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Global Accounts Branch Underwriter – 5+ yrs Exp – Strong Casualty Needed
at Chubb Insurance in New Jersey
For more than 125 years, the Chubb Group of Insurance Companies has been delivering exceptional property and casualty insurance products and services to businesses and individuals around the world.
Today, we are the 11th largest property and casualty insurer in the United States and have a worldwide network of some 120 offices in 27 countries staffed by 10,400 employees. The Chubb Corporation reported $48 billion in assets and $13.2 billion in revenues in 2008. According to Fortune magazine, Chubb is the 203rd largest U.S.-based Corporation. The magazine also includes Chubb in its list of “America’s Most Admired Companies.” Forbes listed Chubb as one of America’s 400 Best Big Companies.
Chubb has maintained its reputation and financial stability with underwriting expertise, unparalleled customer service, unique industry-specific specialization and a deep respect for all of our employees.
Currently, Chubb is seeking a Global Accounts Branch (GAB) Underwriter for the Whitehouse Station, NJ office.
Job Description:
The GAB Underwriter will be responsible for reviewing and evaluating renewal and new business accounts in accordance with established underwriting guidelines. This position includes accounts of all sizes with a focus on mid to large commercial lines business. Lines of business includes package, automobile, WC and umbrella across all customer groups for reverse flow business. Reverse flow business is the U.S. portion of an account controlled by a Chubb international branch. The GAB Underwriter will work closely with the overseas producing branch and the U.S. broker to coordinate all aspects of underwriting and account management to integrate the U.S. coverage into a worldwide insurance program. The Underwriter will be responsible for building relationships with brokers and international underwriters. The Underwriter will be responsible for negotiating price, developing prospects and account management. In addition this position entails managing profitability, retention, rate and growth. The Underwriter will be responsible for conducting renewal review for the territory assigned.
The individual must be able to work effectively and collaborate with a team of underwriters, underwriting associates, claims and loss control personnel. The position requires periodic travel domestically and internationally. It is expected that the underwriter will manage an $8-$9M book of business. The position affords high visibility with key HO LOB and customer group managers.
Competencies/Technical Skills:
• Minimum of 5 years underwriting U.S. package, automobile, worker’s compensation and umbrella
• Capable of handling complex accounts
• Demonstrate initiative
• Demonstrate strong time management skills
• Demonstrate ability to work independently while demonstrating strong collaboration skills in a team environment
• Demonstrate excellent verbal and written communication skills
• Proven negotiation skills
• Demonstrate strong analytical skills
• Possess strong account management skills
• Demonstrate strong technical expertise and product specific knowledge
• Strong interpersonal skills
• Provide leadership and guidance to underwriters within the unit for area(s) of expertise
• Continue to develop technical skills through on-going training, collaboration with LOB and Customer Group Management
• Assess technical skill levels of team: suggest training as needed and conduct training as per agreement from Manager/Supervisor
Education Required: Bachelor’s degree or equivalent experience
Chubb prides itself on the ability to provide all employees with an extraordinary work environment which promotes teamwork, diversity and incentives for those who exceed expectations. Chubb has been recognized as one of the top 50 companies for diversity by DiversityInc magazine, one of America’s most admired companies by Forbes, and one of the top 100 companies to work for by Fortune.
Chubb's compensation and benefit plans work together to create a Total Rewards Program for our employees that is among the best in our industry. As a global organization, we work hard to achieve our goal of providing flexible and competitive compensation and benefits packages in each local market in which we operate. Our goal is to exceed average market practices for our performers. For more information about Chubb and our benefits, visit our website at www.chubb.com.
All interested applicants must apply online at www.chubb.apply2jobs.com Reference Requisition number 7860.
http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=7860&CurrentPage=2
Chubb & Son, Inc., a division of Federal Insurance Company, does not accept resumes from unsolicited third party agencies or recruiters. No fees will be paid to third parties who submit unsolicited candidates in this manner.
Today, we are the 11th largest property and casualty insurer in the United States and have a worldwide network of some 120 offices in 27 countries staffed by 10,400 employees. The Chubb Corporation reported $48 billion in assets and $13.2 billion in revenues in 2008. According to Fortune magazine, Chubb is the 203rd largest U.S.-based Corporation. The magazine also includes Chubb in its list of “America’s Most Admired Companies.” Forbes listed Chubb as one of America’s 400 Best Big Companies.
Chubb has maintained its reputation and financial stability with underwriting expertise, unparalleled customer service, unique industry-specific specialization and a deep respect for all of our employees.
Currently, Chubb is seeking a Global Accounts Branch (GAB) Underwriter for the Whitehouse Station, NJ office.
Job Description:
The GAB Underwriter will be responsible for reviewing and evaluating renewal and new business accounts in accordance with established underwriting guidelines. This position includes accounts of all sizes with a focus on mid to large commercial lines business. Lines of business includes package, automobile, WC and umbrella across all customer groups for reverse flow business. Reverse flow business is the U.S. portion of an account controlled by a Chubb international branch. The GAB Underwriter will work closely with the overseas producing branch and the U.S. broker to coordinate all aspects of underwriting and account management to integrate the U.S. coverage into a worldwide insurance program. The Underwriter will be responsible for building relationships with brokers and international underwriters. The Underwriter will be responsible for negotiating price, developing prospects and account management. In addition this position entails managing profitability, retention, rate and growth. The Underwriter will be responsible for conducting renewal review for the territory assigned.
The individual must be able to work effectively and collaborate with a team of underwriters, underwriting associates, claims and loss control personnel. The position requires periodic travel domestically and internationally. It is expected that the underwriter will manage an $8-$9M book of business. The position affords high visibility with key HO LOB and customer group managers.
Competencies/Technical Skills:
• Minimum of 5 years underwriting U.S. package, automobile, worker’s compensation and umbrella
• Capable of handling complex accounts
• Demonstrate initiative
• Demonstrate strong time management skills
• Demonstrate ability to work independently while demonstrating strong collaboration skills in a team environment
• Demonstrate excellent verbal and written communication skills
• Proven negotiation skills
• Demonstrate strong analytical skills
• Possess strong account management skills
• Demonstrate strong technical expertise and product specific knowledge
• Strong interpersonal skills
• Provide leadership and guidance to underwriters within the unit for area(s) of expertise
• Continue to develop technical skills through on-going training, collaboration with LOB and Customer Group Management
• Assess technical skill levels of team: suggest training as needed and conduct training as per agreement from Manager/Supervisor
Education Required: Bachelor’s degree or equivalent experience
Chubb prides itself on the ability to provide all employees with an extraordinary work environment which promotes teamwork, diversity and incentives for those who exceed expectations. Chubb has been recognized as one of the top 50 companies for diversity by DiversityInc magazine, one of America’s most admired companies by Forbes, and one of the top 100 companies to work for by Fortune.
Chubb's compensation and benefit plans work together to create a Total Rewards Program for our employees that is among the best in our industry. As a global organization, we work hard to achieve our goal of providing flexible and competitive compensation and benefits packages in each local market in which we operate. Our goal is to exceed average market practices for our performers. For more information about Chubb and our benefits, visit our website at www.chubb.com.
All interested applicants must apply online at www.chubb.apply2jobs.com Reference Requisition number 7860.
http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=7860&CurrentPage=2
Chubb & Son, Inc., a division of Federal Insurance Company, does not accept resumes from unsolicited third party agencies or recruiters. No fees will be paid to third parties who submit unsolicited candidates in this manner.
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Published on Jul 10, 2010
Viewed: 1074 times
Viewed: 1074 times
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