Underwriter Trainee - Small Business Renewals (Bala Cynwyd, PA or Leawood, KS)
About the role
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. The company has been in operation since 1962 and is nationally recognized as a member of Ward's Top 50 and rated A++ by A.M. Best. This Underwriter Trainee position is based in Bala Cynwyd, PA or Leawood, KS. The role provides support and assistance to property & casualty (P&C) underwriting staff by handling administrative and routine underwriting tasks.
Responsibilities
- Take pricing referrals, coverage questions and endorsement referrals on the Automatic book according to delegated underwriting authority and guidelines.
- Accurately enter all new and renewal submissions, update the workflow tracking system with appropriate entries, run reports to determine assignments and complete account status follow up by contacting agents, brokers and the PHLY marketing department via the most appropriate method of communication.
- Contact agents, brokers and marketing department as appropriate to clarify and correct inconsistent, incorrect or missing application/submission information, and conduct follow ups with agents, brokers and marketing department on binding conditions and additional information requests.
- Learn and understand key components of common products in the property & casualty line of business as well as learn and maintain knowledge of company workflow and company procedures.
- Support property & casualty underwriting staff using the necessary systems, forms, methods and procedures.
- Interact with and learn the role of other groups (loss control, claims, administration, etc.) in providing P&C products and services to routine accounts.
Qualifications
- Bachelor's Degree or equivalent work experience
- Ability to establish and build healthy working relationships and partnerships with clients, vendors and peers
- Basic knowledge of insurance products
- Analytical and problem-solving mindset
- Strong written and verbal communication skills
Benefits
We offer a comprehensive benefit package, which includes tuition reimbursement and a generous 401K match. Our rich history of outstanding results and growth allows us to focus our business plan on continued growth, new products, people development and internal career opportunities. 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.