Underwriter, Surety

Chubb Ltd

Whitehouse Station, NJ

JOB DETAILS
SALARY
$82,000–$118,000 Per Year
SKILLS
Accounting, Actuarial Skills, Analysis Skills, Business Analysis, Claims Processing, Communication Skills, Construction, Detail Oriented, Economics, Finance, Incentive Programs, Insurance, Insurance Underwriting, Maintain Compliance, Marketing, Organizational Skills, Quality Metrics, Regulatory Compliance, Risk, Risk Analysis, Risk Management, Underwriting
LOCATION
Whitehouse Station, NJ
POSTED
10 days ago

Chubb Surety is seeking a detail-oriented Surety Underwriter to join our Home Office middle market construction group team. This role is responsible for executing underwriting strategies, ensuring compliance with service standards The ideal candidate will demonstrate technical underwriting expertise, and a commitment to contributing to a high-performing team.

Key Responsibilities:

  • Actively engage in the dual underwriting process to ensure accounts meet Quality Account Standards.
  • Engage in the underwriting process in collaboration with branch & home office underwriters, peers, and the director, ensuring service standards are met for all accounts and prospective opportunities.
  • Communicate clearly and promptly with branches regarding bond approvals, conditions, and information requirements.
  • Support branches in analyzing new business opportunities and ensure alignment between branch and home office on risk selection and action plans.
  • Build and maintain strong relationships with key stakeholders in the Surety Home Office, field, and across departments.

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.

  • Bachelor's degree required in Business, Accounting, Finance, Economics, Risk Management/Insurance, Actuarial Science, or Marketing preferred.

  • Minimum 2 years of experience in underwriting or similar insurance function.

  • Knowledge of surety products, underwriting standards, and risk assessment is highly desired.

  • Excellent communication, organizational, and analytical skills.

The pay range for the role is $82,000 to $118,000 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.

About the Company

C

Chubb Ltd

Chubb is the world’s largest publicly traded property and casualty insurance company and the largest commercial insurer in the U.S.

With operations in 54 countries and territories, we are a major personal lines writer, as well as a leading middle market, small commercial and large industrial commercial insurer, providing a wide range of traditional and specialty coverages.

As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. And we combine the precision of craftsmanship with deep experience to conceive, craft and deliver the very best insurance coverage and service to individuals and families and to businesses of all sizes.

Our products and services are distributed through brokers, independent agents, exclusive agents and various forms of direct marketing.

What we deliver:

  • Extensive product and service offerings
  • Broad distribution capabilities
  • Service excellence
  • Risk expertise
  • Underwriting discipline
  • Exceptional financial strength
  • Local operations globally
COMPANY SIZE
500 to 999 employees
INDUSTRY
Insurance
FOUNDED
1792
WEBSITE
https://www.chubb.com/