Surety Underwriter II

Philadelphia Insurance Companies•Seattle, WA
•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 is seeking a Surety Underwriter II for its Seattle, Washington; Portland, Oregon; or Lone Tree, Colorado office. Under moderate direction and supervision, the position underwrites and markets assigned products, providing intermediate risk assessment and technical underwriting expertise to determine underwriting acceptability. The role has a minimum surety authority of $750,000.

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.

Responsibilities

  • Assist with the preparation of and participate in regional marketing activities to promote new business development.
  • Gather and analyze information and apply appropriate 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.
  • Maintain and update underwriting files and ensure the credit quality of managed accounts as needed.
  • Participate in producer management activities, which may include premium collections.
  • Prepare underwriting submissions and make recommendations and/or decisions within established authority limits.

Benefits

  • Tuition reimbursement.
  • Generous 401(k) match.
  • Volunteer benefits.
  • Paid vacation.
  • Medical benefits.
  • Educational incentives.
  • Family-friendly benefits.
  • Investment incentives.
  • Internal career opportunities.
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