The PMA Underwriting Associate Program is designed for individuals interested in gaining exposure to and building a career in Underwriting within the Property & Casualty insurance industry.
As a member of our Underwriting team, you will be trained by PMA's team of Underwriting professionals and leaders. Over the course of the program, you will be introduced to the Underwriting function through hands-on business assignments in Underwriting, interactive classroom instruction, job shadowing and team assignments. You will be given the opportunity to develop your knowledge, skills and talents to help you reach your Underwriting career goals.
Responsibilities:
· Learn to analyze, select and profitably price coverage for commercial risks and determine terms and conditions of coverage on new and renewal business.
· Work with PMA colleagues to develop a consultative selling approach to generate new business consistent with PMA's unique underwriting strategy.
· Develop and demonstrate skills in marketing, analysis, decision making, problem solving, planning and organizing.
· Use logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to challenges.
· Learn through personalized assignments to help gain broader understanding of underwriting commercial insurance and the distribution channels.
· Develop and enhance effective interpersonal communication skills with a focus on relationship building.
· Demonstrate commitment to Company's Code of Business Conduct and Ethics, and apply knowledge of compliance policies and procedures, standards and laws applicable to job responsibilities in the performance of work.
· Prior exposure to the insurance industry in some capacity (claims/underwriting) a plus.
· Strong critical thinking skills that demonstrate analysis, judgment and sound decision making.
· Demonstrated relationship building, analytical skills and leadership experience through work or involvement in community service, athletics, clubs, or other interests preferred.
· Prior work experience in a professional environment preferred (including temporary or part time roles, summer internships).
· Willingness to use effective sales and negotiation techniques and mathematical expertise within the underwriting function.
· Ability to work independently.
· Strong technically ability
· Excellent verbal and written communication skills.
· Desire to work collaboratively within a team-oriented environment with other areas of the organization including Claims, Risk Control and other departments.
Skills Required
- Bachelor's degree with a strong GPA
- Math, business, or economics background
- Prior exposure to the insurance industry, including claims or underwriting
- Strong critical thinking, analytical, judgment, and decision-making skills
- Relationship-building and leadership experience
- Prior professional work experience, including temporary, part-time, or internship experience
- Willingness to use sales and negotiation techniques and mathematical expertise
- Ability to work independently
- Strong technical ability
- Excellent verbal and written communication skills
- Ability to collaborate in a team-oriented environment
PMA Companies Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about PMA Companies and has not been reviewed or approved by PMA Companies.
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Leave & Time Off Breadth — Time off is described as generous, with a sizable PTO bank and a broad paid-holiday schedule. Feedback suggests the ability to accrue and use substantial leave is a standout element of the package.
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Retirement Support — Retirement support includes a 401(k) with company contributions and immediate vesting on certain employer dollars. Profit-sharing and automatic eligibility are positioned as meaningful additions to total rewards.
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Flexible Benefits — Benefits are organized in a cafeteria-style format with multiple medical plan choices, HSA options, FSAs, and a broad set of voluntary coverages. Feedback suggests this flexibility enables tailoring coverage to individual needs.
PMA Companies Insights
What We Do
PMA Companies provides risk management solutions and services, specializing in workers’ compensation and offering property & casualty insurance, in the United States. Headquartered in Blue Bell, PA, PMA Companies is a member of Old Republic Companies. Old Republic International Corporation (NYSE: ORI) is one of the nation’s 50 largest publicly held insurance organizations. PMA Companies includes: PMA Insurance Group, specializing in workers’ compensation, and providing other commercial property & casualty insurance products; and PMA Management Corp. and PMA Management Corp. of New England, providing results-driven TPA and Risk Services specializing in workers’ compensation and liability. We maintain a large client retention rate of 90% or higher and a client satisfaction rate of 96% per an independent survey. At PMA, we still build relationships the "old-fashioned way." Our clients know we care. They know we say what we do and do what we say. And they know that they can count on us to deliver tangible value to their business and to work passionately on their behalf.
