Underwriter Trainee

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 to write all lines in 50 states, Puerto Rico and the District of Columbia. 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 38 countries. With annual revenues of approximately $18 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. 

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Duties

Job Summary

This person is responsible for providing support to Underwriting team members, learning and applying sound underwriting decisions to derive a profit while maintaining a strong positive relationship with the producers they are assigned.  All of this to be done within the guidelines and culture of TMA.

 Job Duties

• Learn TMA process and procedures as well developing underwriting knowledge and skills through training with current staff and other tools.  Support Underwriters by processing assigned work that supports their accounts and producers. Cooperate with co-workers to foster a teaming atmosphere.  Work with established work-flows to meet Western Region time service goals.

• Learn to review new business, renewal, and endorsement requests.  Analyze all information provided.  Obtain additional information as needed to determine acceptability based on underwriting guidelines and sound judgment. Establish and maintain positive, professional relationships with producers. 

• Learn effective sales and negotiation skills to obtain and retain accounts on the most profitable terms available to TMA. Work closely with other internal departments such as loss control, claims, coordination, premium audit, and accounting to meet client service goals and increase knowledge on your accounts.

• Learn TMA and Department of Insurance Guidelines to ensure the profitability and legality of the business you support.  Prepare production reports and special projects as assigned by management. Make use of current TMA technology to process your work.  Update skills as necessary, including but not limited to the PDCL, SalesForce, OnBase, and Word and Excel programs.

• 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- Minimum of 1 year of insurance experience or equivalent.
Computer literate (MS Windows environment preferred)
Strong oral and written communication skills.

EEO Statement

Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) 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,  sexual orientation and/or any other status protected by law.