Underwriting Analyst I, GBU

Tokio Marine Management Inc.; Plano (TX); On-site; USD 55,000 - 65,000; Full time

Benefits offered by this job

401K match

Job summary

Tokio Marine Management in Plano, TX seeks an underwriting assistant to support underwriters in underwriting, pricing, issuance and servicing of new and renewal package and casualty business, including booking and issuing policies.

The role involves analyzing submissions, coordinating with brokers, reviewing loss data and assisting with rating, endorsements and policy issuance while managing multiple projects under tight deadlines and ensuring compliance with regulations.

Qualifications

• College degree preferred.
• 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.

Responsibilities

• Assist underwriters with underwriting, pricing, issuance and servicing of new and renewal package and casualty business.
• Communicate with brokers to obtain information needed for rating, pricing and servicing.
• Analyze, evaluate and review detailed loss information.
• Assist rating, booking, endorsements and policy issuance instructions to staff.
• Use multiple systems to support daily tasks and renewal preparation.
• Ensure compliance with department of insurance requirements and documentation standards.
• Handle multiple projects on time-sensitive deadlines in a high-volume environment.

Skills

Communication skills

Innovative thinking

Microsoft Office

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

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.
• Pulls experience modification data.
• 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

• College degree preferred
• 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

Salary range $55,000 to $65,000. 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. 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.