The Underwriting Assistant (UA) will contribute to the achievement of the Global Serviced Branch goals as well as corporate goals relating to the growth, profit, renewal retention, service, and producer/client management. The branch is responsible for commercial U.S. policies which are part of an overall account managed on behalf of Chubb’s international zones.
Responsibilities
- Reviews submission information with the underwriter, researches and provides analysis of account information, and ensures overall regulatory compliance.
- Compiles and documents the risk report and underwriting strategy
- Coordinates account processing and servicing
- Coordinates the quoting, booking and issuance process with the CSR and completes the risk report for referral to the Underwriter
- Reviews, verifies, and publishes all documents in the electronic customer file
- Researches and responds to Producer and Overseas Underwriter inquires
- Serves as the first point of contact for internal and external contacts on account related matters
- Ensures MAX and other tracking systems are updated timely
- Gathers and analyze account-specific information (including but not limited to loss information, exposures, financials, loss control reports) and prepares a risk report for referrals to the Underwriter
- Correspond with both local U.S. producers and overseas underwriters to compile necessary information, develop information and recommendations based upon the account review
- Determine strategy in conjunction with the underwriter
- Handle all coordination of accounts being sent to the Processing Center and completes all rating and issuance instructions including appropriate forms, coverages and final premium
- Ensures electronic file integrity and ensures internal and external service standards are met to achieve a high level of customer satisfaction. This position may be assigned renewal underwriting authority.
- Application of technical knowledge to diverse situations and action taken as a result of judgement.
- Strong communication, multi-tasking, and organizational skills. In addition, the individual must demonstrate:
- Ability to work both independently as well as operate and contribute positively in a team-based environment
- Strong verbal and written communication skills.
- Superior time utilization, organizational and analytical skills.
- Ability to research, think critically, analyze, prioritize, take initiative, problem solve, and work under pressure to meet critical deadlines
- Ability to respond to changing business priorities
- Ability to work autonomously and to take multiple tasks to completion
- Ability to track assignments and follow through with others as necessary
- Must be detail-oriented with the ability to compile, evaluate and interpret detailed information and data
- Organized, energetic, and easily adaptable to change
- Flexible and adaptable to change
- Strong data entry and computer skills; proficient in Microsoft Word/Excel/Outlook
- Demonstrated math aptitude
DESIRED QUALIFICATIONS:
- 2+ years of prior commercial insurance underwriting support experience.
- Knowledge of rating systems, underwriting rate/rule manuals; Proficient in online reference manuals and familiar with other regulatory agencies
- Knowledge of electronic systems, underwriting principles, policy forms and the ability to recognize exposure to loss
The pay range for the role is $52,800 to $73,700. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.
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.
