Global Underwriting Specialist

US-RI-Johnston
Job ID
2017-7150
# Positions
1
Work Location
Works from an office location
Employee Type
Regular
Category
Underwriting/Reinsurance

Overview - External

FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM Global helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.

 

 

Responsibilities - External

  • Approve Operations instructions for the issuance of policies and invoices on underlyer policies to ensure that they meet the need of clients, WorldReach Partners, legal and/or custom and practice for specific countries. 
  • Check and approve locally issued policies to ensure that they match the intent of FM Global. 
  • Approve Confirmation of Reinsurance Agreements for WorldReach Partners by reviewing all documentation prior to issuance. 
  • Oversight on loss allocations within Global Processing Group. 
  • Approve Reinsurance Slips on behalf of FMIC. 
  • Monitor and provide feedback to management and Staff Processing on quality issues from either Operations and/or WorldReach Partners with recommendations for improvements.

 

 

Qualifications - External

  • Degree or equivalent (CII, CPCU, ARM etc) 
  • 3+ years FM Global experience in an underwriting or senior Processing role or equivalent property insurance experience
  • Understanding of the FM Global business model, WorldReach Partner network, working knowledge of systems and procedures used by Operations.  Above average abilities of organization, deadlines, problem solving, team work and self motivation.
  • Degree or equivalent (CII, CPCU, ARM etc)
  • Fluent in French, Spanish and/or Portuguese highly preferred.