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Minneapolis Surety Underwriter
at Chubb Insurance in Minnesota
Minneapolis Surety Underwriter
Minneapolis, MN
For more than 125 years, Chubb & Son, a division of Federal Insurance Company 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 28 countries staffed by 10,600 employees. The Chubb Corporation reported $50.6 billion in assets and $14.1 billion in revenues in 2007. According to Fortune magazine, Chubb is the 176th 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.
We are currently seeking an Underwriter to work with our Surety Team in our Minneapolis Branch. This Underwriter is responsible for the development and fulfillment of goals established for profit, service and relationship management with branches, producers and accounts. The candidate must work independently as well as part of an established team while operating within the branch structure to include interacting with the home office and agency plant driving the dual underwriting process. Accountability for making recommendations and decisions according to established parameters and conveying to Home Office for concurrence on a timely basis is a key underwriting responsibility as well as:
• Active travel to effectively manage the assigned territory in order to maintain existing relationships as well as develop new business relationships to achieve goals.
• Participation in the development of trainees.
• Support of fellow underwriters as needed to manage peaks in workflows.
• Review and monitor all assigned account Reports of Execution (ROE) and documentation to ensure compliance with rate, commission and all other underwriting guidelines.
• Assistance with premium collection function.
Knowledge, Skills and Abilities:
• 3 years or more Field and/or Home Office underwriting experience
• Excellent written and oral communication skills
• Ability to communicate at all levels within the department and with senior management of agency plant and with clients
• Exceptional organizational skills
• Ability to prioritize and manage multiple responsibilities
• Ability to prioritize and manage all aspects of assigned book of business
• Ability to work in a team environment
• Possess developing financial and business analytical skills in surety
• Demonstrated ability to make independent recommendations on complex issues
• Bachelor's Degree or significant work experience required.
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 8200.
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.
Minneapolis, MN
For more than 125 years, Chubb & Son, a division of Federal Insurance Company 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 28 countries staffed by 10,600 employees. The Chubb Corporation reported $50.6 billion in assets and $14.1 billion in revenues in 2007. According to Fortune magazine, Chubb is the 176th 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.
We are currently seeking an Underwriter to work with our Surety Team in our Minneapolis Branch. This Underwriter is responsible for the development and fulfillment of goals established for profit, service and relationship management with branches, producers and accounts. The candidate must work independently as well as part of an established team while operating within the branch structure to include interacting with the home office and agency plant driving the dual underwriting process. Accountability for making recommendations and decisions according to established parameters and conveying to Home Office for concurrence on a timely basis is a key underwriting responsibility as well as:
• Active travel to effectively manage the assigned territory in order to maintain existing relationships as well as develop new business relationships to achieve goals.
• Participation in the development of trainees.
• Support of fellow underwriters as needed to manage peaks in workflows.
• Review and monitor all assigned account Reports of Execution (ROE) and documentation to ensure compliance with rate, commission and all other underwriting guidelines.
• Assistance with premium collection function.
Knowledge, Skills and Abilities:
• 3 years or more Field and/or Home Office underwriting experience
• Excellent written and oral communication skills
• Ability to communicate at all levels within the department and with senior management of agency plant and with clients
• Exceptional organizational skills
• Ability to prioritize and manage multiple responsibilities
• Ability to prioritize and manage all aspects of assigned book of business
• Ability to work in a team environment
• Possess developing financial and business analytical skills in surety
• Demonstrated ability to make independent recommendations on complex issues
• Bachelor's Degree or significant work experience required.
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 8200.
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 Sep 23, 2010
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Viewed: 445 times
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