Description

Position at Tokio Marine HCC
Attention!! It's the new year, are you ready for a new opportunity?
Do you want to participate in the underwriting process for Kidnap & Ransom insurance policies?
We have an interesting opportunity for a Kidnap & Ransom Underwriting Associate in our downtown Chicago office. In this role, which is part of the Crisis Management Division and Tokio Marine HCC - Specialty Group, you will join an entrepreneurial team of Underwriters and play a key role in results and strategy of the product.
Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, Ireland, and other exciting locations. With the strength and stability that comes from being a member of the Tokio Marine Group, and more than forty years of growth, profitability, and stability, we offer important insurance products that most people don't even know exist. Every policy we write is special, enabling our clients to do amazing things. From insuring the crops that feed us to the rock concerts that entertain us, to rescuing international travelers in trouble, we offer more than 100 classes of specialty insurance. Applying our Mind Over Risk philosophy to writing insurance allows our customers to take on opportunity with confidence. That philosophy defines our way of thinking, unites us as a team, and differentiates us from our competitors. We are much more than just an insurance company; we are a good company.
You will evaluate new and renewal policy applications and related documentation to classify and assess risks, communicate and build relationships with brokers and other outside contacts, and create and maintain all underwriting documentation according to procedures and other departmental guidelines.
Performance Objectives:

• Gain understanding of the underwriting process: During the first 30 days learn how to evaluate the unique risks of product contamination, review submissions and ask a lot of questions throughout the process.
• Review and Quote less complicated risks: During the first 90 days be able to quote easier risks, with little oversight needed.
• Understand more complex risks: During the first 6 months begin to understand more complex product contamination risks.
• Find creative solutions: During the first 60 days and beyond show critical thinking skills by finding creative solutions to write the business and satisfy both the client and the risk-taker.

Your Skills and Experience:

• A bachelor's degree in business administration, Accounting, Finance, or a related field is required.
• The Kidnap & Ransom Underwriting Associate is an entry level position; internship(s) in business or a related area preferred.

What we offer:
Just as Tokio Marine HCC Group of Companies is customer centric, we are also employee centric offering our employees a competitive salary and employee benefit package, strong learning culture, collaboration, 401K match, paid parental leave, hybrid work schedule*, travel opportunities and an opportunity to love what you do.
*Our hybrid work schedule - is 4 days in the office and 1 WFH, if desired, upon successful completion of a training period. Please consider this requirement before applying.
If your experience matches these requirements, please apply WITH A COVER LETTER.
The Tokio Marine HCC Group of Companies offer a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking an energetic and confident individual to join our team of professionals. The Tokio Marine HCC Group of Companies are equal-opportunity employers. Please visit www.tmhcc.com for more information about our companies.
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