Senior Underwriter- Mutlinational
- Employer
- Mitsui Sumitomo Marine Management (U.S.A.), Inc.
- Location
- Warren County, New Jersey
- Salary
- Competitive Salary and Bonus
- Closing date
- Mar 24, 2021
View more
- Category
- Underwriting
- Job Type
- Full Time
- Career Level
- Experienced (Non-Manager)
Job Details
Company Overview:
Mitsui Sumitomo Marine Management U.S.A., Inc. is one of the world’s top ten property/casualty insurance carriers with over 40,000 employees worldwide.
Position Overview:
Underwrite profitable Commercial Lines business for multi-national accounts within assigned territory in accordance with Corporate and Field office goals.
Essential Functions
- Selects and underwrites complex Commercial Lines risks within delegated underwriting authority. Applies appropriate pricing techniques according to company filings and state/bureau conformance.
- Monitors underwriting results and premium and loss trends within assigned book of business.
- Develops and executes formal written agency plans with all assigned agents in territory.
- Establishes and executes effective and efficient producer and client visits (with appropriate business units – Risk Engineering, Claims and Marketing Representatives) in order to maintain and increase new business.
- Coordinates with inter-company departments as well as producers, insureds and Marketing Representatives to ensure appropriate high level account management standards are maintained.Enhances technical expertise in the area of Commercial Lines 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.
Education & Experience:
- High school degree or G.E.D. required. Bachelor's degree (B. A.) preferred.
- 6+ years of multi-line underwriting experience required.
- Experience with advanced underwriting concepts such as large deductible programs, retros, etc. Experience with reverse flow accounts preferred.
- Must have demonstrated negotiation and production skills.
- Excellent verbal and written communication skills
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.
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