Assistant Underwriter I-CORE

Job Description

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.

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Duties

We are looking for a Assistant Underwriter I-CORE to join our team

Summary -

Provides support to Commercial & Specialty lines underwriting units by handling routine underwriting tasks. Calculate premiums, maintain coverage and exposure changes throughout the policy term, within the speed of service and standard operating procedures set forth by the department.


A typical day will include the following:

Processes automatic renewals and/or endorsements for assigned accounts.

Understands key components of common products in the property & casualty line of business or insurance segment.

Accurately enter all risk and exposure information into underwriting rating system following the company's filed rules, rates and underwriting guidelines to calculate premiums which adequately reflect applicant's exposure all while remaining within given underwriter authority.

Maintain knowledge of underwriting rates, rules and guidelines on assigned programs, products, and geographic regions as well as knowledge on overall company workflow, procedures and products.


Enter endorsement requests into appropriate tracking system. Run daily report to identify new endorsement requests that need reviewed for authority and missing information to log accordingly.

Communicate with agents, brokers and marketing department as appropriate to clarify and correct inconsistent, incorrect or missing information, and conduct follow ups to obtain information necessary to process the Automatic Renewal/Endorsement request.

Duties

We are looking for a Assistant Underwriter I-CORE to join our team

Summary -

Provides support to Commercial & Specialty lines underwriting units by handling routine underwriting tasks. Calculate premiums, maintain coverage and exposure changes throughout the policy term, within the speed of service and standard operating procedures set forth by the department.


A typical day will include the following:

Processes automatic renewals and/or endorsements for assigned accounts.

Understands key components of common products in the property & casualty line of business or insurance segment.

Accurately enter all risk and exposure information into underwriting rating system following the company's filed rules, rates and underwriting guidelines to calculate premiums which adequately reflect applicant's exposure all while remaining within given underwriter authority.

Maintain knowledge of underwriting rates, rules and guidelines on assigned programs, products, and geographic regions as well as knowledge on overall company workflow, procedures and products.


Communicate with agents, brokers and marketing department as appropriate to clarify and correct inconsistent, incorrect or missing information, and conduct follow ups to obtain information necessary to process the Automatic Renewal/Endorsement request.

Enter endorsement requests into appropriate tracking system. Run daily report to identify new endorsement requests that need reviewed for authority and missing information to log accordingly.

Qualifications

High School diploma or equivalent is required.  Some college is preferred.      
One to three years of assistant underwriting experience preferred.      
Computer proficiency with Windows and office support software  

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.