This is an opportunity to join the FMIC Korea team as a Production Underwriter. The successful applicant will be responsible for developing and growing a profitable portfolio of business within an assigned territory, consistent with policies, business strategies and objectives.
This position will report to Kwon Sung Jun, Operations Vice President, Assistant Client Service Manager.
Responsibilities
Promote and market essential products and loss prevention engineering services to a network of brokers to support a steady stream of desirable new business opportunities and a stable portfolio of existing customers.
Develop/maintain and grow a profitable book of business:
Evaluate and determine the acceptability of the risk throughout analysis of the broker’s submission.
Collaborate with account engineering to complete an account risk assessment that determine the nature and level of loss prevention activity needed and identifies/quantifies risk improvement priorities.
Skillfully parley final account coverage, pricing, terms, and conditions to recognize market conditions and meet customer needs and expectations in the most cost-efficient way.
Maintain regular contact with brokers and clients as appropriate, throughout the term of the policy to monitor and manage change in the customer’s business and exposures.
Provide excellent and responsive service to our broker and customer base that clearly leverages our strengths as a competitive differential in the marketplace.
Ensure that all submissions, proposals, policies, billing, and requests for midterm changes are handled expeditiously with documentation delivered in an accurate and timely fashion.
Provide professional advice and consultation on insurance coverage and risk management matters in the determination of customized coverage and underwriting solutions.
Assume a lead role working with other members of the Account Team to coordinate and deliver all products and services and demonstrates transactional speed and ease.
Coordinate account team resources to provide excellent and responsive service that adds value to our broker and customer relationships.
Research and recommend the appointment of new brokers and establish multiple business contacts at appointed producers to maximize opportunities and maintain long term relationships.
Qualifications
Education
Bachelor’s degree in engineering, business, or finance
Insurance or risk management certification desirable
Experience
Minimum 8 years commercial underwriting or broker experience with exposure to middle market property accounts of varying occupancies and sizes. An engineering background is an asset.
Knowledge of our business including an understanding of risk identification and assessment, property insurance coverage, forms, financial statements, and business computer applications.
Skills and competencies
- Detail oriented, with excellent time management, planning, organization, and analytical skills.
- Business oriented with sales/negotiation skills, and problem solving and decision-making mindset.
- Pro-active, resilient, motivated, and perseverant.
- Strong team player also able to work autonomously while demonstrating excellent judgment.
- Excellent interpersonal and communication skills (verbal and in written) in English.
