UW Business Analyst, Shōrai - Hybrid

Job Description

About Tokio Marine:

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Tokio Marine has been conducting business in the U.S. market for over a century and we are licensed in all states, Puerto Rico and the District of Columbia, and write all major lines of Commercial Property and Casualty Insurance. We provide unique insurance and risk management tools from our experienced staff of account executives, underwriters and loss prevention engineers and fair and timely claim settlement from a skilled team of claim professionals. We work with major brokers and leading independent insurance agents throughout the United States to serve the world's largest and most distinguished organizations.

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We are committed to creating value for our customers by providing ANSHIN (safety, security and peace of mind). We strive to be creative and passionate as we work towards our long-term success.

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Tokio Marine Holdings is Japan's oldest, and one of the largest property and casualty insurers. Founded in 1879, TMNF operates worldwide in 47 countries. With annual revenues of approximately $50 billion and an A.M. Best rating of A++, one of the highest in the industry, we are one of the top 20 insurance providers worldwide.

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Job Summary

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As a participant in the Shōrai Program, you will be expected to apply both creative and analytical thinking, demonstrate effective problem-solving skills, and make informed decisions utilizing the technical expertise gained during the program. Comprehensive on-the-job training will be provided by our highly experienced underwriters and functional leaders across the organization. The three-year educational and developmental framework of the program also offers an excellent opportunity to launch your career. You will gain exposure to key areas including Corporate Underwriting, and the Global Business Unit (GBU) departments.

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Beyond daily responsibilities, there will be customized short- and long-term development plans, designed to deepen your underwriting knowledge through industry-recognized coursework and certifications.

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To ensure thorough integration into TMA’s customer-focused culture and to provide insight into essential roles within the Underwriting unit, participants will be expected to interact with colleagues across multiple branch offices and departments. This experience will facilitate relationship-building with colleagues and contribute to expanding your understanding of TMA's

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operations.

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Essential Job Functions

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Essential Job Functions – Underwriting Business Analyst – Phase One:

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• Works directly with Underwriting Leadership, Underwriters and Underwriting Analysts as directed to understand project concept, objectives and approach.
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• Takes assigned project(s) from original concept through final implementation with direction from underwriting unit owners.
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• Creates and maintains project schedules by developing project plans and specifications.
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• Become a user expert on Policy Decisions (Majesco), OnBase, TED, Sales Force, Loss Control 360 and other system applications as necessary.
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• Assists in the development of effective tools for Underwriting Management and Underwriters to enhance the ability to effectively manage the portfolio.
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• Collaborate/liaise with other internal business units in developing reports, data management/reporting tools and improve workflows and processes.
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• Review various sections of Underwriting guides and work with FUW and CUW on any suggested changes
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• Responsible for complying with proper internal controls as necessary to conduct job functions and/or carry out responsibilities and/or administrative activities at Company.
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Essential Job Functions Underwriting Focus – Phase Two:

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• Underwriting skillset development:
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• Manage a book of assigned accounts to develop foundational underwriting skills and gain experience with systems and processes to facilitate the creation of operational efficiencies within the Underwriting Department.
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• Analyzes and evaluates exposures, determines and recommends underwriting actions, determines appropriate pricing and terms and identifies/refers alternatives within scope of authority and with Manager guidance.
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• Completes all file documentation and rating schedules in compliance with all internal and state regulatory requirements.
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• Maintains effective communication and rapport with Client Solutions, insureds (as applicable), producers, other departments, and unit staff members.
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• Coordinates, with assistance as needed, account activities between various other departments, underwriters, account executive officers and producers within the scope of account ownership and authority.
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• Ad Hoc project work in a variety of vertical initiatives
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• Stays current with market intelligence on an ongoing basis.
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• Responsible for complying with proper internal controls as necessary to conduct job functions and/or carry out responsibilities and/or administrative activities at Company.
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Work Arrangement: This role currently follows a hybrid schedule requiring 2 days per week in the office, with the remaining days worked remotely. The work arrangement may be subject to change based on business needs.

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Qualifications

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• Bachelor’s degree required
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• Advanced skills in Adobe Acrobat and Microsoft Office Suite, specifically Word, Excel and PowerPoint
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• Strong oral and written communication
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• Ability to multitask
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• Ability to work independently
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• Legal authorization to work in the U.S.
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S alary range $60,000 to $70,000. Ultimate salary offered will be based on factors such as applicant experience and geographic location. Our company offers a competitive benefits package and bonus eligibility on top of base.

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TMA believes the perfect candidate is more than just a resume. If you don't meet every single requirement, but are still interested in the job, we encourage you to apply.

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Benefits:

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We offer a comprehensive benefit package, which includes a generous 401K match. Our rich history of outstanding results and growth allow us to focus our business plan on continued growth, new products, people development and internal career opportunities.

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EEO Statement

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Tokio Marine Management is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, or sexual orientation.