[Hiring] Commercial Surety Underwriter @GAIC Great American Insurance Company

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Role Description

This position can be located in Tennessee, Georgia, Florida, North Carolina, South Carolina, Virginia, Delaware, Pennsylvania, or Maryland.
• Leads the evaluation and underwriting of new and renewal business, ensuring alignment with Company underwriting guidelines and risk appetite.
• Reviews and evaluates complex financial statements, credit reports, and business operations of applicants.
• Determines coverage and sets terms, conditions, and pricing by evaluating the applicant’s financial capacity, past performance, and risk factors.
• Collaborates with agents, brokers, and clients to obtain necessary information and provide guidance.
• Ensures proper documentation of underwriting decisions and compliance with state and federal insurance regulations.
• Evaluates complex policy renewals and modifications, identifying opportunities for policy enhancements and risk mitigation.
• Communicates underwriting strategies and decisions effectively to internal teams, agents, and brokers.
• Stays updated on industry trends, regulatory changes, and market conditions.
• Maintains effective business relationships with internal and external customers/coworkers, focusing on generating new business and retaining profitable business.
• Interprets, explains, and promotes products and services to drive market growth.
• Monitors and evaluates underwriting practices, assisting with implementing strategic adjustments to improve overall effectiveness and outcomes.
• Performs other duties as assigned.

Qualifications
• Bachelor’s Degree in Finance, Economics, Business, or a related field or equivalent experience.
• Generally, a minimum of 3 years of underwriting, finance, banking, or related experience.
• Continuing progress toward and/or the completion of a professional designation preferred, such as Associate in Fidelity and Surety Bonding (AFSB), Chartered Property Casualty Underwriter (CPCU), Certified Public Accountant (CPA), and/or Registered Professional Liability Underwriter (RPLU).

Requirements
• Performs work under some supervision and technical direction.
• Works with significant latitude and authority on complex assignments.
• Demonstrates analytical, risk assessment, and problem-solving skills.
• Strong understanding of financial statement analysis and risk management.
• Excellent communication and interpersonal skills.
• Emergent negotiation and decision-making ability.
• Position requires limited travel up to 10%.

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.

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