Sr. Underwriter I/II - Habitational (West Bridgewater, MA or Boston, MA)

Philadelphia Insurance Companies • Boston, MA

1d

About The Position

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 Sr. Underwriter I/II to join our team in either West Bridgewater, MA or Boston, MA! Summary: Determines acceptability, conditions and pricing of specific property & casualty (P&C) insurance risks and agrees on coverage within regulatory requirements, corporate product offerings and designated authority level. A typical day will include the following: Underwrites large, complex property & casualty (P&C) insurance risks. Maintains up-to-date knowledge of loss experience and business conditions of key accounts as well as loss trends and any relevant legal or economic factors regarding the property & casualty business Participates on a team of underwriters and other staff to meet the property & casualty insurance and service needs of large multi-product customers. Maintains up-to-date knowledge of all products, services, priorities and target markets in the property & casualty line of business or insurance segment. Assist in the training and development of coworkers as directed by management. May accompany Marketing representative on appointments in assigned territory and industry events. May develop and maintain relationships with agency representatives May negotiate new and renewal business in partnership with Marketing to drive profitable growth May support profit improvement initiatives in partnership with Marketing Department

Requirements

• Bachelor's degree or equivalent preferred
• 4+ years of commercial habitational/package underwriting experience as defined by division
• Excellent analytical and communication skills.
• Ability to be detail oriented in a fast-paced environment.
• Ability to travel in assigned geographic territory on agency calls.
• Knowledge of forms and coverages

Nice To Haves

• CPCU and/or AU designations preferred

Responsibilities

• Underwrites large, complex property & casualty (P&C) insurance risks.
• Maintains up-to-date knowledge of loss experience and business conditions of key accounts as well as loss trends and any relevant legal or economic factors regarding the property & casualty business
• Participates on a team of underwriters and other staff to meet the property & casualty insurance and service needs of large multi-product customers.
• Maintains up-to-date knowledge of all products, services, priorities and target markets in the property & casualty line of business or insurance segment.
• Assist in the training and development of coworkers as directed by management.
• May accompany Marketing representative on appointments in assigned territory and industry events.
• May develop and maintain relationships with agency representatives
• May negotiate new and renewal business in partnership with Marketing to drive profitable growth
• May support profit improvement initiatives in partnership with Marketing Department

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.
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level