Job Description

Job Description

Position Summary:

The Underwriter role is responsible for evaluating profitable new risks submitted by brokers/agents in adherence with TMH Fine Art Division underwriting guidelines and underwriting letters of authority. In addition, the Underwriter is responsible to manage the existing book of business, market the company’s products in accordance with the directive of management, acting as a key contact in identifying, building, maintaining and managing broker/agent relationships. The Underwriter is accountable for contributing to the overall profitability and growth of the division, through selection, pricing and coverage changes including, and with management involvement, the declination of submissions and non-renewal of unprofitable business.

This position will require the ability to handle a relatively high volume of transactions during the peak business cycles; therefore it is essential that the candidate can multitask and work efficiently with a high degree of organizational skill.

This is a hybrid position with a minimum of 3 days in the office each week. The ideal candidate will be located within commuting distance of our Chicago office. Fully remote work elsewhere within the US will be considered for the right candidate.

This is a full-time, exempt position. The salary range for this position is $90,000 - $125,000. The final offer will thoughtfully consider the candidate's experience, skillset, and location.

Duties/Responsibilities:

• Evaluate, analyze, price and monitor the quality of new and in force risks in adherence with TMH Fine Art Division Underwriting Guidelines and compliance requirements.
• Handle new submissions, renewals, quotes and policy change requests within established division timelines.
• Capture all relevant policy and risk data for reporting purposes.
• Manage the overall profitability of the assigned book of business.
• Proactively communicate and follow up with brokers on new and renewal business.
• Develop and maintain relationships with assigned brokers/agents.
• Identify growth opportunities with new and existing broker/agent relationships including cross selling opportunities.
• Regularly update and submit the broker/agent development plan and submit it to management.
• Collaborate in a timely manner with all TMH departments and divisions in the performance of related duties and assignments as required.
• Develop and maintain relationships with the art community.
• Participate in training and continued education programs as assigned.
• Maintain a P&C broker license.

Qualifications and Experience:

• 5+ years of insurance experience in commercial and personal lines, specialty property, fine art or other inland marine lines of business.
• Bachelor’s degree preferred.
• Must obtain P&C broker license within a designated time period, if not currently licensed.
• Professional and excellent verbal and written communication and interpersonal skills.
• Efficient and high-level analytical skills
• Strong relationships in the fine art industry, especially with brokers/agents.
• Independent thinker, organized, efficient and success oriented.
• Working knowledge of Microsoft Office and other relevant software applications.
• Willingness and ability to travel.
• Willingness and ability to work independently and in teams.

About Tokio Marine Highland

Tokio Marine Highland Insurance Services (TMH) is a leading property and casualty underwriting agency. We offer a broad suite of tailored specialty risk management solutions, including private flood, fine art and lender-placed products. At TMH, it’s all about our clients. Nationwide, our customers rely on our trusted, industry-leading coverages, supported by compliance expertise, superior claims management and the highest caliber of service.

Founded in 1962, TMH is a wholly owned company of Tokio Marine Kiln, one of the largest carriers in the Lloyd’s of London insurance market and a member of the Tokio Marine Group. TMH has operating centers in Chicago, Il, Frisco, Texas, Miami, Fla., and South Pasadena, Calif.

If you’re looking to advance your career, TMH is the perfect professional home. At TMH, you’ll have a chance to innovate with the world’s leading businesses, put your expertise into action on major projects, and work on game-changing initiatives. You’ll also make long-lasting professional connections through sharing different perspectives, and you’ll be inspired by the best.

Tokio Marine Highland, LLC (TMH) is an Equal Opportunity Employer. TMH’s success depends heavily on the effective utilization of qualified people, regardless of their race, ancestry, religion, color, sex, national origin, sexual orientation, gender identity and/or expression, disability, veteran status, or any characteristic protected by law. As a company, we adhere to and promote equal employment opportunities for all.

Consistent with the Americans with Disabilities Act (ADA) and applicable state and local laws, it is TMH’s policy to provide reasonable accommodation when requested by qualified individuals with disabilities during the recruitment process, unless such accommodation would cause an undue hardship. To make an accommodation request, please contact humanresources@tmhighland.com.

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