Underwriting Assistant Jobs in Springfield, MA (NOW HIRING)

This Sr. Underwriting Assistant provides assistance to assigned Westchester Fin-Lines underwriters in managing their assigned book of business, performing policy processing functions, and conducting renewal risk analysis. It also involves calculating renewal ratings and documenting changes to risk, recommending processing approaches, and responding to agency requests.

Primary Responsibilities include but are not limited to:

• Conducts name clearance and processes all transactions in the 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.
• Communicate with agents/brokers and underwriters on the 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.
• Analyze renewal account-specific information (including, but not limited to, loss information, financials, application, etc.) Creates underwriting analysis templates and documents templates with renewal changes for referral to the underwriter.
• Perform rating-related tasks in coordination with the transaction.
• 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 the producer for missing information.
• Participate in ad hoc projects based on business needs
• Attend all relevant UA/underwriting training, Operations/UW department meetings, and renewal account reviews as appropriate.

The individual in this position must have strong communication, multi-tasking, organizational, and customer service skills. In addition, the individual must demonstrate the following skills:

• Proficient in Word and Excel.
• Mathematical aptitude.
• Basic understanding of financial concepts and terminology.
• Self-starter with strong time management and prioritization skills.
• Ability to organize work and perform within time constraints.
• Ability to work in a fast-paced and changing business environment.
• Demonstrates solid verbal and written communication skills.
• Minimum High School diploma or equivalent. 3 years of previous Insurance experience in a similar role is required.

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.

Job Identification 30915

Job Schedule Full time

Regular or Temporary Regular

Job Category Underwriting Support

Business Unit United States

Legal Employer ACE American Insurance Company