Demo

Transactional Financial Products Underwriter

Great American Insurance Group
Schaumburg, IL Full Time
POSTED ON 5/22/2026
AVAILABLE BEFORE 6/13/2026
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.

Our Executive Liability Division underwrites Directors’ and Officers’ Liability Insurance, Employment Practices Liability Insurance, and Fiduciary Liability Insurance for public, private and not-for-profit companies. We are looking for a Transactional Financial Products Underwriter to underwrite for our Employment Practices Liability Insurance (EPL) team.

http://www.greatamericaninsurancegroup.com/about-us/business-operations/division/executive-liability

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. The position will be in our Schaumburg, IL office and job title and job grade will depend on the successful applicant's level of experience.

Essential Job Functions And Responsibilities

  • Underwrites and services existing small to mid-size financial product accounts.
  • Prices business in alignment with company guidelines and profitability targets. Determines terms including limits, deductibles, coverage options, and conditions.
  • Maintains and monitors accounts using underwriting systems and tools.
  • Builds and maintains effective relationships with internal and external stakeholders to drive retention and growth.
  • Performs other duties as assigned.

Job Requirements

  • Prior experience is not required.
  • Bachelor’s or associate’s degree preferred but not required.
  • High level of organizational and time management skills. Ability to establish priorities and meet deadlines.
  • Strong verbal and written communication skills in order to leverage broker relationships, and for marketing products and services.
  • Able to work autonomously.
  • Must be open to overnight travel. Travel is roughly 5 days per year.

Business Unit

Executive Liability

Salary Range

$70,000.00 -$75,000.00

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.

Salary : $70,000 - $75,000

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Transactional Financial Products Underwriter?

Sign up to receive alerts about other jobs on the Transactional Financial Products Underwriter career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$57,441 - $74,403
Income Estimation: 
$64,132 - $77,443
Income Estimation: 
$67,582 - $88,476
Income Estimation: 
$69,196 - $90,129
Income Estimation: 
$69,261 - $91,404
Income Estimation: 
$69,196 - $90,129
Income Estimation: 
$88,031 - $110,533
Income Estimation: 
$94,544 - $118,022
Income Estimation: 
$87,462 - $118,395
Income Estimation: 
$90,329 - $120,891
Employees: Get a Salary Increase
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Great American Insurance Group

  • Great American Insurance Group Cincinnati, OH
  • Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidia... more
  • 4 Days Ago

  • Great American Insurance Group Iowa, IA
  • Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidia... more
  • 5 Days Ago

  • Great American Insurance Group Cincinnati, OH
  • Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidia... more
  • 6 Days Ago

  • Great American Insurance Group Orange, CA
  • Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidia... more
  • 6 Days Ago


Not the job you're looking for? Here are some other Transactional Financial Products Underwriter jobs in the Schaumburg, IL area that may be a better fit.

  • Principal Financial Group Chicago, IL
  • What You'll Do Principal Alternative Credit (Direct Lending) launched in 2020 and our team is still growing! Our success depends on the unique experiences,... more
  • 5 Days Ago

  • Berkley Life Sciences (a Berkley Company) Naperville, IL
  • Company Details W.R. Berkley Corporation is a Fortune 500 Company, listed on the New York Stock Exchange. The Company is made up of dedicated and passionat... more
  • 10 Days Ago

AI Assistant is available now!

Feel free to start your new journey!