Philadelphia Indemnity Insurance Company

Surety Underwriter II (Walnut Creek, Pasadena, Mission Viejo, and San Diego)

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree required
  • Minimum three years of contract surety underwriting experience, preferably with a carrier
  • AFSB designation preferred
  • Strong multitasking skills
  • Detail oriented with a focus on generating new business

Responsibilities

  • Participate in the producer management process, including premium collections
  • Prepare underwriting submissions and make recommendations within authority limits of $1,000,000
  • Engage in marketing activities to promote new business development
  • Gather and analyze information to evaluate risk acceptability
  • Negotiate terms and conditions in proposals to producers/accounts
  • Maintain and update underwriting files to ensure credit quality

Benefits

  • Comprehensive benefit package including tuition reimbursement
  • Generous 401K match
  • Opportunities for professional development and internal career growth
  • Rich history of outstanding results and business growth
  • Family friendly benefits include paid vacation and medical benefits
Full Job Description
We are looking for a Sr. Surety Underwriter to join our team in either our Walnut Creek, Pasadena, Mission Viejo or San Diego offices! Summary: Under limited direction and supervision, underwrites and markets assigned products by providing high levels of risk assessment and technical underwriting expertise to determine underwriting acceptability. May provide high level of financial analysis to determine credit quality. A typical day will include the following: • Participates in the producer management process which may include, but is not limited to, premium collections. • Prepares underwriting submissions, making recommendations and/or decisions within established authority limits. Minimum authority is $1,000,000 (Surety). • Prepares and participates in marketing activities within the region to promote the development of new business. • Gathers and analyzing information, applies appropriate underwriting techniques necessary to make an accurate evaluation of acceptability of risk. May evaluate credit quality. • Prepares and participates in proposals to producers and/or accounts negotiating terms and conditions. • May ensure credit quality of accounts managed while maintaining and updating underwriting files. Qualifications: Bachelor's Degree At least three years of contract surety underwriting experience preferably with a carrier. AFSB designation preferred. The ability to manage multiple priorities, generate new business and be detail oriented. 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. If you enjoy working in a fast paced work environment with growth potential please apply online. Additional information on Volunteer Benefits, Paid Vacation, Medical Benefits, Educational Incentives, Family Friendly Benefits and Investment Incentives can be found at https://www.phly.com/Careers/default.aspx

About Philadelphia Indemnity Insurance Company

Philadelphia Indemnity Insurance Company is a subsidiary of Tokio Marine Group, a global insurance company. They offer a range of commercial insurance products, including property, liability, and automobile coverage. They work with a network of independent agents and brokers to provide customized insurance solutions to businesses of all sizes. They are committed to providing exceptional customer service and have received numerous awards for their claims handling and underwriting expertise.
Learn more about Philadelphia Indemnity Insurance Company
Size
1,000 employees
Industry
Founded
1980

Similar Jobs

More Jobs at Philadelphia Indemnity Insurance Company

More Finance & Insurance Jobs

Find similar Surety Underwriter II (Walnut Creek, Pasadena, Mission Viejo, and San Diego) jobs: