Underwriting Assistant at Tokio Marine HCC

Wakefield, Massachusetts, United States -

Full Time

Start Date

Immediate

Expiry Date

21 Jun, 26

Salary

0.0

Posted On

23 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Data Collection, Risk Analysis, Policy Processing, Quote Issuance, Diary Management, Suspense File Maintenance, Communication, Organization, Analytical Skills, Microsoft Excel, Microsoft Access, Microsoft PowerPoint, Microsoft Word, Confidentiality, Tact, Diplomacy

Industry

Insurance

Description

Job Title: Underwriting Assistant Location: Manhattan, NY; Plano, TX; Boston, MA Reports To: Vice President, Operations Employment Type: Full time About Us Help us insure it. Tokio Marine HCC is a leading global specialty insurance group, backed by the strength and stability of the Tokio Marine Group. With more than 50 years of sustained growth and profitability, and offices across the United States, the United Kingdom, Europe, and other international locations, we offer more than 100 classes of specialty insurance—covering everything from the crops that feed us and the concerts that entertain us to rescuing travelers abroad. Guided by our Mind Over Risk philosophy, we empower clients to pursue opportunities with confidence while fostering a culture rooted in innovation, collaboration, and trust. Always Advancing, we embrace an entrepreneurial spirit; as Experts in Tomorrow, we anticipate what’s next; and by Reaching Out, we build genuine connections that enable our people and our business to thrive. Job Summary Under supervision, performs various clerical tasks to assist in the processing and renewal of specialty insurance policies and contracts for the Underwriting department. Key Responsibilities Relying on limited experience and knowledge, this role is responsible for accomplishing the following assignments. These assignments are varied in nature and frequently non-routine. Assist Underwriters daily in quoting and servicing accounts in an accurate and timely manner, within level of expertise, utilizing manuals, company policies, reference material, etc., as needed. Provide additional data requested by Underwriting to facilitate pricing, along with premium and loss information for risk analysis and experience rating, where required from the appropriate sources (agent, production representative) as directed. Issue various certificates, as required, in a timely manner. Maintain diary and suspense file to ensure that all Underwriters’ requests are answered within specified periods of time. Liaise between Underwriters and Agents by email or phone to obtain or confirm information to ensure accurate quote. Assist in evaluation of renewals by collecting updated application information, updated loss and premium data checking exposures, values and rates, etc. as directed by Underwriting. Prepare expirations and forwards to Underwriting accordingly. Maintain declined and dead quote files, as directed. Review new setups and binders, checks for accuracy. Assist Underwriter in preparation of reports and logs, as required. File and email quotes, agent correspondence, etc. Liaise between Processing and Underwriter. Position Knowledge, Skills, and Requirements Education Minimum - High School or GED Preferred - 4 Year / Bachelor's Degree Experience 2 Years Relevant and progressive experience in Underwriting Other Ability to read and interpret documents such as plan of benefits, bid specifications, claim reports, and procedural manuals Possess and have ability to apply basic knowledge of principles, practices, and procedures Good written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy Good organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously Intermediate proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word) Working Conditions and Physical Demands Additional Working Conditions and Physical Demands Overtime hours may be required to fulfill job responsibilities May be required to remain stationary for extended periods of time May be required to move up to 10 pounds Must be able to operate a computer and other devices Close vision and ability to adjust focus, such as required to read a computer screen Disclaimer Note This document is intended to describe the general nature and level of work being performed, and is not to be construed as an exhaustive list of all responsibilities, duties and skills required for the job. TMHCC will consider all requests for reasonable accommodation as outlined in the Employee Handbook. Management may, at its discretion, assign or reassign duties and responsibilities to this job at any time. Your success is our priority. In a world that is rapidly changing, TMHCC enables you to take on opportunities with confidence. At Tokio Marine HCC, we pride ourselves on hiring the smartest, most conscientious people, who want to make a difference no matter their background. And then we give them the support and trust they need. We’re always looking for curious, creative transformative thinkers who want to change the status quo and have a passion for doing the right thing. If this is you, then we want you on our team.

Responsibilities

This role assists Underwriters daily in quoting and servicing specialty insurance accounts accurately and timely, utilizing manuals and company policies. Responsibilities also include issuing various certificates, maintaining diary and suspense files, and liaising between Underwriters and Agents to confirm necessary information.