Assistant Vice President High-Hazard Underwriting Occupancy Specialist - Emerging Risks - Data Centers, Power Generation, Pulp & Paper, Construction
FM · Johnston, RI · 1 wk ago
On-siteManagementFull-time
About the role
Join our group of principal underwriters that operates out of All Risk Underwriting. Lead the subject areas of Pulp and Paper and Construction for portfolio analysis, capacity and linesetting, pricing strategies, and development of underwriting requirements.
Responsibilities
- Lead portfolio analysis, capacity and linesetting, pricing strategies, and development of underwriting requirements that support the company’s profit and growth objectives.
- Collaborate with your team, principal engineers, members of other corporate staff departments, and individuals from operations to research and develop underwriting requirements and related procedures.
- Provide leadership and guidance to operations underwriters, ensuring necessary support is available and impacts are understood prior to implementation.
- Support thoughtful underwriting exceptions, ensuring a consistent application of risk selection and underwriting judgment within your assigned portfolio.
- Travel for 2 or 3 operations underwriting audits per year; provide underwriting training to others, assist in the development of new coverages and products in response to changing customer needs; and contribute your ideas for the continuous improvement of the underwriting process and systems development.
Requirements
- Bachelor’s degree.
- High Hazard underwriting authority in one or more industries.
- 10+ years’ experience in engineering and/or underwriting for large accounts including some high hazard occupancies.
- In-depth knowledge of both the physical characteristics of facilities engaged in the businesses represented by assigned occupancies as well as the financial and profit motivations that will likely impact risk.
- Strong analytical, problem solving, excel skills and attention to detail is required.
- A broad working knowledge of our business, including risk identification and assessment, property insurance coverage, forms, underwriting techniques, company standards and procedures, financial statements, and business computer applications.
- Excellent oral and written communications skills to develop and conduct formal and informal training.
- Develop clear and concise underwriting requirements and effectively communicate the results of portfolio analyses undertaken.
Qualifications
- Strong analytical, problem solving, excel skills and attention to detail is required.
- A broad working knowledge of our business, including risk identification and assessment, property insurance coverage, forms, underwriting techniques, company standards and procedures, financial statements, and business computer applications.
- Excellent oral and written communications skills to develop and conduct formal and informal training.
- Develop clear and concise underwriting requirements and effectively communicate the results of portfolio analyses undertaken.
Skills
- Strong analytical, problem solving, excel skills and attention to detail is required.
- A broad working knowledge of our business, including risk identification and assessment, property insurance coverage, forms, underwriting techniques, company standards and procedures, financial statements, and business computer applications.
- Excellent oral and written communications skills to develop and conduct formal and informal training.
- Develop clear and concise underwriting requirements and effectively communicate the results of portfolio analyses undertaken.
Benefits
- FM’s comprehensive Total Rewards program that includes an incentive plan, generous health, and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances, and much more!
Pay
The final salary offer will vary based on geographic location, individual education, skills, and experience.
Schedule
This opening can be based in any of our US office locations and/or London.