at Philadelphia Insurance Companies in Naperville, Illinois, United States
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.
Duties
We are looking for a Underwriter Trainee – Naperville, IL to join our team
Summary -
Provide support and assistance to property & casualty (P&C) underwriting staff by handling administrative and routine underwriting tasks.
A typical day will include the following:
Interacts with and learns the role of other groups (loss control, claims, administration, etc.) in providing P&C products and services to routine accounts.
Supports property & casualty underwriting staff using the necessary systems, forms, methods and procedures.
Learn and understand key components of common products in the property & casualty line of business as well as learn and maintain knowledge of company workflow and company procedures.
Contact agents, brokers and marketing department as appropriate to clarify and correct inconsistent, incorrect or missing application/submission information, and conduct follow ups with agents, brokers and marketing department on binding conditions and additional information requests.
Accurately enter all new and renewal submissions, update the workflow tracking system with appropriate entries, run reports to determine assignments and complete account status follow up by contacting agents, brokers and the PHLY marketing department via the most appropriate method of communication.
Take pricing referrals, coverage questions and endorsement referrals on our Automatic book according to delegated underwriting authority and guidelines.
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 Performance Plan.
REQNUMBER: 1009038-1A