctive offerings like its Vessel Pollution Liability coverage ­­­and highly regarded Spill Responder program, which provides a comprehensive suite of clean up and containment services and a comprehensive suite of coverages for marina operators and boat dealers as well as logistics companies and custom house brokers.​

http://www.greatamericaninsurancegroup.com/about-us/business-operations/division/ocean-marine

Our Ocean Marine Division is looking for a Production Underwriter Trainee or Production Underwriter to join their team. This individual will focus on underwriting Hull and Marine Liabilities. This position will be based in our Seattle, WA office. Great American’s culture is built on connection, shared learning, and strong relationships. To support this, employees in this role are expected to be on-site four days a week, with the flexibility to work one day remotely. Core in‑office days are Tuesday–Thursday, with the fourth day determined by business needs.

Essential Job Functions and Responsibilities

• Learns to evaluate and underwrite new and renewal business in accordance with Company underwriting guidelines and risk appetite.

• Learns to analyze risk information to make informed decisions on coverage, pricing, and terms.

• Participates in collaborating with actuaries, agents, brokers, and clients to obtain necessary information and clarify details.

• Assists with ordering additional reports and screens, such as motor vehicle reports, loss history reports, outside inspections, etc., to inform decisions.

• Learns how to document underwriting decisions in compliance with state and federal insurance regulations.

• Assists with evaluating existing policies for potential renewal or modification.

• Participates in communicating underwriting decisions clearly and effectively to internal teams, agents, and brokers.

• Develops knowledge of industry trends, regulatory changes, and market conditions.

• Develops effective business relationships with internal and external customers/coworkers in order to attract and retain profitable business.

• Learns to interpret, explain, and market products and services.

• Learns to develop marketing strategies to promote the Company’s products to brokers and agents.

• Develops knowledge of market trends and competition to assist with identifying 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. 

Job Requirements

• Education: Bachelor’s Degree in Business, Marketing, Economics, Risk Management and Insurance, or a related field or equivalent experience.

• Experience: Generally, 0-5 years of related insurance experience. Maritime experience is a plus.

Business Unit:

Salary Range:

Benefits:

We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.

Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at http://www.gaig.com/careers.

*Excludes seasonal employees and interns.