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Corporate Engineering and Research Jobs and Careers at FM Global

Reinsurance Territory Manager

Malvern, Pennsylvania

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Overview

You’ll quickly learn that we’re not like other property insurance companies. We’re guided by the belief that most losses can be prevented. So we do everything we can to understand your business needs and reduce your risk.

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Success Profile

What makes a successful Candidate at FM Global? Check out the traits we’re looking for and see if you have the right mix.

  • Client/Customer Focus
  • Decision Quality
  • Collaboration and Teamwork
  • Ensures Accountability
  • Change Agent
  • Communicates Effectively

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Our People

Hear what our employees have to say about working at FM Global

Kevin

Account manager
employee since 2008

My parents have always instilled in me the concept of working hard, having fun, thinking long term and planning for the future. FM Global is exciting, innovative and dynamic, and with so many professional opportunities here, it's also a company where you can spend your whole career and never get bored. I remember back during one of my initial interviews with FM Global, a manager shared that over 80% of the office staff had been with the company since they graduated college. That kind of longevity is one of the reasons I decided to work at FM Global. I'm proud to work for a company that invests in its employees and trains them to be the best. The willingness to learn is universal, the exposure to knowledge is infinite and the different career paths are endless. The opportunities to think long term don't get much broader.

–Kevin

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Benefits

  • Retirement

    Your financial goals are important to us, so we offer retirement programs that reflect local policy and custom.

  • Career Development

    Your time at FM Global should be valuable and enriching, with plenty of opportunities for skills development and career growth.

  • Employee
    Incentive Plan

    Eligible employees participate in an incentive plan based on the company achieving its annual financial goals.

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Responsibilities

Job ID 2021-10588 Date posted 04/12/2021 Locations Malvern, Pennsylvania;

More information about this job:

Overview:

Mutual Boiler Re is a division of FM Global and has been providing boiler and machinery insurance in North America for more than 140 years. Mutual Boiler Re specializes in providing Equipment Breakdown reinsurance and related services to insurance companies throughout North America. Our products are developed in partnership with primary insurance companies, reinsurance intermediaries and agents/brokers.

Mutual Boiler Re is seeking a full-time reinsurance territory manager located in the Midwest region.


Responsibilities:

This reinsurance territory manager will be accountable for maintaining and developing a profitable portfolio of Equipment Breakdown treaty reinsurance business for Mutual Boiler Re. This will take place in the midwest region by utilizing our strengths as a competitive differential in the marketplace. The candidate will accomplish this through efficient marketing, and monitoring of Partner Company performance. Also, negotiation of treaty terms and pricing, and promoting and delivering MBRe reinsurance products and services at a level superior to the competition.

Qualifications:

Education: Bachelors degree or equivalent; Previous Reinsurance experience and CPCU accreditation desirable!

Experience: Minimum five years combined Mutual Boiler Re or equivalent industry experience. Including: property insurance / reinsurance, treaty development and equipment breakdown technical underwriting / engineering experience.

Skills/Knowledge:

  • Possess knowledge of all aspects of the Equipment Breakdown insurance and reinsurance business.
  • General understanding of property and casualty insurance/reinsurance is needed as well as a detailed grasp of our key business drivers and the financial elements leading to overall profitability.
  • Exhibits sound judgment, decision making and sales/influencing/negotiation/ presentation skills. Oral and written communication, interpersonal relations, planning and organization, problem solving, and good team building skills.
  • Customer-focused and service oriented, with the ability to build and maintain strong business relationships with Partner Companies, prospects, and intermediaries/agents.
  • Technology-proficient with demonstrated knowledge of computer business applications.
  • 40% Travel

We offer our employees a wide range of benefits including career long learning opportunities, tuition reimbursement, 401 (k), pension, flexible schedules, rich health and well-being programs, generous time off allowances, volunteer days and so much more!

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

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