Search for Jobs

13 Results
Chubb
Basking Ridge, NJ, United States (on-site)
15 hours ago
Chubb
Basking Ridge, NJ, United States (on-site)
7 days ago
The Hanover Insurance Group
Franklin Township, NJ, United States (on-site)
14 days ago
AIG
Jersey City, NJ, United States (on-site)
14 days ago
Chubb
Whitehouse Station, NJ, United States (on-site)
17 days ago
Chubb
Whitehouse Station, NJ, United States (on-site)
22 days ago
Great American Insurance
New Jersey, NJ, United States (on-site)
22 days ago
Chubb
Whitehouse Station, NJ, United States (on-site)
22 days ago
Chubb
Whitehouse Station, NJ, United States (on-site)
22 days ago
Chubb
Whitehouse Station, NJ, United States (on-site)
22 days ago
Chubb
Whitehouse Station, NJ, United States (on-site)
22 days ago
MetLife
Bridgewater, NJ, United States (on-site)
22 days ago
Chubb
Whitehouse Station, NJ, United States (on-site)
22 days ago
1 - 13 Results of 13
Chubb
Basking Ridge, New Jersey, United States (on-site)
15 hours ago

Description

About Chubb
Chubb is the world's largest publicly traded property and casualty insurer. 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.
About Chubb Construction Surety
Surety bonds are a vital part of the construction industry in the United States and around the world. Surety bonds guarantee that projects will be built according to the terms and conditions of their contracts, and that subcontractors and suppliers will be paid for their work. The assurance provided by surety bonds allows construction project owners to have peace of mind that they will receive appropriate value and results for their funds.
Chubb has been a leader in the Construction Surety market for over 130 years. From schools to skyscrapers, roads to runways, Chubb has bonded these projects for some of the largest and most sophisticated construction companies in the United States and around the world.
Scope:
  • Fundamentals of coverage, terms and conditions. Ability to offer coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer.
  • Risk Assessment. Ability to identify risk exposures, special or common hazards, and appropriate controls. Ability to select risk based on exposure and risk analysis. Ability to analyze claims and quantify losses.
  • Financial proficiency. Understanding of financial statements and ratios used in risk analysis. Understanding of insurance financial fundamentals; impact of underwriting decisions on company assets. Ability to understand credit risk. Actuarial fundamentals. Ability to understand loss trends, loss triangles, and ratemaking. Ability to quantify risk based on experience history and forecasting methods.
  • Marketing and Communications. Ability to sell and negotiate to achieve bottom line profitability for the Company. Ability to make presentations and communicate articulately. Ability to base communications on strategic thinking. Ability to manage producer strategy.
  • Systems and programs. Ability to use systems and software programs needed to conduct daily business.

KEY OBJECTIVE: Under supervision, primary responsibility is to underwrite individual risks.
MAJOR DUTIES & RESPONSIBILITIES:
  • Solicits new and renewal submissions from brokers
  • Works within the broad limits - under direction - and exercises level of authority on assignments.
  • Manages the underwriting process by utilizing a broad range of financial expertise, industry knowledge, and business acumen. Drives the dual underwriting process by providing intelligent, well thought out recommendations.
  • Has an acute awareness of industry trends and external economic factors, and extrapolates what the impact of such trends and factors will be on our business and our customers' business.
  • Establishes the Company's presence in assigned territories alongside manager and underwriting team via relationship building with both internal and external customers, and by providing superior service to both internal and external customers.
  • Understanding of Chubb's appetite.
  • Demonstrates independent decision making, and has demonstrated some level of leadership qualities.
  • Uses discipline and available underwriting and pricing tools to reduce risk profileacross a wide spectrum of business, and to manage costs in order to meet targeted profitability metrics.



Qualifications:

MINIMUM REQUIREMENTS:
  • 1-3 years underwriting experience
  • Experience underwriting Surety lines of insurance
  • Bachelor's degree
DESIRED QUALIFICATIONS:
  • Knowledge of insurance industry
  • Knowledge of underwriting concepts, practices, and procedures
  • Microsoft Word, Excel, and Outlook
  • Internet usage
  • Oral and written communication skills
  • Negotiation skills
  • Marketing skills
  • Basic leadership skills
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.
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.

Requisition #: 354580

nt8p0wqlg

Job Information

  • Job ID: 69594705
  • Workplace Type: On-Site
  • Location:
    Basking Ridge, New Jersey, United States
  • Position Title: Underwriter, Surety
  • Company Name For Job: Chubb
  • Job Type: Full-Time
Insurance
United States

For more than 125 years, the Chubb Group of Insurance Companies has been delivering exceptional property and casualty insurance products and services to businesses and individuals around the world. Today, we are the 11th largest property and casualty insurer in the United States and have a worldwide network of some 120 offices in 28 countries staffed by 10,600 employees. The Chubb Corporation reported $50.6 billion in assets and $14.1 billion in revenues in 2007. According to Fortune magazine, Chubb is the 180th largest ...

View Full Profile

Jobs You May Like
Filters
Workplace Type
State