FM 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 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.
Do you know how a power plant operates or why a transformer has a malfunction? Can you explain high cycle fatigue, flow-accelerated corrosion? Have you ever seen a turbo generator break down, a lube oil fire or witness a steam turbine fail? Would you like to?
At FM, you have the power to influence outcomes and make a difference in the future - yours and your clients. When you join our team as a Boiler & Machinery Consultant Engineer, you can leverage your engineering background to help clients neutralize potential disasters-saving property and businesses.
With the company's nearly two centuries of knowledge and experience behind you, you'll work hands on with some of the world's most influential organizations, helping them understand risk and protect their assets.
Boiler & Machinery Consultant Engineers will interact with high hazard FM clients within the Power Generation, Forest Products-Pulp & Paper, Steel & Aluminum, Semiconductor, Mining, Chemical and similar industries. Experienced engineers will use their expertise to consult with clients to protect their facilities against mechanical and electrical breakdowns, fire and many other hazards. As a Boiler and Machinery Consultant Engineer, you will develop strong client relationships to advise on risks associated with client businesses as well as develop and implement risk improvement strategies.
Additional responsibilities include:
Evaluate the integrity and reliability of equipment, identify hazards and deficiencies to deliver focused risk improvement solutions and reduce equipment riskUtilize Operating standards, data sheets and guides to provide risk guidance and implement best practicesPrepare engineering reports, loss expectancies to support risk improvementCollaborate with Operations Engineering, Client Services, Account Management and Underwriting on Boiler & Machinery recommendationsEngineers will work from a home office, must be able to manage their time and work independently with minimal supervisionThis is a field-based role and will require travel to large, complex industrial client sites to evaluate the operations and systems of the site and identify risks and hazards.Our St. Louis office has a specific need for candidates with proven experience in Chemical or Power Generation Engineering fields
Qualifications: Job title and grade may vary based on experience levelBachelor's degree in Engineering or equivalent work experience with a concentration in either electrical, mechanical or chemical engineering, with emphasis in Power Generation or Chemical highly preferred.Will consider one to five years' experience in a high hazard industry such as power generation, chemical, nuclear, mining, pulp & paper, manufacturing or maritime combined with a Bachelor's degree in Engineering.Must possess knowledge of electrical and/ or mechanical power generation and associated equipment and systems such as rotating equipment, boilers, generators, system interrelationships and knowledge of safety devices. Industrial Control Systems experience highly desired. Demonstrated experience to understand basic machinery and equipment along with hands on exposureCandidates will possess strong verbal and written communication skills, proficiency in MS Office products is requiredCandidates must be analytical, organized and have good problem solving and interpersonal skillsA valid driver's license is required, a company car is providedAbility to travel - (Approx. 50-60 overnights a year; up to 75 overnights the first year due to training)Physical Requirements:
Able to lift up to 25 pounds or 11.34 KilogramsAble to climb laddersWe 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 is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.
Read LessEstablished 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.
Schedule and Location:
This is a full time position, office-based, in Waltham, MA and Boston, MA.
We are seeking a highly analytical and collaborative Investment Analyst to join our investment team. The analyst will support the team on portfolio construction, risk management, and investment strategy across major asset classes. It would require helping build and produce risk and exposure reports, conducting market and portfolio research, delivering analytics driven insights that inform risks and positioning across the portfolio. This position requires strong analytical skills and financial modeling expertise to support decision-making across the investment platform.
Apply quantitative and analytical techniques to support asset allocation, portfolio construction, and risk management across the total portfolio and individual asset classes. Monitor and evaluate portfolio performance, attribution, and risk metrics. Maintain and enhance internal tools and databases used for investment analysis and reporting. Develop expertise in financial time series analysis, statistical methods, and advancements in quantitative finance. Collaborate with investment operations, accounting, and other support functions to ensure seamless execution and reporting. Produce and maintain periodic reports and screeners across various markets and asset classes. Participate in webinars, conferences, and training sessions to stay current on developments in quantitative. Research and implement relevant ideas from academic literature and practitioner research to improve portfolio outcomes. Perform additional duties and ad-hoc analysis as needed. Qualifications: Bachelor's or Master's degree in a quantitative field (e.g., Finance, Economics, Mathematics, Engineering); prior investment industry experience is a plus but not required. Programming skills, with proficiency in Python required; familiarity with Bloomberg, FactSet, BI tools, databases is a plus. Excellent analytical and problem-solving skills with a keen attention to detail. Demonstrated interest in investment management and quantitative finance. Strong work ethic, positive attitude, and a collaborative, team-oriented mindset. High sense of ownership and accountability.The hiring range for this position is $105,760 to $152,000 annually. The final salary offer will vary based on individual education, skills, and experience. The position is eligible to participate in FM's comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.
