Casualty & Environmental Jr. Underwriter

Chubb • San Juan, PR

2d

About The Position

The Casualty & Environmental Jr. Underwriter analyzes and underwrites Commercial General Liability, Commercial Umbrella Liability, Commercial Excess Liability, Premises Pollution Liability, Contractors Pollution Liability, and Storage Tank Liability for Puerto Rico and the Caribbean. The role balances selling Chubb insurance products with adherence to Letters of Authority, best practices, and Chubb’s current underwriting appetite, while maintaining profitability.

The underwriter examines proposals and evaluates risk information, negotiates with insurance brokers and agents, responds to quotation requests and inquiries, and manages new and renewal business. The role also involves maintaining account and production records, visiting insurance producers to develop prospects, coordinating with internal and external stakeholders, assisting Operations with policy issuance, and supporting Claims with underwriting intent when needed. Additional duties include creating endorsements, explaining coverage to insureds and prospects, and completing special projects as assigned.

Requirements

• Bachelor’s degree in Business Administration or Engineering.
• Strong analytical, decision-making, and problem-solving skills.
• Flexibility and adaptability in a fast-moving and challenging environment.
• Proficiency in Microsoft Word, Excel, and PowerPoint.
• Intermediate knowledge of English and Spanish language structure and content.

Nice To Haves

• One or two years of experience in environmental insurance; experience in the insurance industry is preferred.

Responsibilities

• Examine insurance proposals and gather and evaluate background information to assess risk.
• Underwrite business according to corporate guidelines, using information from agents or brokers, underwriting tools, and field experience to establish appropriate coverage conditions while considering profitability.
• Negotiate with insurance brokers and agents, and respond promptly to quotation requests and inquiries.
• Analyze, monitor, and handle new business received through brokers and renewal accounts assigned by the Manager.
• Maintain an updated monthly list of accounts being handled.
• Track monthly production goals, ensure bound accounts are registered correctly, and monitor planned production.
• Visit insurance producers regularly to attract potential prospects.
• Interact with brokers, customers, other lines of business underwriters, and top management, both internally and externally.
• Assist the Operations Department with policy issuance and support the Claims Department, when needed, in interpreting underwriting intent for claims involving assigned accounts.
• Create endorsements requested by insurance producers or required for special business.
• Present or explain coverage to insureds and potential prospects when needed.
• Perform special projects and other related duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level