Sr. Underwriting Assistant (Finance)
JOB DESCRIPTION
Description
Chubb Limited is currently seeking a Senior Underwriting Associate to join the Global Accounts Branch within Global Services located in Whitehouse Station, NJ.
Position Description:
The Senior Underwriting Associate (SUA) 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. The SUA gathers and analyzes account-specific information (including but not limited to loss information, exposures, financials, loss control reports) and prepares a risk report for referral to the Underwriter; corresponds with both local U.S. producers and overseas underwriters to compile necessary information; develops information and recommendations based upon the account review; determines strategy in conjunction with the underwriter; handles 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; ensures internal and external service standards are met to achieve a high level of customer satisfaction. This position may be assigned renewal underwriting authority. The SUA may also help with training and developing more junior UAs.
Roles/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
MINIMUM REQUIREMENTS:
Duties require the application of technical knowledge to diverse situations and action taken as a result of judgement. The selected candidate must have 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
QUALIFICATIONS
ABOUT US
Chubb is a world leader in insurance. 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.
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, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
