Surety Assistant Jobs (NOW HIRING)

Chubb Surety is currently interviewing for a Home Office Surety Underwriting Manager for the National Engineering & Construction Group.  Based in Whitehouse Station, NJ or Philadelphia, PA, the Underwriting Manager will actively underwrite and manage a portfolio of large, complex national/international construction surety accounts, including coordination with Chubb Surety field offices, co-surety partners, producers and customers.

Core Responsibilities:

• Assist and support the Surety Director in achieving strategic goals and financial targets ensuring strong revenue growth based upon market conditions and credit terms.
• Keep Director and informed on accounts experiencing credit difficulties and financial losses. Create well documented account management plans. 
• Handle accounts and branches as assigned by Director and actively participate in dual underwriting process.  Proactively make sound, well thought out recommendation on plans of action. 
• Work effectively in collaborative manner with all constituents in the underwriting process to reach timely conclusion. 
• At Surety Director's discretion, act in their absence; demonstrate leadership in their respective area and throughout Surety by acting as a positive role model, promoting developmental goals and strategies.

Underwriting/Credit Management Responsibilities:

• Make independent decisions within given authority regarding the acquisition of new business as well as in the underwriting of existing business.
• Effectively manage the dual underwriting process and assist the underwriters in their dual underwriting activities.
• Work with Surety Director, other Home Office underwriters, Field, Credit Manager, and General Counsel as part of the overall management and underwriting of the book of business.
• Manage the underwriting process to maintain the integrity of the overall surety portfolio
• Ensure accounts comply with credit matrix
• Actively travel as needed to effectively manage account relationships
• Travel with underwriters, as necessary, to assist and coach them in the underwriting process
• Ensure customer underwriting and management plans are in place and actively executed across book of business to retain and grow the business.

Leadership:

• Act as a resource to answer questions, hold discussions and make recommendations on specific underwriting issues and on general underwriting best practices
• Provide product, industry and pricing training to respective area
• Promote and support a diverse, positive, and open work environment by promoting, hiring and retention of diverse candidates, and by encouraging an atmosphere of open communication
• Interview, hire and train new employees in conjunction with Surety Director
• Actively participate as a senior information resource and thought leader both within the department and through regional and national industry associations.

Operations/Service:

• Proactively promote Chubb Surety in the marketplace
• Build and maintain effective relationships with new and existing customers and producers
• Explore opportunities to cultivate new relationships, attend and participate in industry related functions
• In conjunction with Surety Director, establish and implement procedures and policies to ensure exceptional service to both internal and external customers
• Provide quality control for respective area through review of files and the monitoring of adherence to established procedures and practices
• Be responsible, along with Surety Director, for pricing adequacy, underwriting and producer management
• Participate as needed and provide input on special departmental projects

• Bachelors degree required
• 10+ years of surety underwriting experience preferred
• Legal/Accounting experience preferred
• Excellent written and oral communication skills
• Ability to communicate at all levels of the organization
• Advanced leadership and interpersonal skills
• Exceptional organizational skills
• Ability to priorities and simultaneously manage multiple responsibilities
• Demonstrated ability to make difficult credit and producer management decisions

The pay range for the role is $139,000 to $201,000 The specific offer will depend on an applicant's skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program.  Chubb offers a comprehensive benefits package, more details on which can be found on our careers website.  The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.