Underwriting Operations Manager – Treaty Reinsurance in London
Underwriting Operations Manager – Treaty Reinsurance

Underwriting Operations Manager – Treaty Reinsurance in London

London Full-Time 60000 - 80000 £ / year (est.) No home office possible
HCC Service Co. UK Branch

At a Glance

  • Tasks: Support daily operations and enhance underwriting processes in a dynamic reinsurance environment.
  • Company: Join Tokio Marine HCC, a leading global specialty insurer with a focus on innovation.
  • Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
  • Other info: Exciting career growth in a rapidly expanding organisation.
  • Why this job: Be part of a team that values creativity and empowers you to make an impact.
  • Qualifications: Experience in underwriting operations and strong IT skills are essential.

The predicted salary is between 60000 - 80000 £ per year.

Reporting to: Head of Treaty Reinsurance Operations

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 Manager – 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.
HCC Service Co. UK Branch

Contact Detail:

HCC Service Co. UK Branch Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriting Operations Manager – Treaty Reinsurance in London

Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you stand out as someone who genuinely cares about being part of their team.

Tip Number 3

Practice your responses to common interview questions, but keep it natural. Use the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your experience effectively.

Tip Number 4

Don’t forget to follow up after your interview! A simple thank-you email can leave a lasting impression and show your enthusiasm for the role. Plus, it keeps you on their radar!

We think you need these skills to ace Underwriting Operations Manager – Treaty Reinsurance in London

Underwriting Operations
IT Skills
Business Intelligence (BI)
Microsoft Office Applications
SQL
VBA
Numerical Skills
Organisational Skills
Relationship Management
Communication Skills
Artificial Intelligence Knowledge
Pega Knowledge
ERS Knowledge
Reinsurance Contract Wordings

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Underwriting Operations Manager role. Highlight your relevant experience in underwriting operations and any specific skills that match the job description, like your IT proficiency or 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 company's values. Don’t forget to mention your innovative ideas 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.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensure it gets the attention it deserves!

How to prepare for a job interview at HCC Service Co. UK Branch

Know Your Underwriting Operations

Make sure you brush up on your knowledge of underwriting operations, especially in the context of treaty reinsurance. Familiarise yourself with key terms and processes, as well as any recent trends in the industry. This will show that you're not just interested in the role but also understand its intricacies.

Showcase Your IT Skills

Since the job requires a high level of IT and BI skills, be prepared to discuss your experience with Microsoft Office applications, SQL, and any relevant software like PEGA or ERS. Bring examples of how you've used these tools to improve processes or solve problems in previous roles.

Demonstrate Teamwork and Communication

This role involves liaising with various teams, so highlight your teamwork and communication skills during the interview. Share specific examples of how you've successfully collaborated with others, managed relationships, and communicated complex information clearly.

Stay Updated on AI in Reinsurance

Given the emphasis on innovation and AI in the job description, make sure you’re up to date on how artificial intelligence is being applied in the reinsurance industry. Be ready to discuss your thoughts on its potential impact and any relevant experiences you have in this area.

Underwriting Operations Manager – Treaty Reinsurance in London
HCC Service Co. UK Branch
Location: London

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