Tmhcc
Underwriting Assistant
Company
Tmhcc
Role
Underwriting Assistant
Location
United States of America
Job type
Full time
Posted
Yesterday
Salary
Job description
Job Title: Underwriting Assistant
Location: Manhattan, NY
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
The pay range for this position is $40,300 - $88,800, which includes geographic adjustments, where applicable. The pay range is the range THMCC, in good faith, believes is the range of compensation for this role at the time of this posting. The hired applicant will be offered pay within the entire range based on the candidate’s geographic location, qualifications, work experience, education, and/or skill level. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of color, race, sex, national origin, sexual orientation, religion, age, veteran status, disability, pregnancy, citizenship status, genetic information, or any other basis protected by federal, state, or local pay equity laws.
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.
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