Underwriter (I or II) - FM Essential

Established nearly two centuries ago, FM is a leading mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management and the resilience of its policyholder-owners. These owners, who share the belief that the majority of property loss is preventable, represent many of the world’s largest organizations, including one of every four Fortune 500 companies.

They work with FM to better understand the hazards that can impact their business continuity to make cost-effective risk management decisions, combining property loss prevention with insurance protection. FM Essential is set to expand Q4 2026, offering exciting opportunities for a motivated individual keen to help build a new product line under the “One FM” banner.

Based on experience candidates will be considered for Underwriter I or II. This role can be based in one of the following locations: Chicago, Cleveland, or New York.

Key responsibilities

Supporting account teams in the development of quality new business. Providing technical assistance to account managers in handling underwriting details such as values analysis, line setting, reinsurance needs and placement. As well as, rating and pricing, analysis of coverage, terms and conditions, and cross liability analysis.

Being a resource to the Client Service department by gaining and maintaining up-to-date knowledge of underwriting standards, policy forms and loss prevention practices. Aiding the Client Service team in the development and implementation of the global insurance programs that satisfy customer needs. This is while adhering to company policies, procedures and guidelines.

Assisting account managers in the preparation and delivery of internal and external meetings, presentations, proposals and account servicing activities. Keeping up to date on market trends, coverage, programs, reinsurance, and the new developments in the insurance market. Managing smaller accounts when assigned and developing external client and broker negotiation and servicing skills.

The expectation is that you will complete all necessary training in underwriting and other areas to attain underwriting binding authority and will develop the skills, experience, and knowledge required to ultimately advance.

Qualifications

Bachelor’s degree or equivalent qualification Experience working in the insurance industry with at least 2 years’ experience preferred! Flexibility in prioritizing and handling diverse activities and workload. Excellent communication skills—written, presentational and verbal. Strong analytical and problem-solving skills with considerable attention to detail.

Excellent computer skills. The final salary offer will vary based on geographic location, individual education, skills, and experience. The position is eligible to participate in FM’s comprehensive Total Rewards program that includes an incentive plan, medical, dental and vision insurance, life and disability insurance, well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, and time off, including vacation and sick time.

FM is an Equal Opportunity Employer and is committed to attracting, developing and retaining a diverse workforce. Bachelor’s degree or equivalent qualification Experience working in the insurance industry with at least 2 years’ experience preferred! Flexibility in prioritizing and handling diverse activities and workload.

Excellent communication skills—written, presentational and verbal. Strong analytical and problem-solving skills with considerable attention to detail. Excellent computer skills. The final salary offer will vary based on geographic location, individual education, skills, and experience. The position is eligible to participate in FM’s comprehensive Total Rewards program that includes an incentive plan, medical, dental and vision insurance, life and disability insurance, well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, and time off, including vacation and sick time.

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