Job ID: 1007494
Date Posted: Apr 6, 2022
Department ID: MI0906 UW - Commercial Lines
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 Commercial Lines Underwriter Trainee to join our team in our Ewing, NJ office.
In this position you will be responsible for the following duties:
Evaluates property & casualty insurance applications to determine the risk involved: assists in deciding to accept or reject the application; assists in determining appropriate premium.
Interacts with and learns the role of other groups (marketing, loss control, claims, administration, etc.)
Assists in determining the acceptability, conditions and pricing of specific property & casualty insurance risks and associated coverage.
Maintains familiarity with the products, services, priorities and target markets in the property & casualty line of business or insurance segment.
Maintains familiarity with the loss experience and business conditions of key accounts as well as loss trends and any major legal or economic factors affecting the property & casualty line of business.
Communicates effectively with colleagues in underwriting, marketing and all support areas in order to meet the property & casualty insurance needs of customers.
May accompany senior underwriter or marketing representative on appointments in assigned territory.
Successful candidates will have:
Bachelor’s Degree or equivalent work experience. An equivalent combination of education and experience may be substituted.
Internal candidates may be considered for Underwriter I title based on PHLY and industry experience.
Ability to establish and build healthy working relationships and partnerships with clients, vendors, and peers
Basic knowledge of insurance products
Analytical and problem solving mindset
Strong written and verbal communication skills
Detail-oriented and interested in learning the insurance field
Ability to work in a fast paced environment
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