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applicants
Commerical Underwriter with 1-3 years Experience
at Chubb Insurance in New Jersey
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 Underwriter for the Warren, NJ office. This position is for an “Underwriter I” and the ideal experience would be 1-3 years.
As a Commercial Insurance Underwriter, you are accountable for:
• Financial performance of an $7M to $9M book of middle market commercial business in which account premiums range from $50,000 to $1,000,000.
• Achieving profitable growth for the New Jersey within the following lines of business: package, automobile, workers compensation and umbrella for both domestic and international exposures for a wide variety of customers and market segments.
• Soliciting, risk selection and analysis (including documentation), pricing and sales of products and services for new business.
• Successful market penetration and agency management including acting as a key contact to build, maintain and manage customer/producer relationships (including regular agency visits based on business need).
• Identifying opportunities for growth within new and existing production sources.
• Performing front door management to filter new business and reinforce appetite.
• Assist with agency planning and goal setting including monitoring of progress.
• Identifying cross sell opportunities.
• Meeting with new and renewal customers, individually or as part of a Chubb team, to make sales presentations and negotiate coverage's, price, financial terms and service delivery, as necessary.
• Working in a team environment with Underwriters, Loss Control, Claims and Operations.
• Meeting service standards of a customer focused strategy.
• Collecting and sharing competitor data with team.
Knowledge, skills and abilities:
• Working knowledge of commercial underwriting and insurance industry theories and practices.
• Demonstrated technical expertise and product specific knowledge.
• Proven, successful, sales and marketing skills.
• Strong interpersonal, communication and negotiation skills. Ability to effectively interact with all levels of internal and external business partners.
• Candidate should be familiar with developing marketing plans and handling large, complex accounts.
• Knowledge of Microsoft Office Suite as well as other business-related software.
Education and Experience:
• Bachelor's degree or equivalent experience
• Minimum 1 to 3 years of underwriting experience
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 7725.
http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=7725&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 a Commercial Underwriter for the Warren, NJ office. This position is for an “Underwriter I” and the ideal experience would be 1-3 years.
As a Commercial Insurance Underwriter, you are accountable for:
• Financial performance of an $7M to $9M book of middle market commercial business in which account premiums range from $50,000 to $1,000,000.
• Achieving profitable growth for the New Jersey within the following lines of business: package, automobile, workers compensation and umbrella for both domestic and international exposures for a wide variety of customers and market segments.
• Soliciting, risk selection and analysis (including documentation), pricing and sales of products and services for new business.
• Successful market penetration and agency management including acting as a key contact to build, maintain and manage customer/producer relationships (including regular agency visits based on business need).
• Identifying opportunities for growth within new and existing production sources.
• Performing front door management to filter new business and reinforce appetite.
• Assist with agency planning and goal setting including monitoring of progress.
• Identifying cross sell opportunities.
• Meeting with new and renewal customers, individually or as part of a Chubb team, to make sales presentations and negotiate coverage's, price, financial terms and service delivery, as necessary.
• Working in a team environment with Underwriters, Loss Control, Claims and Operations.
• Meeting service standards of a customer focused strategy.
• Collecting and sharing competitor data with team.
Knowledge, skills and abilities:
• Working knowledge of commercial underwriting and insurance industry theories and practices.
• Demonstrated technical expertise and product specific knowledge.
• Proven, successful, sales and marketing skills.
• Strong interpersonal, communication and negotiation skills. Ability to effectively interact with all levels of internal and external business partners.
• Candidate should be familiar with developing marketing plans and handling large, complex accounts.
• Knowledge of Microsoft Office Suite as well as other business-related software.
Education and Experience:
• Bachelor's degree or equivalent experience
• Minimum 1 to 3 years of underwriting experience
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 7725.
http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=7725&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 20, 2010
Viewed: 391 times
Viewed: 391 times
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