At a Glance
- Tasks: Support the smooth running of Treaty Reinsurance operations and enhance underwriting processes.
- 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: Exciting environment with rapid growth and a focus on creativity and collaboration.
- Why this job: Be part of an innovative team making a real impact in the insurance industry.
- Qualifications: Experience in underwriting operations and strong IT skills required.
The predicted salary is between 60000 - 75000 £ 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 City of Westminster employer: Tokio Marine HCC
Contact Detail:
Tokio Marine HCC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Operations Manager - Treaty Reinsurance in City of Westminster
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those working at Tokio Marine HCC. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Research the company’s values and recent projects. Show them you’re not just another candidate but someone who genuinely cares about their mission.
✨Tip Number 3
Practice makes perfect! Get a friend to do mock interviews with you. This will help you articulate your experience and skills clearly, especially how they relate to underwriting operations.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at Tokio Marine HCC.
We think you need these skills to ace Underwriting Operations Manager - Treaty Reinsurance in City of Westminster
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Underwriting Operations Manager role. Highlight your experience in underwriting operations and any relevant IT skills. We want to see how your background aligns with what we’re looking for!
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 you can contribute to our team. Don’t forget to mention any innovative ideas you have for enhancing the underwriting process.
Showcase Your Skills: Be sure to showcase your strong numerical and organisational skills in your application. We love team players, so highlight any experiences where you’ve successfully collaborated with others or managed relationships effectively.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people. Good luck!
How to prepare for a job interview at Tokio Marine HCC
✨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 the latest trends in the industry, including AI applications. This will show that you're not just interested in the role but also invested in the field.
✨Showcase Your IT Skills
Since a high level of IT and BI skills is essential for this role, 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 Strong Organisational Skills
The job requires someone who can manage multiple tasks under pressure. Prepare to share specific examples from your past experiences where you successfully juggled various responsibilities, maintained organisation, and met deadlines. This will highlight your ability to thrive in a fast-paced environment.
✨Build Rapport with Interviewers
Relationship management is key in this role, so practice building rapport during your interview. Be friendly, engage with your interviewers, and ask insightful questions about the team and company culture. This will help you come across as a team player who values collaboration.