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Philadelphia Insurance Companies Underwriter Trainee - Commercial Auto (Bala Cynwyd, PA) in Bala Cynwyd, Pennsylvania

Marketing Statement

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.

Duties

We are looking for an Underwriter Trainee to join our Commercial Auto Underwriting team in Bala Cynwyd, PA.

Philadelphia Insurance Companies is committed to providing the automobile and truck rental and leasing industry with a broad range of value-added insurance coverages. Coupled with in-depth knowledge, underwriting flexibility, and competitive pricing, Philadelphia Insurance Companies is recognized as a premier writer of these coverages and is nationally recognized as an industry leader.

Summary -

Evaluates property & casualty insurance applications to determine the risk involved: decides to accept or reject the application; determines appropriate premium.

A typical day will include the following:

  • Assists in determining the acceptability, conditions and pricing of specific property & casualty insurance risks and associated coverage.

  • Maintains familiarity with the products, services, priorities and target markets in the property & casualty line of business or insurance segment.

  • Maintains familiarity with the loss experience and business conditions of key accounts as well as loss trends and any major legal or economic factors affecting the property & casualty line of business.

  • Communicates effectively with colleagues in underwriting and all support areas in order to meet the property & casualty insurance needs of customers.

  • May accompany senior underwriter or marketing representative on appointments in assigned teritory.

  • Assist in the training and development of coworkers as directed by management.

Qualifications

Successful candidates will have the following:

  • Bachelor's Degree or equivalent work experience

  • Ability to establish and build healthy working relationships and partnerships with clients, vendors, and peers

  • Basic knowledge of insurance products

  • Analytical and problem-solving mindset

  • Strong written and verbal communication skills

EEO Statement

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.

Benefits

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

Bonus/Annual Incentive

This position is eligible to participate in the Company's Incentive Plan.

REQNUMBER: 1008953-1A

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