Underwriter II - Small Business Unit

Philadelphia Insurance CompaniesLower Merion Township, PA
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. 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 an Underwriter II to join our Small Business Unit new business team! This role evaluates property & casualty insurance applications to determine the risk involved, decides to accept or reject the application, and determines the appropriate premium.

Requirements

  • Minimum of 1-4 years of commercial package underwriting experience required.

Nice To Haves

  • Bachelor's degree or equivalent is preferred, an equivalent combination of education and experience may be considered.

Responsibilities

  • Assists in determining the acceptability, conditions and pricing of specific property & casualty insurance risks and associated coverage.
  • Maintains familiarity with the products, services, priorities and target markets in the property & casualty line of business or insurance segment.
  • Maintains familiarity with the loss experience and business conditions of key accounts as well as loss trends and any major legal or economic factors affecting the property & casualty line of business.
  • Communicates effectively with colleagues in underwriting and all support areas in order to meet the property & casualty insurance needs of customers.
  • May accompany senior underwriter or marketing representative on appointments in assigned and industry events.
  • Assist in the training and development of coworkers as directed by management.
  • May develop and maintain relationships with agency representatives.

Benefits

  • tuition reimbursement
  • generous 401K match
  • continued growth
  • new products
  • people development
  • internal career opportunities
  • Volunteer Benefits
  • Paid Vacation
  • Medical Benefits
  • Educational Incentives
  • Family Friendly Benefits
  • Investment Incentives
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