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Underwriting Assistant
Chubb External Philadelphia, PA
Full Time 1 Week Ago
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Chubb External is Hiring an Underwriting Assistant Near Philadelphia, PA

Under supervision provide technical Underwriting and administrative support for less complex assigned National Accounts while adhering to published National service standards. Lines of coverage: Workers Compensation, General Liability, Auto Liability. Program Structures: Loss Sensitive/ Guaranteed Cost.

Major Duties & Responsibilities:

  • Assist in pre-renewal strategy discussion on all assigned renewals. Review renewal & new business submissions for completeness. Reach out to broker for missing information in tandem with Underwriter
  • Send renewal letters to brokers for upcoming accounts, request policy numbers
  • Identify proper forms and endorsements used in go forward renewal policy construction in tandem with Underwriter
  • Complete and submit accurate Rating instructions for workers’ compensation, general liability and automobile liability lines of business to processing center. Review for accuracy
  • At Underwriter direction: Pulls loss runs; Inputs historic loss & exposure data into ACES templates and outlines Year over Year changes 
  • Process Auto UM/UIM forms, Auto DMV reporting, WC Posting notices, Auto Filings, & Workers Compensation CAT & Industrial Aircraft models. Pull and save audits. Complete comparisons Year-over-year with various tools
  • Follow up for missing information and process and submit policy issuance instructions on behalf of Underwriter for both domestic and incidental foreign casualty. interface with processing center to ensure all questions addressed to ensure proper quality work product. Review policies upon receipt for accuracy, submit corrections and ensure policy delivery to brokers
  • At Underwriter direction, may complete an ANF (Account Notification form)
  • Mail off notices of elections to specific States
  • Submit endorsement requests to processing center
  • Process workers compensation bureau criticisms and submit endorsements requests as needed. Work closely with States and internal and external trading partners to bring about conclusion in a timely fashion particularly if fine bearing
  • Maintain service standards for all above transactions; by timely response to broker requests and timely receipt of underwriting information
  • Communicate with all levels of employees to include, but not limited to, producers and internal personnel to confirm or obtain data needed for policy issuance and servicing.
  • Properly document all files within established due dates. Ability to effectively manage, organize and prioritize multiple tasks
  • Beginner level understanding of insurance terminology and utilization of various systems (example: Silver Plume, NCCI, ISO, and IRMI)

Minimum Requirements:

  • High school diploma or equivalent
  • 1-3 years of insurance experience preferably in a national account setting
  • Strong data entry and proficient computer skills in Microsoft Excel (pivot tables), Word, Outlook

Job Summary

JOB TYPE

Full Time

POST DATE

05/13/2024

EXPIRATION DATE

07/12/2024

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The following is the career advancement route for Underwriting Assistant positions, which can be used as a reference in future career path planning. As an Underwriting Assistant, it can be promoted into senior positions as a Health Underwriting Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Underwriting Assistant. You can explore the career advancement for an Underwriting Assistant below and select your interested title to get hiring information.

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