FM is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.
Read LessEstablished 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.
Job Summary:
This role supports HR Business Partners (HRBPs) and business leaders globally in operational and strategic workforce planning. The Specialist translates business strategies into actionable workforce insights, analyzing demand, supply, location, and skills, and supports planning discussions leading to effective decisions.
This role ensures workforce plans are viable by aligning headcount needs with budget, capacity, and technology, collaborating closely with HR, Finance, and business stakeholders. Reporting to the Staff VP, HR Data and Innovation, this position operates under the HR Operations Manager - People Analytics. It involves close collaboration with HRBPs, HR Analytics, Finance, and other business stakeholders.
Schedule & Location:
This is a full time office based position in Johnston, RI. Some flexibility for remote work 1-2 days per week based on business needs. Occasional domestic travel may be required.
Responsibilities:
Partner with HRBPs and business stakeholders to perform workforce demand and supply analysis using established methods, identifying gaps and surpluses by role, skill, location, and specialty.Serve as the central coordination point within the HR team to align workforce plans with office space, labor budget, and technology enablement, partnering with Finance, Real Estate/Facilities, and IT.Perform workforce location planning and assess operational impacts of workforce changes, including growth, reductions, capacity, and location shifts.Contribute to the development and refinement of a comprehensive workforce planning roadmap and workforce planning processes.Execute operational and strategic workforce planning, including enterprise planning cycles and delivery of the workforce planning roadmap aligned to business strategy.Analyze long term workforce risks and opportunities, including skills gaps, critical roles, and succession exposure, and translate findings into workforce implications and actions.Partner with HRBPs, Finance, and stakeholders to drive gap closing actions, including hiring, redeployment, reskilling, role redesign, and timing adjustments.Produce workforce planning outputs, including summaries, dashboards, scenarios, and planning materials.Apply enterprise workforce planning standards and governance and participate in recurring planning cycles and updates. Qualifications:Required Work Experience:
Minimum of 3 years in workforce planning, HR analytics, or related roles.Highly Preferred Work Experience:
Experience with demand and supply analysis and global workforce environments preferred.Experience with Workday and workforce planning software preferred.Required Education:
Bachelor's degree in Human Resources, Business, Economics, Finance, Analytics, or related field required (a combination of education, experience and skills will be considered in lieu of a degree).Highly Preferred Education:
Master's degree or coursework in workforce planning, analytics, or business strategy is a plus.Workforce planning certification is a plus.Required Skills:
Strong analytical skills and ability to connect data to business needs.Clear communication and ability to explain insights in plain language.Effective in cross-functional teamwork and influencing without authority.Proficient in data analysis to identify trends and assess risks.Ability to manage multiple priorities and handle sensitive data.Solutions-oriented, adaptable, and committed to continuous learning.The final salary offer will vary based on individual education, skills, and experience. The position is eligible to participate in FM's comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.
FM is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.
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.
Summary:
Acts as a strategic business partner to executive, staff and line management by providing comprehensive human resource consultation services that are valuable to diverse business segments. Solves business problems through customized HR based solutions while providing a comprehensive array of personnel management tools and solutions that support strategic objectives. Coaches executives, and managers in recruitment, employee relations, development, deployment and retention of high caliber employees so that FM gains a competitive advantage. Champions employee concerns thus improving their contributions and dedication to the organization. Ability to cultivate partnership. Ability to drive strategic direction. Problem-solving skills. Verbal communication abilities and proficiency in writing. Ability to build collaborative relationships. Leadership skills.
Schedule & Location:
This is a full-time office-based position in Boston, MA. Eligibility for remote work one day per week.
