This site uses cookies. To find out more, see our Cookies Policy

Property Lines Underwriter in Auburn Hills, MI at Tokio Marine HCC

Date Posted: 2/5/2018

Job Snapshot

Job Description

Tokio Marine HCC – a member of the Tokio Marine HCC group of companies, has an exciting opportunity for a Property Lines Underwriter in Auburn Hills, MI.

Position Summary:

Under 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. Incumbents in this position provide underwriting in single or multiple areas of liability, property, or special contingency coverage.

Key Responsibilities:

Relying on limited experience and knowledge, the Property Lines Underwriter is responsible for accomplishing the following assignments. These assignments are varied 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.

Planning
• Follow work plans, established timelines, and pre-defined goals for assigned work.
• Meet commitments on deadlines.

Communication
• Communicate activities, results, and observations with employees and management as appropriate.

Cost Management
• Identify areas for improvement in existing business practices.
• 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 breakdowns in controls to management.
• Conduct all activities in a safe manner.


People Management
• No people management responsibility

Job Requirements

Position Knowledge, Skills, and Requirements:

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

Experience
• Minimum of two years of relevant and progressive underwriting experience in specialty or related area that includes a strong working knowledge of state laws

Other
• Possess and have ability to apply knowledge of principles, practices, and procedures
• Solid written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy
• Advanced 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)

CHECK OUT OUR SIMILAR JOBS

  1. Underwriter Jobs
  2. Commercial Underwriter Jobs