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Underwriting Assistant in Philadelphia, PA at Chubb Group of Insurance Companies

Date Posted: 4/22/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    436 Walnut Street
    Philadelphia, PA
  • Job Type:
    Other
  • Experience:
    3 to 5 years
  • Date Posted:
    4/22/2018

Job Description

KEY OBJECTIVE:

Provide technical assistance and policy servicing support to the Construction business unit.

MAJOR DUTIES & RESPONSIBILITIES:

Duties may include but are not limited to:

Submission Activities


•         Review submission and update various systems with account specific data


•         Identify key applicant data elements including exposures and any missing information


•         Complete account clearance and associated work efforts


•         Work with underwriting to populate Underwriting Workbook with rating results

Pre-Bind & Bind Activities:


•         Complete renewal prep activities


•         Complete rating set-up


•         Complete risk assessments


•         Complete pricing models


•         Submit rating & issuance instructions to processing center


•         Assign policy numbers


•         Create and distribute the Account Status Notifications (ASN)


•         Create and distribute the Wilmington Report (Invoicing instructions)


•         Maintain Apollo (electronic) files

Post-bind Activities


•         Obtain and distribute all agreements and associated documents to various departments


•         Submit endorsement and other post-bind requests to processing center


•         Monitor work queue and take appropriate action to ensure timely processing of incoming requests and    responses to all internal and external inquiries


•         Complete policy reviews and quality control underwriting information


•         Monitor contract certainty and liaison with processing team to ensure timely issuance


•         Identify and communicate system related issues to appropriate areas


•         Provide training and assistance as required


•         Perform other duties and special projects as assigned

MINIMUM REQUIREMENTS:


•        Business or Risk Management degree preferred and/or equivalent work experience


•        3-5 years of insurance experience – Construction experience preferred 


•        Must be able to function effectively and efficiently in a time sensitive and high volume environment


•        Strong data entry and computer skills including MS Word and MS Excel


•        Willingness to take ownership for assigned work and production output


•        Commitment to quality


•        Strong communication skills, written and verbal


•       Must communicate effectively with underwriters and brokers

DESIRED QUALIFICATIONS:


•         Ability to work independently, but also support a team environment


•         Strong organizational and prioritization skills


•         Must be detail oriented


•         Flexible and adaptable to change


•         Must be able to multi-task and change direction quickly and efficiently


•         Proficiency in the ACE system applications is preferred