Underwriting Assistant jobs in Somerset, NJ

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

• Reviews submission information with the underwriter, researches and provides analysis of account information, and ensures overall regulatory compliance.
• Compiles and documents the risk report and underwriting strategy
• Coordinates account processing and servicing
• Coordinates the quoting, booking and issuance process with the CSR and completes the risk report for referral to the Underwriter
• Reviews, verifies, and publishes all documents in the electronic customer file
• Researches and responds to Producer and Overseas Underwriter inquires
• Serves as the first point of contact for internal and external contacts on account related matters
• Ensures MAX and other tracking systems are updated timely