Surety Underwriter (Walnut Creek CA, Pasadena CA, Mission Viejo CA and San Diego CA)

Philadelphia Insurance Companies; Walnut Creek (CA); On-site; USD 80,000 - 120,000; Full time

Benefits offered by this job

Tuition reimbursement

401K match

Job summary

Philadelphia Insurance Companies, a member of the Tokio Marine Group, is seeking a Surety Underwriter to join our team in Walnut Creek, CA (also in Pasadena, Mission Viejo and San Diego). The role provides intermediate risk assessment and underwriting expertise to determine underwriting acceptability.

Typical duties include preparing submissions, negotiating terms with producers, and contributing to marketing and business development efforts while maintaining underwriting files and credit

Qualifications

• Bachelor's Degree required.
• Minimum two years of commercial surety underwriting experience (carrier preferred).
• AFSB designation preferred.
• Ability to manage multiple priorities, generate new business and stay detail oriented.

Responsibilities

• Prepares underwriting submissions and makes recommendations within authority.
• Participates in producer management and premium collection activities.
• Prepares and negotiates terms and conditions in proposals to producers/accounts.
• Assists in marketing activities for business development and relationship building.
• Gathers and analyzes information to evaluate risk acceptability.
• Maintains and updates underwriting files and ensures credit quality of accounts.

Skills

Underwriting experience

Risk assessment

Client management

Education

Bachelor's Degree

Job description

Marketing StatementPhiladelphia 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.DescriptionJob DescriptionMarketing StatementPhiladelphia 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.

We are looking for a Surety Underwriter to join our team in either of the following offices Walnut Creek CA, Pasadena CA, Mission Viejo CA and San Diego, CA!

SummaryUnder 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

• Prepares underwriting submissions, making recommendations and/or decisions within established authority limits.
• Participates in the producer management process which may include, but is not limited to, premium collections.
• 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.
• Assists with gathering and analyzing information, applies appropriate underwriting techniques necessary to make an accurate evaluation of risk acceptability.
• May ensure credit quality of accounts managed while maintaining and updating underwriting files.

Qualifications

• Bachelor's Degree
• At least two years of commercial 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. 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