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Underwriter, Financial Institutions in Chicago, IL at Chubb Group of Insurance Companies

Date Posted: 8/5/2018

Job Snapshot

Job Description

The Underwriter’s primary responsibility is to underwrite individual risks. 

MAJOR DUTIES & RESPONSIBILITIES:

Duties may include but are not limited to:

  • Solicits new and renewal submissions from brokers
  • Determines terms and conditions and complex rating plans
  • Binds coverage
  • Documents the underwriting files
  • Handles more complex files and portfolios within underwriting authority

MINIMUM REQUIREMENTS

  • 3-5 years underwriting experience
  • Bachelor’s degree

DESIRED QUALIFICATIONS

  • Knowledge of insurance industry
  • Knowledge of underwriting concepts, practices, and procedures
  • Microsoft Word, Excel, and Outlook
  • Internet usage
  • Oral and written communication skills
  • Negotiation skills Marketing skills

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