GBU Small Commercial Underwriter II

Marketing Statement

About Tokio Marine:

Tokio Marine has been conducting business in the U.S. market for over a century and we are licensed in all states, Puerto Rico and the District of Columbia, and write all major lines of Commercial Property and Casualty Insurance. We provide unique insurance and risk management tools from our experienced staff of account executives, underwriters and loss prevention engineers and fair and timely claim settlement from a skilled team of claim professionals. We work with major brokers and leading independent insurance agents throughout the United States to serve the world's largest and most distinguished organizations.

We are committed to creating value for our customers by providing ANSHIN (safety, security and peace of mind). We strive to be creative and passionate as we work towards our long-term success.

Tokio Marine Holdings is Japan's oldest, and one of the largest property and casualty insurers. Founded in 1879, TMNF operates worldwide in 47 countries. With annual revenues of approximately $50 billion and an A.M. Best rating of A++, one of the highest in the industry, we are one of the top 20 insurance providers worldwide.

Job Summary:

Underwrite commercial risks in accordance with Tokio Marine Management's corporate goals and guidelines. Stay within individual authority as designated on written authority statement. Assist the AVP Eastern Region and/or Executive Technical Underwriters in achieving retention, time service, data quality, regulatory compliance and production goals for the GBU Eastern region team.

Essential Job Functions:

• Review new business, renewals, and endorsement requests.
• Analyze all information provided.
• Obtain additional information as needed to determine acceptability based on underwriting guidelines and sound judgment.
• Establish and maintain positive, professional relationships with producers.
• Utilize effective sales and negotiation skills to obtain and retain accounts on the most profitable terms for TMM.
• Work closely with other internal departments such as loss control, claims, premium audit, and accounting to meet client service goals and increase knowledge of accounts.
• Follow TMM and Department of Insurance guidelines to ensure profitability and legality of your book of business.
• Use TMM technology, specifically OnBase, to process work and maintain all required documentation.
• Comply with proper internal controls to conduct job functions and carry out responsibilities/administrative activities.
• Assist Executive Underwriters and AVP Eastern Region in developing underwriting information and analyzing/evaluating risks on large, complex new business and renewals.
• Solicit renewal information, prepare draft quotes, and process new business, renewals, endorsements, and cancellations under the direction of the Underwriter or AVP Eastern Region.
• Automatically process non-money endorsements based on select criteria developed by the Underwriter.
• Review and automatically process monthly audit billings/endorsements based on select criteria developed by the AVP Eastern Region.
• Assist with conditional notices, endorsement information, state filings, and cancellation/non-renewal notices.
• Assist with premium accounting problems or issues.
• Provide support to other underwriting units locally and nationally as directed by the AVP Eastern Region.
• Perform quality control audits on select policies to ensure consistency and regulatory compliance as directed by the AVP Eastern Region.
• Complete projects as assigned by Executive Underwriters and/or AVP Eastern Region.
• Communicate with agents and brokers via phone, writing, email, and other sources to collect essential underwriting information.
• Properly document the underwriting file to meet all compliance requirements.
• Create additional file and policy documentation using Word/Excel, etc., as directed by the Underwriter or AVP Eastern Region.
• Answer requests from brokers, AEOs/Client Solutions, and marketing regarding account status.
• Maintain manual and automated logs for internal reporting and compliance as directed by the Team Leader.
• Interface daily with team members.
• Comply with internal controls necessary to conduct job functions and/or administrative activities of the company.
• Attend internal or external meetings as directed by the AVP Eastern Region.

Qualifications:

• College Degree preferred or equivalent experience in the underwriting field.
• 2 + year of experience in insurance preferred.
• Knowledge of technical assistant/rating commercial and/or risk management underwriting
• Strong oral and written communication; and strong interpersonal skills.
• Excellent knowledge of Excel and Word programs; strong, proficient PC skills.
• Demonstrated history of strong work ethic and initiative.
• Participation in insurance continuing educational programs a plus.

Salary range of $85k - $100k. Ultimate salary offered will be based on factors such as applicant experience and geographic location. Our company offers a competitive benefits package and bonus eligibility on top of base.

TMA believes the perfect candidate is more than just a resume. If you don't meet every single requirement, but are still interested in the job, we encourage you to apply.

Benefits:

We offer a comprehensive benefit package, which includes a generous 401K match. Our rich history of outstanding results and growth allow us to focus our business plan on continued growth, new products, people development and internal career opportunities.

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.