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 in a relevant field.
  • Minimum of two years of commercial surety underwriting experience, preferably with a carrier.
  • AFSB designation is preferred for added credibility.
  • Ability to manage multiple priorities effectively.
  • Detail-oriented with a focus on accuracy in risk assessment.

Responsibilities

  • Prepare underwriting submissions and make recommendations within authority limits.
  • Participate in the producer management process, including premium collections.
  • Negotiate terms and conditions in proposals to producers and/or accounts.
  • Engage in marketing activities for business development and relationship building.
  • Gather, analyze, and apply underwriting techniques for evaluating risk acceptability.
  • Ensure credit quality of managed accounts and maintain updated underwriting files.

Benefits

  • Comprehensive benefit package with tuition reimbursement.
  • Generous 401K match to support retirement savings.
  • Opportunities for continued professional development and growth.
  • Internal career opportunities supporting advancement.
  • Paid vacation and family-friendly benefits.
  • Investment incentives and medical benefits available.
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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