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Underwriting Assistant

Chubb

Chicago (IL)

On-site

USD 55,000 - 110,000

Full time

5 days ago
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Job summary

Join a leading insurance company as an Underwriting Assistant, responsible for supporting underwriting processes across various coverages. Collaborate with teams to ensure compliance with corporate pricing strategies while utilizing analytical skills to manage an assigned book of business. Ideal candidates will have experience in insurance and strong interpersonal skills.

Qualifications

  • 3-5 years of insurance experience preferred.
  • Ability to learn quickly, prioritize work, and perform within time constraints.
  • Basic knowledge of underwriting principles and policy forms is a plus.

Responsibilities

  • Support the underwriting process for multiple lines of insurance coverages.
  • Gather and analyze account information and document risk narratives.
  • Collaborate with team members to achieve growth and retention goals.

Skills

PC Skills
Communication
Analytical Skills
Time Management
Detail Orientation
Interpersonal Skills
Critical Thinking

Education

High School Diploma or Equivalent
College degree and/or underwriting exposure preferred

Tools

Microsoft Office
Adobe Acrobat

Job description

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Job Description

The Underwriting Account Representative (UAR) is responsible for supporting the underwriting process for Renewal Chubb Customers for multiple lines of insurance coverages, including property, casualty, workers compensation, excess and automobile coverages.

Job Description

The Underwriting Account Representative (UAR) is responsible for supporting the underwriting process for Renewal Chubb Customers for multiple lines of insurance coverages, including property, casualty, workers compensation, excess and automobile coverages.

This position is also 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 segment of Commercial Insurance.

The UAR will gather and analyze account information, interpret, and translate data into workbooks and issuance instructions as well as utilize regulatory rules to comply with corporate pricing strategies. In partnership with the Underwriter, the UAR will be accountable for documenting a risk narrative that conforms with the corporate audit.

This individual will need to be able to interpret and model data for locations outside the US. They will also need to be able to understand underwriting strategies and apply accordingly to risks they are working on.

Qualifications

The ideal candidate must possess the following skills:

  • PC Skills: knowledge of Microsoft Office, Microsoft Word and Excel, Adobe Acrobat, and Internet navigation
  • Excellent verbal and written communication skills
  • Strong interpersonal skills and ability to establish and maintain effective working relations with internal and external partners in a multi-cultural environment.
  • Proven analytical skills and mathematical aptitude (arithmetic, algebra and basic accounting principles)
  • Strong business acumen and critical thinking skills which lead to confident decision making
  • Ability to learn quickly, prioritize work, and perform within time constraints.
  • Strong time and desk management skills and detail orientation will aid the candidate in meeting or exceed the established business goals.
  • Demonstrated ability to work with multiple individuals on competing priorities a must
  • Basic knowledge of underwriting principles and policy forms is a plus
  • Ability to work independently within a team/group environment with ability to collaborate with others.
  • Ability to adapt to fast paced environment

Education And Experience

  • High School Diploma or Equivalent
  • College degree and/or underwriting exposure preferred
  • 3-5 years of insurance experience preferred

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.

Seniority level
  • Seniority level
    Mid-Senior level
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Finance and Sales
  • Industries
    Insurance

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