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Event Cancellation Associate Underwriter in Wakefield, Massachusetts, US at Tokio Marine HCC

Date Posted: 6/28/2018

Job Snapshot

Job Description

Tokio Marine HCC – Specialty Group, a member of the Tokio Marine Group of Companies, has an opening for an Underwriting Associate in the Wakefield, MA office.

Under immediate supervision, reviews insurance applications to evaluate, classify, and rate each risk to determine acceptability, coverage, and pricing. Establishes, maintains, and develops agency and/or broker relationships. Position has defined underwriting authority and business development responsibility. Provides underwriting in single or multiple areas of liability, property, or special contingency coverage.

Key Responsibilities:

Relying on instructions and pre-established guidelines, the Associate Specialty Underwriter is responsible for accomplishing the following as guided by others. These assignments are routine in nature.

  • Evaluate new and renewal policy applications and related documents to classify and assess each risk, determine acceptability, assign rating, indicate endorsements and limits, and determine appropriate pricing.
  • Contact and respond to verbal and written inquiries from brokers within designated timeframe to provide appropriate information and serve as an underwriting resource.
  • Create and maintain all documentation (physical and electronic) including new and renewal bound files, underwriting worksheets, documentation of phone conversations, and other key documents according to departmental guidelines.
  • Adhere to all company underwriting authority directives, underwriting guidelines, and other applicable company policies and procedures.
  • Approve or deny within given authority or recommend approval or denial to higher authority.
  • 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 departmental staff with regards to underwriting procedures and other departmental guidelines.
  • Develop understanding of various factors that affect and influence policy rating and risk.

Job Requirements

Position Knowledge, Skills, and Requirements:


  • Bachelor's degree in Business Administration, Accounting, Finance, a related field, or the equivalent education and/or experience
  • May require state-specific insurance license depending on specialty area


  • Up to two years of relevant and progressive Underwriting experience in specialty or related area that includes a working knowledge of state laws


  • Possess and have ability to apply basic knowledge of principles, practices, and procedures
  • Good written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy
  • Good 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
  • Proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word)

If your experience matches these requirements, please apply WITH A COVER LETTER INCLUDING SALARY RANGE REQUIREMENTS.

The Tokio Marine HCC Group of Companies offer a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking an energetic and confident individuals to join our team of professionals. The Tokio Marine HCC Group of Companies are equal-opportunity employers.

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