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Tokio Marine HCC

Senior Vice President, HPL Underwriting

Tokio Marine HCC, Chicago, Illinois, United States, 60290

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1 week ago Be among the first 25 applicants SVP, HPL Underwriter

Do not wait to apply after reading this description a high application volume is expected for this opportunity.

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.

Position Summary

We are looking for a leader with strong technical healthcare professional liability underwriting skills to help build out the guidelines, policies and procedures for A newly formed team.

The Ideal Candidate Will Have

experience underwriting excess healthcare professional liability on an insurance and reinsurance basis. a strong understanding of actuarial rating models and various rating approaches for excess healthcare professional liability. A deep knowledge of healthcare professional liability excess policy wording and reinsurance agreements. Experience in drafting and executing underwriting guidelines.

Key Responsibilities

Collaborate in the development of underwriting tools, guidelines, policies and procedures for the following areas:

Underwriting appetite Referral criteria Underlying coverage analysis Pricing

Manage underwriting referrals Aid in the development of forms and endorsements for both insurance and reinsurance policies. Cultivate relationships with internal and external contacts to facilitate the underwriting process, promote business development, and to remain abreast of industry trends. Serve as a resource to other staff with regards to underwriting tools, guidelines, policies and procedures. As required, work with Underwriters in the analysis of large, complex healthcare risks to determine the appropriate structure, terms and conditions required to profitably write the account.

Competencies

People Management

While this position will not initially require direct management of staff, it will require some management of the underwriting referral process.

Experience

Position Knowledge, Skills, and Requirements

7-10 Years Relevant underwriting or broking experience in HPL or related fields with experience in large account underwriting, loss rating and form analysis.

Education

Minimum 4 Year / Bachelor’s Degree

Certification, Licenses and Designations

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

Other

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

Working Conditions and Physical Demands

Travel Requirements

25% - 50% of time Driver’s License Required Passport not required

Disclaimer

Note

This document is intended to describe the general nature and level of work being performed, and is not to be construed as an exhaustive list of all responsibilities, duties and skills required for the job.

TMHCC will consider all requests for reasonable accommodation as outlined in the Employee Handbook. Management may, at its discretion, assign or reassign duties and responsibilities to this job at any time.Seniority level

Seniority levelExecutive Employment type

Employment typeFull-time Job function

Job functionFinance and Sales IndustriesInsurance Referrals increase your chances of interviewing at Tokio Marine HCC by 2x Get notified about new Vice President of Underwriting jobs in

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