Assistant Underwriter
Assistant Underwriter
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Job Description
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 worlds 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 companys 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 for more information about our companies.
#LI-BU1 #LI-hybrid
Employment Type
Full-Time
