Job ID: 1007550
Date Posted: Jun 13, 2023
Department ID: MI0901 UW - Mgmt & Prof Liability
Company: Maguire Insurance Agency Inc
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 Sr. Underwriter/Underwriting Specialist to join our Management & Professional Liability (MPL) team!
This key role will produce and underwrite management liability business for retail agents and wholesale brokers, as well as underwriting D&O, E&O, Cyber and Crime. At PHLY you have the opportunity to continually develop your underwriting knowledge, sales acumen, and distribution management skills while working with some of the best agents in the country. Great opportunity for an experienced Underwriter looking for company that provides autonomy, support and senior level authority, while working in a team environment.
A typical day will include the following:
Determine acceptability, conditions, and pricing of specific management and professional liability insurance products and agree on coverage within regulatory requirements, corporate product offerings and authority level.
Maintain up-to-date knowledge of loss experience and business conditions of key accounts as well as loss trends and any relevant legal or economic factors regarding the management liability business
Participate on a team of underwriters and other staff to meet the management and professional liability insurance and service needs of large multi-product customers.
Maintain up-to-date knowledge of all products, services, priorities and target markets in the management and professional liability line of business or insurance segment.
Market products to Agency partners within assigned territory. This role will also accompany PHLY Marketing Representatives to meetings when product expertise is needed.
Bachelor's degree or equivalent
Working towards CPCU and/or RPLU designation(s) is preferred
5-7 years of Management Liability underwriting experience
D&O experience required: E&O, Cyber and Crime preferred
Strong attention to detail skills and degree of organization
Must be analytical, results-oriented and possess a strong sense of urgency
Must have demonstrated marketing and agency development skills/experience
Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. 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.
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
The salary range posted is pursuant to Washington and Colorado law. Ultimate salary offered will be based on factors such as applicant experience and geographic location.
$95,000 - $125,000