Production Underwriter
- E & S Insurance
- East Region Global Indemnity
- 3.5 Bala-Cynwyd, PA Job Details $66,000
- $140,000 a year 20 hours ago Benefits Paid parental leave Disability insurance Health insurance Dental insurance Flexible spending account Tuition reimbursement Paid time off Parental leave Vision insurance Life insurance Qualifications Commercial insurance policies Business travel arrangements Marketing Full Job Description GBLI | Global Indemnity provides specialty property and casualty insurance for small to middle-market businesses•and we're on a mission to be the best-in-class while achieving steady, profitable growth.
Our guiding principles include the core belief that our people are number one. We also strongly emphasize a customer-centric mentality and disciplined underwriting practices. Our work environment is flexible, friendly, and collaborative, with plenty of opportunities to take charge of your career.
What GBLI offers you:
Generous paid time off (PTO) Professional development opportunities (including a mentorship program) Educational assistance program, which covers up to $5,250 in educational costs per year Comprehensive health insurance plan (with vision and dental) Paid Parental Leave Life insurance 401(k) retirement plan with up to 6% company match and immediate vesting Healthcare and dependent care flexible spending accounts Short-term and long-term disability Company-sponsored social events Various committees to get involved in, which include our Diversity, Awareness, and Inclusion Committee, and Charitable Giving Committee The typical starting salary range for this position can vary depending on several factors such as geographic location, education, experience, and skill set. The full salary range for this position is designed to provide employees with the opportunity to progress and grow within their positions and reflects the competitive market value for these positions across the national market. GBLI, also offers a total compensation plan including bonuses for all positions. Typical annualized starting salary range for this position: $66,000 to $140,000 Essential Duties & Functions Review, price, and manage renewal business (multi line with an emphasis on general liability and property) in accordance with company guidelines Select, price, quote, and decline new business in accordance with company underwriting guidelines and experienced, underwriting judgment Manage assigned territory that supports the growth and profitability objectives established by the business unit. Create strategic agency management plans that encompasses production and loss ratio as well as travel and marketing plans Respond to endorsement requests from existing accounts Provide 24-hour response time on new business submissions and same day turn-around on phone calls and emails, Work collaboratively with other Underwriters in the Unit to maintain 24-hour response time on new submissions. 10-25% travel to assigned agents Develop and maintain collaborative business relationships with appointed agents to foster the generation of profitable business Accountability for the production and loss ratio performance of assigned agents Educate agents on Penn-America Group products and underwriting systems Qualifications 2+ years Property and Casualty Underwriting experience required including expertise in general liability and property risks; experience underwriting Excess and Surplus lines preferred Bachelor's degree or equivalent combination of education and experience required. Professional designations (CPCU, AU, ETC.) are a plus Experience working with wholesale brokers preferred Efficiently plan/manage agency visits and travel time will be essential Excellent interpersonal and communication skills are required; The ability to market Penn-America products to agents is essential Excellent analytical skills required Excellent organizational and time management skills required The ability to work collaboratively in a team with other underwriters will be needed Insurance rating experience is plus Strong computer skills are a necessity. Proficiency in Microsoft Office Products (Word, Excel, Outlook) Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.
