Job ID: 1007505
Date Posted: Apr 6, 2022
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 Specialty Underwriter Trainee to join our team
Working under direct supervision, underwrites and markets assigned products by providing basic risk assessment and technical underwriting to determine underwriting acceptability or may provide support and assistance by handling administrative and routine underwriting tasks. May provide basic level of financial analysis to determine credit quality.
A typical day will include the following:
Reads, studies and learns basic technical underwriting principles of the assigned line of business.
Learns to apply appropriate underwriting techniques necessary to make an accurate evaluation of acceptability of the risk and provide recommendation. May evaluate credit quality
Supports and participates in marketing activities within the region to promote the development of new business or may support underwriting staff using necessary systems, forms, methods and procedures.
Assists in the producer management process which may include, but is not limited to, assessment of premium collections
Maintains and updates underwriting files, as requested.
Supports and participates in proposals to producers and/or accounts negotiating terms and conditions.
Bachelor's Degree or equivalent work experience.
Proficient MS Office.
Detail-oriented and interested in learning the insurance field.
Able to work in a fast-paced environment.
Some experience with professional liability or commercial lines insurance experience preferred
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