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Commercial Surety Underwriter

Commercial Surety Underwriter

Job ID 
22590
# Positions 
1
Location 
US-NY-New York
Posted Date 
11/14/2017
Category 
Bonds
Position Type 
Full Time
Travel Percentage 
Up to 30%

Job Information

Overview

Be Here. 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.

 

Great American's Bond Division has been underwriting surety and fidelity bonds for over 90 years. Great American is known for expert underwriting, solid financial strength, market leadership and creative solutions to all bonding needs. With a highly diverse product line, Great American is one of the top surety companies in the United States. The Bond Division is currently seeking a Commercial Surety Underwriter for our New York City office. 

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.).
    • Makes recommendations on risks over authority.
  • 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
    • 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.

Qualifications

  • Education: Bachelor’s Degree or equivalent experience. Master's in Business Administration (MBA) preferred but not required.
  • Field of Study: Finance, Accounting or a related discipline .
  • Experience: 6 months to 3 years of related experience. Beginning coursework toward certification in area of expertise preferred, Associate in Surety and Fidelity Bonding (AFSB).

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