Underwriter Trainee
Philadelphia Insurance Companies
About the Role
Philadelphia Insurance Companies, a member of the Tokio Marine Group, is seeking an Underwriter Trainee to join their team in Bala Cynwyd, PA or Leawood, KS. This role provides support and assistance to property & casualty (P&C) underwriting staff by handling administrative and routine underwriting tasks.
Key Responsibilities
- Take pricing referrals, coverage questions, and endorsement referrals on the Automatic book according to delegated underwriting authority and guidelines.
- Accurately enter all new and renewal submissions.
- Update the workflow tracking system with appropriate entries.
- Run reports to determine assignments.
- Complete account status follow-up by contacting agents, brokers, and the PHLY marketing department via the most appropriate method of communication.
- Contact agents, brokers, and the marketing department to clarify and correct inconsistent, incorrect, or missing application/submission information.
- Conduct follow-ups with agents, brokers, and the marketing department on binding conditions and additional information requests.
- Learn and understand key components of common products in the property & casualty line of business.
- Learn and maintain knowledge of company workflow and company procedures.
- Support property & casualty underwriting staff using the necessary systems, forms, methods, and procedures.
- Interact with and learn the role of other groups (loss control, claims, administration, etc.) in providing P&C products and services to routine accounts.
Requirements & Tech Stack
- 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.
Benefits
- Tuition reimbursement.
- Generous 401K match.
- 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.