Assistant Vice President High-Hazard Underwriting Occupancy Special...

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Established nearly two centuries ago, FM is a leading mutual insurance company whose capital, scientific research capability and engineering expertise are solely dediced to property risk management and the resilience of its policyholder-owners. These owners, who share the belief th the majority of property loss is preventable, represent many of the world’s largest organizions, including one of every four Fortune 500 companies. They work with FM to better understand the hazards th can impact their business continuity to make cost-effective risk management decisions, combining property loss prevention with insurance protection.

Do you want to make an even bigger impact on the company? Do you want to interact with decision makers throughout the company and influence our future underwriting direction? Can you help us adapt our underwriting to address emerging risks?  Consider this opportunity to take a role with global impact, build an internional network of contacts, and impact the future of underwriting within FM’s Specialty Industries portfolio – Da Centers, Mining, Molten Merials, Chemical, Pharmaceutical, Power Generion, Pulp & Paper, Semiconductor and Digital.

We are looking for a self-starter with operions experience to join our group of principal underwriters th operes out of All Risk Underwriting. You will lead the subject areas of Pulp and Paper and Construction for portfolio analysis, capacity and linesetting, pricing stregies, and development of underwriting requirements th support the company’s profit and growth objectives.

To do this well you will be constantly learning and asking questions, collaboring with your team, principal engineers, members of other corpore staff departments, as well as individuals from operions to research and develop underwriting requirements and reled procedures.

You will provide leadership and guidance to operions underwriters, ensuring necessary support is available and impacts are understood prior to implemention. And from there, support thoughtful underwriting exceptions, ensuring a consistent applicion of risk selection and underwriting judgment within your assigned portfolio.

In addition, you will travel for 2 or 3 operions underwriting audits per year; provide underwriting training to others, assist in the development of new coverages and products in response to changing customer needs; and contribute your ideas for the continuous improvement of the underwriting process and systems development.

This opening can be based in any of our US office locions and/or London.

• Bachelor’s degree.
• High Hazard underwriting authority in one or more industries.
• 10+ years’ experience in engineering and/or underwriting for large accounts including some high hazard occupancies.
• In-depth knowledge of both the physical characteristics of facilities engaged in the businesses represented by assigned occupancies as well as the financial and profit motivions th will likely impact risk.
• Strong analytical, problem solving, excel skills and tention to detail is required.
• A broad working knowledge of our business, including risk identificion and assessment, property insurance coverage, forms, underwriting techniques, company standards and procedures, financial stements, and business computer applicions.
• Excellent oral and written communicions skills to develop and conduct formal and informal training develop clear and concise underwriting requirements and effectively communice the results of portfolio analyses undertaken

The final salary offer will vary based on geographic locion, individual educion, skills, and experience. The position is eligible to participe in FM’s comprehensive Total Rewards program th includes an incentive plan, generous health, and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances, and much more!  

FM is an Equal Opportunity Employer and is committed to tracting, developing, and retaining a diverse workforce. 

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