Associate Underwriter
Associate Underwriter
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Tokio Marine HCC Public Risk Group a member of the Tokio Marine group of companies is a market leader in providing specialized insurance products for municipal entities. We cover counties cities townships villages police department prisons fire departments and more. We serve the growing insurance and risk management needs of medium and large governmental entities and provide property and casualty insurance coverages in multiple states.
Ideal candidate lives within reasonable commuting distance to Troy MI and is comfortable with a Hybrid InOffice Work Schedule 3 days inoffice 2 days work from home)
Associate Underwriter
This position is responsible for reviewing insurance applications to evaluate classify and rate each riskto determine acceptability coverage and pricing. Establishes maintains and develops agency and/orbroker relationships. Position has defined underwriting authority and business developmentresponsibility. Provides underwriting in single or multiple areas of liability property or specialcontingency coverage.
Key Responsibilities
Evaluate new and renewal policy applications and related documents to classify and assess each risk determine acceptability assign rating indicate endorsements and limits and determine appropriate pricing.
Contact and respond to verbal and written inquiries from brokers within designated timeframe to provide appropriate information and serve as an underwriting resource.
Create and maintain all documentation (physical and electronic) including new and renewal bound files underwriting worksheets documentation of phone conversations and other key documents according to departmental guidelines.
Adhere to all company underwriting authority directives underwriting guidelines and other applicable company policies and procedures.
Approve or deny within given authority or recommend approval or denial to higher authority.
Cultivate relationships with internal and external contacts to facilitate the underwriting process promote business development and to remain abreast of industry trends.
Serve as a resource to other departmental staff with regards to underwriting procedures and other departmental guidelines.
Develop understanding of various factors that affect and influence policy rating and risk.
Position Knowledge Skills and Requirements
Minimum 4 Year Bachelors degree in Business Administration Accounting Finance a related field or the equivalent education and/or experience
HIGHLY PREFERRED: Majored in Risk Management and Insurance
Studies toward attaining a Registered Professional Liability Underwriter (RPLU) Chartered Property Casualty Underwriter (CPCU) Associate in Commercial Underwriting (AU) Certified Insurance Counselor (CIC) or equivalent insurance designation depending on specialty area
Progressive Underwriting experience in specialty or related area that includes a working knowledge of state laws preferred.
Possess and have ability to apply basic knowledge of principles practices and procedures.
Good written and verbal communication skills with an emphasis on confidentiality tact and diplomacy
Good organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously.
Knowledgeable of industry changes legal updates and technical developments related to applicable area of the Companys business to proactively respond to changing business environment.
Proficiency and experience using Microsoft Office package (Excel Access PowerPoint Word)
The Tokio Marine HCC Group of Companies offer a competitive salary and employee benefit package. We are a successful dynamic organization experiencing rapid growth and are seeking an energetic and confident individual to join our team of professionals. The Tokio Marine HCC Group of Companies are equalopportunity employers. Please visit for more information about our companies.
#LINL1
#LIHybrid
Required Experience:
IC
Employment Type
Full-Time
