Underwriter, Insurance

FM 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. FM helps clients maintain continuity in their business operations by drawing upon state‑of‑the‑art loss‑prevention engineering and research; risk‑management skills and support services; tailored risk‑transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.

Chemical Operations has an immediate opportunity for an ambitious, intellectually curious and business savvy Underwriter, based in our Norwood, MA office.

• Providing technical support to Account Managers on underwriting matters such as risk assessments, value validation, line‑settings analysis, reinsurance needs and placement, rating and pricing, coverage analysis, catastrophe aggregate analysis, cross‑liability assessments, policy review, issuance and other terms and conditions.
• Maintaining up‑to‑date knowledge of underwriting standards, policy forms and loss‑prevention practices, ensuring approvals are current and in line with underwriting standards.
• Assisting Account Managers in developing insurance programs that satisfy client needs while adhering to company policies and guidelines.
• Independently managing and processing small to midsize accounts/prospects under supervision.
• Maintaining up‑to‑date knowledge of market trends, coverage, programs, reinsurance and new developments in the North American insurance market.
• Learning loss‑prevention and control concepts, including interpretation of risk reports, to assist the Account Manager in exposure identification and analysis.
• Leading underwriting special projects, including peer reviews and underwriting audits.
• Attending necessary training classes such as Core UW Skills I, II, and III, Client Service Process Essentials, and other training seminars offered in Norwood, MA or elsewhere in the world as provided by the FM Academy.

Based on experience candidates will be considered for Underwriter I or II.

• Education:
  
  Bachelor’s degree or equivalent qualification/experience; CPCU/ARM desirable.
• Experience:
  
  3+ years in insurance or the financial industry. Experience in processing or field/account engineering a plus.
• Skills/knowledge:
  Proactive in identifying underwriting needs and taking initiative to help the Account Manager find solutions. Flexibility in prioritising and handling diverse activities and workload. Strong analytical and problem‑solving skills with considerable attention to detail and documentation. Dedicated team player with excellent communication skills. Strong computer skills.

The position is eligible to participate in FM’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.

FM is an Equal Opportunity Employer and is committed to attracting, developing and retaining a diverse workforce. By applying, you consent to your information being transmitted by College Recruiter to the Employer, as data controller, through the Employer’s data processor Sonic Jobs. See FM Terms & Conditions at regulatory/terms-of-use and Privacy Policy at regulatory/privacy-policy and Sonic Jobs Privacy Policy at us/privacy-policy and Terms of Use at us/terms-conditions.