FM Affiliated Production Underwriter ( I, II, III or SR. )

Responsibilities

• Effectively market FM Affiliated products and services to a network of producers with whom long term relationships are developed, maintained, and cultivated.
• Profitable risk selection, negotiation of pricing, terms, and conditions, and using creative underwriting strategies to optimize net retentions that effectively balance both customer and company needs.
• Cook up account team resources to provide excellent and responsive services that add value to our broker and customer relationships.
• Coordinate with Account Engineers to review renewal and new business opportunities to ensure proper risk identification, analysis, and assessment in order to ensure the development and growth of a profitable portfolio of business in the Los Angeles territory.
• Work closely with brokers and reinsurers for insurance-related issues, meeting specific profit, production, and retention goals as developed in consultation with Regional, Area, and Assistant Managers.
• Establish multiple business contacts and execute an effective program of calls averaging 8-10 face-to-face visits a month to ensure high visibility.
• Pre-qualify new risks based on acceptability today and its future potential, including a thorough analysis of the broker submission, desired pricing, terms and conditions, financial condition, adequacy of reported values, and loss experience.
• Protect the company’s assets by adhering to company underwriting standards and procedures, which includes determining the amount subject and net capacity commitment, managing catastrophe aggregate retentions, negotiating, and purchasing reinsurance, and establishing commissions in a manner most advantageous to the company.

Qualifications

• A bachelor’s degree or equivalent.
• 2-5 years industry experience (broker/insurance company) as Underwriter for commercial property accounts of varying occupancies and sizes.
• Experience dealing with a variety of occupancies as well as current engineering and underwriting issues such as current property coverages and forms, and/or quickly learn and keep updated on industry state of the art.
• Proficient in and have excellent organizational, time management, problem solving, decision making, interpersonal and selling skills, and a working knowledge of MS Office products.

Pay

The final salary offer will vary based on geographic location, individual education, skills, and experience.

Schedule

The position is eligible to participate in FM’s comprehensive Total Rewards program that includes an incentive plan, medical, dental and vision insurance, life and disability insurance, well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, and time off, including vacation and sick time.

Benefits

• Total Rewards Program
• Medical, Dental, and Vision Insurance
• Life and Disability Insurance
• Well-being Programs
• 401(k) and Pension Plan
• Career Development Opportunities
• Tuition Reimbursement
• Flexible Work
• Vacation and Sick Time

Company Information

• FM is an Equal Opportunity Employer and is committed to attracting, developing and retaining a diverse workforce.