Wakefield, Massachusetts, USA
38 days ago
Senior Excess Casualty Underwriter

Senior/Lead Excess Casualty Underwriter

Tokio Marine HCC (TMHCC) is a leading specialty insurance group with offices in the United States, the United Kingdom, Spain and Ireland, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance. TMHCC products and capabilities set the standard for the industry, and many of the Company’s almost 4,000 employees are industry-leading experts.

TMHCC’s major domestic insurance companies have financial strength ratings of ‘A++’ (Superior) from AM Best and ‘A+’ (Strong) from S&P. We are looking for an experienced Excess Casualty underwriter to be part of a newly created team at Tokio Marine with the responsibility to develop, manage and maintain a profitable portfolio of predominantly risk management accounts. The candidate will be part of a of collaborative risk-taking unit, where each member will be encouraged to offer their own opinions and perspectives to assist in building out a robust casualty organization. Regular engagement with claims, actuarial and other resources ensure a strong feedback loop between all units, enhancing specialization and proactive adjustments to emerging risks. 

What you can expect in the role:

You will need to build exceptional relationships with an assigned group of retail brokers to establish a flow of profitable opportunities within appetite. 

You will leverage skills in contract review, policy construction, risk evaluation and pricing to build a diverse portfolio of risk management accounts within underwriting guidelines.

Meet individual goals for profitability, portfolio quality and performance KPIs.  

Evaluate risk acceptability within established guidelines, and risk quality within each target class, using risk insights, peer discussions and model outputs.  

Articulate your personal underwriting position and pricing thought process internally as well as externally to retail brokers and clients.

You will solicit new and renewal account opportunities, within assigned retail brokers through strong, mutually beneficial relationships.

Provide consistent visibility, quick decision making and efficient service.

Negotiate policy terms, pricing, and optimal placement of capacity with an excess tower. 

Document underwriting thought process for each key area of exposure within target classes.

You will attend designated industry events and remain a student of the business through industry articles, competitor results and emerging risk evaluation.   

Education and Experience

Minimum 4 Year / Bachelor’s Degree Business Administration, Accounting, Finance, a related field, or the equivalent education and/or experience

7 Years relevant and progressive professional experience

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 Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals. The Tokio Marine HCC Group of Companies is an equal-opportunity employer. Please visit www.tmhcc.com for more information about our companies.

 
 

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