Underwriter Trainee, Marine

Tokio Marine Management Inc.; Pasadena (CA); On-site; USD 65,000 - 75,000; Full time

Benefits offered by this job

Competitive benefits package

Bonus eligibility

Job summary

Tokio Marine Management Inc. offers a one-year formal underwriting training program. Trainees will work on case studies, interact with underwriting staff, and receive theory-based and on-the-job instruction in lines of business currently written by the Tokio Marine unit.

Supervisors will monitor progress to ensure consistent skill development. Participants will learn about inland marine and ocean marine coverages, perform routine underwriting tasks under supervision, and communicate regularly

Qualifications

• College degree preferred.
• Excellent oral and written communication; strong interpersonal skills.
• Proficient in Microsoft Office products.
• Demonstrates a strong work ethic and initiative to learn.
• Willingness to grow knowledge in Insurance underwriting.

Responsibilities

• Complete underwriting training assignments in accordance with the one-year schedule.
• Interact with underwriters and managers during real underwriting transactions.
• Learn coverages including inland marine and ocean marine.
• Assist underwriters in routine underwriting tasks under close supervision.
• Communicate extensively with agents and brokers via phone, letter, and email.

Skills

Oral and written communication

Interpersonal skills

Microsoft Office

Strong work ethic

Initiative to learn Insurance

Education

College Degree preferred

Tools

Microsoft Office

Job 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

Participate in a one-year formal underwriting training program. Training will consist of formal case study assignments in applicable lines of business currently written by TMA Marine Unit, job interaction with underwriting staff as well as formal Insurance training (both internal and external). Training will be directly supervised and monitored by a Team Leader or Underwriting Manager A Training Program Schedule and Curriculum will be followed to ensure consistency in skill set development.

Essential Job Functions

• Complete underwriting training assignments in accordance with the one-year time schedule provided.
• Training will be divided between case study (reading and testing) assignments and direct interaction with underwriters and managers during real life underwriting transactions.
• Training will include the following coverages: inland marine and ocean marine.
• Assist underwriters in performing routine underwriting tasks within a closely supervised setting.
• This will include extensive communication with agents and brokers over the phone, in writing, and through email.
• 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
• Good oral and written communication; and strong interpersonal skills
• Excellent knowledge of Microsoft Products and computer skills
• Strong work ethic and initiative displayed on the job
• Strong initiative to learn and expand current Insurance knowledge and skills set

Salary

Salary range $65,000 to $75,000. 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

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.

TMA believes the perfect candidate is more than just a resume.

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. Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) 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, sexual orientation and/or any other status protected by law.