Account Underwriter AFM
2 weeks ago
FM Global 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. AFM is a strategic member of the FM Global Group.
AFM specializes in monoline commercial property insurance for business and industry in the middle market. This position is accountable for providing assistance to one or more Production Underwriters in creating and maintaining a profitable portfolio of business. Key accountabilities are supporting account teams in the development and retention of quality new and renewal business, operating within delegated authority, preparing information for review, and providing excellent and responsive service that adds new value to our broker and customer relationships.
Responsibilities:
This position, with demonstrated proficiency and competencies, has the opportunity for development into a production underwriting role. An Account Underwriter is a strong teammate with ability to anticipate business needs. Working alongside internal customers and other colleagues, the successful candidate will demonstrate initiative, good judgement, and decision-making skills in all areas of accountability. Work closely with the Production Underwriter on all aspects needed to develop new business and retain a profitable book of renewal business.
Review/Evaluate Statement of Values, Company Financials and Loss History of current and prospective insureds. Work with the Production Underwriter to establish coverage, pricing, terms and conditions and place reinsurance, as directed. Maintain underwriting systems to be accurate and consistent within company guidelines.
Qualifications:
Bachelor’s degree or equivalent preferred. High school or equivalent required.
2+ years AFM or FM Global experience or 2+ years industry experience desired
Skills
Strong written and oral communication skills
Team oriented
Efficient time management skills
Problem solving skills
Computer / Technology proficient, with advanced Excel proficiency
Effective presentation skills
Working knowledge of our business including an understanding of risk identification and assessment, as well as property insurance coverages.
Potential ability to establish a network of property producers and industry contacts.
The final salary offer will vary based on 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.
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