Full-Time

Underwriting II

Client Service

Posted on 1/15/2025

FM Global

FM Global

5,001-10,000 employees

Compensation Overview

$68.3k - $125.9kAnnually

Mid

Wayzata, MN, USA + 1 more

More locations: Creve Coeur, MO, USA

Category
Insurance
Finance & Banking
Requirements
  • Four Year College Degree/Bachelors
  • Strong analytical, problem solving, computer skills and attention to detail is required
  • Basic proficiency level in the competencies of Commercial Property Insurance, Business Communications, Exposure Analysis, Negotiations, and Presentation Skills.
  • Intermediate proficiency level in the competencies of Interpersonal Skills, Planning & Organizing, Policy Terms & Conditions, Profitability Analysis, and Underwriting Requirements
Responsibilities
  • Provides assistance to Account Managers in handling underwriting duties including risk assessment, risk transfer, MFL Study development, and pricing.
  • 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.
  • Gains and maintains a good knowledge of the underwriting requirements, policy terms and conditions, profitability analysis, and pricing.
  • Assists 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 interpersonal skills to build relationships with Client Service Team members working in a variety of roles from processing to engineering to account management to Staff Underwriting.
Desired Qualifications
  • Two Years Insurance or Financial Industry Experience Preferred!

Company Size

5,001-10,000

Company Stage

Debt Financing

Total Funding

N/A

Headquarters

Hartford, Connecticut

Founded

1835

Simplify Jobs

Simplify's Take

What believers are saying

  • FM's expansion in Providence indicates growth and increased operational capacity.
  • The $400 million resilience credit supports client investment in climate resilience.
  • FM's record $1.4 billion membership credit reflects strong financial performance.

What critics are saying

  • Expansion into Providence may expose FM to local economic fluctuations.
  • The renewable energy unit launch may face market volatility challenges.
  • Rebranding to FM might confuse clients and affect brand loyalty.

What makes FM Global unique

  • FM provides data-backed risk management to over one-third of Fortune 1000 companies.
  • FM's engineering-based solutions protect against fire, natural disasters, and more.
  • FM's partnership with Rory McIlroy enhances brand recognition and client engagement.

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Benefits

Health Insurance

401(k) Retirement Plan

401(k) Company Match

Professional Development Budget

Flexible Work Hours

Paid Vacation

Company News

Intelligence360
Feb 12th, 2025
Fm To Expand Into 50,000 Square Feet Of Space In Providence Rhode Island.

FM to expand into 50,000 square feet of space in Providence Rhode Island. FM to expand into 50,000 square feet of space in Providence Rhode Island.Providence, Rhode Island — According to state and local development sources, FM plans to build out 50,000 square feet of new space in Providence. The company plans to occupy the new space in Providence, on or about June 1, 2025. According to the company website FM is one of the worlds largest commercial property insurers. For nearly two centuries, businesses have trusted us to deliver comprehensive risk assessments, develop robust property insurance plans, and foster engineering-based solutions that help protect them against fire, natural disasters, and more. We provide over one-third of all Fortune 1000 companies with data-backed risk management solutions that allow them to prepare and prosper

PR Newswire
Jan 27th, 2025
Fm Announces Partnership With Pga Tour Star Rory Mcilroy

New partnership builds on FM's existing programs with the LPGA Tour and TGL's Boston Common GolfJOHNSTON, R.I., Jan. 27, 2025 /PRNewswire/ -- Commercial property insurer FM today announced a strategic partnership with PGA TOUR star Rory McIlroy. The multi-year agreement, which launches in February, includes an extension to FM's existing partnership with Boston Common Golf."Rory and FM share a commitment to achieving excellence and rely on our technical expertise to provide leadership in our respective fields," said Malcolm Roberts, chairman and chief executive officer of FM. "Rory's global recognition makes him the perfect partner for FM as we deliver new products and solutions and bring the power of resilience to new territories globally. We look forward to working with Rory and his team to support his continued success in 2025 and beyond."Through the partnership, McIlroy will host and support several unique client experiences with FM each year. He will also display FM's logo on his golf bag at select tournaments

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Oct 24th, 2024
FM Announces US$400 Million 'Resilience Credit' to Support Client Investment in Climate Resilience

/PRNewswire/ -- Commercial property insurer FM today announced its third resilience credit, bringing the total allocation to more than US$1 billion since the...

Insurance Asia News
Jul 18th, 2024
Commercial property specialist FM Global rebrands as FM

Commercial property insurer FM Global has rebranded as FM and has unveiled a new logo and tagline.

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