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Underwriter Trainee- Marine

Job ID: 1007786
Date Posted: Jul 25, 2022
Department ID: TM0928 UW -Ocean Marine Unit
Company: Tokio Marine Management Inc.

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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.

 

Duties

Job Summary:

Participate in a one-year formal underwriting training program.  Training will consist of formal case study assignments in applicable lines of business currently written by TMA Marine Unit, job interaction with underwriting staff as well as formal Insurance training (both internal and external). Training will be directly supervised and monitored by a Team Leader or Underwriting Manager A Training Program Schedule and Curriculum will be followed to ensure consistency in skill set development.

Essential Job Functions:

  • Complete underwriting training assignments in accordance with the one-year time schedule provided. 
  • Training will be divided between case study (reading and testing) assignments and direct interaction with underwriters and managers during real life underwriting transactions.

Training will include the following coverages: 

  • Inland marine and ocean marine. 
  • Assist underwriters in performing routine underwriting tasks within a closely supervised setting. 
  • This will include extensive communication with agents and brokers over the phone, in writing, and through email. 
  • Responsible for complying with proper internal controls as necessary to conduct job functions and/or carry out responsibilities and/or administrative activities at Company

Qualifications

  • College Degree. Good oral and written communication and strong interpersonal skills.
  • Excellent knowledge of Microsoft Products and computer skills
  • Strong work ethic and initiative displayed on the job. 
  • Strong initiative to learn and expand current Insurance knowledge and skills set

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.

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