Underwriting Assistant - Liability

Tokio Marine HCC International; Greater London; Hybrid; GBP 24,000 - 27,000; Full time

Job summary

Tokio Marine HCC International in London requires an Underwriting Assistant to provide full administrative support to the Canadian Liability Underwriting Team. The role is based in City of London with a hybrid arrangement: minimum four days in the office and one day working from home.

You will assist with processing Canadian binding authorities, develop broker relationships, collate information for performance monitoring, and support the team through administrative tasks and renewals.

Qualifications

• Minimum two years’ liability experience in insurance.
• Strong organisational and deadline-driven abilities.
• Experience in a similar role (1–2 years).
• Strong analytical skills for portfolio management.
• Excellent written and verbal communication.
• Minimum three A-levels (Grade C or above).
• High level IT literacy.

Responsibilities

• Process and report Canadian binding authorities.
• Develop relationships with brokers on the panel.
• Collate information to monitor portfolio performance.
• Follow Liability team procedures and resolve issues.
• Liaise with claims and respond to information requests.
• Support ad-hoc projects as required.
• Administer renewal process and chase renewals.
• Coordinate with admin staff and provide assistance.

Skills

Liability experience

Organisational skills

Similar role experience

Analytical skills

Communication skills

A-levels

IT literacy

Education

A-levels (3+)

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:

In supporting the underwriting team’s efforts in maintaining a successful and profitable account, you will be involved in the following tasks:

• 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

Skills and Experience Specification:

Essential

• 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.”

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