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Senior Underwriter, US General Property

Employer
Mitsui Sumitomo Marine Management (U.S.A.), Inc.
Location
Los Angeles, California
Salary
Not Specified
Closing date
Jan 25, 2021

View more

Category
Underwriting
Job Type
Not Specified
Career Level
Not Specified

Job Details

 

 

Location Los Angeles, CA Posted September 24, 2020 Category Underwriting
 

Company Overview:

Mitsui Sumitomo Marine Management U.S.A., Inc. is one of the worlds top ten property/casualty insurance carriers with over 40,000 employees worldwide.

 

PURPOSE SUMMARY: The Sr. Underwriter is responsible to underwrite profitable Commercial Lines business within assigned territory in accordance with Corporate and Field office goals.

 

Essential Duties and Responsibilities include the following:

Underwriting

  • Produces, underwrites and services commercial property risks within the delegated underwriting authority.
  • Selects and underwrites the most complex Commercial Lines property risks within delegated underwriting authority. Applies appropriate pricing techniques according to company filings and state/bureau conformance.
  • Monitors underwriting results and premium and lost trends within assigned book of business.
  • Develops and executes formal written agency plans with all assigned agents in territory.

 

Client Management

  • Establishes and executes effective and efficient producer and client visits (with appropriate business units Loss Control, Claims and Marketing Representatives) in order to maintain and increase new business.
  • Deliver quality service to brokers and customer within established service metrics for new, renewal and interim requests.
  • Develop and cultivate new and existing broker and customer relationships nationally.
  • Source new business opportunities through a strong broker and client network.
  • Coordinates with inter-company departments as well as producers, insureds and Marketing Representatives to ensure appropriate high level account management standards are maintained.

 

Compliance and Training

  • Enhances technical expertise in the area of Commercial Lines property underwriting including assisting in Underwriting Manager in the training and development of Department staff.
  • Responsible for helping develop and implement best practices in the areas of Account Management.
  • Complies and documents accounts in accordance with regulatory and internal underwriting guidelines

 

Supervisory Responsibilities

This job has no supervisory responsibilities.

 

Diploma/Degree & Experience

  • High school degree or G.E.D. required. Bachelors degree (B. A.) from four-year college or university preferred
  • 5-7 years of multi-line background required. Existing producer relationships preferred.
  • Must have demonstrated negotiation and production skills.
  • Excellent verbal and written communication skills

 

Other Qualifications Required:

CPCU or insurance related courses helpful.

 

Other Skills and Abilities Required:

Position requires 20% same day travel, with some overnight stays.

 

 

 

 

The Company is an Equal Opportunity / Affirmative Action employer, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.

Company

The primary purpose of Mitsui Sumitomo Marine Management (U.S.A.), Inc. (MSMM) is to manage the business affairs of two insurance companies: Mitsui Sumitomo Insurance Company of America and Mitsui Sumitomo Insurance USA Inc.

Our organization is structured in a manner that allows our service professionals to work hand-in-hand with our insured and producers to create coverage and service plans unique to each client. The resulting programs are geared toward the proper implementation of sound risk management procedures which lead to the effective management of exposures to loss, loss costs and total premium expense.

When joining MSMM, you are becoming part of a worldwide team that is dedicated to:

  • Making a lasting contribution to the enrichment of society by bringing security and safety to people and businesses around the world through the sale and servicing of its insurance products;
  • Realizing customer satisfaction by working to provide the finest products and services to consistently meet our clients' growing needs; and
  • Meeting our shareholders' expectations and strengthening their trust in us by continuously improving our business.

 

We value each employee's unique set of skills and contributions and believe that each employee plays an important role in the success of MSMM. 

Company info
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Mitsui Sumitomo Marine Management (U.S.A.), Inc.

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