Senior Underwriter

4 days ago


Boston, Massachusetts, United States PMA Companies Full time

Job Summary

PMA Companies is seeking a highly skilled Senior Underwriter - Commercial Insurance Specialist to join our team. As a key member of our underwriting team, you will be responsible for underwriting new and renewal business, including solicitation, selection, and pricing of complex multi-line risks.

Key Responsibilities

  • Analyze and select coverage for commercial risks, determining terms and conditions of coverage on new and renewal business.
  • Apply and conform to underwriting rules and guidelines, rating manuals, insurance laws and regulations.
  • Mentor and provide technical training and guidance to coworkers.
  • Determine, coordinate and direct account management activities with various departments.

Requirements

  • Bachelor's degree or equivalent experience required.
  • ~7 years of casualty underwriting with an insurance carrier required.
  • Advanced knowledge of casualty coverage and loss sensitive deal structures (retrospective rating, large deductible, captive, and self-insurance).
  • Additional knowledge in financial analysis, account management and collateral management is desired.

Preferred Qualifications

  • Advanced knowledge of local and regional market conditions as well as industry trends.
  • Prior experience in or knowledge of Minnesota, Wisconsin and/or Michigan markets and ability to travel within these markets is strongly preferred.
  • Advanced knowledge of underwriting territory and strong relationships with the local distribution network (local and regional agents, national and regional brokers, and select consultants).

About PMA Companies

PMA Companies is a leading provider of commercial insurance solutions. We are committed to delivering exceptional service and expertise to our clients and partners.


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