Job Title:
Manager, Global Business Underwriting-Hybrid

Company: Tokio Marine America

Location: jersey city, NJ

Created: 2024-04-21

Job Type: Full Time

Job Description:

About Tokio Marine:Tokio Marine has been conducting business in the U.S. market for over a century and we are licensed in all states, Puerto Rico and the District of Columbia, and write all major lines of Commercial Property and Casualty Insurance. We provide unique insurance and risk management tools from our experienced staff of account executives, underwriters and loss prevention engineers and fair and timely claim settlement from a skilled team of claim professionals. We work with major brokers and leading independent insurance agents throughout the United States to serve the world's largest and most distinguished organizations.We are committed to creating value for our customers by providing ANSHIN (safety, security and peace of mind). We strive to be creative and passionate as we work towards our long-term success.Tokio Marine Holdings is Japan's oldest, and one of the largest property and casualty insurers. Founded in 1879, TMNF operates worldwide in 47 countries. With annual revenues of approximately $50 billion and an A.M. Best rating of A++, one of the highest in the industry, we are one of the top 20 insurance providers worldwide.Summary:Managing and leading the activities of the Jersey City Underwriting unit to ensure quality, on time delivery of our work product including quotes, new lines, endorsements and renewals. Underwrite commercial risks in accordance with Tokio Marine Management's corporate goals and guidelines. Support new business production through producer and customer visits.Primary Job Duties: Review new business, renewal and endorsement requests. Gather data, analyze and evaluate all information provided. Obtain additional information as needed to determine acceptability based on underwriting guidelines and sound judgment. Responsible for the management, development and training of all personnel within the underwriting unit. Execute all aspects of the portfolio in the territory including profitable growth, customer retention, adherence to underwriting and operational guidelines. Cooperate with co-workers to foster a teamwork-based atmosphere. Establish and monitor workflows to meet goals. Establish and maintain positive, professional relationships with producers. Utilize effective sales and negotiation skills to obtain and retain accounts on the most profitable terms available to TMA. Work closely with other internal departments such as Client Solutions (Marketing), Loss Control, Claims, Premium Audit and Accounting to meet client service goals and increase knowledge on your accounts.Follow TMA and Department of Insurance Guidelines to ensure the profitability and compliance of your book of business. Train other team members and participate in the self- audit process to ensure compliance. Lead andor participate in the implementation of Strategic Initiatives (Company, Dept, Region or branch). Measure effectiveness of strategies and adjust as necessary.Prepare andor provide input into reports or special projects as designated. Drive underwriting excellence across the business by establishing and adherence to risk appetite, standards and guidelines and ensure rating and pricing adequacy. Manage and evaluate performance of staff, as well as collaborate with Sr. management and HR on performance management, employment management including creation of development plans for staff members. In collaboration with HR develop tools and strategies to attract and retain top industry talent and develop a highly performing team. Drive a culture that promotes collaboration, diversity, equity and inclusion.Qualifications: • Bachelors degree preferred.• Advanced knowledge of the casualty business including product features, forms, regulatory and risk• 10 Years of Casualty Underwriting, Agency or Brokerage experience• Proven supervisory or line management skills. Highly developed leadership skills that to allow each employee to work to their full potential• Proven initiative and judgement to resolve routine problems independently or effectively utilize appropriate resources.• Proficiency in all casualty lines of business including but not limited to Commercial Auto, Commercial General Liability and Umbrella, Workers Compensation.• Strong influencing and communication skills, experienced in building relationships both internally and externally• Participation in related insurance coursework (AAI, CPCU, ARM, etc.)Salary range of $155k - $185K. Ultimate salary offered will be based on factors such as applicant experience and geographic location. Our company offers a competitive benefits package and bonus eligibility on top of base. TMA believes the perfect candidate is more than just a resume. If you don't meet every single requirement, but are still interested in the job, we encourage you to apply.