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Assistant Vice President/Vice President - Excess/Umbrella

Assistant Vice President/Vice President - Excess/Umbrella

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Be Here. Be Great.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.

The Excess Liability Division specializes in offering large limits of liability to protect its clients' corporate assets from catastrophic loss. The Division offers significant capacity of up to $20 million dollars for both Lead Umbrella and Excess Liability placements. This protection is made available to companies varying in size fromsingle location light hazard risks to a wide variety of more difficult to place manufacturers and processors. 

https://www.greatamericaninsurancegroup.com/about-us/business-operations/division/excess-liability  

We are seeking a DivisionalAssistant Vice President (AVP) or VicePresident (VP) of Underwriting to join our team.This individualis responsible for a broad spectrum of technical underwriting, pricing and coverage issues for P&C insurance and reinsurance in the home office. They shouldbring strong leadership in cross-functional teams ensuring high-quality underwriting, adequate pricing, innovative product development, sensible business processes and regulatory compliance. 

 

The ideal candidate will have a strong background ininsurance /reinsuranceliabilityunderwriting and willbe responsible for handlingunderwriting referrals, ensuring SOX compliance, andconducting audits. This role requires a technical expert who can provide oversight and approval, working closely with field underwriters and managers tomaintain and update underwriting guidelines.

Great American’s culture is built on connection, shared learning, and strong relationships. To support this, employees in this role are expected to be on-site four days a week, with the flexibility to work one day remotely. Core in‑office days are Tuesday–Thursday, with the fourth day determined by business needs.

Key Responsibilities: 

  • Acts as a resource for field offices with respect to technical underwriting issues.  

  • Manage and process referrals from field underwriters, providing clear approval or denial with detailed reasoning andappropriate documentation. 

  • Provide advice and guidance tothe field to enablethe company to achieve businessobjectives. 

  • Work closely with the Divisional President and Vice President in carrying out all strategicobjectives with respect to these underwriting duties andresponsibilities. 

  • Ensure compliance with SOX regulations and conduct regular audits. 

  • Maintain a detailed understanding of underwriting guidelinesand product knowledgeand provide guidance to the team. 

  • Act as a key point of contact for regulatory and policy compliance, ensuring all activities meet legal and internal standards. 

  • Conduct limited travel (less than 10%) to perform audits and meet with clients as needed. 

Qualifications: 

  • Bachelor’s degree,with backgroundinInsurance,Finance, Business Administration, or a related field. 

  • Generally, 10+ years ofliabilityunderwriting experience, withexposure to reinsurance and referral processes. 

  • Strong analytical skills with the ability to assess complex risks and develop sound underwriting strategies. 

  • Excellent communication and interpersonal skills, with the ability to build relationships with internal and external stakeholders. 

 

Business Unit:

Excess Liability

Benefits:

We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.

 

Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more athttp://www.gaig.com/careers.

 

*Excludes seasonal employees and interns.

by @maxrusakovic