Senior Product Liability Underwriter

We maintain a Hybrid Office Schedule and can seat this position in the following location:

• Chicago, IL (W Madison Office)

Interested in taking on a role where your day-to-day has major impacts across the team and the organization?

Tokio Marine HCC, a global power in the specialty insurance industry, is seeking a Product Liability Underwriter who wants to make a difference in our organization. Bring your passion to learn, attention to detail, and expertise to a world-leading insurance company. Put your career path in your hands and apply with us.

What we offer:       

Just as Tokio Marine HCC Group of Companies is customer centric, we are also employee centric offering:

• Competitive salary and excellent total employee benefit package

• Paid training and Bonuses for certifications

• Strong learning culture

• 6% 401K match

• Paid parental leave

• Hybrid work schedule (Tues, Wed & Thurs in office – business casual)

• Travel opportunities   

• Relocation package and additional unique opportunities based on experience  

About the team:       

Are you an expert Product Liability Underwriter looking for a new challenge? We are seeking a dynamic individual to join our team as we transition to a new phase of growth and expansion.

This is a prime role if you are seeking to make an impact, to achieve professional growth in your underwriting career, and interact with senior leadership. You are key in evaluating and underwriting product liability risks while working with a strong team. Contribute your skills and experience to shape the future direction of our business. Leverage your highly technical underwriting skills and broad broker partner networks to expand our distribution network nationally. Collaborate with the existing team to drive profitable growth with renewals and new business submissions in targeted product classes. Bring your full understanding of the client's requirements and expectations for insureds in the manufacturing and distribution industry and a strong ability to analyze and interpret technical data to help drive us into the future.  

If you're a self-starter with a passion for underwriting, we encourage you to apply for this unique opportunity.       

Key Responsibilities:       

• Evaluate submissions to assess each risk and pricing for the unique class, review endorsement requests and coverage limits, determine pricing, etc.

• Exercise strong underwriting acumen & discipline applying analytical skills to drive risk selection and expand TM HCC’s footprint in the market.

• Engage in a supportive team dynamic that promotes collaboration, honesty, integrity, and values feedback and new ideas to drive growth & strategy.

• Promote a consultative and collaborative relationship with wholesale brokerage partners based in offering creative solutions for product-driven risks.

• Participate in special projects as delegated by upper management.

• Mentor junior underwriters and support staff.

About You:         

• Bachelor’s degree in risk management, business administration, accounting, or relevant education/ experience.

• 8+ years of experience as a Product Liability Underwriter possessing significant experience in segments such as plastic & rubber goods, machinery, electronic equipment and component parts, non-critical auto, medical devices, dry food goods, dietary supplements etc.

• Line of business expertise: Casualty, GL, Products, Excess

• Proven ability to engage with the wholesale brokerage community.

• Aptitude for learning internal systems, applications and internal workflows.

• Exercise outstanding communication skills including presentations and underwriting documentation.

• Must be able to effectively interact with stakeholders at all levels of the company.

• Working knowledge of MS Excel is preferred (pivot tables, macros, and intermediate formulas).

• Exceptional organizational, time-management, and multi-tasking skills.

• Available for travel to assigned territory for broker visits, industry events 

Additional Certifications that are a plus:

• Chartered Property Casualty Underwriter (CPCU)