Job Title: Assistant Underwriter
Location: City of London
Position Type: Permanent
Hybrid: 3 days in the office, 2 days working from home
Overview:
Why Tokio Marine HCC?
Standing still is not an option in the current world of Insurance. TMHCC are one of the world's leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients.
Job Purpose:
As a Financial Lines - Management Liability Assistant Underwriter, based in our London office you will be employed by our legal entity HCC Service Company Inc and that trades under the Tokio Marine HCC name. As such, you will form part of a team of professionals that focus on developing our London portfolio. You will directly report to the Financial Lines Manager - Management Liability and, after initial in-house training, contribute to the maintenance and growth of the Underwriting portfolio by assisting Underwriters in pre-Underwriting analysis and post-binding processing, ensuring the end-to-end process is fully compliant with Tokio Marine HCC guidelines. You will be key in helping maintain profitable relationships with brokers and insureds and your role will fully support and comply with the company's objectives and standards.
Key Responsibilities:Cultivate and maintain broker relations
Analyse data relating to Financial Lines clients: study financial, regional/national economic trends and industry conditions in the assigned underwriting discipline
Assist Underwriters in accurately recording risk details; building broker relationships as required; developing knowledge of the class of business and the accounts written; retrieving data for Underwriters as requested; accurately and on time
Maintain underwriting documentation/files; in compliance with Tokio Marine HCC guidelines
Communicate with other departments to ensure accuracy of data and compliance with Tokio Marine HCC guidelines
Follow Underwriting guidelines and assist Underwriters with underwriting, pricing and negotiation recommendations
Coordinate and/or participate in special projects
Attend off-site conferences, trade shows, seminars and meetings
Performance Objectives:Ability to navigate systems efficiently and with minimal supervision.
Be recognised and trusted by brokers as the first point of contact
Liaise and develop relationships with key brokers without assistance.
Able to demonstrate that you have a solid understanding of Financial Institutions class of business
Skills and Experience Specification
Essential:Strong analytical skills
Entrepreneurial with excellent commercial skills
Good negotiation skills and communicator
Self-starter
Possess a proactive approach to problem solving, taking ownership
resilient and able to handle a demanding workload
Resourceful, hard worker taking pride in work
Punctual, loyal and reliable
Team player
Collaboration skills
Desirable:2-3 years' experience working within an Underwriting team as an Underwriting Assistant or Assistant Underwriter
Relevant insurance qualifications (E.g. CII)
A high level of IT literacy, including Word and Excel
What We Offer
The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals.
The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies.
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