FM Affiliated Production Underwriter (I, II, III or SR.)
FM Affiliated Production Underwriter (I, II, III or SR.)
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Salary Not Disclosed
1 Vacancy
Job Description
Overview
Responsibilities
The Production Underwriter works closely with Account Engineers to review renewal and new business opportunities to ensure proper risk identification analysis and assessment in order to ensure the development and growth of a profitable portfolio of business in the Boston territory. FM Affiliated Production Underwriters primary relationships are with Brokers and reinsurers for insurance-related issues.
Responsibilities include meeting specific profit production and retention goals as developed in consultation with Regional Area and Assistant business contacts must be established and an effective program of calls must be executed averaging 8-10 face-to-face visits a month to ensure high visibility.
New risks must be pre-qualified based on acceptability today and its future potential. This includes a thorough analysis of the broker submission desired pricing terms and conditions financial condition adequacy of reported values and loss experience.
The companys assets must be protected by adhering to company underwriting standards and procedures. This will include determining the amount subject and net capacity commitment in addition to checking cross liability managing catastrophe aggregate retentions negotiating and purchasing reinsurance and establishing commissions in a manner most advantageous to the company.
Qualifications
- This position requires someone with a bachelors degree or equivalent.
- 2-5 Years industry experience (broker/insurance company) as Underwriter for commercial property accounts of varying occupancies and sizes.
- Candidate must also have experience dealing with a variety of occupancies as well as current engineering and underwriting issues such as current property coverages and forms and/or quickly learn and keep updated on industry state of the art.
- Additionally this person will be proficient in and have excellent organizational time management problem solving decision making interpersonal and selling skills and a working knowledge of MS Office products.
The final salary offer will vary based on geographic location individual education skills and experience. The position is eligible to participate in FMs comprehensive Total Rewards program that includes an incentive plan generous health and well-being programs a 401(k) and pension plan career development opportunities tuition reimbursement flexible work time off allowances and much more.
FM is an Equal Opportunity Employer and is committed to attracting developing and retaining a diverse workforce.
Employment Type
Full-Time
