Underwriting Operations Analyst – Treaty Reinsurance

Tokio Marine HCC International; Greater London; On-site; GBP 40,000 - 60,000; Full time

Job summary

Tokio Marine HCC International is seeking an Operations Analyst – Treaty Reinsurance in London to support the Head of Treaty Reinsurance Operations, developing reporting and underwriting systems and ensuring smooth daily operations.

You will coordinate with Corporate teams, manage overdue premium collections, and support large loss reporting. The role requires strong IT/BI skills, numerical ability, and excellent communication within a fast-paced environment.

Qualifications

• Experience working in an underwriting operations role.
• High level IT / BI skill set & proficient in all Microsoft Office Applications (including SQL VBA)
• Strong numerical skills
• Very focussed with strong organisational skills
• Team player with excellent relationship management skills
• Ability to work under pressure
• A calm individual with excellent communication skills

Responsibilities

• Support the Head of Treaty Reinsurance Operations in the day to day running and development of the Treaty Reinsurance Team’s reporting & underwriting systems (Corporate & Internal) alongside various London Market teams.
• Manage overdue premium collections working closely with Credit Control / Finance
• Manage the day to day running of Aggregate Exposures ensuring Corporate 1-250 Authorities are adhered to working closely with the Exposure Management Team when required.
• Support the Head of Treaty Reinsurance Operations with Large Loss reporting.
• Support in administration of reinsurance placements
• Support Underwriters to ensure LOB Bordereau’s are up to date and complete, liaising with the Head of Treaty Reinsurance Operations when required.
• Liaise with I.T, BI, Innovation & London Market Operational Change Teams to ensure all corporate enhancements are communicated and implemented smoothly and any improvements made by the Treaty Reinsurance Team adhere to corporate measures / standards.
• Be the main point of contact for any PEGA, SBS, DQ-Pro updates & changes ensuring all information is relayed back to the team in a clear and concise way.
• Keep up to date regarding Artificial Intelligence and how it can be used within the Reinsurance Industry.
• Provide general administrative support to the Treaty Underwriters, including: Producing renewal reports and any other ad-hoc reports using ERS/SBS; Assist with ad-hoc Underwriting projects / Team projects; Assist with ad-hoc PEGA Tasks.

Skills

IT/BI skills

SQL VBA

Numerical skills

Organisational skills

Communication skills

Team player

Pressure management

Relationship management

Underwriting operations

Tools

Pega

ERS

SBS

Job description

Job Title: Operations Analyst – Treaty Reinsurance

Reporting to: Head of Treaty Reinsurance Operations

Direct Reports: none

Position Type: Permanent

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

Support the Head of Treaty Reinsurance Operations in the day-to-day smooth running of the Treaty Reinsurance operations.

Provide innovation & ideas to enhance the underwriting process whilst liaising closely with Corporate Teams (Innovation, I.T, BI, Operational Change) to ensure change is implemented smoothly.

Key Responsibilities

• Support the Head of Treaty Reinsurance Operations in the day to day running and development of the Treaty Reinsurance Team’s reporting & underwriting systems (Corporate & Internal) alongside various London Market teams.
• Manage overdue premium collections working closely with Credit Control / Finance
• Manage the day to day running of Aggregate Exposures ensuring Corporate 1-250 Authorities are adhered to working closely with the Exposure Management Team when required.
• Support the Head of Treaty Reinsurance Operations with Large Loss reporting.
• Support in administration of reinsurance placements
• Support Underwriters to ensure LOB Bordereau’s are up to date and complete, liaising with the Head of Treaty Reinsurance Operations when required.
• Liaise with I.T, BI, Innovation & London Market Operational Change Teams to ensure all corporate enhancements are communicated and implemented smoothly and any improvements made by the Treaty Reinsurance Team adhere to corporate measures / standards.
• Be the main point of contact for any PEGA, SBS, DQ-Pro updates & changes ensuring all information is relayed back to the team in a clear and concise way.
• Keep up to date regarding Artificial Intelligence and how it can be used within the Reinsurance Industry.
• Provide general administrative support to the Treaty Underwriters, including:
• Producing renewal reports and any other ad-hoc reports using ERS/SBS
• Assist with ad-hoc Underwriting projects / Team projects.
• Assist with ad-hoc PEGA Tasks.

Essential

Skills and Experience Specification:

• Experience working in an underwriting operations role.
• High level IT / BI skill set & proficient in all Microsoft Office Applications (including SQL VBA)
• Strong numerical skills
• Very focussed with strong organisational skills
• Team player with excellent relationship management skills
• Ability to work under pressure
• A calm individual with excellent communication skills

Desirable

• Knowledge of AI capabilities and their application in underwriting environments
• Pega / ERS knowledge
• Knowledge of reinsurance contract wordings

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.