At a Glance
- Tasks: Support underwriting processes and assist in risk research for Accident & Health business.
- Company: Join Tokio Marine HCC, a leading Specialty Insurer with a dynamic culture.
- Benefits: Enjoy a competitive salary, great benefits, and opportunities for professional growth.
- Other info: Hybrid work model with a focus on teamwork and personal development.
- Why this job: Take your career to the next level in a fast-paced insurance environment.
- Qualifications: 3+ years in insurance, strong communication skills, and a degree in Business or Economics.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Tokio Marine HCC is a leading Specialty Insurer. Standing still is not an option in the current world of Insurance. TMHCC evaluates and manages risk with an emphasis on growth, empowerment of our people, and delivering commitments to clients. This role provides underwriting support with a focus on the Accident & Health (A&H) business and is suitable for an Underwriting Assistant looking for the next step in their career.
Job Title
Assistant Underwriter
Reporting to
Head of Disability Underwriting
Location
City of London
Position Type
35 hours per week, permanent
Hybrid
Minimum of 4 days in the office
Job Purpose
To provide underwriting support in the implementation of the business plan to ensure growth and profitability of the account to the Specialty Group, with specific focus on the A&H side of the business. This role would be suitable for an Underwriting Assistant looking for the next step in their career.
Key Responsibilities
- General support to the Underwriters within the team
- Perform specific risk, market and broker research for renewals and business development
- Assist marketing and preparation for broker meetings / visits
- Broker correspondence/liaison
- Generate and process quotes. Creation of contracts, binders and wordings
- Ensure all policies written are contract certain and compliant with relevant regulations
- Manage risks processed via the electronic placing platform
- Visit other offices where needed
- Liaise with claims team for claims
- Identify key performance trends and produce detailed reporting
- Ad hoc tasks and projects including AI and Power BI
Performance Objectives
- Demonstrate the ability to understand and follow the TMHCC underwriting approach
- Develop relationships with key stakeholders such as brokers and claims team
- Be the first point of contact for the majority of broker queries
- Demonstrate the ability to handle a challenging workload
Essential – Skills and Experience
- Minimum of 3 years working in insurance as an Underwriting Assistant or in a similar role
- London Market Experience
- Degree level education ideally in Business or Economics
- Planning and organisational skills
- A high level of IT literacy, including Word and Excel
- Ability to organize workload and priorities and work to deadlines
- Strong communication skills (verbal and written)
- Ability to work well within a team and build strong relationships with colleagues and clients
- Willingness to learn and work proactively
- Excellent attention to detail and high level of accuracy
Desirable
- Relevant insurance qualification or willingness to work towards qualifications
- Interest in gaining medical knowledge relevant to the role
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.
Seniority level
- Mid-Senior level
Employment type
- Full-time
Job function
- Finance and Sales
Industries
- Insurance
Referrals increase your chances of interviewing at Tokio Marine HCC International by 2x
London, England, United Kingdom
Assistant Underwriter employer: Tokio Marine HCC International
Tokio Marine HCC is an exceptional employer located in the heart of London, offering a dynamic work environment that fosters growth and empowerment for its employees. With a strong focus on professional development, competitive salaries, and a comprehensive benefits package, the company encourages its team members to thrive in their careers while maintaining a healthy work-life balance through a hybrid working model. Joining TMHCC means becoming part of a forward-thinking organisation that values innovation and collaboration, making it an ideal place for those seeking meaningful and rewarding employment in the insurance sector.
Contact Details:
Tokio Marine HCC International Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Underwriter
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Tokio Marine HCC International). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Tokio Marine HCC International. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Assistant Underwriter
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Tokio Marine HCC International.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Tokio Marine HCC International. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Tokio Marine HCC International
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Tokio Marine HCC International to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Tokio Marine HCC International, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Tokio Marine HCC International's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
