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Full-time Surety Trainee

at Chubb Insurance in Cincinnati, OH

Surety Trainee
About the Job
For nearly 130 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 10,100 employees. The Chubb Corporation reported $50 billion in assets and $13 billion in revenues in 2010.
According to Fortune magazine, Chubb is the 185th largest U.S.-based corporation. Forbes listed Chubb as one of America’s 100 Most Trustworthy Companies.

We have emerged as a leader in the insurance industry not only on the basis of our size or our longevity. We consistently strive to build lasting relationships with our customers and 8,500 independent agents and brokers, and we aim to be the best at what we do by delivering unparalleled service and innovative, scalable.

Position Description
Surety Trainees participate in our surety training program with the ultimate goal to become Surety Underwriters. The one-year long training program combines on the job and formal class work.

In the training program, a Surety Trainee learns the fundamentals of the surety business, acquires an understanding of Chubb’s underwriting philosophy and tools, develops the financial acumen necessary to become an underwriter, learns about the structure of the company and the department, and gains knowledge about the insurance industry while developing his/her business and communication skills.

While in the training program, Surety Trainees contribute to the achievement of the Surety Department goals by assisting in the underwriting and service functions of the Department and are expected to assume greater responsibilities as their underwriting abilities develop.

Surety Underwriters will have underwriting as well as marketing responsibilities on an assigned book of business. The underwriting responsibilities include reviewing and evaluating financial information and contract documents, forming an opinion and making recommendations based on that information. The position includes marketing responsibilities such as maintaining and servicing existing accounts, developing new relationships, and visiting with customers and agents regularly.

Competencies/Tech Skills
- College Degree (financial or accounting course work desirable)
- 3.0 GPA or higher
- Excellent written and oral communication and presentation skills
- Strong financial background (banking, financial services or construction)
- Significant analytical skills
- Exceptional organizational skills


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 9570.

http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=9570&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 Aug 25, 2011
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