College degree preferred or equivalent work experience
At least 1 year of GBU or 2 years of small commercial underwriting experience
Strong oral and written communication skills
Ability to work independently and collaboratively
Proficient in MS Office suite, including Excel, Word, and PowerPoint
Familiarity with TMA internal systems is preferred
Responsibilities
Evaluate and price Risk Management Multi Line accounts within authority
Analyze exposures and recommend underwriting actions and pricing levels
Take appropriate underwriting actions within delegated authority
Ensure compliance with documentation and regulatory requirements
Prepare transactions accurately and timely according to guidelines
Coordinate account activities with various departments and stakeholders
Maintain effective communication with clients, producers, and team members
Benefits
Comprehensive benefits package
Generous 401K match
Focus on continued growth and new product development
Opportunities for people development and internal career advancement
Full Job Description
Job Summary
Evaluate and price Risk Management Multi Line accounts within designated authority. Determine acceptability and recommend
underwriting action consistent with corporate/departmental goals and objectives. Continue to develop critical risk evaluation
skills through gradually increasing the complexity of accounts handled.
Essential Job Functions
Understands, complies and maintains current knowledge of underwriting guidelines, procedures, goals and objectives.
Analyzes and evaluates exposures, determines and recommends underwriting actions determines the appropriate pricing levels and identify appropriate underwriting alternatives.
Takes appropriate underwriting action within the scope of delegated
authority. Transactions that exceed authority are referred using established format and procedures with applicable underwriting recommendations.
Responsible for transactions related to Underwriting including file documentation and regulatory compliance, proposal/binder issuance and ordering Loss Control surveys.
Prepares all transactions including referrals, quotations, renewals, reinsurance placements, filings, account advisories etc., both accurately and timely in accordance with established guidelines, schedules and procedures.
Completes all file documentation, and rating schedules in compliance with all internal underwriting and state regulatory requirements.
Coordinates, with assistance as needed, account activities between various other departments, underwriters, account executive officers and producers within the scope of account ownership and authority.
Maintains effective communication and rapport with Client Solutions, insureds (as applicable), producers, other departments, and unit staff members.
Provides clear, concise requests and instructions on all account transaction matters to other departments and unit members as applicable.
Stays current with market intelligence on an ongoing basis.
Prioritize work to meet producer deadlines and established company time service standards.
Takes ownership of maintaining and improving a high level of customer service.
Independently develops and manages relationships with the producers who handle risk management accounts.
Register for In-House and Industry Sponsored Seminars and Webinars relevant to Commercial Insurance.
Responsible for complying with proper internal controls as necessary to conduct job functions and/or carry out responsibilities and/or administrative activities at Company.
Qualifications
College degree preferred, or equivalent work experience.
At least 1 year GBU or 2 years small commercial underwriting
experience.
Strong oral and written communication skills.
Ability to work independently and as part of a team.
Working knowledge of MS Office suite software, including Excel, MS Word and Power Point.
Familiarity with TMA internal systems is preferred.
Salary range $85,000 to $90,000. Ultimate salary offered will be based on factors such as applicant experience and geographic location. Our company offers a competitive benefits package and bonus eligibility on top of base.
TMA believes the perfect candidate is more than just a resume. If you don't meet every single requirement, but are still interested in the job, we encourage you to apply.
Benefits:
We offer a comprehensive benefit package, which includes 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.
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.
