Casualty Jr. Underwriter
San Juan, PR · On-site
Role Purpose The Jr. Casualty Underwriter is responsible to analyze and underwrite general ... Claims Department in the event of a claim under one of their accounts in order to interpret ...
Casualty Jr. Underwriter
San Juan, PR · On-site
Role Purpose The Jr. Casualty Underwriter is responsible to analyze and underwrite general ... Claims Department in the event of a claim under one of their accounts in order to interpret ...
Junior Claims Analyst information
What is the difference between Junior Claims Analyst vs Claims Adjuster?
| Aspect | Junior Claims Analyst | Claims Adjuster |
|---|---|---|
| Required Credentials | High school diploma or equivalent; some roles may prefer an associate degree | High school diploma; some roles may require licensing or certification |
| Work Environment | Office setting, analyzing claims data, supporting senior staff | Field and office work, investigating claims, meeting with clients and witnesses |
| Industry Usage | Insurance companies, third-party administrators | Insurance companies, independent adjusting firms |
Junior Claims Analysts typically focus on data analysis and supporting claims processes, often working in an office environment. Claims Adjusters investigate and settle claims, often in the field. Both roles require knowledge of insurance policies, but Claims Adjusters usually have more direct interaction with clients and may need licensing. The roles are closely related but differ mainly in responsibilities and work setting.
How much do claims analysts make in the US?
Claims analysts in the US typically earn a median annual salary of around $50,000 to $65,000, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts or those with specialized skills can earn higher salaries and bonuses.
Is being a junior claims analyst hard?
Being a junior claims analyst involves learning industry-specific processes, such as claims processing and insurance policies, which can be challenging initially. The role requires attention to detail, strong communication skills, and the ability to handle repetitive tasks, but with experience, it becomes easier to manage responsibilities efficiently.
What does a junior claims analyst do?
A junior claims analyst reviews insurance claims to determine their validity and coverage, investigates claim details, and processes payments or denials. They often use claims management software and require strong attention to detail and understanding of insurance policies.
What are popular job titles related to Junior Claims Analyst jobs in Puerto Rico?
For Junior Claims Analyst jobs in Puerto Rico, the most frequently searched job titles are:
What job categories do people searching Junior Claims Analyst jobs in Puerto Rico look for?
The top searched job categories for Junior Claims Analyst jobs in Puerto Rico are:
What cities in Puerto Rico are hiring for Junior Claims Analyst jobs?
Cities in Puerto Rico with the most Junior Claims Analyst job openings:
Chubb rating
8.2
Based on 67 frontline employees who took The Breakroom Quiz
148th of 315 rated insurance
Job description
Role Purpose
The Jr. Casualty Underwriter is responsible to analyze and underwrite general liability while hold a delicate balance between being a salesperson by selling Chubb's insurance products and adhering to their respective Letters of Authority (LOA's), Best Practices and current Chubb's underwriting appetite with authority on Puerto Rico & the Caribbean geographical area.
Key Responsibilities
Examine insurance proposals, gather and evaluate background information in order to effectively assess the risk involved.
Subscribe business in accordance with corporate guidelines, analyze the information provided by agents or brokers using the tools of subscription and experience in the field to establish the best conditions of assurance caring profitability.
Negotiate deals with insurance brokers and /or agents and timely responds and quotation requests and/or inquiries.
Analyze, monitor, work and handle new business received through brokers and renewal accounts assigned by Manager as well as maintain an updated list of accounts being handled each month.
Keep track of their corresponding monthly production goals, including making sure bound account are registered correctly and monitoring planned production.
Visit insurance producers at regular schedules in order to attract potential prospects.
Interact with brokers and customers, externally and internally, other line of business underwriters and top management.
Assist Operations Department in policy issuance as well as support Claims Department in the event of a claim under one of their accounts in order to interpret underwriting intention, if needed.
Create endorsements that may be either requested by insurance producers or needed by a special business.
Present and/or explain covers to insured's and to potential prospects, if needed.
Work in conjunction with all department underwriters.
Perform specials projects and other related duties as assigned.
Chubb is a world leader in insurance. 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.
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, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
Requirements
Bachelor's Degree in Business Administration or Engineering.
Strong analytical, decision making and problem solving skills.
Demonstrate flexibility and adaptability to work in a fast moving and challenging environment.
Proficient in MS (Word, Excel and Power Point). Strong skills of database applications related to claims services.
Intermediate knowledge of the structure and content of the English and Spanish Language.
Experience
One to three (1-3) years of experience in casualty in the insurance industry, preferable.
About Chubb
Sourced by ZipRecruiter
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. We are a unique global organization with a culture of individuals passionately committed to our respective crafts. With underwriting at our core, each of us contributes to providing the best insurance coverage and service to our clients. Our highly collaborative, inclusive nature helps us drive better business outcomes through diversity of background, experiences, insights and values.
Industry
Insurance services
Company size
10,000+ Employees
Headquarters location
Warren, NJ, US