Chubb Chicago , IL 60661
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.
We have designed our Chubb Associate Program to hone your skills and talents and help you reach your career goals. By joining the Chubb Associate Program, you will be part of an experience that supports the well-rounded development of critical business skills which in turn contributes to the future success of our company. Our blended program is designed to include hands-on business assignments, team assignments and direct interaction with other early career professionals as well as many of our senior executives.
As an Underwriter in Chubb's Associate Program, you will learn and become responsible to underwrite individual risks through a demonstration of the following skills and abilities:
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.
We are excited about and committed to the Chubb Associate Program because we believe that we are developing talented professionals with the potential to become Chubb's leaders of the future.
Who are we looking for?
Successful professionals at Chubb come from many backgrounds and experiences and bring that rich diversity with them to our company. They also have some things in common and these attributes will lead to your success at Chubb:
Results orientation: demonstrated ability to meet commitments under pressure
Practical intellectual agility: capable and confident in absorbing new information
Personal capacity: accepting and welcoming of additional responsibility over time
Communication skills: ability to communicate successfully in various settings
Interpersonal skills: ability to work effectively with all colleagues and collaborate across departments
Initiative: ability to take full ownership of work and show initiative as needed
Customer focused: service oriented, recognizing the importance of understanding client needs
Integrity and work ethic: commitment to hard work and a high ethical conduct
Successful candidates will be:
Curious; passionate about learning
Flexible and adaptable; a change agent
Resilient and resourceful
Collaborative; able to lead and follow
Bachelor's degree; many majors will be considered; preference in Finance, Accounting or Economics
Basic Microsoft Word, Excel, and Outlook
Working knowledge of windows-based software applications
Oral and written communication skills
Negotiating and Influencing skills
Some knowledge of insurance concepts, practices and procedures is desirable
Prior work experience (including summer or part time roles) or internships 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.
For additional information about Chubb or its services, please visit our website at http://www.new.chubb.com.
In order to be considered an applicant for employment with Chubb, all applicants must go to Chubb Careers website to apply for the position(s) of interest and complete an online application. If you do not complete the online application, you will not be considered an applicant in accordance with Chubb's policy.