UW Business Analyst, Shorai

Tokio Marine Group of Companies•Jersey City, NJ

1d•$60,000 - $70,000

About The Position

As a participant in the three-year Shōrai Program, the UW Business Analyst receives comprehensive on-the-job training from experienced underwriters and functional leaders. The program combines educational and developmental opportunities with work across Corporate Underwriting and Global Business Unit departments. Participants follow customized development plans, build underwriting knowledge through industry-recognized coursework and certifications, and interact with colleagues across branch offices and departments to understand TMA’s operations and customer-focused culture. In Phase One, the role supports underwriting projects, systems, tools, reporting, and workflow improvements. In Phase Two, the participant manages assigned accounts under guidance while developing foundational underwriting skills, applying underwriting processes, and contributing to operational efficiencies and other initiatives.

Requirements

Bachelor’s degree.
Advanced skills in Adobe Acrobat and Microsoft Office, specifically Word, Excel, and PowerPoint.
Strong oral and written communication skills.
Ability to multitask.
Ability to work independently.
Legal authorization to work in the United States.

Responsibilities

Work with Underwriting Leadership, Underwriters, and Underwriting Analysts to understand project concepts, objectives, and approaches.
Take assigned projects from initial concept through implementation, with direction from underwriting unit owners.
Create and maintain project schedules by developing project plans and specifications.
Become a user expert in Policy Decisions (Majesco), OnBase, TED, Salesforce, Loss Control 360, and other necessary applications.
Assist in developing tools that help Underwriting Management and Underwriters manage the portfolio effectively.
Collaborate with internal business units to develop reports and data-management and reporting tools, and improve workflows and processes.
Review sections of Underwriting guides and work with FUW and CUW on suggested changes.
Manage an assigned book of accounts to develop underwriting skills and help create operational efficiencies.
Analyze and evaluate exposures; determine and recommend underwriting actions, pricing, and terms; and identify or refer alternatives within authority and with manager guidance.
Complete file documentation and rating schedules in compliance with internal and state regulatory requirements.
Maintain effective communication and rapport with Client Solutions, insureds as applicable, producers, other departments, and unit staff.
Coordinate account activities with other departments, underwriters, account executive officers, and producers within account ownership and authority.
Perform ad hoc project work across a variety of vertical initiatives.
Stay current with market intelligence.
Comply with applicable internal controls in carrying out job functions and administrative responsibilities.