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Senior Underwriting Assistant, Major Accounts in Wilmington, DE at Chubb Group of Insurance Companies

Date Posted: 8/11/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Wilmington
    Wilmington, DE
  • Job Type:
  • Experience:
    At least 2 year(s)
  • Date Posted:
    8/11/2018

Job Description

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.

 

*Position to support New York region however, could be performed in other locations (subject to training availability).

Position Description:

The Underwriting Associate role is a professional support role that performs underwriting technical activities in support of the business unit. The UA works closely with the Underwriter to assist with gathering underwriting information, preparing instructions, performs quality assurance activities and files documentation in the electronic repository. The UA has direct engagement with internal team members and external Agency/Broker partners to manage service. This position is part of our Major/Commercial Accounts team located in Chicago.

The role is evolving to include more engagement in advanced activities related to risk analysis, pricing and referral. Over the course of the next year, the role will be expanded to include more activities related to pricing and risk analysis.

Key Activities:

- Pre Renewal Account Preparation (including Gathering/analyzing underwriting documents)

- Loss Run and Claim review/preparation

- Upload All documents in the electronic File Repository

- Follow up on subjectivities

- Coordinate Policy Issuance working closely with UW team to assure exclusions/forms attached to broker issued Contracts

- Quality check Draft Policies /Endorsements

- Address/resolve all Accounting inquiries

- Assist with Departmental supplies/offsite storage

- Assist with Account Audits

- Special Projects

Knowledge, Skills, and Abilities:

The successful candidate for this position must have demonstrated skills including; the ability to apply critical thinking skills/decision making skills, excellent oral and written communication, the ability to multi-task and organize work to achieve service goals. In addition, the individual must demonstrate the following competencies and behaviors:

- Critical Thinking

- Workload Management & Quality Orientation

- Effectively organizes work to meet business objectives

- Assures accuracy of work produced

- Customer Focus

- Demonstrates timely responses to customer requests

- Understands customer needs and acts on them Communication

- Listens carefully and attentively

- Asks questions to clarify expectations and issues

- Communicates in clear, concise, professional manner (Oral/Written)

- Business and Organizational Knowledge

- Ability to learn and apply business unit objectives

- Ability to learn and adhere to established workflows/procedures

- Ability to learn and understanding Customer Group Underwriting Strategies/Compliance protocols and Customer Service Targets

- Ability to learn and apply underwriting principles, policy coverages and endorsement forms

- Ability to learn and apply financial concepts/terminology

- Technical

- Ability to learn and apply proprietary Chubb Systems

- Proficient in Word/Excel

- Ability to learn/navigate through Underwriting reference tools/guidelines Teamwork

- Shares knowledge and information with others

- Displays a willingness to help others and learn from others

Education and Experience:

- Minimum High School Diploma or equivalent;

- 2 or more years of college and or Previous UA experience 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.