Sr. Specialty Underwriter

PHLY Insurance Services Inc; Lone Tree (CO); On-site; USD 94,000 - 114,000; Full time

Benefits offered by this job

Tuition reimbursement

401K match

Job summary

PHLY Insurance Services Inc seeks a Senior Underwriter to support the Management and Professional Lines portfolio, underwriting, marketing and profitability goals while building strong agency relationships with brokers and accounts.

The role requires advanced technical underwriting expertise in Financial Lines and Management Liability, with the ability to mentor junior underwriters and collaborate across underwriting, risk management and claims teams.

Qualifications

• Bachelor's degree in a related field or equivalent experience.
• Minimum 5 years in underwriting or related industry.
• Experience managing agency relationships and profitable book of business.

Responsibilities

• Underwrite and market assigned products within Management and Professional Lines.
• Manage a profitable book of business and develop agency relationships with brokers.
• Prepare submissions, analyze financials and pricing, and present proposals to producers.
• Mentor and train less experienced underwriters and collaborate with cross-functional teams.

Skills

Financial Lines

Management Liability

Underwriting

Sales skills

Education

Bachelor's degree

RPLU

CPCU

ARM

AU

Tools

Microsoft Office

Underwriting platforms

Job description

Marketing Statement

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.

About the Role

Philadelphia Insurance Companies is seeking a highly motivated and results-driven Senior Underwriter to support the continued growth and profitability of our Management and Professional Lines portfolio. Under limited direction and supervision, this experienced individual contributor will underwrite and market assigned products, manage a profitable book of business, and develop strong agency relationships while delivering underwriting excellence across Management Liability products. This position can be in AZ, UT, NV, MT, ID, OR, CO, WA, NM or WY. The successful candidate will bring advanced technical underwriting expertise, a consultative sales approach, and the ability to partner effectively with brokers, agents, and internal stakeholders to achieve business objectives. The role handles more complex underwriting issues with manager assistance as needed and contributes to the development of less experienced underwriters.

Key Responsibilities

• Portfolio Management & Underwriting
  • Manage and grow a profitable book of business across the following products:
    • Directors & Officers (D&O)
    • Employment Practices Liability (EPL)
    • Fiduciary Liability
    • Crime
    • Cyber
    • Workplace Violence and other Management Liability products
  • Independently gather and analyze information and apply advanced underwriting techniques to evaluate risk acceptability.
  • Evaluate, select, and price risks in accordance with PHLY underwriting guidelines, established authority levels, and the department philosophy of underwriting profit by account and line of business.
  • Analyze financial statements, operational exposures, loss experience, and other risk characteristics to make sound underwriting decisions.
  • Prepare underwriting submissions and make recommendations or decisions within established authority limits.
  • Prepare and present proposals to producers and accounts, negotiating pricing, coverage terms, conditions, and endorsements for complex new and renewal business.
  • Identify cross-sell opportunities across PHLY commercial product offerings.
  • Mentor and train less experienced underwriters, sharing technical knowledge and effective underwriting practices.
• Agency & Broker Development
  • Build, maintain, and strengthen relationships with assigned agency partners, producers, and brokers.
  • Develop territory and agency strategies to drive profitable growth.
  • Prepare for and participate in marketing activities, agency visits, stewardship meetings, and presentations to communicate PHLY products and value proposition.
  • Monitor production, retention, and profitability results and implement action plans as needed.
  • Participate in the producer management process.
• Business Development
  • Execute targeted marketing plans to attract new business opportunities.
  • Partner with agency partners to identify and develop prospective accounts.
  • Maintain awareness of industry trends, market conditions, and competitor activity.
  • Share market intelligence and underwriting insights with leadership and team members.
• Collaboration & Service
  • Partner with underwriting, claims, risk management, marketing, operations, and product management teams to support business objectives.
  • Deliver exceptional customer service to agents, brokers, and insureds.
  • Consistently meet service standards, turnaround times, and production expectations.

Qualifications

• Advanced technical knowledge of Financial Lines and Management Liability insurance products.
• Strong analytical, financial analysis, and risk assessment skills.
• Sales, marketing, negotiation, business development, and relationship management capabilities.
• Excellent interpersonal, communication, and relationship-building abilities.
• Ability to engage effectively with internal and external business partners at all organizational levels.
• Ability to develop and execute territory marketing strategies.
• Sound independent decision-making skills, advanced underwriting judgment, and the ability to handle complex issues with manager assistance as needed.
• Ability to adapt and thrive in a dynamic business environment.
• Proficiency with Microsoft Office Suite and underwriting-related systems.

Education & Experience

• Bachelor's degree and a minimum of 5 years of related industry or underwriting experience; an equivalent combination of education and experience may be substituted.
• Demonstrated experience managing agency relationships, negotiating with producers and accounts, and managing a profitable book of business.
• Professional designations such as RPLU, CPCU, ARM, or AU are preferred.

National Range: $94,000.00 - $114,000.00 Ultimate salary offered will be based on factors such as applicant experience and geographic location.

Why Join PHLY?

PHLY is a team of motivated, high achievers committed to delivering innovative products and unsurpassed service to niche insurance markets. Through a disciplined approach, underwriting specialization, and expertise in well-defined niches, we seek to provide greater security for policyholders and superior value for our shareholder. We believe integrity and mutual respect are the foundation of long-term, fulfilling relationships with employees, customers, and business partners. PHLY invests in employees through professional development opportunities, a collaborative culture, and rewarding career growth.

Equal Opportunity Employer

PHLY is an Equal Opportunity Employer committed to fostering an inclusive workplace where all employees can thrive. #LI-CM1

EEO Statement: Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, sexual orientation and/or any other status protected by law.

Benefits

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

PHLY Overview

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