Surety Underwriter II (Seattle, WA or West Linn, OR)

Philadelphia Insurance Companies (PHLY); West Linn (OR); On-site; USD 85,000 - 115,000; Full time

Benefits offered by this job

401K match

Tuition reimbursement

Career development opportunities

Job summary

Philadelphia Insurance Companies is seeking a Surety Underwriter II to join our team in either Seattle, WA or West Linn, OR. The role involves underwriting and marketing assigned products with intermediate risk assessment and technical underwriting expertise.

A typical day includes supporting regional marketing, gathering and analyzing information to evaluate risk, possibly evaluating credit quality, and preparing proposals for producers.

Qualifications

• Bachelor’s degree required.
• At least three years of contract surety underwriting experience.
• AFSB designation preferred.

Responsibilities

• Underwrites and markets assigned products with intermediate risk assessment.
• Assists with marketing activities within the region to promote new business.
• Gathers and analyzes information to evaluate risk acceptability.
• Prepares underwriting submissions and makes recommendations within authority limits.
• May evaluate credit quality and ensure credit quality of accounts.
• Participates in the producer management process including premium collections.

Skills

Risk assessment

Underwriting

Time management

Education

Bachelor's Degree

Job description

Description

We are looking for a Surety Underwriter II to join our team in either our Seattle, WA, or West Linn, OR offices!

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

A typical day will include the following:

• Assists with the preparation and participates in marketing activities within the region to promote the development of new business.
• Gathers and analyzing information, applies appropriate underwriting techniques necessary to make an accurate evaluation of acceptability of risk.
• May evaluate credit quality.
• Prepares and participates in proposals to producers and/or accounts negotiating terms and conditions.
• May ensure credit quality of accounts managed while maintaining and updating underwriting files.
• Participates in the producer management process which may include, but is not limited to, premium collections.
• Prepares underwriting submissions, making recommendations and/or decisions within established authority limits. Minimum authority is $750,000 (Surety).

Qualifications:

• Bachelor's Degree
• At leastthree years of contract surety underwriting experience preferably with a carrier.
• AFSB designation preferred.
• The ability to manage multiple priorities, generate new business and be detail oriented.

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. If you enjoy working in a fast paced work environment with growth potential
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