Philadelphia Indemnity Insurance Company

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

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

Qualifications

  • Bachelor's Degree
  • Minimum two years of commercial surety underwriting experience, preferably with a carrier
  • AFSB designation preferred
  • Proven ability to manage multiple priorities
  • Strong focus on detail and new business generation

Responsibilities

  • Prepare underwriting submissions, making recommendations or decisions
  • Participate in producer management processes, including premium collections
  • Lead negotiations on terms and conditions in proposals
  • Engage in marketing activities for business development
  • Gather and analyze information for accurate risk evaluation
  • Ensure credit quality of managed accounts and update underwriting files

Benefits

  • Comprehensive benefit package including tuition reimbursement
  • Generous 401K match
  • Focus on continued growth and new products
  • Opportunities for people development and internal career advancement
  • Fast-paced work environment with growth potential
  • Additional Volunteer Benefits, Paid Vacation, Medical Benefits, Educational Incentives, Family Friendly Benefits, and Investment Incentives
Full Job Description
We are looking for a Surety Underwriter to join our team in either of the following offices: Walnut Creek CA, Pasadena CA, Mission Viejo CA and San Diego, CA! Summary: Under moderate direction and supervision, underwrites and markets assigned products by providing intermediate levels of risk assessment and technical underwriting expertise to determine underwriting acceptability. A typical day will include the following: • Prepares underwriting submissions, making recommendations and/or decisions within established authority limits. • Participates in the producer management process which may include, but is not limited to, premium collections. • Prepares and participates in proposals to producers and/or accounts negotiating terms and conditions. • Prepares and participates in marketing activities for business development and relationship building. • Assists with gathering and analyzing information, applies appropriate underwriting techniques necessary to make an accurate evaluation of risk acceptability. • May ensure credit quality of accounts managed while maintaining and updating underwriting files. Qualifications: • Bachelor's Degree • At least two years of commercial 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

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