HPR Manager, Global Business Underwriting

Job Description

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.

Job Summary:

Will perform the duties consistent with a leadership role of teams who handle a specific book of business within the Department. Underwrites accounts as assigned (Evaluate and price commercial property risks. Determine acceptability and recommend underwriting action consistent with corporate/departmental goals and objectives. Evaluate overall accumulation as it relates to individual risks in severe CAT prone areas.) Delegates, organizes, monitors and controls the underwriting duties within the unit. Assigns work assignments based upon staff members’ individual technical expertise consistent with established corporate/departmental goals and objectives. Assists AVP and VP Underwriting as requested.

Essential Job Functions:

• Establishes work assignments and in conjunction with AVP and VP Underwriting, levels of underwriting authority for each staff member and revises the  assignments, as needed.

• Underwrites and binds various coverages based upon level of underwriting authority. Performs exposure analysis, determines and recommends underwriting actions determines the appropriate pricing levels and identify appropriate underwriting alternatives.

• Takes appropriate underwriting action within the scope of delegated authority. Transactions that exceed authority are referred using established format and procedures with applicable underwriting recommendations.

• Responsible for account ownership by controlling new account submissions, renewals and all related transactions in terms of underwriting, loss control, audit, loss experience, file documentation and maintenance, and overall processing status.

• Prepares all transactions including referrals, quotations, renewals, reinsurance placements, filings, account advisories etc. both accurately and timely in accordance with established guidelines, schedules and procedures.

• Understands, complies and maintains current knowledge of underwriting guidelines, procedures, goals and objectives.

• Completes all file documentation, and rating schedules in compliance with all internal underwriting and state regulatory requirements.

• Coordinates account activities between various other departments, underwriters, account executive officers and producers within the scope of account ownership and authority. Provides clear, concise requests and instructions on all account transaction matters to other departments and unit members as applicable.

• Reviews previously performed work for transaction accuracy and quality. Assists with the training and development of New York and Pasadena HPR team members.

• Provide technical expertise, training and guidance to HPR Underwriting teams in New York and Pasadena Unit staff members.

• Monitor and control work processing/renewal profiles within Unit based upon departmental processing objectives and schedules.

• Monitor compliance with company objectives, and all applicable laws and regulations through Self-Audits and daily monitoring of the underwriters’ work product.

• Works closely with AEO’s, Loss Control, Premium Audit, Actuarial, Accounting and Corporate Underwriting to effective overseeing service of the Unit’s book of business.

• Maintain effective communication and rapport with Branch Managers, Client Solutions, Producers and Clients.

• Support HPR team members performing periodic quality control checks to ensure compliance with regulatory insurance department requirement.

• Provides to the Underwriting VP with performance appraisal and salary administration based up on corporate guidelines.

• Responsible for complying with proper internal controls as necessary to conduct job functions and/or carry out responsibilities and/or administrative activities at Company.

• Develops market intelligence on an ongoing basis.

• Regular and reliable attendance.

• Ability to interface with members of team on a daily basis.

• Interacts extensively with AEO’s, producers, and potential clients to originate new business opportunities.

• 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 preferred or equivalent.

• 10 years or more of HPR  underwriting experience.

• Active CPCU preferred.

• Recent Two or more years in a lead and or supervisory position.

• Strong oral and written communication skills.

• Strong PC skills.

Salary range of $200k - $215k. Ultimate salary offered will be based on factors such as applicant experience and geographic location. Our company offers a competitive benefits package and bonus eligibility on top of base.

TMA believes the perfect candidate is more than just a resume. If you don't meet every single requirement, but are still interested in the job, we encourage you to apply.

Benefits:

We offer a comprehensive benefit package, which includes a generous 401K match. Our rich history of outstanding results and growth allow us to focus our business plan on continued growth, new products, people development and internal career opportunities.  

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.