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About the Role

The Head of London Contingency will have primary responsibility and take the lead role for the Contingency portfolio across the London market, helping to build out the international broker network and providing technical and strategic direction. The role involves developing strong broker and market relationships and ensuring alignment with governance, compliance, and reinsurance requirements.

Responsibilities

• Underwrite Contingency Portfolio
• Provide technical pricing for Contingency risks including Event Cancellation, Non-Appearance, Prize Indemnity, Parametric Weather and other miscellaneous contingent risks
• Focus on servicing brokers in the London market, international broker network and TM offices globally
• Assist in the evolution of the Specialty Marketplace portal to react to broker needs in terms of product development
• Manage and support the development of underwriting capability, technical standards, and consistent underwriting practices of the London Contingency team
• Contribute to performance management, coaching, and mentoring within the team
• Provide oversight and technical input into Contingency reinsurance arrangements, including treaty structures, facultative placements, autofacs, and renewals
• Support discussions around exposure and aggregation with reinsurance partners and internal stakeholders
• Work closely with Reinsurance, Compliance, and Senior Management to ensure appropriate risk transfer and capital protection
• Lead the drafting, review, and approval of policy wordings, endorsements, and exclusions for Contingency risks
• Help resolve technical, legal, and jurisdictional issues where required
• Ensure policy documentation is consistent, legally robust, and aligned with market practice and regulatory requirements
• Act as escalation point for wording disputes, interpretation issues, and complex coverage questions
• Oversee monitoring and management of accumulation and aggregation risk within the Contingency portfolio
• Review exposure reports relating to geography, peril, and event concentration, including politically sensitive regions
• Support internal and external reporting requirements relating to aggregate exposure and risk position
• Ensure underwriting decisions appropriately reflect exposure limits and aggregation controls
• Act as lead point of contact for key brokers and market partners in the London market
• Communicate underwriting appetite, coverage positions, and market stance clearly and consistently
• Maintain strong market presence and contribute to the firm’s reputation as a leading insurer of Contingency risks
• Work closely with Compliance, Finance, Catastrophe Modelling, Reinsurance, and Operations teams to support underwriting activity
• Respond to senior management queries relating to underwriting decisions, exposure, and portfolio performance
• Support governance processes, internal audits, and regulatory interactions as required
• Contribute to internal initiatives aimed at improving underwriting discipline, efficiency, and controls

Requirements

• London Market Experience
• Strong numeracy
• Well-developed IT skills
• Strong communication skills (verbal and written)
• Ability to work well within a team and build strong relationships with colleagues and clients
• Willingness to learn and work proactively

Skills

• Contingency underwriting
• Event Cancellation
• Non-Appearance
• Prize Indemnity
• Parametric Weather
• Reinsurance
• Policy Wording
• Exposure Management
• Aggregation Risk Management
• Broker Relationship Management
• Market Relationship Management

Location

• London

Work Type

• Permanent
• Full-time

Experience Level

• 5+ years experience in Contingency (Desirable)

Education Level

• Degree level education (Ideally business or economics)
• A level Maths (or equivalent) (Desirable)

Benefits

• Competitive salary
• Employee benefit package

About the Company

• Tokio Marine HCC is one of the world’s leading specialty insurers, recognised for its underwriting expertise, strong balance sheet, and disciplined approach to risk.
• 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.
• TMHCC enables you to take on opportunities with confidence.
• At Tokio Marine HCC, we pride ourselves on hiring the smartest, most conscientious people, who want to make a difference no matter their background.
• We’re always looking for curious, creative transformative thinkers who want to change the status quo and have a passion for doing the right thing.

Equal Opportunity

• The Tokio Marine HCC Group of companies is an equal opportunity employer.