Account Executive/senior Account Executive - fidelity And Crime

Account Executive/Production Underwriter, Senior Account Executive/Senior Production Underwriter

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 Fidelity/Crime Division provides fidelity/crime, kidnap & ransom and fine art policies throughout the U.S. 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, Senior Account Executive/Senior Production Underwriter for our Midwest Regional Office located in downtown Chicago. The role of the Account Executive/Senior 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 of an assigned territory of agents and brokers located within the states of IL, WI, MN, IN, OH and MI. This is a salaried position and not commissioned sales.

Essential Job Functions and Responsibilities

• Evaluates and underwrites new and renewal business in accordance with Company underwriting guidelines and risk appetite.
• Receives and analyzes submissions and determines terms to offer (policy limits, deductibles, coverage options and conditions, and premium) based on the applicant's financial capacity, past performance, and risk factors.
• Develops and maintains effective business relationships with internal and external stakeholders in order to attract and retain profitable business.
• Collaborates with agents, brokers, and clients to obtain necessary information and clarify details.
• Ensures proper documentation of underwriting decisions and compliance with state and federal insurance regulations.
• Communicates underwriting decisions clearly and effectively to internal teams and external brokers.
• Stays updated on industry trends, regulatory changes, and market conditions.
• Interprets, explains, and markets products and services.
• Uses independent judgment and initiative to support business goals.
• Maintains a high level of customer service.
• Performs other duties as assigned.

Job Requirements

• Bachelor's degree in Marketing, Finance, Insurance, Economics, Communications or other Business related fields preferred.
• Minimum of 0-5 years of general underwriting and/or insurance business development experience, with some fidelity/crime experience preferred.
• High level of customer service and proven success in building and maintaining effective business relationships.
• Effective organizational skills, including the ability to establish priorities and meet deadlines.

• Strong verbal and written communication skills in order to leverage excellent customer relationships, and to provide opportunities for marketing products and services.

• Must be open to day trips and overnight travel up to 30% of the time.

Business Unit:

Fidelity / Crime

Salary Range:

$70,000.00 - $95,000.00

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.

Your recruiter can provide more details about our total rewards and specific compensation ranges during the hiring process.