Surety Underwriter II

Philadelphia Insurance Companies•Portland, ME

4d•Onsite

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. The company has operated since 1962 and is recognized as a Ward's Top 50 company and rated A++ by A.M. Best. The Surety Underwriter II underwrites and markets assigned products under moderate direction and supervision. The role applies intermediate risk-assessment and technical underwriting expertise to determine whether risks are acceptable. The position is based in one of the company's Seattle, Washington; Portland, Oregon; or Lone Tree, Colorado offices.

Requirements

Bachelor's degree.
At least three years of contract surety underwriting experience, preferably with a carrier.
Ability to manage multiple priorities, generate new business, and be detail oriented.

Nice To Haves

AFSB designation preferred.

Responsibilities

Assist with the preparation of and participate in regional marketing activities to promote new-business development.
Gather and analyze information and apply underwriting techniques to evaluate risk acceptability.
Evaluate credit quality, as needed.
Prepare and participate in proposals to producers and/or accounts, negotiating terms and conditions.
Ensure credit quality of managed accounts, as applicable, and maintain and update underwriting files.
Participate in producer management, which may include premium collections.
Prepare underwriting submissions and make recommendations and/or decisions within established authority limits; minimum surety authority is $750,000.