Underwriting Specialist Staff

FM•Johnston, RI

About The Position

FM seeks an Underwriting Specialist Staff to help ensure policies issued worldwide meet the company’s underwriting intent, regardless of the policy form’s origin. The role works with business units globally and coordinates policy forms and agreements across the organization. It reviews non-company forms—including competitor, broker, and client-drafted forms—for compliance with company requirements and compares external wordings with FM policy forms to identify material differences in coverage, intent, structure, and terminology. The position also maintains a repository of competitor forms and analyses, recommends updates to standard policy forms to support competitiveness and contract certainty, and drafts procedures for implementing revisions. The role supports policy composition and review, including FM Advantage, FM Affiliated, translated or localized, multi-carrier, industry-specific, and specialty wordings. It maintains review guidelines, assists Operations and Division Underwriting Managers with manuscript policy reviews, and helps determine whether proposed policy terms adequately address client loss potentials. The position also develops underwriting guidance and training, supports Policy Review Authority training candidates, collaborates with corporate departments to resolve policy-wording issues, and contributes to Staff Underwriting objectives as directed. The position may be filled at either the Underwriting Specialist Staff or Sr. Underwriting Specialist Staff level, based on the selected candidate’s skills and experience.

Requirements

Bachelor’s degree.
At least 7 years of industry underwriting or engineering experience, including at least 3 years of underwriting experience with FM Global.
Advanced policy-form analysis and comparative review skills, including the ability to interpret complex coverage language and distinguish differences in intent, scope, structure, and application.
Ability to organize, classify, and maintain policy-form repositories and supporting metadata for reliable retrieval, comparison, and reuse.
Ability to translate detailed policy comparisons into concise, decision-oriented findings for underwriting, legal, product, and leadership stakeholders.
Understanding of the underwriting decision-making process and demonstrated sound judgment in applying the Company’s capacity.
Previous successful underwriting management experience.
Understanding of the claims and legal environment in which FM operates worldwide, including principles of contract law.
Solid business acumen and experience serving both Direct and Brokered customers.
Knowledge of the property insurance market and competitor products.

Nice To Haves

MBA.
IIA, CPCU, or ARM qualification.

Responsibilities

Review competitor, broker, and other non-company policy forms for differences in coverage, underwriting intent, construction, terminology, and contract certainty, and communicate material findings to stakeholders.
Develop and maintain a centralized, searchable repository of competitor forms, endorsements, comparison materials, source information, jurisdictional applicability, and review history.
Conduct provision-by-provision comparisons of competitor forms against applicable FM forms, identifying material gaps, overlaps, emerging market features, and opportunities for form or guideline development.
Recommend changes to standard policy wordings to improve contract certainty and market competitiveness.
Assist Operations personnel with composing and manuscripting FM Advantage policies that meet insured needs, follow policy construction standards, and provide contract certainty.
Manage FM Affiliated policies, translated or localized policies, and multi-carrier wordings.
Maintain guidelines for manuscript policy and FM/broker policy reviews to ensure clarity of underwriting intent and compliance with company procedures.
Support Operations and Division Underwriting Managers with manuscript policy reviews when requested.
Determine whether proposed policies contain adequate terms and conditions to ensure clients control loss potentials.
Write and maintain underwriting guidelines that help Operations evaluate policy wordings and specific coverages in the context of a client.
Monitor, design, and deliver company training activities and content aligned with underwriting intent, and support Policy Review Authority training for candidates.
Work with corporate departments to resolve policy-wording issues.
Participate in support of Staff Underwriting objectives as directed.