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Underwriting Associate for Surety – Strong UA Experience with Excellent MS Office Skills
at Chubb Insurance in Chicago, IL
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.
Current, Chubb is seeking a Surety Underwriting Associate for our Chicago, IL office.
The Underwriting Associate is responsible for providing support for Surety underwriters in managing renewal, prospect, and submission account information. Key components of the position include documenting changes in risk in order to facilitate underwriter analysis, maintain producer relationships and contribute to the achievement of Surety goals.
Critical Success Factors for the Position:
• Ability to work closely with the underwriter. Establish good rapport and credibility with the underwriting team. Ability to take direction.
• Ability to work independently
• Takes a proactive stance to raising, addressing, and resolving issues
• Willing to learn and work on additional tasks
• Demonstrates capacity to develop analytical skills
• Possesses exceptional organizational skills
• Possesses excellent written and oral communication
• Experience with maintaining electronic information/data
Fundamental Role Responsibilities:
• Retrieves and compiles information needed for analysis (such as: financials, news articles, board information, D&B reports etc)
• Enters financial statements into Surety system
• Tracks backlog and produces quarterly exposure reports
• Works closely with the Premium Accounting Department on resolving premium collection discrepancies
• Manages information exchange between Home Office and Surety Service Processing Center
• Adheres to established workflows
• Reviews and processes bond requests
• Manages a diary system for information follow-up
Key Competencies/Skills:
• Expertise with Word and Excel
• Demonstrates an understanding and knowledge of rating/pricing, underwriting principles, underwriting information
• Demonstrates effective use of underwriting/pricing tools
• Knowledge of general accounting principles
• Ability to recognize exposure to loss
• Demonstrates effective collaboration skills with internal and external audiences, including underwriters and agents
• Demonstrates ability to work in a fast-paced and changing business environment
• Strong time management and prioritization skills
• Proactive
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 9201.
http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=9201&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 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.
Current, Chubb is seeking a Surety Underwriting Associate for our Chicago, IL office.
The Underwriting Associate is responsible for providing support for Surety underwriters in managing renewal, prospect, and submission account information. Key components of the position include documenting changes in risk in order to facilitate underwriter analysis, maintain producer relationships and contribute to the achievement of Surety goals.
Critical Success Factors for the Position:
• Ability to work closely with the underwriter. Establish good rapport and credibility with the underwriting team. Ability to take direction.
• Ability to work independently
• Takes a proactive stance to raising, addressing, and resolving issues
• Willing to learn and work on additional tasks
• Demonstrates capacity to develop analytical skills
• Possesses exceptional organizational skills
• Possesses excellent written and oral communication
• Experience with maintaining electronic information/data
Fundamental Role Responsibilities:
• Retrieves and compiles information needed for analysis (such as: financials, news articles, board information, D&B reports etc)
• Enters financial statements into Surety system
• Tracks backlog and produces quarterly exposure reports
• Works closely with the Premium Accounting Department on resolving premium collection discrepancies
• Manages information exchange between Home Office and Surety Service Processing Center
• Adheres to established workflows
• Reviews and processes bond requests
• Manages a diary system for information follow-up
Key Competencies/Skills:
• Expertise with Word and Excel
• Demonstrates an understanding and knowledge of rating/pricing, underwriting principles, underwriting information
• Demonstrates effective use of underwriting/pricing tools
• Knowledge of general accounting principles
• Ability to recognize exposure to loss
• Demonstrates effective collaboration skills with internal and external audiences, including underwriters and agents
• Demonstrates ability to work in a fast-paced and changing business environment
• Strong time management and prioritization skills
• Proactive
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 9201.
http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=9201&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 May 27, 2011
Viewed: 883 times
Viewed: 883 times
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