Underwriter
Company: Factory Mutual Insurance Company
Location: Bellevue
Posted on: May 11, 2022
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Job Description:
Overview :
FM Global 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 Global 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.
Responsibilities:
Provides assistance to Account Managers in handling underwriting
details such as linesetting, reinsurance needs and placement, MFL
studies, rating and pricing, analysis of coverages, terms and
conditions, value analysis and certificates of insurance.Gains and
maintains a good knowledge of the underwriting guidelines, policy
terms and conditions, profitability analysis and pricing. This is
to assist the account manager in program analysis and design.By
working with the account manager on program structure and
linesetting, gains an understanding of FM Global's capacities and
the use of the reinsurance placement and documentation practices
(RATS).Assist the Account Manager in account servicing activities.
Including: preparing for internal and external meetings,
presentations, proposals to begin developing account management,
and effective presentation skills.Applies relationship skills to
identify clients' operating strategies and business goals.
Identifies strategic players to develop client servicing plans
under the guidance of an account manager.Learns 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.
Qualifications:
4 year degreeprevious experience in Risk Management, Broker, or
other insurance carrier is a plus!team orientedEffectively uses
interpersonal skills.Effectively uses Planning & Organizational
skills to properly prioritize workloadWe offer our employees a wide
range of benefits including career long learning opportunities,
tuition reimbursement, 401 (k), pension, flexible schedules, rich
health and well-being programs, generous time off allowances,
volunteer days and so much more!FM Global is an Equal Opportunity
Employer and is committed to attracting, developing and retaining a
diverse workforce. -Please note that all FM Global visitors,
including external candidates interviewing for open positions will
be required to be vaccinated and should be prepared to provide
proof of vaccination.
Keywords: Factory Mutual Insurance Company, Bellevue , Underwriter, Other , Bellevue, Washington
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