Underwriter - Liability

Underwriting / Product Management London, United Kingdom


  • Job Category:

    Underwriting / Product Management

  • Location:

    London, United Kingdom

  • Job Type:

    Permanent

  • Group:

    International Group

  • Number of Openings:

    1

Description

Position at Tokio Marine HCC

 

Underwriter - Liability

 

Job Purpose:

The main focus of this role will be assisting the Underwriting Manager with the high volume of referrals from Canadian Coverholders under delegated underwriting agreements and providing support with the ongoing management of these contracts.  

 

Location: Fitzwilliam House, St Mary’s Axe, London


Travel
: There could be travel required in the role although this would be occasional and only once the successful candidate was fully established in the role.

 

Key Responsibilities:

                      Underwriting Liability business within own authority and assisting with portfolio management

                      Providing a service to and managing and undertaking relationship development activity with a panel of brokers

                      Identifying potential new broker relationships

                      Monitoring of account performance for own panel of brokers

                      Representing TMHCC at broker / client / coverholder meetings)

                      Assisting the UW Manager with the management of delegated underwriting arrangements

                      Following the Liability team’s administrative procedures and dealing with any problems/queries that arise

                      Collation of information to facilitate the monitoring of the performance of the Liability account

                      Dealing with referrals from direct reports (where applicable)

                      Training and development of direct reports (where applicable)

                      Liaising with claims personnel in the handling of specific claims, and to identify claims trends

                      Undertaking specific ad-hoc projects as and when required

                      Supporting the PI Division in meeting its objectives through the development of multi-line products

                      To liaise with Admin support staff and provide coaching / development where required.

                      Attending in house / external training sessions and actively maintaining own training record.

Probationary Performance Objectives:

                      To have demonstrated the required level of technical knowledge and skill

                      To have gained an understanding of TMHCCs underwriting philosophy, risk selection criteria and cultural values

                      To have demonstrated competent use of TMHCCs admin systems and compliance with our procedural processes.

Skills and Experience Specification:

 Essential:

                      A minimum of three years’ relevant Liability experience as an underwriter or broker, including UK/Irish contractors’ business

                      Minimum 3 ‘A’ levels at Grade C or above (or equivalent)

                      Good organisational skills

                      Good communication skills

                      Strong negotiating and business/relationship development skills

                      A high level of IT literacy, including Word and Excel

 

Desirable:

                      Experience of handling binding authority agreements

                      Experience of Canadian Liability business

                      Relevant insurance qualifications

 

 

Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, and other locations. With the strength and stability that comes from being a member of the Tokio Marine group, and more than forty years of growth, profitability, and stability, we offer important insurance products that most people do not even know exist.

 

Just as we invest in our company, we invest in our employees’ careers. We provide our employees a collaborative and rewarding environment within which to gain the knowledge, skills, and experience that lead to a rewarding career. Our products allow our customers to take on opportunity with confidence. In turn, our competitive salaries, attractive benefits, and potential for career growth allow you to take on opportunity with confidence.

 

The Tokio Marine HCC Group of companies is an equal opportunity employer.  Please visit www.tmhcc.com for more information about our companies.
#LI-TS1