Underwriting Assistant
2 weeks ago
Description
Position at Tokio Marine HCCJob title: Underwriting Assistant
Reporting to: Underwriting Manager
Location: City of London
Position type: Permanent, 35 hours per week
Hybrid: 4 days in the office, 1 day working from home
Overview:
Why TMHCC?
Standing still is not an option in the current world of Insurance. TMHCC are one of the world’s leading Speciality Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, Tokio Marine HCC 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 values to be a Good Company, and so is a desire to grow and provide creative and innovative solutions to our clients.
The role:
This role will provide full administrative support to the Professional Risks Underwriting Team.
Key Responsibilities:
In supporting the underwriting team's efforts in maintaining a successful and profitable account, you will be involved in the following tasks:
Full administration of FastTrack renewals including liaising with brokers to secure instructions and final processing of the business. Dealing with a variety of Mid Term Adjustments Including Change of addresses, change of names and increased indemnity limits. Production of a variety of reports for management. Providing day-to-day support of the underwriting team in dealing with incoming telephone queries and where necessary ensuring that matters are referred to the appropriate underwriter. Dealing with and resolving a variety of accounting queries including direct debit queries. Processing of new business orders on behalf of underwriters. General administration of the renewal process including chasing up of outstanding renewals. Attending underwriting meetings and taking of minutes as required. Undertake any other ad hoc activities/project work required.Performance Objectives / Early Deliverables (first 3 to 6 months):
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
Experience of working within a similar role (typically 1-2 yrs experience) Min 3 A levels at Grade C or above (or equivalent) Excellent communication skills (verbal and written) to underpin broker development and relationship building. IT literate Excellent organisation skillsDesirable
Working towards insurance qualifications is desirable but not essential Professional Indemnity underwriting knowledge is desirable but not essential (commercial SME background acceptable)“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.
The Tokio Marine HCC Group of companies is an equal opportunity employer.
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