Underwriting Analyst I

Tokio Marine America; Plano (TX); On-site; USD 65,000 - 80,000; Full time

Job summary

A leading company in the insurance sector is seeking an Underwriting Analyst to assist with underwriting processes, managing new and renewal accounts. The role involves extensive communication with brokers and performing detailed analyses to support pricing and policy issuance. Ideal candidates will have 1-3 years of relevant experience, strong analytical skills, and good communication abilities. This full-time position offers a competitive salary and benefits package.

Benefits

Generous 401K match

Competitive benefits package

Bonus eligibility

Qualifications

• Experience with larger customers preferred.
• Good communication skills required.
• Ability to innovate and apply new ideas.

Responsibilities

• Assist underwriters with pricing and servicing accounts.
• Perform analysis and review of complex submissions.
• Communicate with brokers to gather necessary information.

Skills

Communication

Analytical Skills

Innovative Thinking

Education

1 to 3 years of casualty underwriting or underwriting assistance experience

Tools

Microsoft Office

Job description

Direct message the job poster from Tokio Marine America

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

Responsible for assisting underwriters on the underwriting, pricing, issuance and servicing of new and renewal package and casualty business, and processing those accounts, including booking and issuing policies.

Essential Job Functions:

• Perform analysis and review of information in connection with complex new and renewal submissions. Communicate with brokers to obtain information needed for rating, pricing and servicing Risk Management Accounts.
• Analyzes, evaluates and reviews detailed loss information. Evaluates and identifies proper codes including class codes, sic codes.
• Conduct and assist the process of rating, booking, filing, endorsement preparation, and reinsurance entry and policy issuance instructions to Technical Assistant staff.
• Use multiple systems to conduct daily tasks, organize and prepare for the renewal process.
• Support and assist to identify forms and endorsements used in policy construction. Assist all file documentation standards including schedule credit/debits, a rates, deregulation, NY Free Trade zone, Rule 34, Rule 15 in a timely and accurately manner and complies with department of insurance requirements.
• Assist with conditional notices, endorsement information, state filings and cancellation and non-renewal notices Assists on premium accounting problems or issues.
• Provides loss runs to broker as requested.
• Assist in review of insurance and reinsurance certificates and final audits.
• Effectively communicate with internal and external personnel.
• Handle multiple projects on time sensitive deadlines in a high volume environment.
• Maintains and improve a level of customer service.
• Develop a high degree of trust through demonstrated personal integrity, compliance with internal controls and a commitment to excellence.

Qualifications

• 1 to 3 years of casualty underwriting or underwriting assistance experience with larger sized customers. Previous underwriting assistance experience or insurance industry experience preferred.
• Good oral and written communication skills.
• Ability to innovate and apply new ideas.
• Familiarity with Microsoft Office programs.

Salary range of $65k - 80k. 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.

TMA believes the perfect candidate is more than just a resume. If you don't meet every single requirement, but are still interested in the job, we encourage you to apply.

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.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Other

• Industries

  Insurance

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