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Personal Risk Services Custom Solutions Renewal Underwriter
Chubb Whitehouse Station, NJ
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$67k-89k (estimate)
Full Time 7 Days Ago
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Chubb is Hiring a Personal Risk Services Custom Solutions Renewal Underwriter Near Whitehouse Station, NJ

Job Description
As a Custom Solutions Renewal Underwriter, you will be accountable for managing a book of business of Excess &Surplus, E&S, policies post-issuance. The Renewal Underwriter will craft, document, and underwrite endorsements and inspections, and is responsible for quoting renewal business. This includes evaluating requests for bespoke solutions with customized language for Premier accounts, understanding the company's current CAT strategy, and routing to the appropriate Custom Solutions resource in a timely, efficient, professional, and accurate manner. The successful candidate will also provide solutions for certain international policies along with acting as a resource and contact for commercial exposures as a part of an expanded capabilities approach.
Key Responsibilities
  • Underwrite Custom Solutions policies within assigned territory, which includes applying knowledge of coverage forms, rating plans, and guidelines in selection and pricing of individual risks, change requests, and renewals.
  • Process transactions and renewal business in a timely and efficient manner to grow revenues and maintain retention and profitability.
  • Review, analyze, and underwrite endorsements and appraisals by evaluating exposures, rates, and policy terms within company underwriting guidelines.
  • For exposures outside of your authority, review submission information with the underwriter, research and provide analysis of account information, and ensure overall compliance.
  • Compile and document risk reports.
  • Coordinate reports such as registry, excess tracking, and other servicing reports.
  • Utilize Custom Solutions platform, SharePoint as well as local drives, Personal Lines Underwriting Workstation, PLUW, Risk ID, iClaims, and other tools in gathering information for account review. Complete risk reports for risk documentation or referral to the Underwriter.
  • Review, verify, and publish all documents and track tools and templates
  • Research and respond to producer inquiries on renewals.
  • Serve as the first point of contact for internal and external contacts on account related matters.
Qualifications
Competencies
  • Strong written and verbal communication skills
  • Math aptitude
  • Critical thinking skills and technical knowledge specific to diverse situations and sound judgment to determine appropriate course of action
  • Strong organization skills
  • Detail orientation with the ability to compile, evaluate, and interpret information and data
  • Ability to track assignments and follow through with others as necessary
  • Ability to independently multi-task, perform within time constraints, and respond to changing business priorities
  • Proficiency in MS Word, Excel, and SharePoint
Education and Experience
  • Prior P&C insurance industry experience required
  • Knowledge of underwriting process guides, MS Excel and Word, SharePoint and other manual trackers required
  • Bachelor's degree preferred
  • Comfort with learning electronic underwriting and claims systems and detailed manual processes
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.

Job Summary

JOB TYPE

Full Time

SALARY

$67k-89k (estimate)

POST DATE

04/21/2024

EXPIRATION DATE

05/06/2024

HEADQUARTERS

BELFAST, NORTHERN IRELAND

SIZE

100 - 200

FOUNDED

1986

CEO

CRAIG ALEXANDER FORBES

REVENUE

$5M - $10M

INDUSTRY

Specialty Trade in Construction

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