Job ID: 1007118
Date Posted: Oct 13, 2021
Department ID: MI0917 Commercial Surety-Home Office
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 Surety Underwriter to join our team in Chicago, IL!
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. May provide intermediate level of financial analysis to determine credit quality.
A typical day will include the following:
Assists with gathering and analyzing information, applies appropriate underwriting techniques necessary to make an accurate evaluation of acceptability of risk. May evaluate credit quality.
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 $500,000 (Surety).
Prepares and participates in proposals to producers and/or accounts negotiating terms and conditions.
May ensure credit quality of accounts managed while maintaining and updating underwriting files.
Successful candidates will have the following -
At least two years of contract surety underwriting experience preferably with a carrier.
AFSB designation preferred.
The ability to manage multiple priorities, generate new business and be detail oriented.
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.
This position is not able to be performed within the state of Colorado.