Chubb
PRS Custom Solutions Renewal Underwriter
Chubb, Whitehouse Station, New Jersey, us, 08889
Job Description
As a
Custom Solutions Renewal Underwriter
you will be accountable for managing a book of business of E&S policies post-issuance. The Renewal Underwriter crafts, documents and underwrites endorsements, inspections, and is responsible for quoting renewal business. This includes evaluating requests for bespoke solutions with customized language for Premier accounts, understanding of 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 ResponsibilitiesUnderwrite issued 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 in order to grow revenues and maintain retention and profitability.Review, analyze and underwrite endorsements and appraisals by evaluating exposures, rates, policy terms within company underwriting policies.For exposures outside of your authority, review submission information with the underwriter, research and provide analysis of account information, and ensure overall complianceCompile and document risk reportsCoordinate reports such as registry, excess tracking, and other servicing reportsUtilize Custom Solutions platform, SharePoint as well as local drives, 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 templatesResearch and respond to Producer inquiries on renewalsServe as the first point of contact for internal and external contacts on account related mattersQualifications
Strong written and verbal communication skillsMath aptitudeTechnical knowledge specific to diverse situations and sound judgment to determine appropriate course of actionStrong organization skillsDetail orientation with the ability to compile, evaluate and interpret information and dataAbility to track assignments and follow through with others as necessaryAbility to independently multi-task, perform within time constraints and respond to changing business prioritiesProficiency in MS Word, Excel, and SharePointEducation and Experience
Bachelor's degree preferredPrior P&C insurance industry experience requiredKnowledge of underwriting process guides, MS Excel and Word, SharePoint and other manual trackers are requiredComfort 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.
As a
Custom Solutions Renewal Underwriter
you will be accountable for managing a book of business of E&S policies post-issuance. The Renewal Underwriter crafts, documents and underwrites endorsements, inspections, and is responsible for quoting renewal business. This includes evaluating requests for bespoke solutions with customized language for Premier accounts, understanding of 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 ResponsibilitiesUnderwrite issued 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 in order to grow revenues and maintain retention and profitability.Review, analyze and underwrite endorsements and appraisals by evaluating exposures, rates, policy terms within company underwriting policies.For exposures outside of your authority, review submission information with the underwriter, research and provide analysis of account information, and ensure overall complianceCompile and document risk reportsCoordinate reports such as registry, excess tracking, and other servicing reportsUtilize Custom Solutions platform, SharePoint as well as local drives, 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 templatesResearch and respond to Producer inquiries on renewalsServe as the first point of contact for internal and external contacts on account related mattersQualifications
Strong written and verbal communication skillsMath aptitudeTechnical knowledge specific to diverse situations and sound judgment to determine appropriate course of actionStrong organization skillsDetail orientation with the ability to compile, evaluate and interpret information and dataAbility to track assignments and follow through with others as necessaryAbility to independently multi-task, perform within time constraints and respond to changing business prioritiesProficiency in MS Word, Excel, and SharePointEducation and Experience
Bachelor's degree preferredPrior P&C insurance industry experience requiredKnowledge of underwriting process guides, MS Excel and Word, SharePoint and other manual trackers are requiredComfort 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.