Philadelphia Insurance Companies Assistant Underwriter I - Restoration Contractors in Bala Cynwyd, Pennsylvania
Philadelphia Insurance Companies, a member of the Tokio Marine Group, designs, markets and underwrites commercial property/casualty and professional liability insurance products for select industries. We have been in operation since 1962 and are nationally recognized as a member of Ward's Top 50 and rated A++ by A.M.Best.
We are looking for a Assistant Underwriter I to join our team
SUMMARY-Provides support toRestoration Contractor program underwriting unit by handling routing rating, endorsements, new business/renewals and other basic underwriting functions.
JOB RESPONSIBILITIES:Processes new business/renewals and endorsements for Restoration Contractor program (RC) accounts and handles basic underwriting analysis for some routine new and renewal business applications.
Communicates with appropriate colleagues aboutRC needs, changes or concerns regarding assigned accounts. Maintains records of losses, endorsements or other pertinent information on assigned accounts. Understands key components of common products in the property & casualty line of business or insurance segment. Accurately enter all risk and exposure information into underwriting rating system following the company’s filed rules, rates and underwriting appetite to calculate premiums which adequately reflect applicant’s exposure all while remaining within given underwriter authority
Maintain knowledge of underwriting rates, rules and guidelines on RC products, products, and geographic regions as well as knowledge on overall company workflow, procedures and products
JOB REQUIREMENTSHigh School diploma or equivalent is required. Some college is preferred.Two to three years of assistant underwriting experience.Computer proficiency with Windows and office support software
Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine Management, Inc., TMNA Services, LLC and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, sexual orientation and/or any other status protected by law.
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.