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Tokio Marine HCC · 2 weeks ago

Associate Underwriter, Public Risk Group

Troy, MI

Full-time

Hybrid

Mid Level

Tokio Marine HCC - Public Risk Group is a leader in providing specialized insurance products for municipal entities. The Associate Underwriter will evaluate insurance applications, maintain agency relationships, and provide underwriting for liability, property, or special contingency coverage.

CommercialFinancial ServicesInsurance

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

Evaluate new and renewal policy applications and related documents to classify and assess each risk, determine acceptability, assign rating, indicate endorsements and limits, and determine appropriate pricing

Contact and respond to verbal and written inquiries from brokers within designated timeframe to provide appropriate information and serve as an underwriting resource

Create and maintain all documentation (physical and electronic) including new and renewal bound files, underwriting worksheets, documentation of phone conversations, and other key documents according to departmental guidelines

Adhere to all company underwriting authority directives, underwriting guidelines, and other applicable company policies and procedures

Approve or deny within given authority or recommend approval or denial to higher authority

Cultivate relationships with internal and external contacts to facilitate the underwriting process, promote business development, and to remain abreast of industry trends

Serve as a resource to other departmental staff with regards to underwriting procedures and other departmental guidelines

Develop understanding of various factors that affect and influence policy rating and risk

Qualification

Underwriting experienceRisk ManagementInsuranceInsurance designationsMicrosoft Office proficiencyAnalytical skillsCommunication skillsOrganizational skills

Required

Minimum 4 Year Bachelor's degree in Business Administration, Accounting, Finance, a related field, or the equivalent education and/or experience

Studies toward attaining a Registered Professional Liability Underwriter (RPLU), Chartered Property Casualty Underwriter (CPCU), Associate in Commercial Underwriting (AU), Certified Insurance Counselor (CIC) or equivalent insurance designation depending on specialty area

Possess and have ability to apply basic knowledge of principles, practices, and procedures

Good written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy

Good 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

Proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word)

Preferred

Majored in Risk Management and Insurance

Progressive Underwriting experience in specialty or related area that includes a working knowledge of state laws preferred

Company

Tokio Marine HCC

Glassdoor4.0

Tokio Marine HCC focuses on what matters most; our people.

Founded in 1974

Houston, Texas, USA

1001-5000 employees

http://www.tmhcc.com/

H1B Sponsorship

Tokio Marine HCC has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2022 (1)

2020 (3)