Insurance Underwriter

Underwriter Position

This role involves developing and maintaining a strong understanding of FM Global's underwriting requirements, policies, and procedures. The Underwriter will work closely with Account Managers to ensure policies, binders, endorsements, and other underwriting documents are properly prepared and executed.

Main Responsibilities

• Develop and maintain a comprehensive knowledge of policy forms, coverages, and FM Global's writing style and policy construction guidelines.
• Stay up-to-date with company underwriting standards, policy forms, and coverages, as well as loss prevention practices.
• Effectively use interpersonal skills to collaborate with Account Managers and other stakeholders.
• Work with Account Managers to ensure policies, binders, endorsements, and other underwriting documents are properly prepared and executed.
• Provide assistance to Account Managers in handling underwriting details such as linesetting, reinsurance needs, and placement, as well as MFL studies, rating, and pricing.
• Learns loss prevention and control concepts, including how to read and utilize information from Risk Reports, and utilize this knowledge to assist the account manager in exposure identification and analysis.
• Assist the Account Manager in account servicing activities, including preparing for internal and external meetings, presentations, and proposals.

Requirements

This role requires a minimum of 2 years' experience in the insurance or financial industry, with at least 1 year's experience as an Underwriter I or equivalent position with FM Global. The ideal candidate will possess good technical underwriting knowledge, decision-making skills, and knowledge of internal IS systems. Intermediate proficiency level in competencies such as Interpersonal Skills, Planning & Organizing, Policy, Terms & Conditions, Profitability Analysis & Pricing, and Underwriting Guidelines is also required. Excellent verbal and written communications skills in English and Spanish are essential, with Portuguese being desirable.