Sr. Underwriter I - Public Service (Nationwide)

Philadelphia Insurance Companies
  • Bala Cynwyd, Pennsylvania
    19 days ago

    Job Description

    Marketing Statement:

    Philadelphia Insurance Companies, a member of the Tokio Marine Group, designs, markets and underwrites commercial property/casualty and professional liability insurance products for select industries.   We have been in operation since 1962 and are nationally recognized as a member of  Ward's Top 50 and rated A++ by A.M.Best.

    We are looking for a Sr. Underwriter I to join our Public Service team working hybrid out of any of our PHLY offices!

    Summary:
    Determines acceptability, conditions and pricing of specific property & casualty (P&C) insurance risks and agrees on coverage within regulatory requirements, corporate product offerings and designated authority level.


    A typical day will include the following:

    • Underwrites large, complex property & casualty (P&C) insurance risks

    • Maintains up-to-date knowledge of loss experience and business conditions of key accounts as well as loss trends and any relevant legal or economic factors regarding the property & casualty business

    • Participates on a team of underwriters and other staff to meet the property & casualty insurance and service needs of large multi-product customers

    • Maintains up-to-date knowledge of all products, services, priorities and target markets in the property & casualty line of business or insurance segment

    • May accompany marketing representative or represent the company on appointments in assigned territory and industry events

    • May develop and maintain relationships with agency representatives

    • May negotiate new and renewal business in partnership with Marketing to drive profitable growth

    • May support profit improvement initiatives in partnership with Marketing Department

    Qualifications:

    • College Degree or equivalent experience, plus CPCU, AU or other designation-related coursework

    • 5 or more years of underwriting experience with a carrier handling Commercial Package business in a production-focused underwriting capacity

    • Excellent analytical and communication skills

    • Ability to be detail oriented in a fast-paced environment

    • Ability to travel in assigned geographic territory on agency calls

    Salary:

    • National Range: $84,422 - $94,354

    • Ultimate salary offered will be based on factors such as applicant experience and geographic location.

    #LI-EW1

    EEO Statement:

    Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer.  In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, sexual orientation and/or any other status protected by law.

    Benefits:

    We offer a comprehensive benefit package, which includes tuition reimbursement and a generous 401K match. Our rich history of outstanding results and growth allow us to focus our business plan on continued growth, new products, people development and internal career opportunities.  If you enjoy working in a fast paced work environment with growth potential please apply online.
    Additional information on Volunteer Benefits, Paid Vacation, Medical Benefits, Educational Incentives, Family Friendly Benefits and Investment Incentives can be found at  https://www.phly.com/Careers/default.aspx

    Numbers & Facts

    LocationBala Cynwyd, Pennsylvania

    Skills

    • Alliance/Partner Managementunmatched
    • Analysis Skillsunmatched
    • Commercial Real Estateunmatched
    • Communication Skillsunmatched
    • Financial Trend Analysisunmatched
    • Insuranceunmatched
    • Legalunmatched
    • Liability Insuranceunmatched
    • Marketingunmatched
    • Militaryunmatched
    • Mortgage Lendingunmatched
    • Negotiation Skillsunmatched
    • Pricingunmatched
    • Property and Casualty Insuranceunmatched
    • Regulatory Requirementsunmatched
    • Shipping/Receivingunmatched
    • Target Marketingunmatched
    • Underwritingunmatched
    • Willing to Travelunmatched

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