Underwriting Associate - Chubb INA Holdings Inc.
Philadelphia, PA
About the Job
Eastern Underwriting Center is seeking an Underwriting Associate for Commercial Insurance. The Underwriting Associate contributes to the achievement of corporate goals relating to growth, profit, renewal retention, and service and producer/client management.
***This role operates on a hybrid work schedule (3 days in office, 2 days remote) and must sit in either our Whitehouse Station or Philadelphia, PA office.Â
The Underwriting Associate is responsible for:
- Gathering and analyzing account information (loss information, driver information, financials, loss control reports, etc.) and developing underwriting recommendations and pricing strategy
- Completing, documenting and referring risk reports to underwriter
- Coordinating account processing for renewals with underwriter and customer service representative
- Providing rating and issuance instructions including appropriate forms, coverages, and final premium
- Reviewing submission information with underwriter and preparing quote letter
- Documenting underwriting analysis information in the electronic file; ensuring electronic file integrity
- Adhering to state regulated compliance requirements and working to resolve issues
- Processing endorsements within designated authority
Competencies:
- Strong communication, multitasking and organizational skills
- Must demonstrate: Math aptitude, familiarity with or ability to learn the reference manuals, ISO work comp bureaus and other regulatory agencies as appropriate to states.
- Willingness to learn the electronic systems, underwriting principles, policy forms and proficient in Word and Excel
Education:
- Minimum High school degree or equivalentÂ
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.