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Underwriter in Chicago, IL at Chubb Group of Insurance Companies

Date Posted: 8/14/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    525 West Monroe Street
    Chicago, IL
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    8/14/2018

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

  • 2-4 years underwriting experience
  • Bachelor’s degree

DESIRED QUALIFICATIONS

  • Experience in underwriting environmental lines of business. This includes but is not limited to environmental package and monoline pollution products.
  • Business Acumen
  • Good Level of Product Knowledge including:
    • Exposure Analysis
    • Form & Coverages
    • Rating Principles and Mechanics
  • Negotiation & Presentation Skills
  • Proven Broker Relations & Customer Management skill set
  • Experience working in the E&S/wholesale market space
  • Strong Verbal and Written Communication Skill
    • Strong organizational skills with attention to detail
    • Ability to work effectively in a team

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
  • 2-4 years underwriting experience
  • Bachelor’s degree
DESIRED QUALIFICATIONS

  • Experience in underwriting environmental lines of business. This includes but is not limited to environmental package and monoline pollution products.
  • Business Acumen
  • Good Level of Product Knowledge including:
    • Exposure Analysis
    • Form & Coverages
    • Rating Principles and Mechanics
  • Negotiation & Presentation Skills
  • Proven Broker Relations & Customer Management skill set
  • Experience working in the E&S/wholesale market space
  • Strong Verbal and Written Communication Skill
    • Strong organizational skills with attention to detail
    • Ability to work effectively in a team

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