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applicants
Commercial Underwriting Associate
at Chubb Group of Insurance Companies in Washington
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 Commercial Underwriting Associate for its Seattle, WA location.
As a Commercial Underwriting Associate you are accountable for:
• Collaborating with team members to achieve growth, profit, renewal retention, service and producer/client management goals for the Chubb Commercial Insurance Division in the Seattle territory on assigned book of commercial package business consisting of approximately $8,000,000.
• Gathering and analyzing account information (loss information, driver information, financial, loss control reports, etc.) and developing underwriting recommendations and pricing strategy.
• Completing, documenting and referring risk reports to underwriter.
• Handling individual risk inquiries from brokers/agents.
• Coordinating account processing for renewals and new accounts with underwriter and customer service representative.
• Providing rating and issuance instructions including appropriate forms, coverages, and final premium.
• Reviewing submission information with underwriter and preparing quote letter.
• Documenting underwriting analysis information in the electronic file; ensuring electronic file integrity.
• Processing endorsements within designated authority.
Knowledge, skills and abilities:
• Strong written and verbal communication skills.
• Ability to multi-task and to independently prioritize competing demands /requests within given time constraints.
• Must demonstrate strong analytical skills and mathematical aptitude.
• Knowledge of underwriting principles, product-specific coverage, policy forms, pricing tools, regulatory compliance and insurance systems.
• Demonstrated proficiency in using on-line reference manuals.
• Familiarity with ISO workers compensation bureaus and other state regulatory agencies within assigned territory.
• Ability to recognize exposure to a loss.
• Ability to effectively and regularly use multiple electronic systems.
• Proficiency in MS Word and Excel.
• Successful candidate will be placed into an Underwriting Associate level based on experience and demonstrated skills.
Education and Experience:
• High School Diploma or equivalent. Some college preferred. Commercial Package underwriting experience or underwriting assistant 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 7549.
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 Commercial Underwriting Associate for its Seattle, WA location.
As a Commercial Underwriting Associate you are accountable for:
• Collaborating with team members to achieve growth, profit, renewal retention, service and producer/client management goals for the Chubb Commercial Insurance Division in the Seattle territory on assigned book of commercial package business consisting of approximately $8,000,000.
• Gathering and analyzing account information (loss information, driver information, financial, loss control reports, etc.) and developing underwriting recommendations and pricing strategy.
• Completing, documenting and referring risk reports to underwriter.
• Handling individual risk inquiries from brokers/agents.
• Coordinating account processing for renewals and new accounts with underwriter and customer service representative.
• Providing rating and issuance instructions including appropriate forms, coverages, and final premium.
• Reviewing submission information with underwriter and preparing quote letter.
• Documenting underwriting analysis information in the electronic file; ensuring electronic file integrity.
• Processing endorsements within designated authority.
Knowledge, skills and abilities:
• Strong written and verbal communication skills.
• Ability to multi-task and to independently prioritize competing demands /requests within given time constraints.
• Must demonstrate strong analytical skills and mathematical aptitude.
• Knowledge of underwriting principles, product-specific coverage, policy forms, pricing tools, regulatory compliance and insurance systems.
• Demonstrated proficiency in using on-line reference manuals.
• Familiarity with ISO workers compensation bureaus and other state regulatory agencies within assigned territory.
• Ability to recognize exposure to a loss.
• Ability to effectively and regularly use multiple electronic systems.
• Proficiency in MS Word and Excel.
• Successful candidate will be placed into an Underwriting Associate level based on experience and demonstrated skills.
Education and Experience:
• High School Diploma or equivalent. Some college preferred. Commercial Package underwriting experience or underwriting assistant 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 7549.
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Published on Apr 02, 2010
Viewed: 335 times
Viewed: 335 times
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