Tokio Marine HCC – Surety Group

Underwriting Trainee, Cincinnati, OH

• Do you have a good understanding of financial statements (i.e., profit & loss, balance sheet, income statement, cash flow)?
• Do your writing skills show your ability to present information in an analytical manner?
• Are you looking for an opportunity with steady, long-term growth potential?

If you answered “yes!” to those questions, Tokio Marine HCC has a Surety Underwriting Trainee opportunity that can launch your career in an exciting direction.  We are looking for individuals who will analyze financial information, learn the foundations of surety underwriting, and become future leaders of the company.  

While we will teach you technical terms, processes, and responsibilities on the job, we’re looking for your strengths to help build the success of our company.  We’re seeking candidates with characteristics like curiosity to learn, proactive initiative to find information, thinking beyond what is presented, finding solutions to problems, good judgement and decision-making, excellent writing skills, good presentation skills, a customer service mindset, and excellent organizational skills. 

Position Overview

The Surety Group Underwriting Trainee program starts in-person in June 2024.  During the first year, the program includes in-depth knowledge and hands-on experience in Underwriting, Claims, IT and Finance through a blend of virtual and in-person group sessions, some travel to other key offices, and lots of collaboration with colleagues across branch offices and functions.  Trainees progress during the second and subsequent years into Surety Underwriter positions at the branch office location with greater underwriting and leadership responsibility.  Surety Trainees will be part of the Tokio Marine HCC Accelerate early career - talent development program.

Timeline and Performance Objectives 

• During the first 6 months: Understand surety operations. Work with Underwriting, Claims, Finance and IT departments on various projects.  Review underwriting submissions.  Ask a lot of questions to understand the process.
• During the first year: Review and analyze risks.  Show critical thinking.  Find creative and analytical solutions to write business for clients for any branch office.  Work toward the AFSB designation. 
• Beyond the first year:  Assess the risk of default on a variety of contract and commercial surety bonds, with increasing underwriting authority over time.  Expand business opportunities through productive outreach and market development. Complete your AFSB designation.

Education and Experience

• We prefer a bachelor’s degree in Accounting, Business Administration, Economics, Finance, or Risk Management, or the equivalent education and/or experience.
• The role is an entry-level underwriting position.  Internship(s) or experience in business or a related area is preferred.  

Tokio Marine HCC is a leading specialty insurance company with offices in the United States, the United Kingdom, Europe, and other locations. We offer competitive compensation, great benefits, and the strength, stability, growth, and profitability that comes from being a member of the Tokio Marine Group of Companies.

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

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