Financial Products Underwriter Insurance - Glen Allen, VA at Geebo

Financial Products Underwriter

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Be Great.
Working for a leader in the insurance industry means opportunity for you.
Great American Insurance Group, a member of American Financial Group, is a Fortune 500 company consistently recognized as a top place to work.
We combine a small company culture where your ideas will be heard with big company expertise to help you succeed.
With over 30 specialty property and casualty operations and a variety of financial services, there are always opportunities here to learn and grow.
Our Fidelity/Crime Division provides fidelity & crime, kidnap & ransom and fine art policies throughout the US and Canada for mercantile businesses including Fortune 500 public companies and private companies, financial institutions, and governmental entities.
Coverages include employee dishonesty, forgery, theft, computer fraud and kidnap, ransom and extortion coverage.
These coverages are offered for diverse classes of business including specialized industries such as gaming, security guards, check cashers, armored car companies and program business.
We are currently searching for an Account Executive/Production Underwriter for our Mid-Atlantic Regional Office located in Richmond, VA.
The role of the Account Executive is to market, underwrite and produce profitable Fidelity/Crime business in accordance with Company objectives and policies.
This position is responsible for business development within our territory of agents and brokers located within the states of VA, NC, SC, MD, DE, PA, Southern NJ, WV, KY, and Washington, DC.
Essential Job Functions and Responsibilities Has responsibility for low complexity risk selection/rejection, pricing, retention, growth, and profitability within scope of authority and per divisional objectives.
Uses independent judgment and initiative to support business goals.
Maintains a high level of customer service.
Receives and analyzes submissions and determines terms to offer (policy limits, credit limits, deductibles, coverage options and conditions, work programs, etc.
).
Prices business in accordance with company guidelines.
May conduct investigations of new and existing accounts through business owners (banks, owners, creditors, debtors, architects, engineers, criminal record checks, on-site visits, etc.
) Assesses risk quality and compliance within company guidelines.
Orders and analyzes miscellaneous business reports needed in the rating and underwriting processes, including credit checks, bank agreements, financial statements, and underwriting surveys.
Makes recommendations on risks over authority.
Enters, maintains and monitors accounts using underwriting, analysis, and desktop systems.
Prepares effective internal and external communications on underwriting issues.
Develops and maintains effective business relationships with internal and external customers/coworkers in order to attract and retain profitable business.
Interacts with the producers/insureds, assisting in marketing calls, and participating in underwriting/production calls Interprets, explains, and markets products and services.
Visits producers and principals in order to retain existing accounts, survey exposures, build and maintain business relationships, and develop new opportunities in support of divisional objectives.
Applies underwriting rules and guidelines, rating manual rules, and insurance laws and regulations.
Performs other duties as assigned.
Job Requirements Bachelor's degree in Marketing, Finance, Insurance, Economics, Communications or other Business related fields.
Typically part of a formal training program, 0-6 months of experience.
Strong verbal and written communication skills in order to leverage excellent customer relationships, and to provide opportunities for marketing products and services.
High level of organizational skills, ability to establish priorities and meet deadlines.
Proficiency with Microsoft Office and other PC based programs.
.
Estimated Salary: $20 to $28 per hour based on qualifications.

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