Senior Technical Underwriter, GBU

Tokio Marine Group • Plano, TX

4d • $130,000 - $140,000

About The Position

The Senior Technical Underwriter underwrites large property and casualty accounts, evaluates and develops special coverages, rates plans for clients, and assists with reinsurance transactions as required. The role also supports managers with key property and casualty underwriting and departmental workflow issues. It underwrites and prices large risks, consolidated programs, mergers and acquisitions, large-deductible and self-insured-retention programs, and other alternative risk mechanisms. The position provides technical input and guidance to underwriting staff and coordinates with management and other departments.

Tokio Marine serves commercial property and casualty insurance customers across the United States. The company describes its work as providing insurance and risk-management tools, and fair and timely claim settlement. The role is eligible for a competitive benefits package and bonus eligibility. The stated salary range is $130,000 to $140,000; the ultimate offer depends on factors such as experience and geographic location.

Requirements

• At least 10 years of property and casualty insurance underwriting experience.
• Five or more years of experience with large casualty accounts.

Nice To Haves

• College degree or equivalent; a college degree is preferred.
• CPCU or a related designation is preferred.

Responsibilities

• Underwrite and price large risks, consolidated programs, mergers and acquisitions, large-deductible programs, self-insured-retention programs, and other alternative risk mechanisms.
• Determine the acceptability of risks for underwriting.
• Bind various coverages within authority level and answer producer inquiries.
• Prepare quotations and formal proposals for new and renewal business.
• Place and bind reinsurance as needed.
• Review and approve property and casualty profiles and referrals as needed, ensuring documentation is completed accurately and on time in accordance with Regional and Corporate standards.
• Provide technical input and guidance to property and casualty underwriting staff as needed.
• Assist managers with overdue items, workflow, and clerical issues within the Unit as necessary.
• Communicate effectively with management about issues within and outside the Unit as needed.
• Coordinate with Claims, Loss Control, Client Solutions, Accounting, Corporate, and other underwriting departments.
• Recommend new procedures and programs where warranted.
• Provide intelligence on the large-account market, including competitor strengths and weaknesses.
• Comply with appropriate internal controls when performing job functions, responsibilities, and administrative activities.

Benefits

• Competitive benefits package.
• Bonus eligibility in addition to base salary.
• Comprehensive benefits package, including a generous 401(k) match.
• Internal career opportunities and people-development opportunities are described.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed