Role Purpose
The Jr. Casualty Underwriter is responsible to analyze and underwrite general liability while hold a delicate balance between being a salesperson by selling Chubb's insurance products and adhering to their respective Letters of Authority (LOA's), Best Practices and current Chubb's underwriting appetite with authority on Puerto Rico & the Caribbean geographical area.
Key Responsibilities
Examine insurance proposals, gather and evaluate background information in order to effectively assess the risk involved.
Subscribe business in accordance with corporate guidelines, analyze the information provided by agents or brokers using the tools of subscription and experience in the field to establish the best conditions of assurance caring profitability.
Negotiate deals with insurance brokers and /or agents and timely responds and quotation requests and/or inquiries.
Analyze, monitor, work and handle new business received through brokers and renewal accounts assigned by Manager as well as maintain an updated list of accounts being handled each month.
Keep track of their corresponding monthly production goals, including making sure bound account are registered correctly and monitoring planned production.
Visit insurance producers at regular schedules in order to attract potential prospects.
Interact with brokers and customers, externally and internally, other line of business underwriters and top management.
Assist Operations Department in policy issuance as well as support Claims Department in the event of a claim under one of their accounts in order to interpret underwriting intention, if needed.
Create endorsements that may be either requested by insurance producers or needed by a special business.
Present and/or explain covers to insured''s and to potential prospects, if needed.
Work in conjunction with all department underwriters.
Perform specials projects and other related duties as assigned.
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.
Requirements
Bachelor''s Degree in Business Administration or Engineering.
Strong analytical, decision making and problem solving skills.
Demonstrate flexibility and adaptability to work in a fast moving and challenging environment.
Proficient in MS (Word, Excel and Power Point). Strong skills of database applications related to claims services.
Intermediate knowledge of the structure and content of the English and Spanish Language.
Experience
Chubb is the world’s largest publicly traded property and casualty insurance company and the largest commercial insurer in the U.S.
With operations in 54 countries and territories, we are a major personal lines writer, as well as a leading middle market, small commercial and large industrial commercial insurer, providing a wide range of traditional and specialty coverages.
As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. And we combine the precision of craftsmanship with deep experience to conceive, craft and deliver the very best insurance coverage and service to individuals and families and to businesses of all sizes.
Our products and services are distributed through brokers, independent agents, exclusive agents and various forms of direct marketing.
What we deliver: