Commercial Property Underwriter

4 days ago


Walnut Creek, California, United States Factory Mutual Insurance Company Full time
Job Title: Commercial Property Underwriter

Factory Mutual Insurance Company is seeking a highly skilled Commercial Property Underwriter to join our team in Walnut Creek, CA.

Job Summary

We are looking for a talented and experienced underwriter to provide technical support to our Account Managers in developing sound insurance programs for existing and prospective clients. The successful candidate will be responsible for developing underwriting, relationships, and engineering skills while providing technical support on underwriting issues.

Key Responsibilities
  • Provide technical support to Account Managers in handling underwriting details such as value validation, line settings, reinsurance needs, and placement.
  • Gain and maintain up-to-date knowledge of underwriting standards, policy forms, and loss prevention practices.
  • Assist Account Managers in developing insurance programs that satisfy customer needs while adhering to company policies, procedures, and guidelines.
  • Independently manage and process small to midsize accounts under supervision.
  • Maintain an up-to-date knowledge of company underwriting standards, market trends, coverage, programs, reinsurance, and new developments in the North American insurance market.
Requirements
  • Bachelor's degree or equivalent qualification/experience.
  • 3+ years of experience in the insurance or financial industry.
  • Experience in processing or field/account engineering is a plus.
  • Strong analytical and problem-solving skills with considerable attention to detail.
  • Dedicated team player with excellent communication skills.
What We Offer

Factory Mutual Insurance Company offers a 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.

The hiring range for this position is $77,400 to $96,700. The final salary offer will vary based on geographic location, individual education, skills, and experience.



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