Surety Underwriter II (Pasadena, Mission Viejo, and San Diego)

Philadelphia Insurance Companies • Pasadena, CA

18d

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. Surety Underwriter to join our team in either our Pasadena, Mission Viejo or San Diego offices! Summary: Under limited direction and supervision, underwrites and markets assigned products by providing high levels of risk assessment and technical underwriting expertise to determine underwriting acceptability. May provide high level of financial analysis to determine credit quality. A typical day will include the following: Participates in the producer management process which may include, but is not limited to, premium collections. Prepares underwriting submissions, making recommendations and/or decisions within established authority limits. Minimum authority is $1,000,000 (Surety). Prepares and participates in marketing activities within the region to promote the development of new business. Gathers and analyzing information, applies appropriate underwriting techniques necessary to make an accurate evaluation of acceptability of risk. May evaluate credit quality. Prepares and participates in proposals to producers and/or accounts negotiating terms and conditions. May ensure credit quality of accounts managed while maintaining and updating underwriting files.

Requirements

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

Nice To Haves

• AFSB designation preferred.

Responsibilities

• Participates in the producer management process which may include, but is not limited to, premium collections.
• Prepares underwriting submissions, making recommendations and/or decisions within established authority limits. Minimum authority is $1,000,000 (Surety).
• Prepares and participates in marketing activities within the region to promote the development of new business.
• Gathers and analyzing information, applies appropriate underwriting techniques necessary to make an accurate evaluation of acceptability of risk.
• May evaluate credit quality.
• Prepares and participates in proposals to producers and/or accounts negotiating terms and conditions.
• May ensure credit quality of accounts managed while maintaining and updating underwriting files.

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