NRES was made aware of this opportunity in Chicago by one of our alums, but the position is not posted on the ESIS web site. Applicants interested in the Chicago opportunity should send their resume to Robert Murphy, Director of Technical Services, at Robert.Murphy@esis.com.
Underwriting Trainee – NACI
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. 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.
We are currently seeking Underwriter Trainees to join our North American Commercial Insurance Team in our Pheonix, AZ office. This is a Trainee program and all candidates must be fully mobile anywhere in the U.S. once their training is complete.
Production Underwriter Trainees learn to analyze customer's insurance needs and provide solutions to respond to them. Upon successful completion of our training (may include self-study, Computer Based Training, classroom training and on-the-job development), a trainee will be expected to contribute to Team, Center, and Branch results by participating in the book of underwriting business and supporting the more experienced underwriters.
Specifically, Trainees will:
- Develop proficiency in general insurance theories and practices as well as the specific underwriting strategies for their business unit
- Develop an expertise in analyzing customer needs and develop insurance programs to meet those needs
- Contribute to the financial performance of the underwriting unit throughout the training period by assisting in the negotiating of price, coverage, and terms for renewals
- Analyze exposures, determining whether the risk continues to meet Chubb's underwriting criteria, proposing terms and pricing, and ensuring proper documentation
- Build relationships with agents and engage in marketing efforts
- Identify cross sell opportunities
- Meet with producers to make sales presentations including product education and new product roll out
- Collaborate with underwriters, operations, claims, marketing and home office product management
- Meet service standards consistently
- Collect and share industry intelligence with team, including industry trending and development
- Deal effectively with a wide variety of people
- Demonstrate an aptitude for evaluating, analyzing and interpreting information
- Demonstrate and utilize strong verbal and written communication skills
Position Requirements:
- Proven track record of success with Sales, Marketing, and/or Negotiations
- Demonstrate potential to be entrepreneurial and manage a 4 to 6 million dollar book of business
- Demonstrated self-starter
- Strong time management and prioritization skills
- Strong interpersonal, communication and negotiation skills. Ability to effectively interact with all levels of internal and external business partners
- Proven track record of superior performance and leadership
- Ability to be creative and adaptable in a changing business environment
- Demonstrated ability to develop creative, innovative solutions
- Sound, balanced, and timely decision making skills
- Aptitude for evaluating, analyzing and interpreting information
- Cultivate relationships with insurance agents and brokers in order to learn more about their clients’ needs and to encourage them to submit business that meets Chubb’s underwriting standards
- Investigate, evaluate and analyze a diverse group of potential clients to determine if they meet Chubb’s selection criteria
- Learn the clients’ business well enough to develop appropriate terms, conditions and prices for the insurance contracts
- Negotiate with insurance agents and brokers in a way that meets the clients’ needs, while also achieving a profit for Chubb
- Strong financial analysis skills strongly preferred
- Demonstrate adaptability/flexibility
- Knowledge of Microsoft Office Suite as well as other business-related software
- College degree preferred
- Must be fully mobile anywhere in the U.S.
Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. Chubb is an equal opportunity employer and our employment decisions are made without regard to race, color, religion, age, gender, national origin, disability, handicap, marital status or any other status or condition protected by Federal and/or State laws, except where bona fide occupational qualifications apply.
