Underwriting Assistant
1 week ago
Job Title: Underwriting Assistant - Liability
Location: City of London
Position Type: Permanent, 35 hours per week
Hybrid: 4 days in the office, 1 day working from home
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.
Job Purpose:
Assisting the Underwriting team with the management and administration of the London Liability account.
Key Responsibilities:
- Logging new business enquiries and renewals into the Underwriting Quote Engine
- Issuing renewal letters / claims experiences/reports on behalf of underwriters
- Processing and issuance of policy documentation
- Processing of declaration adjustments including liaising with solicitors to collect unpaid premiums
- Management of surveys on behalf of underwriters (new and existing risk surveys)
- Assisting with the monitoring of broker binding authorities, and the processing of delegated underwriting monthly bordereau’s
- Dealing with account queries and liaising with the PAS team, accounts, brokers, cover holders, underwriters and other internal staff
- Liaising with claims personnel and responding to requests for information
- Monthly reporting of Contract Certain policy counts to Compliance
- Scanning and uploading documents to files
- Answering incoming telephone calls from brokers
- Under the supervision of Senior Underwriter / Underwriting Manager handling new Liability enquiries, renewals, mid-term amendments and referrals under delegated authority arrangements (expected to achieve own underwriting authority within a maximum of two years)
- Attending broker / client / coverholder meetings and events where required
- Collation of information to facilitate the monitoring of the performance of the Liability account
- Undertaking specific ad-hoc projects as and when required
- Attending in house / external training sessions and actively maintaining own training record
- Assisting with marketing activities as and when required
- Assisting other departments within the Professional Risks Division where required
Performance Objectives:
- Demonstrate good communication. Liaising internally with Underwriters, management, and other teams within the company.
- Be able to confidently use the underwriting system and understand its functionality (training will be provided).
- Take minutes for the underwriter team meetings.
- Be able to follow underwriting guidelines.
- Integrate and be a team player.
Skills and Experience Specification:
Essential:
- 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 working within a similar role
- Relevant insurance qualifications (CII) or currently working towards
What We Offer
The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit
for more information about our companies.
LI-BU1 #LI-Hybrid
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