Casualty & Environmental Jr. Underwriter

Chubb; San Juan (PR); In loco; USD 45.000 - 75.000; Tempo pieno

Descrizione del lavoro

Chubb in Puerto Rico is seeking a Junior Casualty & Environmental Underwriter to analyze and underwrite CGL, umbrella, excess, and pollution liability lines for the Caribbean region. The role balances sales of Chubb products with adherence to LOAs and underwriting appetite.

Responsibilities include reviewing proposals, negotiating with brokers, managing new business and renewals, and supporting operations and claims when needed. Strong English/Spanish skills and a degree are required.

Competenze

• Bachelor's degree in business or engineering.
• Strong analytical, decision making and problem solving skills.
• Flexibility to work in a fast-moving, challenging environment.
• Proficient in MS Word, Excel and PowerPoint.
• Intermediate knowledge of English and Spanish.

Mansioni

• Examine insurance proposals and evaluate background information to assess risk.
• Subscribe business per guidelines and determine best conditions to ensure profitability.
• Negotiate deals with brokers/agents and respond to quotation requests.
• Manage new business and renewal accounts; monitor monthly production.
• Ensure bound accounts are registered and production targets are tracked.
• Visit producers to attract prospects and build relationships.
• Interact with brokers, customers, and internal teams including claims and operations.
• Assist with policy issuance and claim interpretation when needed.
• Create endorsements requested by producers or required by special business.
• Present covers to insureds and prospects when needed.

Conoscenze

Analytical thinking

Decision making

Problem solving

English proficiency

Spanish proficiency

Formazione

Bachelor's Degree in Business Administration or Engineering

Strumenti

MS Word

MS Excel

PowerPoint

Descrizione del lavoro

Job Description

Role Purpose

The Casualty & Environmental Underwriter Jr. is responsible to analyse and underwrite Commercial General Liability, Commercial Umbrella Liability, Commercial Excess Liability, Premises Pollution Liability, Contractors Pollution Liability & Storage Tank Liability, while hold a delicate balance between being a salesperson by selling Chubb’s insurance products and adhering to their respective Letters of Authority (LOA’s), Best Practices and current Chubb’s underwriting appetite with authority on Puerto Rico & the Caribbean geographical area.

Key Responsabilities

• Examine insurance proposals, gather and evaluate background information in order to effectively assess the risk involved.
• Subscribe business in accordance with corporate guidelines, analyze the information provided by agents or brokers using the tools of subscription and experience in the field to establish the best conditions of assurance caring profitability.
• Negotiate deals with insurance brokers and/or agents and timely responds and quotation requests and/or inquiries.
• Analyze, monitor, work and handle new business received through brokers and renewal accounts assigned by Manager as well as maintain an updated list of accounts being handled each month.
• Keep track of their corresponding monthly production goals, including making sure bound account are registered correctly and monitoring planned production.
• Visit insurance producers at regular schedules in order to attract potential prospects.
• Interact with brokers and customers, externally and internally, other line of business underwriters and top management.
• Assist Operations Department in policy issuance as well as support Claims Department in the event of a claim under one of their accounts in order to interpret underwriting intention, if needed.
• Create endorsements that may be either requested by insurance producers or needed by a special business.
• Present and/or explain covers to insured's and to potential prospects, if needed.
• Perform specials projects and other related duties as assigned.

Requirements

Qualifications

• Bachelor's Degree in Business Administration or Engineering.
• Strong analytical, decision making, and problem solving skills.
• Demonstrate flexibility and adaptability to work in a fast moving and challenging environment.
• Proficient in MS (Word, Excel and Power Point).
• Intermediate knowledge of the structure and content of the English and Spanish Languages.

Experience

• One (1) or two (2) years of experience in environmental in the insurance industry, preferable.

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.