Combined Insurance U/W Assistant in United States
Underwriting Assistant Chubb is the world’s largest publicly traded property and casualty insurer. With operations in 54 countries, 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. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.
Currently, Chubb is seeking an Underwriting Assistant (UA) to support North America Commercial Insurance in the New York office. The UA contributes to the success of the underwriting goals as well as corporate goals relating to growth, profit, renewal retention, service, and producer/client management. The UA analyzes account specific information (including but not limited to loss information, financials, compliance and loss control reports) and prepares risk reports for referral to Underwriters; develops recommendations based on account analysis that will be used as the basis for renewal strategy; determines pricing strategy in conjunction with Underwriter; coordinates the renewal process for the Underwriter; reviews submission information with the Underwriter; is accountable for the quotation, rate, book and issue processes for policies and endorsements; and ensures electronic file integrity. This operations position has dual accountability to underwriting management and operations.
Key objective To provide technical underwriting and administrative support to commercial insurance FPC segment
Researches and provides underwriting analysis of account information and formulates recommendations on risk acceptability and ensures overall regulatory compliance.
Compiles and documents risk analysis and ensures integrity of electronic files.
Coordinates account processing and servicing.
Review, verify and publish all documents.
Researches and follow up on Producer inquiries.
Serves as the first-line point of contact for internal and external contacts on account related matters. Knowledge & Skills:
Aptitude for compiling, evaluating and interpreting detailed information and data.
Ability to track outstanding assignments and follow through with others as necessary
Ability to independently multi-task and respond to changing business priorities
Demonstrated ability to interact with a wide variety of people on a daily basis in person, via telephone and email
Proficiency in expressing oneself clearly and effectively verbally and in writing
Must be highly organized and able to manage work time/activities in a structured environment with predetermined deadlines (monthly, quarterly, etc.)
Ability to recognize and evaluate exposure to loss
Demonstrates solid, consistent technical proficiency of Underwriting, Compliance Guidelines and underlying risk management philosophy
Strong analytical and problem solving skills
2-3 year’s insurance experience strongly preferred Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran or marital status, or any other characteristic protected by law.
Title: U/W Assistant
Requisition ID: 315546