At a Glance
- Tasks: Support Treaty Reinsurance operations and enhance underwriting processes with innovative ideas.
- Company: Join Tokio Marine HCC, a leading Specialty Insurer with a dynamic culture.
- Benefits: Competitive salary, employee benefits, and opportunities for professional growth.
- Other info: Be part of a rapidly growing team with excellent career advancement opportunities.
- Why this job: Make an impact in the insurance industry while working with cutting-edge technology.
- Qualifications: Experience in underwriting operations and strong IT skills required.
The predicted salary is between 40000 - 50000 € per year.
Reporting to: Head of Treaty Reinsurance Operations
Direct Reports: none
Position Type: Permanent
Overview:
Why Tokio Marine HCC? Standing still is not an option in the current world of Insurance. TMHCC are one of the world’s leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients.
Job Purpose:
Support the Head of Treaty Reinsurance Operations in the day-to-day smooth running of the Treaty Reinsurance operations. Provide innovation & ideas to enhance the underwriting process whilst liaising closely with Corporate Teams (Innovation, I.T, BI, Operational Change) to ensure change is implemented smoothly.
Key Responsibilities:
- Support the Head of Treaty Reinsurance Operations in the day to day running and development of the Treaty Reinsurance Team’s reporting & underwriting systems (Corporate & Internal) alongside various London Market teams.
- Manage overdue premium collections working closely with Credit Control / Finance.
- Manage the day to day running of Aggregate Exposures ensuring Corporate 1-250 Authorities are adhered to working closely with the Exposure Management Team when required.
- Support the Head of Treaty Reinsurance Operations with Large Loss reporting.
- Support in administration of reinsurance placements.
- Support Underwriters to ensure LOB Bordereau’s are up to date and complete, liaising with the Head of Treaty Reinsurance Operations when required.
- Liaise with I.T, BI, Innovation & London Market Operational Change Teams to ensure all corporate enhancements are communicated and implemented smoothly and any improvements made by the Treaty Reinsurance Team adhere to corporate measures / standards.
- Be the main point of contact for any PEGA, SBS, DQ-Pro updates & changes ensuring all information is relayed back to the team in a clear and concise way.
- Keep up to date regarding Artificial Intelligence and how it can be used within the Reinsurance Industry.
- Provide general administrative support to the Treaty Underwriters, including producing renewal reports and any other ad-hoc reports using ERS/SBS.
- Assist with ad-hoc Underwriting projects / Team projects.
- Assist with ad-hoc PEGA Tasks.
Skills and Experience Specification:
Essential:
- Experience working in an underwriting operations role.
- High level IT / BI skill set & proficient in all Microsoft Office Applications (including SQL VBA).
- Strong numerical skills.
- Very focussed with strong organisational skills.
- Team player with excellent relationship management skills.
- Ability to work under pressure.
- A calm individual with excellent communication skills.
Desirable:
- Knowledge of AI capabilities and their application in underwriting environments.
- Pega / ERS knowledge.
- Knowledge of reinsurance contract wordings.
What We Offer:
The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals. The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies.
Underwriting Operations Analyst – Treaty Reinsurance in London employer: HCC Service Co. UK Branch
At Tokio Marine HCC, we pride ourselves on being a leading Specialty Insurer that values innovation and employee empowerment. Our dynamic work culture fosters collaboration and creativity, providing ample opportunities for professional growth in the heart of London’s insurance market. With a competitive salary and comprehensive benefits package, we are committed to supporting our employees in achieving their career aspirations while delivering exceptional service to our clients.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Operations Analyst – Treaty Reinsurance in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Tokio Marine HCC. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by researching the company and its values. Show them you’re not just another candidate; you’re genuinely interested in their mission and how you can contribute.
✨Tip Number 3
Practice your responses to common interview questions, but keep it natural. We want you to sound confident and authentic, not like you’re reading from a script!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step.
We think you need these skills to ace Underwriting Operations Analyst – Treaty Reinsurance in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Underwriting Operations Analyst role. Highlight your relevant experience in underwriting operations and any specific skills that match the job description, like your IT proficiency and numerical skills.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with the values of Tokio Marine HCC. Don’t forget to mention any innovative ideas you have for enhancing the underwriting process!
Showcase Your Team Spirit:Since this role involves liaising with various teams, make sure to highlight your teamwork and relationship management skills. Share examples of how you've successfully collaborated with others in past roles to achieve common goals.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way to ensure your application gets the attention it deserves, and we can’t wait to see what you bring to the table!
How to prepare for a job interview at HCC Service Co. UK Branch
✨Know Your Underwriting Basics
Make sure you brush up on your underwriting knowledge, especially in treaty reinsurance. Understand the key responsibilities of the role and be ready to discuss how your experience aligns with managing overdue premium collections and supporting underwriters.
✨Showcase Your IT Skills
Since a high level of IT and BI skills is essential, be prepared to talk about your proficiency in Microsoft Office applications, SQL, and VBA. Maybe even share examples of how you've used these tools to enhance processes in previous roles.
✨Demonstrate Team Collaboration
This role requires excellent relationship management skills. Think of specific instances where you've successfully collaborated with teams or departments, particularly in operational change or innovation projects. Highlight your ability to communicate clearly and work under pressure.
✨Stay Updated on AI Trends
With the growing importance of AI in the reinsurance industry, show your enthusiasm for learning about its applications. Discuss any recent developments or tools you've come across that could benefit underwriting operations, demonstrating your proactive approach to innovation.
