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Underwriter II

2 months ago


St Louis, United States FM Global Full time

FM is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.


  • Perform construction underwriting and insurance servicing activities on existing and prospective accounts with large projects in the renewable energy space, focusing on photovoltaic solar, onshore wind, and battery energy storage systems. This includes, but is not limited to, line setting, leading reinsurance needs and placement, rating and pricing, terms and conditions, value analysis, certificates of insurance, preparation of quotations, and assisting in proposal development.
  • Provide underwriting assistance and mentorship to Account Managers in handling smaller construction projects, as needed.
  • Provide construction underwriting expertise and guidance to the renewable energy team and broader organization. Recommend new or modified guidance when warranted.
  • Collaborate with the Renewable Underwriting Manager and Staff Underwriting on developing and expanding renewable construction underwriting strategy, interpersonal development, and coaching.
  • Responsible for crafting and managing relationships with key clients, brokers, and internal customers.
  • Leverage external and internal relationships to understand clients' exposures, operating strategies and business goals, and ensures mutually agreed project plans meet the long-term loss prevention, underwriting, and risk transfer goals of both the client and FM Global.
  • Stay abreast of renewable energy and insurance market trends, and broader portfolio performance. Including competitor offerings, strengths and weaknesses, profitability, emerging trends, etc.
  • Learn and demonstrate internal systems, applications, procedures, and authority levels.
  • Maintain complete and up-to-date documentation of decision-making and key documents within internal systems as appropriate.

  • Renewable Energy and Construction underwriting experience. US marketplace preferred.
  • Maintains and develops market knowledge, including competitor profiles and products.
  • Curious and driven to learn about new technologies, market practices, and trends.
  • Strong analytical, problem-solving, digital literacy, and attention to detail are required.
  • Intermediate proficiency level in Interpersonal Skills, Relationships, Account Management, Business Communications, Exposure Analysis, Negotiations, Presentation Skills, Program Structure and line setting, Planning and organizing, Policy Terms and conditions, Profitability Analysis and pricing, and Underwriting Guidelines.
  • Varying levels of experience and qualifications will be considered.

The final salary offer will vary based on geographic location, individual education, skills, and experience. The position is eligible to participate in FM Global's comprehensive Total Rewards program that includes an incentive plan, generous health, and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.

FM Global is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.