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Job Title: Senior Underwriter
Reporting to: Head of London Market, Crisis Management
Direct Reports: N/A
Position Type: Permanent, 35 hours per week
Hybrid: 4 days in the office, 1 day working from home
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
This is a great opportunity to join the Crisis Management division. You will oversee the Underwriting and maintenance of our insurance policies and, be part of a successful team dedicated to growing a profitable book of Product Recall business.
Key Responsibilities
- Evaluate, review and price more complex and higher value global product recall risks, with a focus on generating underwriting profit.
- To provide technical expertise throughout the underwriting process.
- Have a deep understanding of Product Recall insurance products and policies, including Food & Beverage, Automotive Component Parts, Consumer Products, Pharmaceuticals and Medical Devices.
- To enhance and maintain strong relationships with brokers, agents and clients.
- To assist in the development and growth of a profitable Product Recall portfolio.
- To motivate, challenge and assist junior team members in their personal and professional development.
Performance Objectives
- To be considered a Senior Underwriter, you must bring a high level of expertise and judgement to the underwriting function. Our expectations would be that any candidate would:
- Provide clear, precise evaluation and pricing of risk in accordance with company guidelines and risk appetite.
- Foster strong, productive relationships with brokers and intermediaries.
- Support any new strategic initiatives such as product launches
Essential
Skills and Experience Specification:
- Ideally a minimum of 8+ years’ underwriting experience within Product Recall.
- Bachelors degree or similar professional qualification
- Excellent negotiation skills and the ability to influence
- Experience in handling large and complex risks
- Strong broker network with proven experience in building strong business relationships.
- Willingness to support the development of junior underwriters
Desirable
- Knowledge of Reinsurance structures and treaty arrangements
- Familiarity with regulatory requirements and frameworks
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.
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