HCC

HCC

Associate Specialty Underwriter

New York - Chappaqua, USA · Junior · Internship

Sponsorship not specifiedDetected 26 days ago
Business DevelopmentAccountingExcelUnityCommunicationCollaborationCritical ThinkingMicrosoft OfficeUnderwriting

About the role

  • Gain understanding of the underwriting process: During the first 30 days learn how to evaluate the unique risks of kidnap and ransom, review submissions and ask a lot of questions throughout the process.
  • Review and Quote less complicated risks: During the first 60 days be able to quote easier risks, with little oversight needed.
  • Find creative solutions: During the first 90 days, be able to demonstrate critical thinking skills by writing business that satisfies both the client and our risk appetite.

Responsibilities

  • 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.
  • Manage a high volume of broker submissions by following structured work plans and meeting predefined turnaround-time goals.
  • Meet or exceed established commitments on deadlines to maintain strong broker satisfaction and competitive market placement.
  • build and maintain strong, collaborative market relationships to facilitate the underwriting process, promote business development, drive profitable premium growth, and stay abreast of industry trends.
  • 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.
  • Develop understanding of various factors that affect and influence policy rating and risk.
  • Serve as a primary point of contact for brokers; build and maintain strong, collaborative market relationships to facilitate the underwriting process, promote business development, drive profitable premium growth, and stay abreast of industry trends.
  • Once you join our TMHCC Specialty Group's Crisis Management division, your role will be to evaluate new and renewal policy applications and related documentation to classify and assess risks, communicate and build relationships with brokers and other outside contacts, and create and maintain all underwriting documentation according to procedures and other departmental guidelines.

Requirements

  • You have earned a bachelor's degree in business administration, Accounting, Finance, or a related field.
  • You must have office environment work experience.
  • You possess intermediate proficiency and experience using Office 365 (Excel, Word, PowerPoint).
  • You have accurate data entry skills.
  • Travel (up to 20%) will be required.
  • Your written and verbal communications skills are excellent, with an emphasis on confidentiality, tact, and diplomacy.
  • You possess exceptional organizational and analytical skills
  • with a demonstrated ability to manage multiple tasks simultaneously.
  • You are adept at working as part of a team yet capable of working independently as needed.
  • If this position sounds like a perfect fit, please apply WITH A COVER LETTER, expressing why you want to join our team.

Nice to have

  • This is an entry level position, internship(s) in business or a related area preferred.

Compensation

  • The pay range for this position is $30.58 - $38.22, which includes geographic adjustments, where applicable.
  • The pay range is the range THMCC, in good faith, believes is the range of compensation for this role at the time of this posting.
  • The hired applicant will be offered pay within the entire range based on the candidate's geographic location, qualifications, work experience, education, and/or skill level.
  • The Company is fully committed to ensuring equal pay opportunities for equal work regardless of color, race, sex, national origin, sexual orientation, religion, age, veteran status, disability, pregnancy, citizenship status, genetic information, or any other basis protected by federal, state, or local pay equity laws.
  • As an insurance company, we comply with certain federal, state and local laws such as the Violent Crime Control and Law Enforcement Act of 1994 (18 USC § 1033(e)), which restricts our ability to employ individuals with certain types of criminal convictions.
  • Where not restricted by law and for criminal history not covered by this law, the Company will consider qualified applicants with arrest or conviction history in compliance with applicable law.

Benefits

  • Competitive salary and comprehensive benefit package
  • Strong learning culture with ongoing development opportunities
  • Comprehensive medical, vision, and dental coverage, with eligibility beginning on your first day of employment
  • Basic life and disability insurance
  • 20 days of PTO, two floating holidays, approximately 11 paid holidays, and volunteer time off
  • Paid parental leave
  • Access to our award-winning wellness program, including mental health services, fitness network membership, and a complimentary Headspace subscription
  • The hired applicant will be offered pay within the entire range based on the candidate's geographic location, qualifications, work experience, education, and/or skill level.

Company info

  • Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, and other exciting locations. With the strength and stability that comes from being a member of the Tokio Marine Group, and more than fifty years of growth, profitability, and stability, we offer important insurance products that most people don't even know exist. Every policy we write is special, enabling our clients to do amazing things.
  • Tokio Marine HCC - Specialty Group, a member of the Tokio Marine group of companies, is a market leader in providing specialized insurance products for the sports, entertainment, and promotional industries. We provide an unmatched portfolio of products including event cancellation, high limit disability, kidnap and ransom, weather, travel, event liability and much more. We cover major sports and entertainment events, professional athletes and entertainers and other unique assets.
  • Applying our Mind Over Risk philosophy to writing insurance allows our customers to take on opportunity with confidence. That philosophy defines our way of thinking, unites us as a team, and differentiates us from our competitors. We are much more than just an insurance company
  • we are a good company.
  • Equal Opportunity Employer
  • Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, and other exciting locations.
  • With the strength and stability that comes from being a member of the Tokio Marine Group, and more than fifty years of growth, profitability, and stability, we offer important insurance products that most people don't even know exist.
  • Every policy we write is special, enabling our clients to do amazing things.
  • Tokio Marine HCC - Specialty Group, a member of the Tokio Marine group of companies, is a market leader in providing specialized insurance products for the sports, entertainment, and promotional industries.
  • We provide an unmatched portfolio of products including event cancellation, high limit disability, kidnap and ransom, weather, travel, event liability and much more.
  • We cover major sports and entertainment events, professional athletes and entertainers and other unique assets.
  • Applying our Mind Over Risk philosophy to writing insurance allows our customers to take on opportunity with confidence.
  • That philosophy defines our way of thinking, unites us as a team, and differentiates us from our competitors.
  • We are much more than just an insurance company; we are a good company.

Equal opportunity

  • Employer
  • TMHCC is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, citizenship, color, family or medical care leave, gender identity, genetic information, marital status, medical condition, national origin, physical or mental disability, protected veteran or military status, race, ethnicity, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable local laws, regulations and ordinances.
  • #LI-Hybrid
  • TMHCC is an equal opportunity employer.

Visa & Work Authorization

  • ardless of color, race, sex, national origin, sexual orientation, religion, age, veteran status, disability, pregnancy, citizenship status, genetic information, or any other basis protected by federal, state, or local pa

This listing is sourced directly from HCC's careers page and normalized into a canonical job model.