Commercial Associate Renewal Underwriter

Chubb in; Philadelphia (Philadelphia County); On-site; USD 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a Commercial Associate Renewal Underwriter to join their dynamic team. In this role, you will be responsible for evaluating and managing commercial risks while adhering to established underwriting guidelines. Your expertise will play a crucial role in ensuring proper pricing and compliance for a diverse portfolio. This position offers the opportunity to work in a collaborative environment where your contributions will directly impact the success of the organization. If you are passionate about underwriting and looking to advance your career in a leading global insurance firm, this is the perfect opportunity for you.

Qualifications

• Knowledge of multi-line underwriting is preferred.
• Experience in evaluating commercial risks is essential.

Responsibilities

• Evaluate renewal business and serve as a pricing expert.
• Analyze risk characteristics and determine account pricing.
• Build and maintain superior internal and external relationships.

Skills

Excellent communication skills

Job description

Commercial Associate Renewal Underwriter (Finance)

JOB DESCRIPTION

This is a professional Underwriting position within Chubb's Property & Casualty Underwriting Centers. Underwriting responsibilities include evaluating, accepting, rejecting, or modifying Commercial risks within established underwriting guidelines and authority. Ideal candidate would have knowledge of/experience in multi-line underwriting. The lines of business include but are not limited to: Package, Commercial Auto, Workers Compensation, and Umbrella.

Daily responsibilities include, but are not limited to:

• Renewal evaluation: This person will evaluate renewal business in accordance with established guidelines and serve as a pricing expert, adhering to proper and compliant file documentation in accordance with corporate strategies. Additionally, this person will ensure proper terms and conditions are applied to their assigned portfolio.
• Timely adherence to the Renewal workflow.
• Apply underwriting judgement, including line of business and account level decision making.
• Analyze risk characteristics and account documentation to determine appropriate account pricing.
• Complete book/issue instructions for processing center.
• Adhere to all jurisdictional compliance documentation standards and ensure all underwriting documentation is complete.
• Build, maintain and manage superior relationships at all levels - internal and external.

QUALIFICATIONS

• Excellent communication skills.

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.