Occasional travel to Norwood, MA, Johnston, RI and/or other corporate locations in the US required based on business needs. Overnight domestic travel required. International travel possible and to be determined based on business needs.
Responsibilities:
Through the development of business partnerships, creates and drives business plans incorporating HR programs that meet specific needs of diversified multiple business segments.Acquires an understanding of business plans, strategies, initiatives, and basic processes of these business segments.Participates as a member of the management team in planning and implementing a full range of human resources services. This includes organizational planning, selection and placement, employee relations, performance management, competency modeling, policy interpretation, career path planning, motivation, training and education and process improvements.Keeps current on new Human Resources trends and determines the applicability of same within the organization in order to drive FM's HR consulting model.Proactively counsels managers on the appropriate handling of complex employee relations issues thereby minimizing financial risk to the company. Investigates and advises both management and employees on individual issues, directing the actions to be taken.Formulates, analyzes and interprets HR policies, practices and programs that maximize the potential of all employees of the company while addressing legal, company plan and cultural requirements.Creatively partners within the Human Resources organization to develop, achieve and implement corporate wide HR initiatives. Qualifications:Required Education:
Four-year college degree (a blend of education, experience and skills might be considered instead of a degree)Highly Preferred Education:
Graduate degree or equivalent experience preferredRequired Work Experience:
10+ years of HR experienceA blend of education, experience and skills may be consideredRequired Skills:
Excellent consulting and project management skillsExcellent verbal and written communication skillsExcellent customer service skillsExcellent business acumen and interpersonal skillsExcellent ability to coordinate activities with team members and other stakeholdersStrong work ethic, time management skills and a positive attitudeExcellent ability to multitask and change priorities with effective resultsExperience with human capital technologies, including WorkdayWell informed of labor market trends and the competitive environmentSolid knowledge of assessing business challenges, supporting change initiatives, and developing and implementing solutions that meet the needs of the region and employeesSolid ability to create and present briefings and presentations to large and small groups of peers and executivesAbility to adapt and change strategy midstream, if neededProven ability to solve complex people related challengesProven ability to demonstrate analytical thinking and applying data to decision making on complex problemsExcellent problem-solving, conflict resolution, and decision-making skillsPossession of leadership and consulting skills to effectively engage with senior leaders and lead cross functional project teamsSolid ability to show leadership agility, judgment, and influenceSolid ability to write clearly and succinctly in a variety of communication settings to convey messages with intended impactThis position is open for one of two grades levels: Human Resources Business Partner, grade 16 or Senior Human Resources Business Partner, grade 17. The final job title, grade, and salary offer will vary based on individual education, skills, and experience. The position is eligible to participate in FM's comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.
FM is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.
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.
Overview
FM has an immediate opening for a claims adjuster, preferably with a commercial property claims and/or engineering background to work in the St-Louis Operations Claims office in Creve-Coeur, MO or Plymouth, MN.
Responsibilities
The Claims Adjuster works alone or with a team assisting in determining the extent of coverage afforded under the clients' insurance policies while providing direction and assistance to the client with loss mitigation, salvage, restoration of production, claims preparation and subrogation. In addition, the incumbent retains, manages, and controls internal and external consultants, as needed such as Cause & Origin investigators, Building and Machinery Appraisers, Forensic Accountants to aid in the measurement of the losses.
Depending on the experience level, the incumbent is assigned Property Damage and Business Interruption losses, of varying degrees of size and complexity generally in excess of $500,000 and often in excess of $1,000,000 within the Operations geographical area of coverage, or as otherwise directed by the Operations Claims Manager.
An engineering degree (or equivalent experience) is required due to the technical nature of our losses. Project management and technical assessment of critical path is often needed on losses. Jurisdictional licensing may be necessary in some cases. Formalized training, including classroom, office and field-based will be provided.
The position is primarily office based with required field work. The candidate must be willing to travel, sometimes with short notice, and work out of town as needed in order to effectively manage assigned losses. Approximately 10% travel can be expected.
Qualifications:Education
Bachelor's degree in Engineering or other applicable discipline, or equivalent experience.
Experience
2 or more years of commercial property claims experience.
Skills
An understanding of claims processes and procedures
Interpersonal skills including negotiating and consulting
Excellent written and oral communication skills.
