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 diversity and recognize the benefits gained when people from different cultures, backgrounds and experiences work collaboratively to achieve business results. We are intentionally focused on fostering an inclusive culture and know valuing diversity is an essential leadership quality. Our goal is to create a workplace where all employees feel included, empowered and enabled to perform at their best.

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.

Our Bonds Division is hiring for two Commercial Surety Transactional Underwriters to join their team! We are seeking candidates with commercial surety transactional underwriting experience across the country. Candidates local to the Seattle, WA area will work on a hybrid schedule. Candidates not local to the Seattle area will work fully remote.

Bonds - Great American Insurance Group

Essential Job Functions and Responsibilities

• Underwrites and services existing small to mid-size financial accounts. Has responsibility for risk selection/rejection, pricing, retention, 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 credit reports, online filings, criminal records etc.
  • Assesses risk quality and compliance within company guidelines and industry loss ratios.
  • 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 analysis system.
• Develops and maintains effective business relationships with internal and external customers/coworkers in order to attract and retain profitable business.
  • Provides production support to field personnel through interacting with the producers/insureds assisting in marketing calls and participating in underwriting/production calls.
• Applies underwriting rules and guidelines, rating manual rules, and insurance laws and regulations.
• Performs other duties as assigned.

Job Requirements

Education: Bachelor’s Degree or equivalent experience.

Field of Study: Finance, Accounting or a related discipline

Experience: Generally, a minimum of 3 years of related experience. Beginning coursework toward certification in area of expertise preferred; appropriate certifications could include Associate in Surety and Fidelity Bonding (AFSB), Certified Public Accountant (CPA) and/or Registered Professional Liability Underwriter (RPLU).

Additional Job Description

Scope of Job: Performs work under close supervision. Familiar with basic concepts, practices, procedures and proficient in using data processing equipment and systems. Works with on assignments of low to moderate technical complexity. Position may require day and overnight travel, 0% - 20% of time, to visit producers/insured’s.

Business Unit:

Salary Range:

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.