Underwriter I
Underwriter I
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Salary Not Disclosed
1 Vacancy
Job Description
Overview
For nearly two centuries FM Global clients have relied on our unmatched expertise in creating engineeringdriven risk management solutions. FM Global is the worlds largest commercial property insurance and risk management organization specializing in large properties. More than one in three Fortune 1000 company as well as leading international corporations benefit from FM Globals superior financial strength risk management skills and extensive expertise in loss prevention engineering and research.
This position is accountable for developing underwriting relationships and engineering skills. This is while providing assistance to the Account Manager primarily with underwriting policy issuance and invoicing. Individuals in this position will complete all necessary training in underwriting engineering relationships client servicing and sales as outlined in a specific development plan. This could extend to basic engineering training based on a candidates experience. It is expected that people in this position will develop the skills experience and knowledge to ultimately transition into more advanced underwriting roles or account management.
Depending on the level of the candidates skill and experience this position may be eligible for alignmenttoUnderwriter I or Underwriter levels of experience and qualifications will be considered.
Responsibilities
Provides assistance to Account Managers in handling underwriting duties including risk assessment risk transfer MFL Study development and pricing. Individuals would also be expected to provide analysis of terms and conditions values and review policies for accuracy.
Learns loss prevention and control concepts. Including how to read and use information from Risk Reports and apply their knowledge to assist the Account Manager in exposure identification and analysis.
Gains and maintains a good knowledge of the underwriting requirements policy terms and conditions profitability analysis and pricing. This is to assist the account manager in determining a sustainable and profitable underwriting position.
Assists the Account Manager in account servicing activities. Including: preparing for internal and external meetings presentations proposals to begin developing account management and effective presentation skills.
Applies interpersonal skills to build relationships with Client Service Team members working in a variety of roles from processing to engineering to account management to Staff Underwriting.
Qualifications
Four Year College Degree/Bachelors
Two Years Insurance or Financial Industry Experience Preferred!
Strong analytical problem solving computer skills and attention to detail is required
Basic proficiency level in the competencies of Commercial Property Insurance Business Communications Exposure Analysis Negotiations and Presentation Skills.
Intermediate proficiency level in the competencies of Interpersonal Skills Planning & Organizing Policy Terms & Conditions Profitability Analysis and Underwriting Requirements
Employment Type
Full-Time
