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Underwriter I

Underwriter I

CompanyFM Global
LocationParsippany-Troy Hills, NJ, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
DegreesBachelor’s
Experience LevelJunior, Mid Level

Requirements

  • Bachelor’s degree or equivalent qualification.
  • Experience working in the insurance industry with at least 2 years loss prevention engineering experience preferred!
  • Flexibility in prioritizing and handling diverse activities and workload.
  • Excellent communication skills—written, presentational and verbal.
  • Strong analytical and problem-solving skills with considerable attention to detail.
  • Excellent computer skills.

Responsibilities

  • Providing technical assistance to account managers in handling underwriting details such as values analysis, linesetting, reinsurance needs and placement.
  • Being a resource to the Client Service department by gaining and maintaining up-to-date knowledge of underwriting standards, policy forms and loss prevention practices.
  • Aiding the Client Service team in the development and implementation of the global insurance programs that satisfy customer needs while adhering to company policies, procedures and guidelines.
  • Assisting account managers in the preparation and delivery of internal and external meetings, presentations, proposals and account servicing activities.
  • Keeping up to date on market trends, coverage, programs, reinsurance, and the new developments in the insurance market.
  • Managing smaller accounts when assigned and developing external client and broker negotiation and servicing skills.
  • Completing all necessary training in underwriting and other areas to attain underwriting binding authority and developing the skills, experience, and knowledge required to ultimately advance to account manager.

Preferred Qualifications

  • Experience working in the insurance industry with at least 2 years loss prevention engineering experience preferred!