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 37800 - 46200 £ 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: Tokio Marine HCC
At Tokio Marine HCC, we pride ourselves on being an excellent employer that fosters a collaborative and innovative work culture. Our London location offers employees the chance to engage with industry leaders while benefiting from comprehensive professional development opportunities and a commitment to work-life balance. Join us to be part of a dynamic team where your contributions are valued and rewarded.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Operations Analyst – Treaty Reinsurance in London
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We think you need these skills to ace Underwriting Operations Analyst – Treaty Reinsurance in London
Some tips for your application 🫡
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How to prepare for a job interview at Tokio Marine HCC
✨Brush Up on Financial Analysis Skills
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