Underwriting Associate

Chubb External • Simsbury, CT

62d

About The Position

This position provides assistance to assigned Westchester Small Professional underwriter(s) in managing an assigned book of business, performing policy processing functions and renewal risk analysis, calculating renewal rating and documenting changes to risk, recommending processing approach, and responding to agency requests.

Responsibilities

• Conducts name clearance and processes all transactions in applicable Chubb System.
• Processes cancellations, BORs , and countersigning.
• Researches and resolves premium discrepancies and compliance related issues.
• Books, binds, and issue new line and renewal policies, mid-terms endorsements, and cancellations in applicable rating and issuance systems in accordance with standardized workflows and roles and responsibilities.
• Proactively assists with account management and achievement of service goals.
• Communicates with agents/brokers and underwriters on status of open items.
• Ensures electronic file integrity
• Coordinates renewal process for the underwriter.
• Reviews renewal submission for technical completeness and follows up with producer for missing information.
• Analyzes renewal account-specific information (including, but not limited to, loss information, financials, application, etc.)
• Creates underwriting analysis template and documents template with renewal changes for referral to the underwriter.
• Rates renewal policies and determines pricing strategy in conjunction with underwriter.
• Coordinates the quotation process and completes quotes letter for referral to the underwriter.
• Completes and follows up on Manuscript Endorsement Requests.
• Provides new line rating, quoting and issuance support for template underwriting initiatives
• Coordinates renewal process for the underwriter.
• Reviews renewal submission for technical completeness and follows up with producer for missing information.
• Attend all relevant UA/underwriting training, Operations/UW department meetings, and renewal account reviews as appropriate.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed