Underwriting Assistant Liability
Job Summary
Job title: Underwriting Assistant
Reporting to: Head of Delegated Underwriting and Canadian Liability Professional Risks
Location: City of London
Position type: Permanent 35 hours per week
Hybrid: Minimum 4 days in the office Maximum 1 day working from home
Overview:
Why TMHCC
Standing still is not an option in the current world of Insurance. TMHCC are one of the worlds leading Speciality Insurers. With deep expertise in our chosen lines of business our unparalleled track record and a solid balance sheet Tokio Marine HCC evaluates and manages risk like no one else in the industry. Looking beyond profit empowering our people and delivering on our commitments are at the core of our values to be a Good Company and so is a desire to grow and provide creative and innovative solutions to our clients.
The role:
This role will provide full administrative support to the Canadian Liability Underwriting Team.
Key Responsibilities:
In supporting the underwriting teams efforts in maintaining a successful and profitable account you will be involved in the following tasks:
- Assisting with the processing and reporting of Canadian binding authorities
- Providing a service to and developing relationships with a panel of brokers
- Collating information to facilitate the monitoring of the performance of the portfolio
- Following the Liability teams administrative procedures and dealing with any issues
- Liaising with claims personnel and responding to requests for information
- Undertaking specific ad-hoc projects as and when required
- Administration of the renewal process including chasing up of outstanding renewals
- Liaising with administrative support staff and providing assistance where required
Skills and Experience Specification:
Essential
- A minimum of two years relevant Liability experience with an insurance company Lloyds syndicate broking firm MGA or coverholder.
- Good organisational skills and a proven ability to solve problems and meet deadlines
- Experience of working within a similar role (typically one/two years experience)
- Strong analytical skills to assist in the management and reporting of the portfolio
- Excellent communication skills (verbal and written) to support relationship building
- Minimum three A levels at Grade C or above (or equivalent)
- A high level of IT literacy
Desirable
- Experience of handling binding authority agreements
- Experience of Canadian business
- Knowledge of London Market/Lloyds placement/administrative processes
- Relevant insurance qualifications
Tokio Marine HCC is a leading specialty insurance group with offices in the United States the United Kingdom Europe and other locations. With the strength and stability that comes from being a member of the Tokio Marine Group and more than forty years of growth profitability and stability we offer important insurance products that most people do not even know exist.
The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit for more information about our companies.
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Required Experience:
Junior IC
About Company
Tokio Marine HCC - Surety Group is a leading provider of surety bonds that help businesses and individuals provide their customers with confidence and security.