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Tokio Marine HCC – A&H Group · 1 month ago

Associate Underwriter, Public Risk Group

Michigan - Troy

Full-time

Hybrid

New Grad, Entry Level

Tokio Marine HCC - Public Risk Group is a market leader in providing specialized insurance products for municipal entities. The Associate Underwriter will be responsible for reviewing insurance applications, evaluating risks, and developing relationships with brokers while ensuring compliance with underwriting guidelines.

Insurance

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

Risk ManagementInsuranceUnderwriting experienceRegistered Professional Liability Underwriter (RPLU)Chartered Property Casualty Underwriter (CPCU)Microsoft 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)