Manufacturing Risk Underwriter – Essential Product

FM; Walnut Creek (CA); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Incentive plan

Medical, dental and vision insurance

Life and disability insurance

401(k) and pension plan

Tuition reimbursement

Flexible work

Job summary

FM is expanding FM Essential in manufacturing risk management, seeking a PUW I to Senior PUW. The underwriter will drive new business and renewals, balance risk and profitability, and lead broker relationships. Travel and negotiation skills are essential to grow a resilient portfolio within FM’s mutual framework.

The role requires 3–5 years underwriting experience and a Bachelor’s degree, with strong analytical and communication abilities to support market expansion and product viability.

Qualifications

• Bachelor’s degree and 3–5 years underwriting experience.
• Solid understanding of risk identification and assessment, property insurance coverage, and related forms.
• Strong communication, collaboration, attention to detail, time management, and problem-solving skills.
• Sales/negotiation/presentation capabilities essential.

Responsibilities

• Drive new business production and renewal retention while protecting underwriting profitability.
• Negotiate pricing, terms, and conditions using strategic underwriting approaches.
• Coordinate with account teams to deliver excellent broker and customer service.
• Collaborate with Account Engineers to identify risks and grow a profitable portfolio.
• Engage brokers and reinsurers for Essential product issues, with mutual funnel access.
• Meet profit, production, and retention goals in consultation with the Essential manager.
• Establish broad business contacts and conduct ~10 face-to-face visits monthly for visibility.
• Travel domestically for marketing and training; pre-qualify new risks with broker submissions, pricing, terms, and loss history.
• Adhere to underwriting standards and manage net capacity, cross-liability, catastrophe retentions, and reinsurance.

Skills

Underwriting experience

Risk assessment

Communication

Negotiation

Education

Bachelor's degree

Tools

Financial statements analysis

Job description

FM is expanding FM Essential in manufacturing risk management, seeking a PUW I to Senior PUW. The underwriter will drive new business and renewals, balance risk and profitability, and lead broker relationships. Travel and negotiation skills are essential to grow a resilient portfolio within FM’s mutual framework.

The role requires 3–5 years underwriting experience and a Bachelor’s degree, with strong analytical and communication abilities to support market expansion and product viability.