1

Umbrella Underwriting Jobs (NOW HIRING)

next page

Showing results 1-20

Umbrella Underwriting information

See salary details

$48K

$103.1K

$158.5K

How much do umbrella underwriting jobs pay per year?

As of Aug 10, 2026, the average yearly pay for umbrella underwriting in the United States is $103,082.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,000.00 and $121,000.00 per year, depending on experience, location, and employer.

What is umbrella underwriting?

Umbrella underwriting refers to the process of evaluating and approving applications for umbrella insurance policies. These policies provide additional liability coverage beyond the limits of standard insurance, such as auto or homeowners policies. Underwriters assess the risk profile of individuals or businesses seeking umbrella coverage by reviewing their existing policies, claims history, and potential exposure to large liability claims. The goal is to ensure the applicant meets the insurer’s criteria and to determine appropriate coverage limits and premiums.

What is the difference between Umbrella Underwriting vs Property Underwriting?

AspectUmbrella UnderwritingProperty Underwriting
Required CredentialsInsurance license, underwriting experienceInsurance license, property-specific knowledge
Work EnvironmentOffice-based, risk assessment, policy reviewOffice or field, property inspections, risk analysis
Employer & Industry UsageInsurance companies, brokersInsurance companies, real estate firms
Comparison Search IntentUnderstanding umbrella policy underwritingUnderstanding property policy underwriting

Umbrella Underwriting focuses on assessing risks for umbrella liability policies that provide extra coverage beyond standard policies. Property Underwriting deals with evaluating risks related to physical property insurance. While both roles involve risk assessment and require insurance licensing, they specialize in different types of coverage within the insurance industry.

What are the key skills and qualifications needed to thrive as an umbrella underwriter, and why are they important?

To thrive as an Umbrella Underwriter, you need strong analytical skills, a solid understanding of risk assessment, and a background in insurance or finance, often supported by a bachelor’s degree and relevant certifications such as CPCU. Familiarity with underwriting software, risk modeling tools, and policy management systems is typically required. Excellent negotiation, attention to detail, and effective communication are soft skills that set top performers apart. These skills are crucial for accurately evaluating complex risks, making informed decisions, and building strong relationships with clients and brokers.

How does an umbrella underwriter typically interact with other departments within an insurance company?

Umbrella underwriters regularly collaborate with teams such as claims, risk assessment, and legal departments to ensure comprehensive coverage and accurate risk evaluation. They often consult with primary underwriters to review underlying policies, discuss complex risks, and align on coverage terms. This teamwork helps to identify potential gaps in coverage and maintain compliance with regulatory standards, ensuring that all aspects of the client's risk profile are thoroughly addressed.
More about Umbrella Underwriting jobs
What are the most commonly searched types of Umbrella Underwriting jobs? The most popular types of Umbrella Underwriting jobs are:
Infographic showing various Umbrella Underwriting job openings in the United States as of August 2026, with employment types broken down into 94% Full Time, 3% Part Time, and 3% Contract. Highlights an 68% Physical, 7% Hybrid, and 25% Remote job distribution, with an average salary of $103,082 per year, or $49.6 per hour.

Underwriting AVP - Excess & Umbrella

Great American Insurance Group

Dallas, TX • Hybrid

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 7 days ago


Great American Insurance Group rating

8.8

Company rating: 8.8 out of 10

Based on 31 frontline employees who took The Breakroom Quiz

57th of 304 rated insurance


Job description

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.

Great American's Excess Liability Division provides large-limit liability solutions designed to protect clients' corporate assets from catastrophic loss. The Division provides large limit capacity for both Lead Umbrella and Excess Liability placements, serving a diverse portfolio of industries and businesses. earn more: https://www.greatamericaninsurancegroup.com/about-us/business-operations/division/excess-liability

We are seeking an Assistant Vice President (AVP) of Underwriting for our South-Central Excess Liability team in Dallas, TX. This role combines hands-on underwriting with the potential for future leadership responsibility and strategic market oversight. The individual will maintain their own book of business while building and eventually managing an underwriting team.

The position focuses on underwriting Lead Umbrella and Excess Liability accounts across manufacturing, contracting, retail services, and distribution. The role supports a nationwide producer base and targets Middle Market through National commercial accounts, balancing disciplined underwriting practices with production, relationship management, and territory development.

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.

Essential Job Functions and Responsibilities

Territory & Portfolio Management

  • Manage and Develop the South-Central territory for Excess and Umbrella business, ensuring profitable growth and alignment with underwriting strategy.

  • Analyze financial and risk data for prospective and renewal accounts to identify hazards, exposures, and risk quality.

  • Determine appropriate coverage, pricing, and terms in accordance with underwriting authority, guidelines, and management direction.

Relationship & Market Development

  • Develop and maintain strong business relationships with internal partners, agents, brokers, and other external stakeholders to attract and retain profitable business.

  • Build and expand the retail agency plant within the assigned territory, identify new agency opportunities, and strengthen existing partnerships.

  • Establish productive, consultative relationships with assigned agencies to support long-term growth and account retention.

  • Ensure timely delivery, follow-up, and servicing all quotes for new and renewal business.

Leadership & Oversight

  • Provide leadership, guidance, and oversight to underwriting staff as the team expands.

  • Support coaching, development, and performance management efforts in alignment with division and company goals.

  • Promote underwriting discipline, consistency, and adherence to best practices across the territory.

Job Requirements

  • Bachelor's Degree or equivalent experience.

  • Generally, 10+ years of casualty underwriting experience required; prior underwriting management or leadership experience preferred.

  • 5 Years of Excess Liability and Commercial Umbrella underwriting experience strongly preferred.

  • Progress toward or completion of a professional insurance designation preferred.

  • Strong communication, negotiation, and relationship-building skills with the ability to effectively market products and services.

  • Willingness to travel, including overnight travel (more than 10% and less than 50%), to visit agents and brokers.

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 at http://www.gaig.com/careers.

*Excludes seasonal employees and interns.


What Great American Insurance Group employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom