Underwriter II - Small Business Unit

Maguire Insurance Agency Inc; Bala Cynwyd (PA); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Tuition reimbursement

Generous 401K match

Job summary

Maguire Insurance Agency Inc is seeking an Underwriter II for the Small Business Unit New Business Team in Bala Cynwyd, Pennsylvania. This role involves evaluating property and casualty insurance applications, determining associated risk, and deciding acceptance or rejection of applications.

The ideal candidate will have a Bachelor's degree or equivalent and 1-4 years of underwriting experience. Benefits include a comprehensive package with tuition reimbursement and a generous 401K match.

Qualifications

• Minimum of 1-4 years of commercial package underwriting experience required.
• Bachelor's degree or equivalent is preferred.
• Effective communication with colleagues and agency representatives.

Responsibilities

• Evaluates property & casualty insurance applications to determine risk.
• Assists in determining acceptability, conditions, and pricing.
• Communicates effectively to meet insurance needs.

Skills

Commercial package underwriting experience

Effective communication

Risk evaluation

Education

Bachelor's degree or equivalent

Job description

Underwriter II – Small Business Unit New Business Team

We are looking for an Underwriter II to join our Small Business Unit new business team!

Summary

Evaluates property & casualty insurance applications to determine the risk involved: decides to accept or reject the application; determines appropriate premium.

Responsibilities

• Assists in determining the acceptability, conditions and pricing of specific property & casualty insurance risks and associated coverage.
• Maintains familiarity with the products, services, priorities and target markets in the property & casualty line of business or insurance segment.
• Maintains familiarity with the loss experience and business conditions of key accounts as well as loss trends and any major legal or economic factors affecting the property & casualty line of business.
• Communicates effectively with colleagues in underwriting and all support areas in order to meet the property & casualty insurance needs of customers.
• May accompany senior underwriter or marketing representative on appointments in assigned and industry events.
• Assist in the training and development of coworkers as directed by management.
• May develop and maintain relationships with agency representatives.

Qualifications

• Bachelor's degree or equivalent is preferred, an equivalent combination of education and experience may be considered.
• Minimum of 1-4 years of commercial package underwriting experience required.

Equal Employment Opportunity 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.