Sr. Specialty Underwriter - TMS Excess Casualty (Any PHLY Office)

PHLY Insurance Services Inc; Bala Cynwyd (PA); On-site; USD 90,000 - 130,000; Full time

Job summary

PHLY Insurance Services Inc. is seeking an experienced underwriter in Bala Cynwyd, PA, to underwrite and market assigned products with strong risk assessment and technical expertise. You will gather information, evaluate risk acceptability, and prepare submissions within authority limits.

The role involves proposing terms to producers, participating in marketing activities, and mentoring junior underwriters. A Bachelor's degree is required with 5+ years of underwriting experience preferred.

Qualifications

• Previous E&S underwriting experience required.
• 5+ years underwriting experience preferred; marketing and agency development skills required.

Responsibilities

• Underwrites and markets assigned products with high levels of risk assessment and technical underwriting expertise to determine acceptability.
• Gathers and analyzes information, applying underwriting techniques to evaluate risk acceptability.
• Prepares underwriting submissions, making recommendations within authority limits.
• Prepares and participates in proposals to producers and/or accounts negotiating terms and conditions.
• Prepares and participates in marketing activities for business development and relationship building.
• Mentors and trains less experienced underwriters.

Skills

Marketing & agency development

Underwriting

Analytical thinking

Risk assessment

Education

Bachelor's degree or equivalent

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.

Summary:

Under limited direction and supervision, underwrites and markets assigned products by providing high levels of risk assessment and technical underwriting expertise to determine underwriting acceptability.

A typical day will include the following:

Gathers and analyzes information, applying appropriate underwriting techniques necessary to make an accurate evaluation of risk acceptability.

Prepares underwriting submissions, making recommendations and/or decisions within established authority limits.

Prepares and participates in proposals to producers and/or accounts negotiating terms and conditions.

Prepares and participates in marketing activities for business development and relationship building.

Mentors and trains less experienced underwriters.

Qualifications:

Previous E&S underwriting experience required

Demonstrated marketing and agency development skills/experience required 5+ years underwriting experience preferred Analytical, results-oriented and possess a strong sense of urgency Bachelor's degree or equivalent

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:

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 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