Tokio Marine HCC Careers

Job Title: Credit Risk Underwriting Manager 

Reporting to: Head of Credit Risk 

Location: Rearsby, Leicester/ Fitzwilliam House, London 

Position Type: Permanent, 35 hours per week 

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 world’s 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: 

• Management & supervision of the Risk team.
• Coaching, development, training and appraisal of the Risk team.
• Management of underwriting credit limit decisions made by the Risk team across all underwriting sectors with a view to ensuring consistent underwriting decisions.
• Ensure a collaborative, cohesive and equitable team environment is maintained.
• Maintaining and developing Broker relationships to enhance the reputation of TMHCC.
• Act as a reference point for both Customer Service and New Business teams.
• Ensure all Risk underwriting service commitments are achieved including meetings / turnaround times / notify insured tasks / monitoring, etc. as appropriate.
• Contribute to Management meetings, Watchlist meetings and Credit Committee meetings as required.
• Deputise for the Head of Credit Risk as and when needed.

Key Responsibilities: 

• Management, supervision, coaching, appraisal & development of the Risk team.
• Underwriting credit limit requests across all underwriting sectors and acting as a primary point of referral for the Risk team.
• Assume a lead role in ongoing buyer monitoring to ensure continued profitability within the portfolio.
• Managing the risk communication within the portfolio, ensuring sector knowledge is imparted and underwriting strategies are implemented.
• Providing new business limit indications to the Sales team. Managing the team to ensure quick turnaround times are achieved.
• Attending new business prospect meetings with the Sales team when required to assist growth targets.
• Act as a reference point for the Commercial U/W team to address queries and improve communication and processes.
• Underwrite credit limits within authority and assist with the preparation of reports required to satisfy higher approval levels.
• Direct contact with both Brokers and policy holders where required to provide reasons for Risk underwriting decisions.
• Develop and maintain knowledge of both the macro-economic environment and all relevant industry sectors.
• Assist with the Identification of improvements in systems development, liaise and develop specifications for Information Technology department.
• Assist with the coordination of UAT testing for all new underwriting system developments.
• Re-insurance – review exposure levels to ensure reinsurance authorization obtained where applicable.

Skills and Experience Specification: 

• Degree level education.
• 5 years + credit insurance risk underwriting experience.
• Advanced financial information analytical skills.
• Awareness of economic, sector and market conditions.
• Awareness of Policy terms & conditions across all relevant Policy wordings.
• Excellent communication skills.
• Understanding of the insurance regulatory environment.
• Awareness of Country & Political risk landscape.
• Customer service skills.

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 www.tmhcc.com for more information about our companies. 

The Tokio Marine HCC Group of companies is an equal opportunity employer.  Please visit www.tmhcc.com for more information about our companies.