Underwriting Assistant - OneTenCoalition
New York, NY
About the Job
JOB DESCRIPTION
Currently, Chubb is seeking an Underwriting Assistant (UA) to support North America Major Accounts Real Estate & Hospitality Primary Casualty business, based in the New York Office.
The UA contributes to the success of the underwriting goals as well as corporate goals relating to growth, profit, renewal retention, service, and producer/client management. The UA analyzes account specific information and prepares renewals with updated forms and ratings with outlining changes year-over-year that will be used as the basis for renewal strategy; supports pricing in conjunction with Underwriter; coordinates the renewal process for the Underwriter; reviews submission information with the Underwriter; is accountable for the quotation, rate, book and issue processes for policies and endorsements; and ensures electronic file integrity. This operations position has dual accountability to underwriting management and operations.
Key objective
To provide technical underwriting and administrative support to Major Accounts Real Estate & Hospitality's Primary Casualty business.
Key Activities:
Role/Responsibilities:
QUALIFICATIONS
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, an ability to multi-task and organize work to achieve service goals.
Competencies
Education/Experience:
ABOUT US
Chubb is a world leader in insurance. 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.
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, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
Currently, Chubb is seeking an Underwriting Assistant (UA) to support North America Major Accounts Real Estate & Hospitality Primary Casualty business, based in the New York Office.
The UA contributes to the success of the underwriting goals as well as corporate goals relating to growth, profit, renewal retention, service, and producer/client management. The UA analyzes account specific information and prepares renewals with updated forms and ratings with outlining changes year-over-year that will be used as the basis for renewal strategy; supports pricing in conjunction with Underwriter; coordinates the renewal process for the Underwriter; reviews submission information with the Underwriter; is accountable for the quotation, rate, book and issue processes for policies and endorsements; and ensures electronic file integrity. This operations position has dual accountability to underwriting management and operations.
Key objective
To provide technical underwriting and administrative support to Major Accounts Real Estate & Hospitality's Primary Casualty business.
Key Activities:
- Pre Renewal Account Preparation (including Gathering/analyzing underwriting documents)
- Coordinate Policy Issuance working closely with UW team to assure exclusions/forms attached to broker issued Contracts
- Quality check Draft Policies /Endorsements
- Follow up on subjectivities
- Address/resolve all Accounting inquiries
- Assist with Account Audits
- Special Projects
Role/Responsibilities:
- Researches and provides basic underwriting analysis of account information.
- Compiles and documents risk analysis and ensures integrity of electronic files.
- Coordinates account processing and servicing.
- Review, verify and publish all documents.
- Research and follow up on Producer inquiries.
- Serves as the first-line point of contact for internal and external contacts on account related matters.
QUALIFICATIONS
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, an ability to multi-task and organize work to achieve service goals.
- The individual must demonstrate the following competencies and behaviors:
- Ability to independently multi-task and respond to changing business priorities.
- Must be highly organized and able to manage work time/activities in a structured environment with predetermined deadlines (monthly, quarterly, etc.)
- Demonstrates solid, consistent technical proficiency of Underwriting, Compliance Guidelines and underlying risk management philosophy.
- Ability to recognize and evaluate exposure to loss.
- Aptitude for compiling, evaluating and interpreting detailed information and data.
- Ability to learn/navigate through Underwriting reference tools/guidelines
- Ability to track outstanding assignments and follow through with others as necessary
- Ability to learn and apply proprietary Chubb Systems.
- Demonstrated Proficiency in Excel & Word.
Competencies
- Critical Thinking- Strong analytical and problem solving skills
- Customer Focus- Demonstratesstrong Customer Focus providingtimely responses to customer requests demonstrating an understanding of needs and acts on them.
- Teamwork- Demonstrates the ability to interact with a wide variety of people in person, via telephone and email.
- Communication- Proficiency in expressing oneself clearly, concisely and effectively verbally and in writing.Listens carefully and attentively and asks questions to clarify expectations and issues.
Education/Experience:
- Minimum High School Diploma or equivalent; 2 or more years of college and or Previous UA experience preferred.
- Nothing in the job posting restricts management's right to assign or re-assign duties and responsibilities to this job at any time.
- 2-3 year's insurance experience strongly preferred
ABOUT US
Chubb is a world leader in insurance. 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.
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, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
Source : OneTenCoalition