Sr. Surety Underwriting Spec. (Minneapolis, MN)

Job Description

Marketing Statement

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.

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Duties

We are looking for a Surety Underwriting Specialist to join our team!

Summary -

Under limited direction, independently underwrites and markets assigned products by providing high levels of risk assessment and technical underwriting expertise to determine underwriting acceptability.  May provide high level of financial analysis to determine credit quality.


A typical day will include the following:

Conducts analysis and applies appropriate underwriting techniques necessary to make an accurate evaluation of acceptability of risk.  May evaluate credit quality.

Prepares and participates in proposals to producers and/or accounts negotiating terms and conditions.

Prepares and participates in marketing activities within the region to promote the development of new business.

Participates in the producer management process which may include but is not limited to, premium collections.

Prepares underwriting submissions, making recommendations and/or decisions within established authority limits. Minimum authority is $1,750,000 (Surety).

May ensure credit quality of accounts managed while maintaining and updating underwriting files.

Qualifications

• Bachelor’s degree; equivalent combination of education and experience may be considered
• Minimum 5 years’ related Surety UW experience within P&C Commercial Insurance
•  AFSB Designation preferred.

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.