Underwriter

Company: Factory Mutual Insurance Company
Location: Bellevue
Posted on: May 11, 2022

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