What are the responsibilities and job description for the Senior Commercial Underwriter position at Mid-Continent Group?
Mid-Continent Group, a subsidiary of Great American, based in Tulsa, Oklahoma, specializes in commercial casualty coverages with an emphasis on general liability for the construction, energy, and difficult-to-place business in other industries. Mid-Continent Group provides a broad selection of General Liability, Commercial Auto, Inland Marine, and Umbrella products.
Be Here. Be Great. Working for a leader in the insurance industry means an opportunity for you. Great American Insurance Group, a Fortune 500 company, combines “small company” culture with “big company” expertise. Here, your ideas will be heard, and you’ll have the support to succeed. With over 35 specialty and property and casualty operations, there are always opportunities 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.
The Company culture is built on connection, shared learning, and strong relationships. To support this, employees in this role are expected to be on-site a minimum of four days a week, with the potential to work one day remotely. Core in-office days are Monday, Tuesday, Wednesday, and Thursday, but will be determined by business needs.
Mid-Continent Group is seeking a Senior Commercial Underwriter to join our Underwriting team.
Essential Functions
- Evaluate and underwrite new and renewal business in accordance with Company underwriting guidelines and risk appetite.
- Analyze risk data to make informed decisions on coverage, pricing, and terms.
- Collaborate with actuaries, agents, brokers, and clients to obtain necessary information and clarify details.
- Order and review additional reports and screens, such as motor vehicle reports, loss history reports, outside inspections, etc., to inform decisions.
- Ensure proper documentation of underwriting decisions and compliance with state and federal insurance regulations.
- Evaluate existing policies for potential renewal or modification.
- Communicate underwriting decisions clearly and effectively to internal teams, agents, and brokers.
- Stay updated on industry trends, regulatory changes, and market conditions.
- Develop and maintain effective business relationships with internal and external customers/coworkers, focusing on generating new business and retaining profitable business.
- Interpret, explain, and market products and services.
- Perform other related duties.
Qualifications
- Bachelor’s Degree in Business, Risk Management, or a related field, or equivalent experience.
- Generally, 5 years of related Commercial General Liability, Automobile, Excess/Umbrella, and Inland Marine experience is required.
- Commercial underwriting experience required, energy (renewable and green energy, upstream and midstream oil & gas) underwriting preferred, but not necessary.
- Completion of or progress toward a professional designation preferred, such as Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS), or Associate of Risk Management (ARM).