Must be organized and possess ability to make quick and sound recommendations.
The hiring range for this position is $93,120 to $152,000. 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.
Read LessFM Investment Operations supports the investment activity of the Investment Team across asset classes, including both internally and externally managed portfolios, multiple investing entities, and various vehicle types including mutual funds, Collective Investment Trusts, Hedge Funds, Private Funds, as well as separately managed accounts.
Investment Operations is seeking a highly motivated and detail-oriented Senior Investment Operations Analyst to play a lead role in supporting and expanding FM's Order Management System ("OMS") life cycle. OMS support and expansion consists of researching new market trading opportunities, counter-party management, aggregate and segregate portfolio compliance, along with various related activities.
The ideal candidate will leverage their experience within investment operations, including counterparty management, regulatory compliance and risk management exposure, strong technical proficiency, and eagerness to optimize processes to provide exceptional support to the continued growth and evolution of FM's investment management infrastructure.
This role requires excellent communication and organizational skills, strong problem-solving abilities, and the ability to thrive in a small team environment where individual and small group collaboration are critical.
Schedule & Location
This position is an exempt, full-time office-based position in Waltham, MA and Boston, MA.
Internal Portfolio Support
Analyze, maintain and remedy daily post-trade processing and reconciliation for equity and fixed income trades, ensuring timely matching, settlement, and updates to core systems (e.g., Bloomberg AIM). Facilitate onboarding and ongoing engagement with trading counterparties to ensure seamless trade execution and connectivity. Support the expansion of trading instruments in developed and emerging markets.
Compliance Monitoring
Expand the compliance and monitoring structure through daily, weekly, and monthly portfolio oversight and internal reporting through Bloomberg AIM or other available resources. Configure and maintain compliance rules within Bloomberg AIM, ensuring thorough testing, documentation, and adherence to change management protocols.
System Setup & Maintenance
Set up and maintain accounts and assets within core systems for both internally and externally managed portfolios. Oversee data integration processes including start-of-day (SOD) position reviews and ongoing updates of non-custodied assets within core systems.
Process Optimization & Automation
Collaborate with team members and external parties to identify and implement opportunities to streamline operational workflows and activities to improve efficiency and reduce risk.
External Manager Oversight
Support reconciliation and oversight of external manager trading activity and performance data, ensuring accuracy and consistency across systems.
Reporting & Documentation
Maintain ownership of various internal reporting deliverables and support monthly/quarterly management reporting processes. Ensure key processes and controls are well documented, maintained and where applicable enhanced, ensuring a high degree of operational transparency and audit readiness.
Project & Initiative Support
Participate in cross-functional projects and strategic initiatives aimed at enhancing investment operations capabilities and infrastructure. Qualifications: Required Work Experience 5-10 years of experience in investment operations, preferably within an institutional asset management or insurance company setting, consisting of an OMS and Trade Compliance focus. Strong understanding of post-trade processing and settlement across various markets and asset types. Strong technical proficiency and experience, preferably working with database development. Previous experience and exposure to portfolio accounting requirements and deliverables, highly desired.
Required Education
Bachelor's degree in Finance, Economics, Accounting, or related field.
Required Skills
Excellent analytical, organizational, and communication skills. Desired experience in leading transition management initiatives intra and inter-departmentally. Ability to proactively work individually and collectively in a small team-oriented environment. The hiring range for this position is $120,400 - $173,100 annually. The final salary offer will vary based on individual education, skills, and experience. The position is eligible to participate in FM's comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.
FM is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.
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.
Work Location & Schedule: This is a 5-day office-based position Monday- Friday 7am to 3:30pm. Flexibility required to work outside of the business hours to align with business needs.
Travel: Occasional travel required to support our local offices in Johnston, RI and downtown Boston as business needs arise.
Relocation is not offered
Role Overview
The Conference Center Administrator plays a key role in supporting the day to day operations of a corporate conference center. This position is ideal for an organized, detail oriented professional who can manage multiple priorities, take direction effectively, and work independently in a fast paced environment. The role supports conference services, events, and internal stakeholders while ensuring a high level of professionalism and service.
