Underwriter - Professional Risks

Tokio Marine HCC International; City Of London; Hybrid; GBP 45,000 - 65,000; Full time

Job summary

Tokio Marine HCC International is seeking an Underwriter - Professional Indemnity to join our City of London team. The role focuses on renewals, new risks, quotations, and broker relationships within an SME market, with a growth focus and a variety of professional indemnity exposures.

The ideal candidate will have at least 3 years in a PI underwriting role, strong IT skills, and excellent communication and negotiation abilities.

Qualifications

• At least 3 years experience of working within a similar role.
• A high level of technical PI underwriting knowledge.
• Minimum of 3 A levels at Grade C or above (or equivalent).
• Excellent communication skills (verbal and written) to underpin broker development and relationship building.
• A high level of IT literacy, including Word and Excel.
• Strong negotiation skills.
• Ability to organise workload and priorities and work to deadlines.

Responsibilities

• Provide service to brokers / Clients on all Classes underwritten.
• Underwriting of risks within authority and referral of risks outside of authority.
• Take underwriting referrals once appropriate authority level attained and provide necessary support / training.
• Handling referrals and queries from the HCC online system within service levels.
• Monitoring of Broker Accounts / Performance within Team
• Assist in compiling and presenting training sessions
• Attending in house / external training sessions and actively maintaining own training record.
• Dealing with Brokers within required service levels.
• Dealing with underwriting administration e.g. production of policy documents, accounts queries etc.
• Broker development, actively meeting with Brokers to develop business.
• Undertake any other ad hoc activities / project work as required.

Skills

PI underwriting

Broker development

Negotiation

IT literacy (Word/Excel)

Communication skills

Time management

Education

A levels

Tools

MS Word

MS Excel

Job description

Job Title: Underwriter - Professional Indemnity

Location: City of London

Position Type: Permanent, 35 hours per week

Hybrid: Minimum of 4 days working in the office

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

This role would be well suited for an Underwriter or Assistant Underwriter who is dedicated and keen to make an impact on a market leading team. The role will involve handling renewals, new risks, quotations, adjustments and developing broker relationships. This role is not based in Lloyds and, has a focus on growth within an SME market, with the successful candidate having the opportunity to write insurance on a wide range of professions.

Key Responsibilities

• Provide service to brokers / Clients on all Classes underwritten
• Underwriting of risks within authority and referral of risks outside of authority.
• Take underwriting referrals once appropriate authority level attained and provide necessary support / training.
• Handling referrals and queries from the HCC online system within service levels.
• Monitoring of Broker Accounts / Performance within Team
• Assist in compiling and presenting training sessions
• Attending in house / external training sessions and actively maintaining own training record.
• Dealing with Brokers within required service levels.
• Dealing with underwriting administration e.g. production of policy documents, accounts queries etc.
• Broker development, actively meeting with Brokers to develop business.
• Undertake any other ad hoc activities / project work as required.

Essential - Skills and Experience Specification:

• At least 3 years experience of working within a similar role
• A high level of technical PI underwriting knowledge
• Minimum of 3 A levels at Grade C or above (or equivalent)
• Excellent communication skills (verbal and written) to underpin broker development and relationship building.
• A high level of IT literacy, including Word and Excel
• Strong negotiation skills
• Ability to organise workload and priorities and work to deadlines

Desirable

• Relevant insurance qualification or willing to work towards qualifications

What We Offer

The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals.

The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies.