Underwriter I
Philadelphia Insurance Companies · Bala-Cynwyd, PA · 2 mo ago
FinanceFull-time
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.
About the role
Evaluates property & casualty insurance applications to determine the risk involved, decides to accept or reject the application, and determines appropriate premium.
- 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 territory and industry events.
- May develop and maintain relationships with agency representatives.
Requirements
- Two to five years of experience in underwriting.
- Agribusiness coverage experience a plus.
- College Degree or equivalent experience preferred but not required.
- Must have attention-to-detail skills and possess a strong degree of organization.
- Must be analytical, results-oriented, and possess a strong sense of urgency.
- Must have good people and agency relationship building skills.
Benefits
- Comprehensive benefit package.
- Tuition reimbursement.
- Generous 401K match.
- Paid vacation.
- Medical benefits.
- Educational incentives.
- Family friendly benefits.
- Investment incentives.