Underwriting Assistant provides support and assistance to underwriting staff. Performs administrative duties regarding new and renewal accounts, risk assessments, and loss runs and loss ratings. Being an Underwriting Assistant may assist underwriters with the computation of rates and premiums. Typically requires a high school diploma. Additionally, Underwriting Assistant typically reports to a supervisor. The Underwriting Assistant works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be an Underwriting Assistant typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)
Chubb Limited is currently seeking an Underwriting Associate to join the Global Accounts Branch within Global Services located in Whitehouse Station, NJ.
Position Description:
The Underwriting Associate (UA) will contribute to the achievement of the Global Serviced Branch goals as well as corporate goals relating to the growth, profit, renewal retention, service and producer/client management. The branch is responsible for commercial U.S. policies which are part of an overall account managed on behalf of Chubb’s international zones. The UA gathers and analyzes account-specific information (including but not limited to loss information, exposures, financials, loss control reports) and prepares a risk report for referral to the Underwriter; corresponds with both local U.S. producers and overseas underwriters to compile necessary information; develops information and recommendations based upon the account review; determines strategy in conjunction with the underwriter; handles all coordination of accounts being sent to the Processing Center and completes all rating and issuance instructions including appropriate forms, coverages and final premium; ensures electronic file integrity; ensures internal and external service standards are met to achieve a high level of customer satisfaction. This position may be assigned renewal underwriting authority.
Roles/Responsibilities