This job ad has been posted over 60 days ago...
0
applicants
Commercial Underwriter Trainee – Must have 2+ years of Successful Sales/Marketing Experience
at Chubb Insurance in Los Angeles, CA
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 Trainee to join our Commercial Insurance Team in our regional Los Angeles, CA office.
Production Underwriter Trainees learn to analyze customer's insurance needs and provide solutions to respond to them. Upon successful completion of our training (may include self-study, computer based training, classroom training and on-the-job development), a trainee will be expected to contribute to team and branch results by participating in the book of underwriting business and supporting the more experienced underwriters.
Specifically, trainees will:
• Develop proficiency in general insurance theories and practices as well as the specific underwriting strategies for their business unit
• Develop an expertise in analyzing customer needs and develop insurance programs to meet those needs
• Contribute to the financial performance of the underwriting unit throughout the training period by assisting in the negotiating of price, coverage, and terms for
renewals
• Analyze exposures, determining whether the risk continues to meet Chubb's underwriting criteria, proposing terms and pricing, and ensuring proper documentation
• Build relationships with agents and engage in marketing efforts
• Identify cross sell opportunities
• Meet with producers to make sales presentations including product education and new product roll out
• Collaborate with underwriters, operations, claims, marketing and home office product management
• Meet service standards consistently
• Collect and share industry intelligence with team, including industry trending and development
• Deal effectively with a wide variety of people
• Demonstrate an aptitude for evaluating, analyzing and interpreting information
• Demonstrate and utilize strong verbal and written communication skills
Position Requirements:
• Two years of a proven track record of success in a sales/marketing position in any industry.
• Demonstrate potential to be entrepreneurial and manage a 4 to 6 million dollar book of business
• Demonstrated self-starter
• Strong time management and prioritization skills
• Strong interpersonal, communication and negotiation skills. Ability to effectively interact with all levels of internal and external business partners
• Proven track record of superior performance and leadership
• Ability to be creative and adaptable in a changing business environment
• Demonstrated ability to develop creative, innovative solutions
• Sound, balanced and timely decision making skills
• Aptitude for evaluating, analyzing and interpreting information
• Cultivate relationships with insurance agents and brokers in order to learn more about their clients' needs and to encourage them to submit business that meets Chubb's underwriting standards
• Investigate, evaluate and analyze a diverse group of potential clients to determine if they meet Chubb's selection criteria
• Learn the clients' business well enough to develop appropriate terms, conditions and prices for the insurance contracts
• Negotiate with insurance agents and brokers in a way that meets the clients' needs, while also achieving a profit for Chubb
• Strong financial analysis skills strongly preferred.
• Demonstrate adaptability / flexibility
• Knowledge of Microsoft Office Suite as well as other business-related software
Education and Experience:
• College degree preferred.
• Two years of a proven track record of success in a sales/marketing position (in any industry).
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 9517.
http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=9517&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.
We are currently seeking an Underwriter Trainee to join our Commercial Insurance Team in our regional Los Angeles, CA office.
Production Underwriter Trainees learn to analyze customer's insurance needs and provide solutions to respond to them. Upon successful completion of our training (may include self-study, computer based training, classroom training and on-the-job development), a trainee will be expected to contribute to team and branch results by participating in the book of underwriting business and supporting the more experienced underwriters.
Specifically, trainees will:
• Develop proficiency in general insurance theories and practices as well as the specific underwriting strategies for their business unit
• Develop an expertise in analyzing customer needs and develop insurance programs to meet those needs
• Contribute to the financial performance of the underwriting unit throughout the training period by assisting in the negotiating of price, coverage, and terms for
renewals
• Analyze exposures, determining whether the risk continues to meet Chubb's underwriting criteria, proposing terms and pricing, and ensuring proper documentation
• Build relationships with agents and engage in marketing efforts
• Identify cross sell opportunities
• Meet with producers to make sales presentations including product education and new product roll out
• Collaborate with underwriters, operations, claims, marketing and home office product management
• Meet service standards consistently
• Collect and share industry intelligence with team, including industry trending and development
• Deal effectively with a wide variety of people
• Demonstrate an aptitude for evaluating, analyzing and interpreting information
• Demonstrate and utilize strong verbal and written communication skills
Position Requirements:
• Two years of a proven track record of success in a sales/marketing position in any industry.
• Demonstrate potential to be entrepreneurial and manage a 4 to 6 million dollar book of business
• Demonstrated self-starter
• Strong time management and prioritization skills
• Strong interpersonal, communication and negotiation skills. Ability to effectively interact with all levels of internal and external business partners
• Proven track record of superior performance and leadership
• Ability to be creative and adaptable in a changing business environment
• Demonstrated ability to develop creative, innovative solutions
• Sound, balanced and timely decision making skills
• Aptitude for evaluating, analyzing and interpreting information
• Cultivate relationships with insurance agents and brokers in order to learn more about their clients' needs and to encourage them to submit business that meets Chubb's underwriting standards
• Investigate, evaluate and analyze a diverse group of potential clients to determine if they meet Chubb's selection criteria
• Learn the clients' business well enough to develop appropriate terms, conditions and prices for the insurance contracts
• Negotiate with insurance agents and brokers in a way that meets the clients' needs, while also achieving a profit for Chubb
• Strong financial analysis skills strongly preferred.
• Demonstrate adaptability / flexibility
• Knowledge of Microsoft Office Suite as well as other business-related software
Education and Experience:
• College degree preferred.
• Two years of a proven track record of success in a sales/marketing position (in any industry).
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 9517.
http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=9517&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.
Recent jobs at Chubb Insurance
Senior Claims Examiner at Chubb Insurance in Simsbury, CT
May 21, 2012
Customer Service Representative -Multiple positions at Chubb Insurance in Chesapeake, VA
May 18, 2012
Auto Claims Examiner at Chubb Insurance in Chesapeake, VA
May 18, 2012
Property Claims Examiner at Chubb Insurance in Chesapeake, VA
May 18, 2012
Auto ReInspector - Req #10552 at Chubb Insurance in Houston, TX
May 02, 2012
Published on Jul 25, 2011
Viewed: 1358 times
Viewed: 1358 times
Search Insurance Jobs by State: