Assistant Underwriter

4 weeks ago

London, United Kingdom Tokio Marine HCC Full time

Job title: Assistant Underwriter – Property Treaty

Reporting to: Head of International Catastrophe - Treaty Reinsurance

Location: Fenchurch Street, 5 days onsite

Overview:

Why Tokio Marine HCC?

Standing still is not an option in the current world of Insurance. TMHCC are one of the world’s leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients.

About the Team

The Property Treaty Reinsurance team has been very successful in underwriting a profitable book over the last 10 years. This role is to work with the international U nderwriters but will have access to all levels of the team as well. The treaty team is split into US and Canadian Cat, International Cat, Risk, Engineering, and Specialty. This role will be supporting the i nternational c atastrophe reinsurance book.

The successful candidate will be a key member of the of the underwrit ing team but will also be involved with day-to-day transactions with B rokers and U nderwriters and will get good opportunities to learn the business.

There is opportunity for progression for the right candidate.

Job Purpose:

M ain responsibilities will be to provide general support to our underwriting team. This will involve maintaining records and checking policies, and assisting with day-to-day transactions with B rokers and U nderwriters. This role offers excellent opportunities for learning and growth within the business.

Key Responsibilities :

  • Process broker enquiries (including renewals, new business, quotes etc.), follow-up and monitor progress towards budget.
  • Technical rating of accounts by thorough analysis, interpretation, and input of underwriting information.
  • Produce reports from systems for use by the U nderwriters.
  • Collaborate with B rokers and clients to help negotiate terms and conditions.
  • Provide Broker and Client support work for Underwriters including preparation for renewals and Client meetings.
  • Monitor and Maintain workflow systems.
  • M aintain wordings and clauses database.
  • Filling of p olicy documents in the Imageright database.
  • Entering geographical exposure data into the Exact aggregate database.

Skills and Experience Specification:

  • At least 5 years’ experience of the reinsurance/insurance market
  • Conscientious, hardworking and driven.
  • Excellent organization and prioritization skills.
  • Ability to work well in a team.
  • Language skills (e.g. Italian, German, Spanish, French) are preferable but not essential.

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.

What we offer

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 for more information about our companies.

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