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Skilled Underwriting Associate Needed – Strong Technical Knowledge & Excellent Organizational Skills
at Chubb Insurance in Whitehouse Station, NJ
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 an Underwriting Associate for our Affiliate Managers Branch in the Whitehouse Station, NJ office.
Position Description:
The Underwriting Associate will contribute to the achievement of the Affiliate Managers Branch goals as well as corporate goals relating to growth, profit, renewal retention, service and producer/client management. The Branch is responsible for commercial U.S. policies which are part of an overall account managed on behalf of Chubb Affiliates.
Job Duties will include:
• Gathers and analyzes account-specific information (including but not limited to loss information, exposures, financial, loss control reports) and prepares risk report for referral to the Underwriter
• Corresponds with both local U.S. producers and Affiliate underwriters to compile necessary information
• Coordinates the new line and renewal process and develops information and recommendations, based on the account analysis that will be used as the basis for the underwriting strategy
• Determines pricing strategy in conjunction with underwriter
• Handles all coordination of accounts being sent to the Processing Center and completes all issuance instructions including appropriate forms, coverage and final premium
• Ensures electronic file integrity
• Ensure internal and external service standards are met to achieve a high level of customer satisfaction
• May include renewal-underwriting authority
Competencies/Technical Skills:
Duties require the application of technical knowledge to diverse situations and action taken as a result of judgment. The selected candidate must have strong communication, multitasking, and organizational skills.
In addition, the individual must demonstrate:
• Mathematical aptitude
• Knowledge of underwriting principles
• Knowledge of policy forms
• Knowledge of rating, underwriting and rate/rule manuals
• Ability to Recognize exposure to loss
• Proficiency in Word, Excel, and PowerPoint
• Ability to organize work and perform within time constraints
• Strong written, verbal communication skills.
• Proficiency in on-line reference manuals, familiarity with ISO work comp bureaus and other regulatory agencies as appropriate to states
• Prior insurance industry experience is 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 9397.
http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=9397&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 an Underwriting Associate for our Affiliate Managers Branch in the Whitehouse Station, NJ office.
Position Description:
The Underwriting Associate will contribute to the achievement of the Affiliate Managers Branch goals as well as corporate goals relating to growth, profit, renewal retention, service and producer/client management. The Branch is responsible for commercial U.S. policies which are part of an overall account managed on behalf of Chubb Affiliates.
Job Duties will include:
• Gathers and analyzes account-specific information (including but not limited to loss information, exposures, financial, loss control reports) and prepares risk report for referral to the Underwriter
• Corresponds with both local U.S. producers and Affiliate underwriters to compile necessary information
• Coordinates the new line and renewal process and develops information and recommendations, based on the account analysis that will be used as the basis for the underwriting strategy
• Determines pricing strategy in conjunction with underwriter
• Handles all coordination of accounts being sent to the Processing Center and completes all issuance instructions including appropriate forms, coverage and final premium
• Ensures electronic file integrity
• Ensure internal and external service standards are met to achieve a high level of customer satisfaction
• May include renewal-underwriting authority
Competencies/Technical Skills:
Duties require the application of technical knowledge to diverse situations and action taken as a result of judgment. The selected candidate must have strong communication, multitasking, and organizational skills.
In addition, the individual must demonstrate:
• Mathematical aptitude
• Knowledge of underwriting principles
• Knowledge of policy forms
• Knowledge of rating, underwriting and rate/rule manuals
• Ability to Recognize exposure to loss
• Proficiency in Word, Excel, and PowerPoint
• Ability to organize work and perform within time constraints
• Strong written, verbal communication skills.
• Proficiency in on-line reference manuals, familiarity with ISO work comp bureaus and other regulatory agencies as appropriate to states
• Prior insurance industry experience is 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 9397.
http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=9397&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 02, 2011
Viewed: 1132 times
Viewed: 1132 times
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