Senior Underwriter

HCC Service Company • Plano, TX

1d • Onsite

About The Position

Tokio Marine HCC (TMHCC) brings 50 years of service to the specialty insurance industry, today offering over 100 products to commercial customers in 180 countries around the world. Organic growth and over 60 successful acquisitions have grown our 2022 Gross Written Premium (GWP) to $5 Billion. Our workforce has grown to 4,300 worldwide … big, but not so big that you cannot make a difference. Our Good Company values, including integrity, empowerment, and commitment to customer service, and a culture of innovation, communication, and collaboration make TMHCC a great place to work. TMHCC Stop Loss, a $2 Billion division within TMHCC, leads the way in providing medical stop loss insurance sold to employers. Medical Stop Loss provides an added layer of insurance protection to employers who choose to self-fund their health benefit plans. Self-funding can incur risks from catastrophic claims, and Medical Stop Loss insurance from Tokio Marine HCC is designed to protect employers from that risk. This role is located onsite in Plano, TX Position Summary: Makes underwriting recommendations and decisions to protect the financial assets of the company and the carrier. Reviews proposal requests to evaluate, classify, and rate each risk to determine acceptability, coverage, and pricing. Establishes, maintains, and develops producer relationships. Works with expanded underwriting authority and business development responsibility.

Requirements

• 4 Year / Bachelor's Degree in Business Administration, Accounting, Finance, a related field, or the equivalent education and/or experience
• 5 years of relevant stop-loss experience
• Demonstrated expertise, knowledge, and proficiency in Medical Stop Loss Underwriting.
• Demonstrates strategic thinking, anticipation, proactivity, and relationship building skills.
• Ability to read and interpret documents such as plan of benefits, bid specifications, claim reports, and procedural manuals.
• 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.
• Strong critical thinking and negotiating skills.
• Advanced organization and analytical skills; demonstrated ability to manage multiple tasks simultaneously and work effectively under time pressure.
• Knowledge of insurance industry and Company's business.
• Intermediate proficiency and experience using Microsoft Office package (Excel, PowerPoint, Word, Outlook, Teams, etc.).
• Collaboration skills and ability to work in a highly team-oriented environment.
• Adaptability and willingness to learn.
• Strong organizational skillset.

Nice To Haves

• Preferred work towards Certified Employee Benefits Specialist (CEBS), Fellow of the Life Management Institute (FLMI), or Chartered Life Underwriter (CLU) certification(s)
• Preferred: previous knowledge and experience using Young Consulting’s ESLOffice or equivalent.
• Preferred: basic knowledge of medical terminology.

Responsibilities

• Meet annual company goals for profitability, renewal retention, revenue growth, new business production and customer service standards.
• Evaluate risk acceptability within established guidelines and set appropriate rates and factor levels.
• Analyze proposed plan changes to acceptability and cost.
• Work in conjunction with the Sales department to follow-up on quoted cases.
• Communicate with third-party administrators, brokers, and other external parties to collaborate on strategy, answer questions, explain decisions, deal with issues, build and maintain productive relationships, and respond appropriately and in a timely manner to service requests.
• Work collaboratively with management, internal departments, and other parties as necessary to respond to customer needs and deliver exceptional customer experiences.
• Complete requests for proposals (RFPs) promptly and follow-up for status and competitive information.
• Train and mentor Underwriters, and other internal and external personnel as assigned.
• Ability to travel to visit external and internal for growth and business development as needed.
• Ability to successfully participate in and complete projects and other activities as assigned.
• Ability and ambition to participate in leadership and growth programs when assigned/nominated

Benefits

• Generous paid time off (PTO), 12 paid company holidays, 401(k) Retirement Plan with 6% company match.
• Health and dental insurance, and vision plan available.
• Company-provided long-term disability and life insurance.
• Opportunities for advancement in a successful and growing organization.
• Flexible work schedules and a great work/life balance.
• Paid Parental Leave.
• Volunteer Time Off.
• Enjoy casual dress and work in a modern, comfortable office with free parking.
• Hybrid work schedule- candidate must be onsite in Plano, TX

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level