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Underwriter Trainee - Small Business Unit (Northeast Territory)

Job ID: 1007138
Date Posted: Nov 2, 2021
Department ID: MI0935 UW - Fast Track
Company: Maguire Insurance Agency Inc

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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.

Duties

We are looking for an Underwriter Trainee to join our Small Business Unit Underwriting Team. There is flexibility on the location of this position within PHLY's established offices in the Northeast territory depending on the applicants’ location.


Summary -
Evaluates property & casualty insurance applications to determine the risk involved; decides to accept or reject the application; determines appropriate premium.

A typical day will include the following:

  • Interacts with and learns the role of other groups (loss control, claims, marketing, etc.) in providing P&C products and services to routine accounts.
  • Supports small business unit underwriting team using the necessary systems, forms, methods and procedures.
  • Learn and understand key components of common products in the small business unit as well as learn and maintain knowledge of company workflow and company procedures with specific attention paid to the Quick Quotes process.
  • Contact agents, brokers and marketing department as appropriate to clarify and correct inconsistent, incorrect or missing application/submission information.
  • Conduct follow ups with agents, brokers and marketing department on binding conditions and additional information requests. With the Quick Quotes process you work directly with your agent for the entire length of the submission process.
  • Accurately review submissions, produce quotes, manage the underwriting process, update the workflow tracking system with appropriate entries, run reports to determine assignments and complete account status follow up by contacting agents, brokers and the PHLY marketing department via the most appropriate method of communication.

EEO Statement

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. 

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.

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

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