Surety Underwriting Associate

Chubb Cincinnati , OH 45202

Posted 2 days ago

Professional Associate Construction Surety Professional Associates participate in our surety training program with the ultimate goal to become Surety Underwriters. The one-year long training program combines on the job and formal training.

In the training program, a Surety Trainee learns the fundamentals of the surety business, acquires an understanding of Chubb's underwriting philosophy and tools, develops the financial acumen necessary to become an underwriter, learns about the structure of the company and the department, and gains knowledge about the insurance industry while developing his/her business and communication skills.

While in the training program, Surety Trainees contribute to the achievement of the Surety Department goals by assisting in the underwriting and service functions of the Department and are expected to assume greater responsibilities as their underwriting abilities develop.

Surety Underwriters will have underwriting as well as marketing responsibilities on an assigned book of business. The underwriting responsibilities include reviewing and evaluating financial information and contract documents, forming an opinion and making recommendations based on that information. The position includes marketing responsibilities such as maintaining and servicing existing accounts, developing new relationships, and visiting with customers and agents regularly.

Requirements

  • College Degree (financial or accounting course work desirable)

  • 3.0 GPA or higher

  • Excellent written and oral communication and presentation skills

  • Strong financial background (banking, financial services or construction)

  • Significant analytical skills

  • Exceptional organizational skills

Find your dream job anywhere
with the LiveCareer app.
Download the
LiveCareer app and find
your dream job anywhere
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Surety Underwriter

Chubb

Posted 2 days ago

VIEW JOBS 6/17/2018 12:00:00 AM 2018-09-15T00:00 The Surety Underwriter's primary responsibility is to underwrite individual risks. MAJOR DUTIES & RESPONSIBILITIES: Responsibilities: * Works within the broadest limits - under very limited direction – and exercises an elevated level of authority on highly complex 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. * Maintain and service existing accounts, develop new relationships, and visit with customers and agents regularly. * 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. Changes tactics or strategies to reflect such trends. * Establishes the Company's presence in assigned territories via relationship building with both internal and external customers, and by providing superior service to both internal and external customers. * Proven source of new business opportunities given strong underwriting skills and understanding of Chubb's appetite. * Provides advice regarding industry knowledge to internal and external constituents, and is recognized as a trusted advisor by agents and customers. * Dedicates time as a senior underwriting resource, providing advice and management to developing underwriters, UAs, and other functional areas. * Takes responsibility for the fulfillment of department goals established for profit, service, and relationship management with branches, home office, producers, accounts, competitors and other Chubb departments. * Uses discipline and available underwriting and pricing tools to reduce risk profile across a wide spectrum of business, and to manage costs in order to meet targeted profitability metrics. MINIMUM REQUIREMENTS * 3-5 years underwriting experience * Bachelor's degree DESIRED QUALIFICATIONS * Knowledge of insurance industry * Demonstrates independent decision making, and has demonstrated leadership qualities. * Knowledge of underwriting concepts, practices, and procedures * Microsoft Word, Excel, and Outlook * Internet usage Chubb Cincinnati OH

Surety Underwriting Associate

Chubb