Technical Assistant I

Tokio Marine America; Jersey City (NJ); Hybrid; USD 64,000 - 69,000; Full time

Benefits offered by this job

401K match

Job summary

Tokio Marine America in Jersey City is seeking an experienced underwriting support professional to assist underwriters, technical assistants, and managers in achieving production, time service, quality and regulatory compliance goals.

You will rate and issue various lines (Property, Inland Marine, Crime, GL, Auto), use ISO rules and Bureaus, and process endorsements, quotes, and renewals, while maintaining regulatory filings and logs.

Qualifications

• College degree preferred.
• 2+ years of technical assistant/rating commercial underwriting experience.
• Strong PC skills, with a focus on Word and Excel; strong oral and written communication skills.

Responsibilities

• Rate and issue ISO Property, Inland Marine, Crime, General Liability, and Automobile lines of business in current policy rating and issuance system following current TMM rules/filings and guidelines and underwriter’s instructions.
• Use the Commercial Lines Manual and other ISONet products to confirm and apply ISO rating rules & forms procedures.
• Rate and issue Workers Compensation Guaranteed Cost policies following current TMM rules/filings and guidelines and underwriter’s instructions.
• Use the applicable Bureau websites to confirm and apply regulatory rating rules & forms procedures.
• Use Corporate Underwriting Resource Portal and other TMM resources to select rate versions and apply TMM rules and filings.
• Perform basic loss analysis to determine eligibility and application of experience rating.
• Process reinsurance documentation including system entry.
• Pull Workers Compensation experience modification forms.
• Prepare policy for mailing and mail within required time frames.
• Process supporting documents including regulatory filings and postings; Automobile DMV filings.
• Complete all required TMM documentation such as RMS, MyTMM, Case Management, FICOH, OnBase and RapidSure entry.
• Update internal logs per Supervisor/Manager directions.
• Participate in internal audits.
• Ensure compliance with internal controls in job functions.
• Conform to authority statements provided by management.

Skills

Underwriting experience

Word

Excel

Communication skills

Education

College Degree

Job description

Tokio Marine has been conducting business in the U.S. market for over a century and we are licensed in all states, Puerto Rico and the District of Columbia, and write all major lines of Commercial Property and Casualty Insurance. We provide unique insurance and risk management tools from our experienced staff of account executives, underwriters and loss prevention engineers and fair and timely claim settlement from a skilled team of claim professionals. We work with major brokers and leading independent insurance agents throughout the United States to serve the world's largest and most distinguished organizations.

We are committed to creating value for our customers by providing ANSHIN (safety, security and peace of mind). We strive to be creative and passionate as we work towards our long-term success.

Tokio Marine Holdings is Japan's oldest, and one of the largest property and casualty insurers. Founded in 1879, TMNF operates worldwide in 47 countries. With annual revenues of approximately $50 billion and an A.M. Best rating of A++, one of the highest in the industry, we are one of the top 20 insurance providers worldwide.

Job Summary

Work with and assist the Underwriters, Technical Assistants and Assistant Managers in achieving production, time service,

quality and regulatory compliance goals.

Essential Job Functions

• Rate and issue ISO Property, Inland Marine, Crime, General Liability, and Automobile lines of business in current policy rating and issuance system following current TMM rules/filings and guidelines and underwriter’s instructions.
• Use the Commercial Lines Manual and other ISONet products to confirm and apply ISO rating rules & forms procedures.
• Rate and issue Workers Compensation Guaranteed Cost policies following current TMM rules/filings and guidelines and underwriter’s instructions.
• Use the applicable Bureau websites to confirm and apply regulatory rating rules & forms procedures.
• Use Corporate Underwriting Resource Portal (ex. specific Rating Tools) and other TMM related resources to select the applicable rate versions and apply TMM rules and filings.
• Perform basic loss analysis to determine eligibility and application of experience rating. Process non-renewals, cancellations, reinstatements, new business & renewals quotes, new business & renewals issuance, endorsements, and reporting forms per the instructions of the underwriters.
• Process reinsurance documentation including system entry to capture the transaction.
• Pull Workers Compensation experience modification forms.
• Prepare policy for mailing and mail within required time frames.
• Process supporting documents including but not limited to Workers Compensation filings (regulatory filings both electronic and manual) and posting notices; Automobile DMV filings, etc.
• Complete all required TMM documentation including but not limited to the following: RMS, MyTMM, , Case Management, FICOH, OnBase and RapidSure entry.
• Update any TMM internal logs per the direction of your Supervisor/Manager.
• Participate in any internal audits.
• Responsible for complying with proper internal controls as necessary to conduct job functions and/or carry out responsibilities and/or administrative activities at company.
• Conform to the specified authority statement provided by management.

Work Arrangement

This role currently follows a hybrid schedule requiring 2 days per week in the office, with the remaining days worked remotely. The work arrangement may be subject to change based on business needs.

Qualifications

• College Degree preferred.
• 2 years or more of technical assistant/rating commercial underwriting experience.
• Strong PC skills, with a focus on Word and Excel Strong oral and written communication skills.

Salary range $64,000 to $69,000. Ultimate salary offered will be based on factors such as applicant experience and geographic location. Our company offers a competitive benefits package and bonus eligibility on top of base.

We offer a comprehensive benefit package, which includes a generous 401K match. Our rich history of outstanding results and growth allow us to focus our business plan on continued growth, new products, people development and internal career opportunities.

EEO Statement

Tokio Marine Management is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, or sexual orientation.