Senior Underwriter, Cyber

Tokio Marine HCC International; Walnut Creek (CA); On-site; USD 110,000 - 176,000; Full time

Benefits offered by this job

Competitive compensation

401K match

PTO & parental leave

Job summary

Tokio Marine HCC in Walnut Creek, CA is seeking an underwriting professional to perform analyses under general supervision. You will evaluate risks, communicate decisions to producers, and foster client relationships to support profitability and growth.

The role emphasizes ongoing education with CPCU/RPLU and related designations, offering a competitive compensation package and benefits within a collaborative, global specialty insurer.

Qualifications

• 4-year or bachelor’s degree in business, accounting, finance, or related field.
• Studies toward CPCU/RPLU/AU/CIC or equivalent insurance designation preferred.
• Strong math, analytical, and written/verbal communication skills.

Responsibilities

• Assist in meeting annual department goals for profitability, renewal retention, and new business growth.
• Evaluate risks for acceptability within established underwriting guidelines.
• Clearly communicate decisions with producers and respond to inquiries.
• Build and maintain productive relationships with clients, producers, co-workers and outside vendors.
• Respond to submissions and servicing items within company time frames.
• Pursue educational classes such as CPCU and/or RPLU as agreed with management.

Skills

Interpersonal skills

Math skills

Analytical thinking

Communication

Organizational skills

Discretion

Time management

Education

Bachelor’s degree

Tools

Microsoft Office

Job description

About TMHCC

Tokio Marine HCC (TMHCC) brings 50 years of service to the specialty insurance industry, today offering over 100 products to commercial customers in 180 countries around the world. Every policy we write is special, enabling our clients to do amazing things. From insuring the crops that feed us to the rock concerts that entertain us, to rescuing international travelers in trouble. Organic growth and over 60 successful acquisitions have grown our 2023 Gross Written Premium (GWP) to over $7.5 Billion. Our workforce has grown to 4,300 worldwide … big, but not so big that you cannot make a difference. Our Good Company values, including integrity, empowerment, and commitment to customer service, and a culture of innovation, communication, and collaboration make TMHCC a great place to work.

What We Offer

• Competitive salary and employee benefit package
• Strong learning culture
• Growth perspectives
• 6% 401K match
• 20 days of PTO and 2 Floating Days
• Paid parental leave
• An opportunity to love what you do

Job Summary

Under general supervision, performs underwriting analyses. Relying on experience and judgment, this role is responsible for accomplishing the following assignments. These assignments are varied in nature. Assist in meeting annual department goals for profitability, renewal retention, new business growth and rate increase. Evaluate risks for acceptability within established underwriting guidelines. Clearly and effectively communicate decisions with producers and effectively respond to any ensuing inquiries. Build and maintain productive relationships with clients, producers, co-workers and any outside vendors. Respond to submissions and servicing items within agreed upon company time frames. Act within scope of authority and consistent with company and corporate objectives, guidelines, policies and practices. Ensure that effective communications are maintained within area of responsibility. Communicate and provide instruction and information to Administrative Supervisor and/or Underwriting Assistants, as required, for issuing policies and endorsements. Pursue educational classes such as Chartered Property & Casualty Underwriter (CPCU) and/or Registered Professional Liability Underwriter (RPLU), as agreed upon with management. Additional duties and special assignments, as requested by manager.

Key Responsibilities

• Assist in meeting annual department goals for profitability, renewal retention, new business growth and rate increase.
• Evaluate risks for acceptability within established underwriting guidelines.
• Clearly and effectively communicate decisions with producers and effectively respond to any ensuing inquiries.
• Build and maintain productive relationships with clients, producers, co-workers and any outside vendors.
• Respond to submissions and servicing items within agreed upon company time frames.
• Act within scope of authority and consistent with company and corporate objectives, guidelines, policies and practices.
• Ensure that effective communications are maintained within area of responsibility.
• Communicate and provide instruction and information to Administrative Supervisor and/or Underwriting Assistants, as required, for issuing policies and endorsements.
• Pursue educational classes such as Chartered Property & Casualty Underwriter (CPCU) and/or Registered Professional Liability Underwriter (RPLU), as agreed upon with management.
• Additional duties and special assignments, as requested by manager.

