An Insurance Underwriter evaluates and measures risk and advises businesses in insurance, banking and securities. Recommends customers to be approved for insurance coverage, and develops policies and premium levels. Reviews loan applications, evaluates credit-worthiness of loan applicants and analyzes the investment risk of a loan for the bank. Evaluates risk in different types of securities and advises clients on investments that will yield highest profits.
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 a Surety Underwriter to join our team in either of the following offices: Walnut Creek CA, Pasadena CA, Mission Viejo CA and San Diego, CA!
Summary:
Under moderate direction and supervision, underwrites and markets assigned products by providing intermediate levels of risk assessment and technical underwriting expertise to determine underwriting acceptability. A typical day will include the following: Prepares underwriting submissions, making recommendations and/or decisions within established authority limits. Participates in the producer management process which may include, but is not limited to, premium collections. Prepares and participates in proposals to producers and/or accounts negotiating terms and conditions. Prepares and participates in marketing activities for business development and relationship building. Assists with gathering and analyzing information, applies appropriate underwriting techniques necessary to make an accurate evaluation of risk acceptability. May ensure credit quality of accounts managed while maintaining and updating underwriting files.
Qualifications:
Bachelor's Degree At least two years of commercial surety underwriting experience preferably with a carrier. AFSB designation preferred. The ability to manage multiple priorities, generate new business and be detail oriented.
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
