Job Information
Philadelphia Insurance Companies Underwriter II - Small Business Unit in Bala Cynwyd, Pennsylvania
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 an Underwriter II to join our team Nationwide!
Summary:
Evaluates property & casualty insurance applications to determine the risk involved: decides to accept or reject the application; determines appropriate premium.
A typical day will include the following:
Assists in determining the acceptability, conditions and pricing of specific property & casualty insurance risks and associated coverage.
Maintains familiarity with the products, services, priorities and target markets in the property & casualty line of business or insurance segment.
Maintains familiarity with the loss experience and business conditions of key accounts as well as loss trends and any major legal or economic factors affecting the property & casualty line of business.
Communicates effectively with colleagues in underwriting and all support areas in order to meet the property & casualty insurance needs of customers.
May accompany senior underwriter or marketing representative on appointments in assigned and industry events.
Assist in the training and development of coworkers as directed by management.
May develop and maintain relationships with agency representatives.
Qualifications:
College Degree preferred or equivalent experience
3 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
National Salary Range: $67,000 - $75,000
Ultimate salary offered will be based on factors such as applicant experience and geographic location.
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
REQNUMBER: 10000221