Underwriter II, GBU

First Insurance Company Of Hawaii; Plano (TX); On-site; USD 85,000 - 90,000; Full time

Benefits offered by this job

Competitive benefits package

Bonus eligibility

Job summary

Tokio Marine Management in Plano, TX is seeking an experienced underwriter to evaluate and price risk management multi-line accounts within designated authority. You will determine acceptability and recommend underwriting actions while continually developing complex risk evaluation skills.

The role emphasizes adherence to underwriting guidelines, effective communication with producers and other departments, and ongoing market intelligence to meet service standards.

Qualifications

• College degree preferred, or equivalent work experience.
• At least 1 year GBU or 2 years small commercial underwriting experience.
• Strong oral and written communication skills.
• Ability to work independently and as part of a team.
• Working knowledge of MS Office suite including Excel, Word and PowerPoint.
• Familiarity with TMA internal systems is preferred.

Responsibilities

• Understands, complies and maintains current knowledge of underwriting guidelines, procedures, goals and objectives.
• Analyzes and evaluates exposures, determines and recommends underwriting actions and pricing levels.
• Takes underwriting action within delegated authority; referrals for actions exceeding authority.
• Responsible for underwriting transactions including file documentation, regulatory compliance, proposal/binder issuance and Loss Control surveys.
• Prepares all transactions including referrals, quotations, renewals, reinsurance placements, filings and advisories.
• Completes all file documentation and rating schedules in compliance with internal requirements.
• Coordinates account activities between departments, underwriters, account executives and producers.
• Maintains communication with Client Solutions, insureds, producers and unit staff.
• Provides clear requests and instructions on account transactions to other departments.
• Stays current with market intelligence.
• Prioritize work to meet producer deadlines and service standards.
• Develops and manages relationships with producers handling risk management accounts.
• Register for in-house and industry seminars and webinars relevant to Commercial Insurance.
• Comply with internal controls as necessary to perform job functions.

Skills

Strong oral and written communication

Independent worker

Team player

MS Office proficiency

Education

College degree preferred or equivalent

Tools

MS Excel

MS Word

PowerPoint

Job description

Description

Marketing Statement

About Tokio Marine:

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

Evaluate and price Risk Management Multi Line accounts within designated authority. Determine acceptability and recommend

underwriting action consistent with corporate/departmental goals and objectives. Continue to develop critical risk evaluation

skills through gradually increasing the complexity of accounts handled.

Essential Job Functions

• Understands, complies and maintains current knowledge of underwriting guidelines, procedures, goals and objectives.
• Analyzes and evaluates exposures, determines and recommends underwriting actions determines the appropriate pricing levels and identify appropriate underwriting alternatives.
• Takes appropriate underwriting action within the scope of delegated
• authority. Transactions that exceed authority are referred using established format and procedures with applicable underwriting recommendations.
• Responsible for transactions related to Underwriting including file documentation and regulatory compliance, proposal/binder issuance and ordering Loss Control surveys.
• Prepares all transactions including referrals, quotations, renewals, reinsurance placements, filings, account advisories etc., both accurately and timely in accordance with established guidelines, schedules and procedures.
• Completes all file documentation, and rating schedules in compliance with all internal underwriting and state regulatory requirements.
• Coordinates, with assistance as needed, account activities between various other departments, underwriters, account executive officers and producers within the scope of account ownership and authority.
• Maintains effective communication and rapport with Client Solutions, insureds (as applicable), producers, other departments, and unit staff members.
• Provides clear, concise requests and instructions on all account transaction matters to other departments and unit members as applicable.
• Stays current with market intelligence on an ongoing basis.
• Prioritize work to meet producer deadlines and established company time service standards.
• Takes ownership of maintaining and improving a high level of customer service.
• Independently develops and manages relationships with the producers who handle risk management accounts.
• Register for In-House and Industry Sponsored Seminars and Webinars relevant to Commercial Insurance.
• Responsible for complying with proper internal controls as necessary to conduct job functions and/or carry out responsibilities and/or administrative activities at Company.

Qualifications

• College degree preferred, or equivalent work experience.

• At least 1 year GBU or 2 years small commercial underwriting

• experience.

• Strong oral and written communication skills.

• Ability to work independently and as part of a team.

• Working knowledge of MS Office suite software, including Excel, MS Word and Power Point.

• Familiarity with TMA internal systems is preferred.

Salary range$85,000 to $90,000. 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.

Benefits:

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.