Job SummaryUnderwriting leadership role that is responsible for management (leading, creating and managing) of the Global Business Unit.
Underwrite commercial casualty risks in accordance with Tokio Marine America's corporate goals and guidelines. Support new business production and existing client retention through coordination with Client Solutions as well as producer and customer visits.
Essential Job Functions- Review new casualty business, renewal, and endorsement requests. Gather data, analyze and evaluate all information provided. Obtain additional information as needed to determine acceptability based on underwriting guidelines and sound judgment.
- Manage all personnel within your underwriting unit which includes but is not limited to: interview and onboard new hires, recommend and budget for salary adjustments & promotions, onboard employees transferring into the department and manage employee performance issues within TMA's policies and procedures.
- Assess training needs of Underwriting staff and assist in implementing staff Development Plans.
- Cooperate with co-workers to foster a team atmosphere. Establish and monitor workflows to meet goals.
- Establish and maintain positive, professional relationships with producers. Utilize 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 Client Solutions, Loss Control, Claims, Accounting to meet client service goals and increase knowledge on accounts in the GBU Book.
- Follow TMA and Department of Insurance Guidelines to ensure the profitability and compliance of your book of business. Train other team members and participate in the self- audit process to ensure compliance.
- Lead and/or participate in the implementation of Strategic Initiatives (Company, Dept, Region or branch)
- Prepare and/or provide input into reports or special projects as designated.
- Responsible for complying with proper internal controls as necessary to conduct job functions and/or carry out responsibilities and/or administrative activities at Company.
- Perform ongoing analysis of business processes related to the productivity of the Underwriting unit.
- Collaborate and coordinate business process improvement strategies and revisions with all internal stakeholders that may be impacted by process changes. Obtain leadership support of proposed changes.
- Oversee and monitor all aspects related to the implementation stages of business process improvement initiatives and report results to leadership. Document, revise and update procedures and policies as needed.
Qualifications- College Degree or equivalent preferred.
- CPCU or equivalent Professional designation preferred
- Minimum of 10+ years underwriting casualty risks at a P&C insurance carrier.
- Management experience
- Proven track record with compliance related issues.
- Proficiency with personal computer and related software applications (MS Office, etc.)
- Ability to do quantitative analysis, including root cause analysis and retrospective calculations
- Excellent verbal and written communication skills
- Positive team participation and attributes preferred
Salary range $160,000 to $190,000. 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.
