Logo of Huzzle

Graduate Trainee Underwriter - Surety

image

Tokio Marine Kiln

Jun 22, 2023

Applications are closed

  • Job
    Full-time
    Entry Level
  • Legal
    Banking & Finance
  • Leicester, +1

Requirements

  • Performance Objectives / Early Deliverables: 
  • Gained a good understanding of the internal Surety bond and guarantee processing systems and the application of premium rating methods.
  • Understand and provide the team with relevant and timely information that will inform underwriting decisions
  • Skills and Experience Specification:
  • Essential:
  • Graduate with 1st Law degree
  • Excellent Communication skills
  • Presentable individual who is able to build effective relationships with external facing stakeholders i.e. brokers/clients
  • Good analytical skills
  • IT literate
  • Desire to gain professional qualification
  • Some travel will feature
  • Out of hours meetings i.e. networking/relationship building may be necessary

Responsibilities

  • Underwriting of surety risks in line with agreed strategy and personal authority limits.
  • Review and agreement of legal documents (such as bond forms, security documents, contracts and other agreements).
  • Building relationships with internal and external stakeholders and clients. Liaise effectively with clients and brokers.
  • Gather relevant and sufficient information both financial and other, to assess financial strength of existing and potential clients.
  • Researching the internet and other media to find relevant and up to date information.
  • Analyse information gained from various sources to add to reports.
  • Assist in internal and external meetings as required.
  • Be able to provide explanation and reasons for decisions made.
  • Create and present reports as required.
  • Maintain company records and databases.
  • Identify and escalate any potential risks.
  • Assist with market and product development.
  • Other reasonable duties as instructed by the Senior Underwriter/Head of Department.

A leading international insurer with a reputation for specialist underwriting excellence and innovative products

Finance
Industry
501-1000
Employees
1880
Founded Year

Mission & Purpose

Tokio Marine Kiln is a leading international insurer with a reputation for specialist underwriting excellence, great people and innovative products. As part of one of the world’s largest insurance groups, Tokio Marine, we empower our people to protect customers against complex and ever-changing risks. Tokio Marine Kiln benefits from exceptional financial strength with Standard & Poor’s ratings of A+ attributed to its three managed syndicates at Lloyd’s.