Overview
FM is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.
We currently have a fantastic opportunity for someone to join the FM Affiliated team as Production Underwriter reporting to the Director FM Affiliated Paris.
The successful applicant will be responsible for developing and growing a profitable portfolio of business within an assigned territory, consistent with Corporate/FM Affiliated policies, business strategies and objectives.
Responsibilities
- Promote and market FM Affiliated products and loss prevention engineering services to a network of producers to sustain a steady stream of desirable new business opportunities and a stable portfolio of existing customers.
- Research and recommend the appointment of new brokers and establish multiple business contacts at appointed producers to maximize opportunities and maintain long term relationships.
- Develop/maintain and grow a profitable book of business:
- Evaluate and determine the acceptability of the risk through analysis of the broker submission.
- Collaborate with account engineering to complete an account risk assessment that determine the nature and level of loss prevention activity needed and identifies/quantifies risk improvement priorities.
- Complete a location level evaluation of allowable net capacity and an account risk analysis to determine overall program structure and line setting parameters that optimize net retention.
- Skillfully parley final program coverage, pricing, terms, and conditions to recognize market conditions and meet customer needs in the most cost-efficient way.
- Maintain regular contact with the producer, and customer as appropriate, throughout the term of the policy to monitor and manage change in the customer’s business and exposures.
- Provide excellent and responsive service to our broker and customer base that clearly leverages our strengths as a competitive differential in the marketplace.
- Ensure that all submissions, proposals, policies, billing, and requests for midterm changes are handled expeditiously with documentation delivered in an accurate and timely fashion.
- Provide professional advice and consultation on insurance coverage and risk management matters in the determination of customized coverage and underwriting solutions.
- Assume a team leadership role working with the different department to coordinate and deliver all products and services and demonstrates transactional speed and ease.
- Coordination of account team resources to provide excellent and responsive service that adds value to our broker and customer relationships.
Knowledge and Skills
- Bachelor’s degree in engineering, business or finance, Insurance or risk management certification desirable.
- Minimum 5 years underwriting or broker experience within the industry (insurance or brokerage) with exposure to commercial property accounts of varying occupancies and sizes. An engineering background would be a plus.
- Knowledge of our business including an understanding of risk identification and assessment, property insurance coverage, forms, financial statements, and business computer applications.
- Details oriented, with excellent time management, planning, organization, and analytical skills.
- Business oriented with sales/negotiation skills, and problem solving and decision-making mindset.
- Pro-active, resilient, motivated, and perseverant.
- Good team player and able at the same time to work autonomously demonstrating excellent judgment.
- Excellent interpersonal and communication skills (verbally and in writing) in both English and French.
- The role requires frequent travelling in France and occasionally in the USA.
Note: If you are interested in being considered for this position, please apply via Job Postings within Career Center following the instructions https://jobs.fmglobalcareers.com