What are the responsibilities and job description for the Associate Underwriter - Specialty Equipment position at GAIC Great American Insurance Company?
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. In the Specialty Equipment Division, we help businesses stay in business when bad things happen to their equipment. Our focus is on innovation and simplicity, and we go beyond convention to provide embedded insurance solutions that make purchasing and financing equipment fast and easy. The team combines specialized technology and service excellence to manage risk and create valuable customer experiences. https://www.greatamericaninsurancegroup.com/about-us/business-operations/division/specialty-equipment The Specialty Equipment division is looking for an Associate Underwriter to join their team. The position will work from our Bellevue, WA office Monday through Friday. Essential Job Functions and Responsibilities Assists in the review and evaluation of applications, ensuring they align with Company policies and underwriting guidelines. Participates in examining and processing new insurance policies, renewals, endorsements, and cancellations using various systems. Prepares and maintains underwriting files, ensuring all documents and approvals are properly filed, including working with agents to gather additional information to clarify applications. Enters or loads data into appropriate systems and researches and resolves data errors. Generates and distributes policy documents, certificates of insurance, and other related materials. Organizes, prepares, and updates reports. Participates in determining and adjusting billing status as needed. Onboards new customers under previously underwritten program following the agreed upon terms and conditions Enter policy information on an assigned product in accordance with template rules. Proofs / audits policy information in various systems based on an assigned product. Reviews premium and loss data on an individual account as part of renewal underwriting, change underwriting, or mid-term underwriting. Participates in identifying opportunities to streamline procedures, enhance efficiency, and reduce costs. Orders, reviews, and takes appropriate action on required reports, endorsement requests, service requests, and general correspondence. Research and respond to questions from brokers/agents. Analyzes relevant data, including financial statements, property valuations, and loss histories, frequency, severity, exposure accumulation, asset coding, and rating adequacy to assess risk exposure. Compiles reports on risk evaluations, policy statuses, and portfolio performance for underwriters and management. Performs other duties as assigned. Job Requirements High School Diploma (Associate degree preferred) Generally, a minimum of 3 years of experience in insurance operations or customer service. Continuing progress toward and/or the completion of a professional designation preferred, such as Property/Casualty Insurance license. Strong analytical and organizational abilities with a focus on prioritization. Experience with Microsoft products required. Prior experience with SQL preferred. Excellent interpersonal and communication skills. This job is non-exempt in California and Washington. Business Unit: Specialty Equipment Salary Range: $28.84 -$31.25 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. Great American Insurance Group understands the importance of choosing a financially strong company. We are an organization built for the long term and are committed to giving you that strength. Why can you trust Great American Insurance Group? For nearly 150 years, Americans have trusted us to protect them. Our innovative insurance solutions and specialization serves niche marketplaces that we know well. This expertise gives us a successful foundation that spans generations. You never know where a career in insurance will take you. Whether you are starting your career or are looking for a company to grow your experience, at Great American Insurance Group, you can join our more than 8,500 employees to “Be Here. Be GREAT!” To learn more, visit our Career Page
Salary : $29 - $31
