Underwriting Assistant - Liability

Tokio Marine HCC International; Greater London; Hybrid; GBP 26,000 - 36,000; Full time

Job summary

Tokio Marine HCC International is seeking an Underwriting Assistant in London to provide full administrative support to the Canadian Liability Underwriting Team. The role reports to the Head of Delegated Underwriting and Canadian Liability – Professional Risks and offers hybrid working with four days in the office.

You will assist with binding authorities processing, broker relations, portfolio monitoring, renewals, and ad-hoc projects, developing detailed administrative and analytical

Qualifications

• Minimum two years’ liability experience with an insurer, Lloyd’s syndicate, broking firm, MGA or coverholder.
• Strong organisational skills and a proven ability to solve problems and meet deadlines.
• Experience in a similar role (1–2 years).
• Strong analytical skills to assist in portfolio management and reporting.
• Excellent communication skills (verbal and written).
• Minimum three A-levels at Grade C or above (or equivalent).
• A high level of IT literacy.

Responsibilities

• Assisting with the processing and reporting of Canadian binding authorities.
• Providing a service to and developing relationships with a panel of brokers.
• Collating information to facilitate monitoring of the portfolio’s performance.
• Following the Liability team’s administrative procedures and addressing issues.
• Liaising with claims personnel and responding to information requests.
• Undertaking ad-hoc projects as required.
• Administration of the renewal process including chasing outstanding renewals.
• Liaising with administrative support staff and providing assistance where required.

Skills

Organisational skills

Problem solving

Analytical skills

Communication skills

Time management

IT literacy

Education

Three A-Levels (Grade C or above)

Tools

Microsoft Office

IT systems

Job description

Job title: Underwriting Assistant

Reporting to: Head of Delegated Underwriting and Canadian Liability – Professional Risks

Location: City of London

Position type: Permanent, 35 hours per week

Hybrid: Minimum 4 days in the office, Maximum 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 Canadian Liability Underwriting Team.

Key Responsibilities

• Assisting with the processing and reporting of Canadian binding authorities
• Providing a service to and developing relationships with a panel of brokers
• Collating information to facilitate the monitoring of the performance of the portfolio
• Following the Liability team’s administrative procedures and dealing with any issues
• Liaising with claims personnel and responding to requests for information
• Undertaking specific ad-hoc projects as and when required
• Administration of the renewal process including chasing up of outstanding renewals
• Liaising with administrative support staff and providing assistance where required

Essential

Skills and Experience Specification:

• A minimum of two years’ relevant Liability experience with an insurance company, Lloyd’s syndicate, broking firm, MGA or coverholder.
• Good organisational skills and a proven ability to solve problems and meet deadlines
• Experience of working within a similar role (typically one/two years’ experience)
• Strong analytical skills to assist in the management and reporting of the portfolio
• Excellent communication skills (verbal and written) to support relationship building
• Minimum three “A” levels at Grade C or above (or equivalent)
• A high level of IT literacy

Desirable

• Experience of handling binding authority agreements
• Experience of Canadian business
• Knowledge of London Market/Lloyd’s placement/administrative processes
• Relevant insurance qualifications

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. Please visit www.tmhcc.com for more information about our companies.