Associate Specialty Underwriter
About the role
Role Overview
Tokio Marine HCC is a global industry-leading specialty insurance group, offering over 100 classes of specialty insurance. The Associate Specialty Underwriter evaluates new and renewal policy applications, communicates with brokers, and creates and maintains underwriting documentation.
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.
- Manage a high volume of broker submissions by following structured work plans and meeting predefined turnaround-time goals.
- Meet or exceed established commitments on deadlines to maintain strong broker satisfaction and competitive market placement.
- Serve as a primary point of contact for brokers; build and maintain strong, collaborative market relationships to facilitate the underwriting process, promote business development, drive profitable premium growth, and stay abreast of industry trends.
- Articulate underwriting decisions, pricing rationale, and policy terms clearly and persuasively to brokers and direct manager.
- Gather market intelligence and broker feedback to identify new business opportunities and improve service delivery.
- 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.
- 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.
Requirements
This is an entry level position, internship(s) in business or a related area preferred.
You have earned a bachelor’s degree in business administration, Accounting, Finance, or a related field.
You must have office environment work experience.
You possess intermediate proficiency and experience using Office 365 (Excel, Word, PowerPoint).
Your written and verbal communications skills are excellent, with an emphasis on confidentiality, tact, and diplomacy.
You possess exceptional organizational and analytical skills; with a demonstrated ability to manage multiple tasks simultaneously.
You have accurate data entry skills.
You are adept at working as part of a team yet capable of working independently as needed.
Qualifications
Key Qualifications:
Intermediate proficiency and experience using Office 365 (Excel, Word, PowerPoint)
Excellent written and verbal communications skills, with an emphasis on confidentiality, tact, and diplomacy
Exceptional organizational and analytical skills, with a demonstrated ability to manage multiple tasks simultaneously
Accurate data entry skills
Adept at working as part of a team yet capable of working independently as needed
Skills
Intermediate proficiency and experience using Office 365 (Excel, Word, PowerPoint)
Excellent written and verbal communications skills, with an emphasis on confidentiality, tact, and diplomacy
Exceptional organizational and analytical skills, with a demonstrated ability to manage multiple tasks simultaneously
Accurate data entry skills
Adept at working as part of a team yet capable of working independently as needed
Benefits
Comprehensive medical, vision, and dental coverage, with eligibility beginning on your first day of employment
Basic life and disability insurance
401(k) plan with 6% company match
20 days of PTO, two floating holidays, approximately 11 paid holidays, and volunteer time off
Paid parental leave
Access to our award-winning wellness program, including mental health services, fitness network membership, and a complimentary Headspace subscription
Student loan matching program
Employee discount program
Pay
The pay range for this position is $30.58 - $38.22, which includes geographic adjustments, where applicable.
Schedule
Travel (up to 20%) will be required.