Production Underwriter
6 months ago
Defined by our proprietary research, engineering-based approach, and reputation for excellence, FM Global offers a workplace culture that’s as supportive and inclusive as it is innovative and inspiring.
As a member of the FM Global Group, AFM specializes in commercial property insurance for the middle market and they have an opening for a Production Underwriter, based in our Sydney or Melbourne Office - permanent role, full-time.
- Responsible for both new business production and renewal retention while maintaining underwriting profit and protecting companies assets. They must effectively market AFM products and services to a network of producers with whom long term relationships are developed, maintained and cultivated.
- Responsible for profitable risk selection, negotiation of pricing, terms and conditions, and using creative underwriting strategies to optimize net retentions that effectively balance both customer and company needs.
- Coordinate account team resources in order to provide excellent and responsive services that add new value to our broker and customer relationships.
- Working closely with Account Engineers to review renewal and new business opportunities to ensure proper risk identification, analysis and assessment in order to ensure the development and growth of a profitable portfolio of business. AFM Production Underwriters primary relationships are with Brokers and reinsurers for insurance related issues.
- Responsibilities include meeting specific profit, production, and retention goals as developed in consultation with District manager.
- Establish multiple business contacts, and implement an effective program of calls averaging 10 face to face visits a month to ensure high visibility.
- Travel is required for marketing including out of state travel as well as travel for training. New risks must be pre-qualified based on acceptability today and its future potential, this includes a thorough analysis of the broker submission, desired pricing, terms and conditions, financial condition, adequacy of reported values, and loss experience.
- Bachelor’s Degree or equivalent combination of education and experience
- 2-5 Years industry experience (broker/insurance company) as Underwriter for commercial property accounts of varying occupancies and sized
- Demonstrated skills in oral and written communication, collaboration, attention to detail, time management, analysis, decision-making, problem solving, sales/negotiation/presentation and leadership as well as the ability to establish a network of property producers and industry contacts.
**What is on offer**:
- Career development and training opportunities
- Supportive and collaborative team environment
- Tuition reimbursement,
- rich health and well-being programs,
- volunteer days and so much more
FM Global is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.
If you are interested in learning more about FM Global, our culture and some of our initiatives, don’t hesitate to visit the link below:
- Commercial Property Insurance | FM Global
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