The Chubb Corporation
Chubb is the world’s largest publicly traded property and casualty insurer. 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.
Chubb’s Portland OR branch currently has a vacancy for an Underwriting Assistant to support the Commercial Technology Insurance segment.
The Underwriting Assistant is accountable for collaborating with team members to achieve growth, profit, renewal retention, service and producer/client management goals for an assigned book of business in the middle market Commercial Insurance Specialty department. The Underwriter Assistant will gather and analyze account information (loss information, driver information, financials, loss control reports, etc.) and develop underwriting recommendations and pricing strategy. Additionally, the UA completes documents and refers risk reports to underwriter and handles individual risk inquiries from brokers/agents. The UA coordinates account processing for renewals and new accounts with their assigned underwriter(s) and a customer service representative. The UA provides rating and issuance instructions including appropriate forms, coverages, and final premium as one of the critical expectations, as well as reviewing submission information with underwriter and preparing quote letter and documenting underwriting analysis information in the electronic file; ensuring electronic file integrity. The Underwriter Associate will also be responsible for processing endorsements within designated authority. This position has dual accountability to both Operations and Underwriting Management.
Knowledge, Skills and Abilities:
— Strong desk management, written and verbal communication skills.
— Ability to multi-task and to independently organize work and prioritize competing demands and requests to complete work within required time constraints.
— Must demonstrate strong analytical skills and mathematical aptitude.
— Knowledge of underwriting principles, product specific coverage, policy forms, pricing tools, regulatory compliance and insurance systems preferred.
— Demonstrated proficiency in using on-line reference manuals.
— Familiarity with ISO workers compensation bureaus and other state regulatory agencies within assigned territory a plus.
— Demonstrate the ability to recognize exposure to a loss.
— Ability to effectively and regularly use multiple electronic systems.
— Must be proficient in MS Word and Excel.
Education and Experience:
— Requisite experience required.
— High School Diploma or equivalent.
— Some college and/or underwriting exposure preferred.
Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. 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, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran or marital status, or any other characteristic protected by law.
The Chubb Corporation
Website : http://www.chubb.com/
For more than 130 years, the Chubb Group of Insurance Companies has been delivering exceptional property and casualty insurance products and services to businesses and individuals around the world. Today, we are the 12th largest property and casualty insurer in the United States and have a worldwide network of some 120 offices in 26 countries staffed by 10,200 employees. The Chubb Corporation reported $52.2 billion in assets and $13.6 billion in revenues in 2012. According to Fortune magazine, Chubb is the 202nd largest U.S.-based corporation.