AVP, Corporate Underwriting
Job Summary
Tokio Marine has been conducting business in the U.S. market for over a century and is licensed in all states, Puerto Rico, and the District of Columbia. The company writes all major lines of Commercial Property and Casualty Insurance and provides unique insurance and risk management tools through its experienced staff.
Accountabilities
- Develops and implements underwriting strategy including underwriting principles, guidelines, procedures, price levels, limits and coverage scope in accordance with the Company's risk appetite and Global guidelines.
- Develops and implements underwriting guidelines and procedures to achieve corporate objectives.
- Maintains and updates policy, endorsements, and new coverages with associated pricing, rules, and internal underwriting tools.
- Monitors underwriting results and monitors rate adequacy and oversees the rate review and filing process to achieve corporate objectives.
- Works with company Senior Executive Management, Business Segment Leaders, and other areas of the organization to identify product development needs.
- Manages the development, maintenance of policy, endorsements and new coverages with associated pricing, rules and internal underwriting tools.
- Monitors legal, competitive and regulatory climate to identify trends and develop appropriate strategies.
- Implements underwriting reviews and evaluations to ensure compliance with corporate standards and regulatory requirements.
- Provides technical consulting and training to Field Underwriting staff and expertise to the Company overall.
- Supports treaty reinsurance strategies and purchase.
- Manages operational processes of staff and directs efforts to improve accuracy and/or increase efficiency.
- Ensures compliance with proper internal controls as necessary to conduct job functions and/or carry out responsibilities and/or administrative activities.
Qualifications
- College Degree preferred
- CPCU or equivalent Professional designation preferred
- Minimum of 10+ Years in the Property business preferred, Management experience preferred
- 10+ Years experience in Underwriting including experience in Product Line Management preferred
- Knowledge of ISO, AAIS and independent state bureau requirements
- Proven track record with Compliance related issues
- Experience with Internal Audits and State Market Conducts preferred
- Strong Personal Computer skills
- Excellent verbal and written Communication skills
- Positive team participation and attributes preferred
Pay
$175,000 to $215,000. Ultimate salary offered will be based on factors such as applicant experience and geographic location.
Benefits
We offer a comprehensive benefit package, which includes a generous 401K match.
EEO Statement
Tokio Marine Management is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, or sexual orientation.