Manager, Jersey City GBU

Tokio Marine Group•Jersey City, NJ

7d•Onsite

About The Position

Tokio Marine has been conducting business in the U.S. market for over a century and is licensed in all states, Puerto Rico, and the District of Columbia, writing all major lines of Commercial Property and Casualty Insurance. The company provides unique insurance and risk management tools from experienced staff and fair and timely claim settlement from a skilled team. Tokio Marine Holdings is Japan's oldest and one of the largest property and casualty insurers, founded in 1879, operating worldwide in 47 countries with annual revenues of approximately $50 billion and an A.M. Best rating of A++. This role involves managing and leading the activities of the Jersey City Underwriting unit to ensure quality and timely delivery of work products, including quotes, new lines, endorsements, and renewals. The position requires underwriting commercial risks in accordance with corporate goals and guidelines, and supporting new business production through producer and customer visits.

Requirements

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 allow each employee to work to their full potential.
Proven initiative and judgment 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.)

Responsibilities

Review new business, renewal, and endorsement requests.
Gather data, analyze, and evaluate all provided information.
Obtain additional information as needed to determine acceptability based on underwriting guidelines and sound judgment.
Manage, develop, and train all personnel within the underwriting unit.
Execute all aspects of the portfolio in the territory, including profitable growth, customer retention, and 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.
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 accounts.
Follow TMA and Department of Insurance Guidelines to ensure the profitability and compliance of the book of business.
Train other team members and participate in the self-audit process to ensure compliance.
Lead and/or participate in the implementation of Strategic Initiatives (Company, Dept, Region, or branch).
Measure effectiveness of strategies and adjust as necessary.
Prepare and/or provide input into reports or special projects as designated.
Comply with proper internal controls as necessary to conduct job functions and/or carry out responsibilities and/or administrative activities at Company.
Drive underwriting excellence across the business by establishing and adhering to risk appetite, standards, and guidelines, and ensure rating and pricing adequacy.
Manage and evaluate performance of staff, and 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.