Key Responsibilities
Provide administrative support to the Conference Center Manager, including scheduling support, document preparation, reporting, and general office coordination
Manage multiple priorities simultaneously, ensuring deadlines are met and work is completed accurately with minimal oversight
Support conference and event operations by preparing schedules, agendas, meeting materials, and post event documentation
Print, distribute, and maintain Banquet Event Orders (BEOs) and other event related materials for on property meetings
Assist with pulling reports, tracking event data, and maintaining organized records to support planning and decision making
Communicate effectively with internal teams to support smooth execution of meetings, events, and daily operations
Assist guests and internal clients with conference center and business support needs
Order, track, and organize office, conference, and promotional supplies
Utilize catering, conference booking, and internal systems to support business needs
Identify issues, escalate appropriately, and support problem resolution in a timely and professional manner
Qualifications:Prior experience providing administrative support to a manager, department, or business unit
Strong time management, organizational, and prioritization skills with proven ability to manage competing deadlines
Ability to take direction, work independently, and follow through with minimal supervision
Strong problem solving and analytical skills with attention to detail
Excellent written and verbal communication skills, including a professional phone presence
Demonstrated reliability, accountability, and consistent follow through
Strong technical proficiency, including:
Microsoft Outlook, Teams, Word, Excel, PowerPoint
Ability to pull reports and manage data accurately
Comfort learning conference booking, catering, and collaboration tools
Ability to handle sensitive or confidential information with discretion and professionalism
Ability to move throughout the conference center as needed to support meetings, events, and site coordination
Education
High school diploma or GED required
Associate's or Bachelor's degree preferred
Equivalent combination of education and 2 years of relevant experience will be considered
The hiring range for this position is $ 24.08 to $34.62 an hour. 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.
Read LessEstablished 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 has an opportunity for a Claims Examiner to join our Chicago Operations Claims office in Park Ridge. IL
The Claims Examiner will perform prompt, equitable and satisfactory loss settlements on losses up to $500,000 before application of deductible under supervision of an experienced adjuster. The Claims Examiner will conduct desk adjustment of losses located throughout North America and may direct the activities of external independent adjusters ensuring all FM claims requirements are met.
Responsibilities
Successfully completes the claims examiner training program. This includes participating in formalized training classes, performing supplemental independent study through the utilization of study guides, and trailing and working with experienced adjusters. The training period typically is 12 to 18 months. Upon conclusion of program, will be able to assume full responsibilities of the position.
By trailing experienced adjusters to various industry sites within operational boundaries, gains knowledge and understanding of relevant claims risk. Also, familiarize himself/herself with the types of operations found within insured locations. The incumbent subsequently learns how to address the exposures and apply same to insured customers' policies.
Under the supervision of experienced adjustment personnel, investigates and assists the insured in mitigation activities including but not limited to claims preparation and subrogation.
Under the supervision of experienced adjustment personnel (FM or by hiring independent adjusters), negotiates with the insured to reconcile any differences of opinion regarding the extent of loss and/or coverage. The incumbent maintains rapport with the insured to reach an equitable and favorable settlement as promptly as possible.
Keeps company personnel and offices advised of progress via the transmissions of timely letters and adjustment file updates as outlined in the Claims Operating Requirements. Disagreements relating to coverage disputes shall be brought to the attention of management for review and action.
Keeps abreast of company policies, procedures and adjustment techniques.
Qualifications:Education
Bachelor's Degree, jurisdictional education requirements or equivalent job experience. The incumbent will be required to complete a 40 hour pre-licensing course and licensing exam within the first 6 months of employment.
Experience
A minimum of 2 years' experience within another FM business segment or equivalent
Skills and competencies
Fundamental understanding of company claims procedures.
Strong interpersonal skills including negotiating and consulting.
Solid communication skills, both oral & written.
Professional attitude.
Customer service oriented.
Must be organized and possess the ability to make quick and sound recommendations.
A high-level business understanding of FM is required as is a working knowledge of company-based technology.
The hiring range for this position is $75,000 - $106,000. 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.
Read LessEstablished 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.
Overview
FM has an immediate opening for an Account Manager II to work in the Chemical Operations office in Norwood, MA.
Duties
P erform insurance servicing and underwriting activities on existing accounts and for underwriting of new business.
Responsible for overall account team strategic direction.
