Commercial Property Underwriter - Seattle - Factory Mutual Insurance Company : Job Details

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.

Client Services has an immediate opportunity for an ambitious, intellectually curious and business savvy Underwriter, based in our Bellevue WA. office. Are you ready to stretch your professional and personal boundaries with this unique challenge?

This position is accountable for developing underwriting, relationships and engineering skills while providing technical support, primarily on underwriting issues, to the Account Manager in developing sound insurance programs for existing and prospective clients.

Providing technical support to Account Managers in handling underwriting details such as value validation, line settings, reinsurance needs and placement, rating and pricing, analysis of coverage, catastrophe aggregate analysis, cross liability checks, policy review, issuance and other terms and conditions.

Gaining and maintaining up-to-date knowledge of underwriting standards, policy forms and loss prevention practices.

Assisting Account Managers in developing insurance programs that satisfy customer needs whilst adhering to company policies, procedures, and guidelines.

Assisting Account Managers in the preparation and delivery of internal and external meetings, presentations, proposals, and account servicing activities.

Independently managing and processing small to midsize accounts under supervision

Maintaining an up-to-date knowledge of company underwriting standards, market trends, coverage, programs, reinsurance, and new developments in the North American insurance market.

Learning loss prevention and control concepts, including how to read and use information from risk reports and apply their knowledge to assist the Account Manager in exposure identification and analysis.

Leading UW training and special projects as directed by Client Service Manager, Assistant Client Service Manager or Account Manager.

Education: Bachelors degree or equivalent qualification/experience; CPCU/ARM desirable

Experience: 3+ years insurance or financial industry. Experience in processing or field/account engineering a plus!

Skills / knowledge:

• Proactive in identifying UW needs and taking initiative to help AMs find solutions
• Flexibility in prioritizing and handling diverse activities and workload
• Strong analytical and problem-solving skills with considerable attention to detail
• Dedicated team player with excellent communication skills!
• Strong computer skills.

The hiring range for this position is $70,300 to $87,900. The final salary offer will vary based on geographic location, individual education, skills, and experience. The position is eligible to participate in FMs 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.