Tokio Marine HCC International

Entry-level Professional Indemnity Claims Handler role at Tokio Marine HCC, managing insurance claims, liaising with brokers and clients, and developing expertise in insurance law and claims handling.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:To make up a 3-person Professional Indemnity claims team based in Bristol (alongside an underwriting team) which in itself is part of a larger team based in London and South Wales. There will be regular visits to and inclusion in London-based activities.The successful candidate will develop their experience and understanding of legal process; insurance law; negotiating skills; and of the wide variety of trades we insure. They will also benefit from working alongside the larger Casualty Claims team based in London & South Wales which involves regular inter-office collaboration; and where their effort and achievement is recognised by a company in which opportunities for career progression are regularly available.Key Responsibilities:Receiving notifications;Processing information onto the claims system;Identifying relevant facts, documents and formulating appropriate requests for information;Drafting appropriate case summaries; strategies and Large Loss Reports;Setting case reserves in line with our philosophy;Corresponding and conversing with brokers, insureds and third parties;Dealing with queries and complaints; Attending meetings and mediations with third parties;Attending bi-weekly team meetings with senior underwriters to discuss key important cases;Apprising and meeting with reinsurers where necessary.Skills and Experience Specification:Essential:0-3 Years’ experience dealing with London market insurance preferably in a claims capacityAt least 3 (A*to C) relevant A-level qualifications8+ GCSE Grades 5 and above (or equivalent) to include Maths and EnglishWorking towards Dip CIIHigh level Excel skills including ability to prepare reports using formula and pivot tables.Desirable:Relevant university degreeExperience using ECF and of the Lineage systemWhat 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.

Posted 14 days ago

Entry-level Actuarial Reserving Analyst role at Tokio Marine HCC, supporting reserving, regulatory reporting, and capital modelling while studying towards actuarial qualifications.Why Tokio Marine HCC?Standing still is not an option in the current world of Insurance. TMHCC is 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, along with a desire to grow and provide creative and innovative solutions to our clients.Job Purpose:We are currently seeking to fill an entry level position within the reserving team of the actuarial function.The actuarial function is responsible for the delivery of actuarial services across the International segment of Tokio Marine Houston Casualty Company (TMHCC), which includes a PRA regulated risk carrier, a branch of the US parent, syndicate 4141 at Lloyd’s and a Luxembourg regulated risk carrier.  Overall, the International segment has profitably grown successfully over many years and the actuarial function continues to develop and grow in its importance and contribution to business success as a result.You will work as part of an actuarial team in London, with a mix of qualified and student actuaries, with the opportunity to liaise with other actuarial teams across the wider group in London, Luxembourg and Houston. The role will report into a senior actuary, with direct exposure to senior actuaries in reserving, capital and pricing including the overall Chief Actuary from the outset. It is generally an informal environment with employees trusted to deliver work of a standard that perpetuates the excellent performance of the company in difficult market conditions.Key Responsibilities:ReservingContribute to all aspects of the reserving process, including periodic reviews of reserves for multiple lines of business through appropriate application of actuarial loss reserving techniques, and liaising with the claims, finance and underwriting teams as necessary.Delivery of Solvency II technical provisions and related regulatory/Lloyd’s returns, including calibration of key model variables and parameters, and assisting with the completion of regulatory returns.Analysis of reserve and underwriting risk parameters to support the quantification of key inputs to the internal capital model.GeneralCollaboration - Meet and approach members of other teams across the company in a collaborative effort to improve processes and enhance the reputation of the actuarial team. Gaining a greater understanding of a wide range of different insurance lines of business.Compliance and documentation - Assist with ensuring work is compliant with both internal and external governance. Ensure documentation is current and that latest regulation is promptly incorporated.Development and production of management information and metrics to enhance ongoing communication with the business.Attendance and participation in training and events to increase the intellectual capital of the actuarial team.Skills and Experience Specification:Education & experienceBachelor’s degree in Actuarial Science, Mathematics, Statistics or a related field or the equivalent education and/or experience.Intention to commence / continue study towards IFoA Actuarial Qualification.Actuarial exams / exemptions not required but preferable.No experience is required but up to one year of practical actuarial experience would be considered, preferably in general insurance.OtherExcellent written and verbal communication skills.Superior analytical and organizational skills; demonstrated ability to manage multiple complex tasks.Proficiency in using Microsoft Office package software (Excel, Access, PowerPoint, Word).Programming aptitude / experience – VBA, SQL, Python or R, including basic application of macros, is an advantage.Committed to the role with willingness to take accountability and also a desire to take advantage of internally available self-development opportunities.What We OfferThe 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.

Posted 14 days ago