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Underwriting Associate - Financial Lines
ChubbUnited Statesfull_timeVerifiedPosted 21 Feb 2025
About the role
Financial Lines Underwriting Associate Representative is responsible for supporting the underwriting process for multiple lines of insurance coverage which include Cyber, MPL and POL.
- Contributes to the achievement of customer group or financial lines goals, as well as corporate goals relating to growth, profit, renewal retention, rate, exposure, service and producer relationships.
- Books, binds, and issues new line and renewal policies, mid-term endorsements in applicable rating and issuance systems in accordance with standardized workflows and roles and responsibilities.
- Proactively assists with account management and achievement of service goals.
- Maintain service standards by timely response to broker requests and timely receipt of underwriting information.
- Processes cancellations, BORs, and countersigning. Researches and resolves premium discrepancies and compliance related issues.
- Coordinates renewal process for the underwriter. Reviews renewal submission for technical completeness and follows up with producer for missing information.
- Analyzes renewal account-specific information (including, but not limited to, loss information, financials, application).
- Ability to establish priorities and to plan, coordinate and monitor personal work plan maintaining status and oversight of multiple submissions.
- Identify forms and endorsements used in policy construction.
- Understanding and experience with administrative and clerical procedures including managing electronic files, data, and records
- Capability to work independently and within a team/group environment.
- Identify and report problems or errors while working with significant amounts of detailed information.
The individual in this position must have strong communication, multi-tasking, and organizational skills. In addition, the individual must demonstrate the following skills:
- Basic understanding of insurance terminology.
- Good verbal and written communication skills.
- Ability to work autonomously
- Strong organization and prioritization skills
- Good attention to detail
- Flexible and adaptable to change
- Microsoft Office Suite – Proficient in Excel
Education and Experience:
- College degree preferred but will consider High School diploma
- 1-2 years of prior commercial insurance underwriting support experience preferred.
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.
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