Engineering Underwriting Assistant - Treaty Reinsurance

London, England, United Kingdom

11/26/2024

Job Title: Underwriting Assistant - Engineering

Location: Fenchurch street, City of London

Position Type: Permanent, 35 hours per week

Office based role, 5 days per week

Overview

Why Tokio Marine HCC?

Standing still is not an option in the current world of Insurance. TMHCC are one of the world’s leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients.

Job Purpose

The main purpose of this role is to provide general administrative and basic underwriting support to the Engineering Treaty/Direct & Facultative and Technical Risks Reinsurance underwriting teams.

You will become an essential part of the day to day running of a successful and expanding team, learning all aspects of insurance and reinsurance.

The successful candidate will be an analytically minded individual who aims to become a well-rounded Underwriter.

Key Responsibilities

• Provide general administrative support to the underwriters, including but not limited to:
• Setting up submissions and liaising with Exposure Management Team as required
• Setting up and managing programme references
• Setting up and inputting basic data on various underwriting tools
• Running renewal reports
• Scanning and organisation of underwriting files
• Slip check/contract certainty
• Preparing and maintaining risk bordereaux, profiles and associated data
• Help to prepare retro submissions and data
• Policy / Aggregate Input Checking
• Liaising with Bridgend Office
• Keeping business flow and processes organised
• Carrying out initial underwriting analysis as directed
• Prepare ad-hoc reports / presentations
• Assist with ad hoc underwriting projects and tasks
• Assist in preparation of travel packs
  
  

Performance Objectives

• Able to demonstrate that you can follow underwriting guidelines
• Confidently use underwriting systems with minimal supervision
• Able to prioritise own workload
• Build a good relationship with the wider team
  
  

Essential

Skills and Experience Specification:

• High level of mathematical skills
• Engineering degree or similar qualification
• Computer literate & proficient in all Microsoft Office applications, especially excel
• Good organisational skills
• Ability to work under pressure and long hours if required and with minimal supervision
• Pro-active, can-do problem-solving attitude
• Team player
  
  

Desirable

• Willingness to study towards ACII qualification
• Additional language skills not essential but preferred
  
  

What We Offer

The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals. The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies.

The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies.