The Underwriting Account Representative is accountable for collaborating with team members to achieve growth, profit, renewal retention, service and producer/client management goals for an assigned book of business. The Underwriting Account Representative will gather and analyze account information (loss information, driver information, financials, loss control reports, etc.) and develop underwriting recommendations and pricing strategy. Additionally, the UAR completes documents and refers risk reports to underwriter and handles individual risk inquiries from brokers/agents. The UAR coordinates account processing for renewals and new accounts with their assigned underwriter(s) and a customer service representative. The UAR provides rating and issuance instructions including appropriate forms, coverages, and final premium as one of the critical expectations, as well as reviewing submission information with underwriter and preparing quote letter and documenting underwriting analysis information in the electronic file; ensuring electronic file integrity. The UAR will also be responsible for processing endorsements within designated authority.
Knowledge, Skills and Abilities:
— Strong desk management, written and verbal communication skills.
— Ability to multi-task and to independently organize work and prioritize competing demands and requests to complete work within required time constraints.
— Must demonstrate strong analytical skills and mathematical aptitude.
— Knowledge of underwriting principles, product specific coverage, policy forms, pricing tools, regulatory compliance and insurance systems preferred.
— Demonstrated proficiency in using on-line reference manuals.
— Familiarity with ISO workers compensation bureaus and other state regulatory agencies within assigned territory a plus.
— Demonstrate the ability to recognize exposure to a loss.
— Ability to effectively and regularly use multiple electronic systems.
— Must be proficient in MS Word and Excel.
Education and Experience:
— Requisite experience required.
— High School Diploma or equivalent.
— Some college and/or underwriting exposure preferred.
Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. 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, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran or marital status, or any other characteristic protected by law.
Chubb strives to offer a diverse and inclusive and rewarding work environment. Teamwork and mutual respect are central to how Chubb operates and we believe the best solutions draw upon diverse perspectives, experiences and skills. We operate in such a way where everyone, regardless of their singular background has the opportunity to contribute to our collective success.