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Underwriting Account Representative in New York, NY at Chubb Group of Insurance Companies

Date Posted: 7/3/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    1133 6th Avenue
    New York, NY
  • Job Type:
    Sales
  • Experience:
    Not Specified
  • Date Posted:
    7/3/2018

Job Description

Job Title: Financial Lines Underwriting Account Representative
For more than 130 years, the Chubb Insurance has been delivering exceptional property and casualty insurance products and services to businesses and individuals around the world.
Chubb is currently seeking a qualified candidate to fill the position of Underwriting Account Representative in its New York office. As a UAR you are accountable to:
  • Contribute to the achievement of Operations and Financial Lines goals relating to growth, profit, renewal retention and service
  • Bind, book and issue new line and renewal policies, midterm endorsements, and cancellations in applicable rating and issuance systems in accordance with standardized workflows
  • Review renewal submissions for receipt of all underwriting information and follow up with producer for missing information
  • Analyze renewal information submitted by producer including loss information, application and financial reports
  • Complete underwriting analysis template and documents template with renewal changes for referral to underwriter
  • Rate renewal policies and determine pricing strategy in conjunction with underwriter
  • Coordinate quotation process and complete quote letter for referral to underwriter
  • Provide rating, quoting and issuance support on all new lines
  • Conduct clearance and process all transactions in appropriate systems
  • Completes follow up on manuscript endorsement requests
  • Communicate open item status with producers and underwriters
  • Research and resolve premium discrepancies and compliance issues
  • Assist with account management and achievement of service goals
  • Conduct periodic agency travel
Knowledge, skills and abilities:
  • Strong written and verbal communication skills and customer service orientation
  • Demonstrated ability to collaborate with others both internally and externally in a professional, courteous and competent manner
  • Ability to multi-task and to independently prioritize competing demands and requests within given time constraints
  • Fundamental knowledge of underwriting principles and the insurance industry preferred but not required
  • Basic understanding of financial concepts and terminology
  • High proficiency in MS Word and Excel
  • Mathematical aptitude
Education and/or Experience:
  • High school diploma or equivalent
  • Previous experience in a similar role preferred