Underwriter I
Company | FM Global |
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Location | Parsippany-Troy Hills, NJ, USA |
Salary | $Not Provided – $Not Provided |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Junior, 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!