Serve as key/primary interface with clients/brokers on all aspects of the account including insurance products and services, engineering and claims services.
Maintain a profitable book of business by effective use of sales techniques, client relationships, risk assessments, application of sound underwriting principles and creative use of underwriting resources.
Ensure premium growth by retaining existing clients through value added service, by selling additional product lines and by establishing equitable terms and conditions on new accounts introduced by sales executives.
Ensure policies accurately reflect both the insured and FM's intent of coverage.
Provide professional advice and consultation to all clients on insurance coverages and risk management matters, making them aware of the benefits derived from various products and services offered by FM.
In conjunction with Account Engineers, establish risk improvement priorities and support efforts to obtain client compliance with loss prevention recommendations.
Protect FM's assets through creative use of company underwriting programs and adherence to published guidelines which include: Linesetting Techniques, Judicious Purchase of Reinsurance (where warranted), Timely Issuance of Binders and Policies, Catastrophe Aggregate Analysis, M.F.L. Analysis and Cross Liability Checks.
Collect outstanding premium balances in a timely manner to meet Operation's goals and objectives.
Maintain necessary licensing and continue to update knowledge of underwriting guidelines, policy forms, loss prevention practices, and insurance industry developments.
Provide strategic direction to the overall FM account team, ensuring that the Account Business Plan is implemented effectively and efficiently.
Must maintain (or obtain within 90 days) a state of MA Insurance Producer License in Casualty and Property after onboarding.
Qualifications:Requires Bachelor's degree in Chemical Engineering, Fire Protection Engineering, Risk Management or related field, and 3 years of experience in any job title/occupation/position involving servicing or underwriting large property accounts in the insurance or reinsurance industries.
Experience specified must include 3 years of experience with each of the following: Chemical industry processes including fire and explosion risk hazards; Property insurance and forms; Financial statements; General loss prevention engineering terms and concepts; M.S. Office (Word, Outlook, PowerPoint and Excel); Risk identification and quantification, including interdependencies and business impact; evaluating natural hazards and associated fire perils hazards; Providing clients with customized engineered protection solutions to minimize exposures; prioritizing exposures on a location basis, and classifying facilities by insurance requirements as highly protected risk or non-highly protected risk.
Requires up to 40% domestic and international travel.
Internal Referrals for this position are eligible for the Employee Referral Program.
Employer: Factory Mutual Insurance Company
Work Location: 1175 Boston Providence Turnpike, Norwood, MA 02062
Hours: M-F, 40 hours/week
Salary: $123,926 to $178,470/year
Read LessEstablished 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.
Overview
FM has an immediate opening for a claims adjuster, preferably with a commercial property claims and/or engineering background to work in the Boston Operations claims office. Based on experience, candidates will be considered for Claims Adjuster and Sr. Claims Adjuster.
Responsibilities
The Claims Adjuster works alone or with a team assisting in determining the extent of coverage afforded under the clients' insurance policies while providing direction and assistance to the client with loss mitigation, salvage, restoration of production, claims preparation and subrogation. In addition, the incumbent retains, manages, and controls internal and external consultants, as needed such as Cause & Origin investigators, Building and Machinery Appraisers, Forensic Accountants to aid in the measurement of the losses.
Depending on the experience level, the incumbent is assigned Property Damage and Business Interruption losses, of varying degrees of size and complexity generally in excess of $500,000 and often in excess of $1,000,000 within the Operations geographical area of coverage, or as otherwise directed by the Operations Claims Manager.
An engineering degree (or equivalent experience) is required due to the technical nature of our losses. Project management and technical assessment of critical path is often needed on losses. Jurisdictional licensing may be necessary in some cases. Formalized training, including classroom, office and field-based will be provided.
The position is primarily office based with required field work. The candidate must be willing to travel, sometimes with short notice, and work out of town as needed in order to effectively manage assigned losses. Approximately 10% travel can be expected.
Qualifications:Education
Bachelor's degree in Engineering or other applicable discipline, or equivalent experience.
Experience
2 or more years of commercial property claims experience.
Skills
An understanding of claims processes and procedures
Interpersonal skills including negotiating and consulting
Excellent written and oral communication skills.
Must be organized and possess ability to make quick and sound recommendations.
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.
Read Less