NA Legal and Compliance (L&C) - Philosophy and Culture Statement: L&C is committed to providing best-in-class legal and compliance services to our business partners. L&C emphasizes teamwork, expertise and a “can-do” attitude. Operating as a best-in-class organization requires a commitment to constant improvement and an on-going commitment to adding value – every day, by every team member. The group takes pride in delivering consistent customer satisfaction, advancing self-development among team members, participating in company and team initiatives – all with a focus on superior execution.
Major Duties and Responsibilities:
• Maintain rating engines used for various lines of insurance using Ratabase Next Generation.
• Design, create and implement desired rating information and solutions in the Ratabase Next Gen application. Test changes within Ratabase, to ensure desired outcome is according to requirements and in compliance with filed company rate and rule filings.
• Review work authorization requests, requirements documents and/or Circulars/Bulletins and prior change documentation to understand changes needed and how to affect the change in the specific system.
• Maintain updates to existing tables and algorithms within various rating databases.
• Maintain informational logs, write technical specifications documents and other Quality Assurance control mechanisms.
• Provide IT with changes made so they can determine changes needed for the interface and or policy print.
• Assist as needed and participate in work sessions with Rate Analysts, Rate Specialists, Product Managers, IT and business customers to develop knowledge and experience with rating needs and impact to other areas to assist in rating system design.
• Learn and keep current with rating and rating plans for various lines of insurance.
• Assist in maintaining documentation needed for communications and vital records.
• Analyze rating problems in effort to provide solutions to resolving problems.
• Perform work in a manner that is focused on exceeding customer’s expectations.
• Manage or participate in special projects at management request as needed.
QualificationsEducation and Experience:
• Knowledge of policy rating systems; Ratabase Next Generation a plus but will train.
• Bachelor’s degree or knowledge of insurance coverage/rating plans for Commercial Auto, General Liability or Workers Compensation is desired.
General Skills:
• Good quantitative and problem-solving skills
• Ability to work in a team-based collaborative setting.
• Ability to manage a number of projects, and competing priorities with the flexibility to change priorities to meet customer and company needs.
Personal Qualities:
• Strong desire to be responsive to customer needs
• Self-motivated with a strong work ethic • Energetic, enthusiastic and has a positive attitude
About UsTop Skills
What We Do
Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs 31,000 people worldwide. Additional information can be found at: chubb.com.