Competencies

• Planning
  • Develop work plans, establish timelines, and set goals for assigned work.
  • Meet commitments on deadlines.
• Communication
  • Review activities, results, and recommendations with management and clients as appropriate.
• Cost Management
  • Drive improvement in existing business processes.
  • Perform work thoroughly in a cost-efficient manner and at a high productivity level.
• Business Controls and Policies
  • Comply with all corporate policies and procedures.
  • Report any breakdown in controls to management.
  • Conduct all activities in a safe manner.
• People Management
  • No people management responsibility but may provide guidance to less experienced employees.

Education

Min/Preferred Education 4 Year / Bachelors Degree Business Administration, Accounting, Finance, a related field, or the equivalent education and/or experience.

Certifications, Licenses, and Designations

Required: Studies toward attaining a Registered Professional Liability Underwriter (RPLU), Chartered Property Casualty Underwriter (CPCU), Associate in Commercial Underwriting (AU), Certified Insurance Counselor (CIC) or equivalent insurance designation depending on specialty area. Preferred: state-specific insurance license depending on specialty area.

Required Skills

• Result- and profit-oriented with the ability to balance other business considerations
• Knowledge of forms, procedures and insurance terminology
• Strong math skills
• Excellent interpersonal skills
• Team- and deadline-oriented environment
• Strong analytical, strong reasoning abilities and strong negotiation abilities
• Ability to read, analyze and interpret general business periodicals, professional journals, technical procedures and or government insurance regulations
• Possess and have ability to apply broad knowledge of principles, practices, and procedures
• Excellent written and verbal communications skills with an emphasis on confidentiality, tact, and diplomacy
• Exceptional organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously
• Knowledgeable of industry changes, legal updates, and technical developments related to applicable area of the Company’s business to proactively respond to changing business environment
• Intermediate proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word)

Equal Opportunity and Compliance

Tokio Marine HCC is an equal opportunity employer that values diversity and inclusion.

We offer competitive compensation, comprehensive benefits, and professional growth opportunities within a global organization.

The pay range for this position is $87,100-$176,000 which includes geographic adjustments, where applicable.

The pay range is the range THMCC, in good faith, believes is the range of compensation for this role at the time of this posting.

The hired applicant will be offered pay within the entire range based on the candidate’s geographic location, qualifications, work experience, education, and/or skill level.

The Company is fully committed to ensuring equal pay opportunities for equal work regardless of color, race, sex, national origin, sexual orientation, religion, age, veteran status, disability, pregnancy, citizenship status, genetic information, or any other basis protected by federal, state, or local pay equity laws.

You do not need to disclose your criminal history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and running a background check, if the Company is concerned about a conviction that is directly related to the job, you will be given the chance to explain the circumstances surrounding the conviction or challenge the accuracy of the background report.

The Company will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable federal, state and local laws, such as the Violent Crime Control and Law Enforcement Act of 1994 (18 USC § 1033(e))(the “VCCLEA”), which restricts financial institutions and insurers such as TMHCC from employing individuals with certain types of criminal convictions. Where the hiring and employment of individuals is not restricted by the foregoing, the Company will consider qualified applicants with arrest or conviction history in compliance with applicable law such as the California Fair Chance Act, the Los Angeles Fair Chance Initiative for Hiring Ordinance, the Los Angeles County Fair Chance Ordinance, the San Diego Fair Chance Ordinance, and the San Francisco Fair Chance Ordinance.

Your success is our priority. In a world that is rapidly changing, TMHCC enables you to take on opportunities with confidence. At Tokio Marine HCC, we pride ourselves on hiring the smartest, most conscientious people, who want to make a difference no matter their background. And then we give them the support and trust they need. We’re always looking for curious, creative transformative thinkers who want to change the status quo and have a passion for doing the right thing. If this is you, then we want you on our team.