Underwriter II (Bala Cynwyd, PA or West Coast)

Philadelphia Insurance Companies • Lower Merion Township, PA

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 an Underwriter II to join our team in Bala Cynwyd, PA or on the West Coast! Summary: Evaluates property & casualty insurance applications to determine the risk involved: decides to accept or reject the application; determines appropriate premium. PHLY delivers comprehensive insurance coverage and risk management expertise in over 120 specialized business markets across the country. For over 60 years, we've focused on delivering unsurpassed customer service to our policyholders, agents, and broker partners. Headquartered just outside of Philadelphia and with more than 2,000 employees strategically located across the U.S., we consistently provide value-added coverages and services to customers. Our commitment to unsurpassed customer service, industry-leading financial strength, and talented employees help set us apart from other companies. PHLY is also a proud a member of the Tokio Marine Group, one of the largest global insurance groups in the world and a top 20 P/C carrier in the U.S. Based on a June 2022 AM Best Report on net written premium

Requirements

• Bachelor's degree or equivalent is preferred, or an equivalent combination of education and experience may be considered.
• Three to five years of commercial lines underwriting experience

Nice To Haves

• CPCU designation preferred

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

• 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