Underwriter
Description
Underwriter
In life, we trust things of great value with people that are reliable, trustworthy, and efficient. So, would you consider yourself to possess these qualities? Have you been trusted with tasks that hold high value and importance to a company? Do you want to do work that is meaningful and makes a difference? This might be the place for you! It is important when looking for a position to consider the company and what they do. So, why us? Why would we be right for you?
In life, we trust things of great value with people that are reliable, trustworthy, and efficient. So, would you consider yourself to possess these qualities? Have you been trusted with tasks that hold high value and importance to a company? Do you want to do work that is meaningful and makes a difference? This might be the place for you! It is important when looking for a position to consider the company and what they do. So, why us? Why would we be right for you?
THMCC Stop Loss
TMHCC Stop Loss, a $2 Billion division within Tokio Marine HCC, leads the way in providing medical stop loss insurance sold to employers. Medical Stop Loss provides an added layer of insurance protection to employers who choose to self-fund their health benefit plans. Self-funding can incur risks from catastrophic claims, and Medical Stop Loss insurance from Tokio Marine HCC is designed to protect employers from that risk.
TMHCC Stop Loss, a $2 Billion division within Tokio Marine HCC, leads the way in providing medical stop loss insurance sold to employers. Medical Stop Loss provides an added layer of insurance protection to employers who choose to self-fund their health benefit plans. Self-funding can incur risks from catastrophic claims, and Medical Stop Loss insurance from Tokio Marine HCC is designed to protect employers from that risk.
Based in our Kennesaw, GA office this person will report to the Regional Underwriting Manager. This position will be a hybrid work schedule with 4 days in the Kennesaw office.
Position Summary:
Position Summary:
Makes underwriting recommendations and decisions to protect the financial assets of the Company and the carrier. Reviews proposal requests to evaluate, classify, and rate each risk to determine acceptability, coverage, and pricing. Establishes,
maintains, and develops producer relationships. This position has defined underwriting authority and business development responsibility.
Key Responsibilities:
- Meet annual company goals for profitability, renewal retention, revenue growth, and new business production.
- Evaluates risk acceptability within established guidelines and set appropriate rates and factor levels.
- Analyze proposed plan changes to acceptability and cost.
- Work in conjunction with the Marketing department to follow-up on quoted cases.
- Communicates with third-party administrators/brokers to answer questions, explain decisions, deal with problems, build and maintain productive relationships. Respond appropriately and in a timely manner to service requests.
- Complete requests for proposal (RFPs) promptly and follow-up for status and competitive numbers. Quote at least 66% of RFPs received.
Education, Experience & Knowledge:
- 4-year bachelor’s degree in Business Administration, Accounting, Finance, a related field or equivalent education and/or experience.
- Preferred: work towards Certified Employee Benefits Specialist (CEBS), Fellow of the Life Management Institute (FLMI), or Chartered Life Underwriter (CLU) certification(s).
- 2 years progressive and relevant experience
- Ability to read and interpret documents such as plan of benefits, bid specifications, claim reports, and procedural manuals
- Possess and have ability to apply knowledge of principles, practices, and procedure
- Solid written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy
- Advanced organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously
- Knowledgeable of industry changes, legal updates, and technical developments related to applicable area of the Company's business to proactively respond to changing business environment
- Intermediate proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word
- Collaboration skills and ability to work on a team.
- Adaptability and willingness to learn.
Tokio Marine offers a competitive salary and benefits package including:
- Generous paid time off (PTO), 12 paid company holidays,
- 401(k) Retirement Plan with 6% company match.
- Health and dental insurance, and vision plan available.
- Company-provided long-term disability and life insurance.
- Opportunities for advancement in a successful and growing organization.
- Flexible work schedules and a great work/life balance.
- Paid Parental Leave.
- Volunteer Time Off.
#LI-CM3