UW Business Analyst, Shōrai

About the Role

As a participant in the Shōrai Program, you will apply creative and analytical thinking, problem-solving skills, and informed decision-making utilizing technical expertise. This three-year educational and developmental framework offers comprehensive on-the-job training from experienced underwriters and functional leaders, providing exposure to key areas like Corporate Underwriting and Global Business Unit (GBU) departments. The program includes customized development plans to deepen underwriting knowledge through industry-recognized coursework and certifications. You will interact with colleagues across multiple branch offices and departments to facilitate relationship-building and expand understanding of TMA's operations.

Key Responsibilities

• Phase One: Underwriting Business Analyst

• Work directly with Underwriting Leadership, Underwriters, and Underwriting Analysts to understand project concepts, objectives, and approach.

• Manage assigned projects from concept through final implementation with direction from underwriting unit owners.

• Create and maintain project schedules by developing project plans and specifications.

• Become a user expert on Policy Decisions (Majesco), OnBase, TED, Sales Force, Loss Control 360, and other system applications as necessary.

• Assist in the development of effective tools for Underwriting Management and Underwriters to enhance portfolio management capabilities.

• Collaborate/liaise with other internal business units in developing reports, data management/reporting tools, and improving workflows and processes.

• Review various sections of Underwriting guides and work with FUW and CUW on suggested changes.

• Comply with proper internal controls to conduct job functions and/or carry out responsibilities.

• Phase Two: Underwriting Focus

• Develop underwriting skillset by managing a book of assigned accounts.

• Gain experience with systems and processes to facilitate the creation of operational efficiencies within the Underwriting Department.

• Analyze and evaluate exposures, determine and recommend underwriting actions, determine appropriate pricing and terms, and identify/refer alternatives within scope of authority and with Manager guidance.

• Complete all file documentation and rating schedules in compliance with internal and state regulatory requirements.

• Maintain effective communication and rapport with Client Solutions, insureds (as applicable), producers, other departments, and unit staff members.

• Coordinate account activities between various departments, underwriters, account executive officers, and producers within the scope of account ownership and authority.

• Engage in Ad Hoc project work in a variety of vertical initiatives.

• Stay current with market intelligence on an ongoing basis.

• Comply with proper internal controls to conduct job functions and/or carry out responsibilities.

Requirements & Tech Stack

• Policy Decisions (Majesco)
• OnBase
• TED
• Sales Force
• Loss Control 360
• Underwriting guides
• FUW
• CUW

Qualifications

• Bachelor’s degree required.
• Advanced skills in Adobe Acrobat and Microsoft Office Suite, specifically Word, Excel, and PowerPoint.
• Strong oral and written communication skills.
• Ability to multitask.
• Ability to work independently.
• Legal authorization to work in the U.S.