Property Underwriting Specialist Trainee

Marketing Statement About Tokio Marine: 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. 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. 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. Job Summary: As a Property Products Specialists, you will be a member of the Corporate Underwriting team and will work closely with the Property Product Manager and AVP, Property Products on a specific line of business to promote profitable growth. The Corporate Underwriting team is responsible for product development, risk management, underwriting governance and compliance strategies that conform to our risk appetite. In this position, you will participate in developing guidelines, processes, products, rates, rules, tools and controls that business segments will utilize in their day to day decisions. You will conduct ongoing analysis, monitor results and communicate those results to key distribution and underwriting partners. Collaborating with others to share product performance will be key to success. You will be responsible for developing and managing underwriting, pricing and product strategy that positions Tokio Marine to meet clients' needs, build company revenues and achieve our corporate objectives. This includes assisting in the development and execution of Property lines strategies, growth and enhancing the Property underwriting expertise within the company. Essential Job Functions: Works with Product Manager to maintain and continually improve a specific Property insurance product line including the assessment of the portfolio to ensure profitability Researches forms, rates and rules for Product Manager or Underwriting Specialists to assist field underwriting and the company overall on rate, rule and form issues. Supports product development including associated pricing and underwriting tools and reviewing policy forms with Claims and Legal. Assists in the development of Underwriting guidelines and rules for execution by Field Underwriting . Participates in underwriting reviews of business segments and supports internal audits and Market Conduct exams. Collaborates and maintains strong relationships with all internal departments Assist in the implementation of compliance specifications including the development of tools and resources necessary to maintain compliance requirements. Assists the CUW and TMA Executive leadership in initiatives, projects and general areas for assigned lines. Supports training as needed. Collaborates, designs, reviews and/or recommends policies, procedure and technology to improve operational efficiency, underwriting profitability and regulatory compliance. Responsible for complying with proper internal controls as necessary to conduct job functions and/or carry out responsibilities and/or administrative activities at Company. Qualifications: College Degree or equivalent experience preferably in finance, insurance or a related field 1 to 2 years insurance experience preferred Extensive Personal Computer skills Excellent verbal and written communication skills Positive team participation and attributes preferred Salary range $80,000 to $95,000. 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. 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. Benefits: 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. EEO Statement 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. Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) 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, sexual orientation and/or any other status protected by law.