• Job Description

  Req#: 23619

  Senior Underwriting Assistant
  

  Position Description

  The Sr Underwriting Account Representative (UAR) is responsible for supporting the underwriting process for New and Renewal Customers for Primary and Excess Casualty lines of insurance coverage. This position is also accountable for collaborating with Operations and Underwriting team members to achieve growth, profit, renewal retention, service and producer/client management goals for an assigned book of business of business. This position will gather and analyze account information, interpret, and translate data for renewal creation and appropriate rating. They will provide issuance instructions to other members of the team, as well as utilize federal and state compliance and regulatory rules. In partnership with the Brokers and Underwriter, the Sr UAR will be assisting with binding, renewal and post bind coordination of Casualty business and the appropriate documentation of the underwriting file.

  Position Specifics: Locations : Alpharetta, GA, Boston, MA

  Scope
  Fundamentals of coverage, terms and conditions: Ability to review coverage, terms and conditions with Underwriting and Operations to ensure accurate coverage and implementation.
  Risk Assessment: Ability to identify risk exposures. Ability to identify coverages based on exposure and risk analysis. Ability to analyze claims and quantify losses.
  Financial proficiency: Understanding of financial statements. Understanding of insurance financial fundamentals. Ability to understand credit risk.
  Actuarial fundamentals: Ability to understand loss trends.
  Marketing and Communications: Ability to base communications on strategic thinking. Ability to manage producer strategy.
  Systems and programs. Ability to use systems and software programs needed to conduct daily business.

  Key Objective:

  Partner with Underwriting, Operations and IT to test and identify issues or changes needed in various systems to enhance or correct system functionality
  Handle special projects as assigned.
  Provide underwriting and administrative support to Underwriting unit.
  Major Duties & Responsibilities:
  Duties may include are not limited to:
  Review of Binders from UW for accuracy and amend as needed prior to issuance.
  Create detailed issuance instruction for New and Renewal Policies as well as any post bind changes to be sent to the processing unit for completion.
  Work with Underwriting and Third-Party Vendors on variable rating accounts to audit the account following expiration or as indicated in the policy to ensure proper pricing for the risk.
  Handle general correspondence and renewal preparation of expiring policies.
  Maintain service standards by timely response to broker requests and timely receipt of underwriting information.
  Communicate with customers to confirm or obtain data needed for policy issuance and servicing.
  Conduct account inquiries in various management systems.

  Qualifications

  Education and Experience:

  
  • College Degree Preferred
  • 3-5 years of insurance experience
  • 3-5 years of prior commercial insurance underwriting support experience.
  • Strong data entry and computer 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

• About the company

  Chubb Limited, incorporated in Zürich, Switzerland, is the parent company of Chubb, a global provider of insurance products covering property and casualty, accident and health, reinsurance, and life insurance and the largest publicly traded property an...

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