Director, Underwriting Global Business

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 provides commercial property and casualty insurance and works with major brokers and independent insurance agents. Tokio Marine Holdings is Japan's oldest and largest property and casualty insurer, operating worldwide.

Essential Job Functions

• Review new casualty business, renewal, and endorsement requests.
• Gather data, analyze, and evaluate all information provided.
• Obtain additional information as needed to determine acceptability based on underwriting guidelines and sound judgment.
• Manage all personnel within your underwriting unit, including interviewing and onboard new hires, recommending and budgeting for salary adjustments & promotions, onboarding employees transferring into the department, and managing employee performance issues within TMA’s policies and procedures.
• Assess training needs of Underwriting staff and assist in implementing staff Development Plans.
• Cooperate with co-workers to foster a team atmosphere.
• Establish and monitor workflows to meet goals.
• Establish and maintain positive, professional relationships with producers.
• Utilize effective sales and negotiation skills to obtain and retain accounts on the most profitable terms available to TMA.
• Work closely with other internal departments such as Client Solutions, Loss Control, Claims, Accounting to meet client service goals and increase knowledge on accounts in the GBU Book.
• Follow TMA and Department of Insurance Guidelines to ensure the profitability and compliance of your book of business.
• Train other team members and participate in the self-audit process to ensure compliance.
• Lead and/or participate in the implementation of Strategic Initiatives (Company, Dept, Region or branch).
• Prepare and/or provide input into reports or special projects as designated.
• Responsible for complying with proper internal controls as necessary to conduct job functions and/or carry out responsibilities and/or administrative activities at Company.
• Perform ongoing analysis of business processes related to the productivity of the Underwriting unit.
• Collaborate and coordinate business process improvement strategies and revisions with all internal stakeholders that may be impacted by process changes.
• Oversee and monitor all aspects related to the implementation stages of business process improvement initiatives and report results to leadership.
• Document, revise and update procedures and policies as needed.

Qualifications

• College Degree or equivalent preferred.
• CPCU or equivalent Professional designation preferred.
• Minimum of 10+ years underwriting casualty risks at a P&C insurance carrier.
• Management experience.
• Proven track record with compliance related issues.
• Proficiency with personal computer and related software applications (MS Office, etc.).
• Ability to do quantitative analysis, including root cause analysis and retrospective calculations.
• Excellent verbal and written communication skills.
• Positive team participation and attributes preferred.

Pay

$160,000 to $200,000. Ultimate salary offered will be based on factors such as applicant experience and geographic location.

Benefits

• A comprehensive benefit package, including a generous 401K match.
• Competitive benefits package.
• Bonus eligibility on top of base.

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.