Senior Underwriter, Cyber

Tokio Marine HCC

$87K — $176K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4-year Bachelor's degree in Business Administration, Accounting, Finance, or related field, or equivalent experience.
  • Pursuing a certification such as RPLU, CPCU, or CIC relevant to the area of underwriting.
  • Strong math and analytical skills essential for evaluating risks.
  • Excellent interpersonal and communication skills for client interactions.
  • Ability to manage multiple tasks in a team-oriented, deadline-driven environment.

Responsibilities

  • Assist in achieving departmental goals for profitability and growth.
  • Evaluate risk acceptability within underwriting guidelines.
  • Communicate decisions clearly to producers and handle inquiries effectively.
  • Build and maintain relationships with clients and vendors.
  • Respond to submissions within established timeframes.
  • Adhere to company policies and act within authority limits.
  • Provide guidance to Underwriting Assistants as needed.
  • Engage in ongoing professional education related to underwriting.

Benefits

  • Opportunities for professional development and certification courses.
  • Dynamic work environment fostering team collaboration.
  • Exposure to a variety of tasks and client interactions.
  • Supportive management that promotes continuous learning and improvement.
  • Potential for special assignments to enhance career growth.
Full Job Description
Job Summary

Under general supervision, performs underwriting analyses.

Key Responsibilities

Relying on experience and judgment, this role is responsible for accomplishing the following assignments. These assignments are varied in nature.
  • Assist in meeting annual department goals for profitability, renewal retention, new business growth and rate increase.
  • Evaluate risks for acceptability within established underwriting guidelines.
  • Clearly and effectively communicate decisions with producers and effectively respond to any ensuing inquiries.
  • Build and maintain productive relationships with clients, producers, co-workers and any outside vendors.
  • Respond to submissions and servicing items within agreed upon company time frames.
  • Act within scope of authority and consistent with company and corporate objectives, guidelines, policies and practices.
  • Ensure that effective communications are maintained within area of responsibility.
  • Communicate and provide instruction and information to Administrative Supervisor and/or Underwriting Assistants, as required, for issuing policies and endorsements.
  • Pursue educational classes such as Chartered Property & Casualty Underwriter (CPCU) and/or Registered Professional Liability Underwriter (RPLU), as agreed upon with management.
  • Additional duties and special assignments, as requested by manager.


Competencies

Planning
• Develop work plans, establish timelines, and set goals for assigned work.
• Meet commitments on deadlines.

Communication
• Review activities, results, and recommendations with management and clients as appropriate.

Cost Management
• Drive improvement in existing business processes.
• Perform work thoroughly in a cost-efficient manner and at a high productivity level.

Business Controls and Policies
• Comply with all corporate policies and procedures.
• Report any breakdown in controls to management.
• Conduct all activities in a safe manner.

People Management
• No people management responsibility but may provide guidance to less experienced employees

Education Min/Preferred Education
4 Year / Bachelors Degree Business Administration, Accounting, Finance, a related field, or the equivalent education and/or experience

Certifications, Licenses, and Designations
Required: Studies toward attaining a Registered Professional Liability Underwriter (RPLU), Chartered Property Casualty Underwriter (CPCU), Associate in Commercial Underwriting (AU), Certified Insurance Counselor (CIC) or equivalent insurance designation depending on specialty area
Preferred: state-specific insurance license depending on specialty area

Other
  • Result- and profit-oriented with the ability to balance other business considerations
  • Knowledge of forms, procedures and insurance terminology
  • Strong math skills
  • Excellent interpersonal skills
  • Team- and deadline-oriented environment
  • Strong analytical, strong reasoning abilities and strong negotiation abilities
  • Ability to read, analyze and interpret general business periodicals, professional journals, technical procedures and/or government insurance regulations
  • Possess and have ability to apply broad knowledge of principles, practices, and procedures
  • Excellent written and verbal communications skills with an emphasis on confidentiality, tact, and diplomacy
  • Exceptional organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously
  • Knowledgeable of industry changes, legal updates, and technical developments related to applicable area of the Company's business to proactively respond to changing business environment
  • Intermediate proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word)


The pay range for this position is $87,100-$176,000 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.

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