What are the responsibilities and job description for the Underwriting Associate position at Chubb External?
Eastern Underwriting Center is seeking an Underwriting Associate for Commercial Insurance located in the Whitehouse Station, NJ office.
The Underwriting Associate contributes to the achievement of corporate goals relating to growth, profit, renewal retention, and service and producer/client management.
The Underwriting Associate is responsible for:
• Gathering and analyzing account information (loss information, driver information, financials, loss control reports, etc.) and developing underwriting recommendations and pricing strategy
• Completing, documenting and referring risk reports to underwriter
• Coordinating account processing for renewals with underwriter and customer service representative
• Providing rating and issuance instructions including appropriate forms, coverages, and final premium
• Reviewing submission information with underwriter and preparing quote letter
• Documenting underwriting analysis information in the electronic file; ensuring electronic file integrity
• Adhering to state regulated compliance requirements and working to resolve issues.
• Processing endorsements within designated authority
Competencies:
The selected candidate must have strong communication, multitasking and organizational skills. Must demonstrate: Math aptitude, familiarity with or ability to learn the reference manuals, ISO work comp bureaus and other regulatory agencies as appropriate to states. Willingness to learn the electronic systems, underwriting principles, policy forms and proficient in Word and Excel.
Education:
Minimum High school degree or equivalent.
**This position is a pay grade 16 depending upon skills and experience.
