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Group Underwriter at Chubb

Posted in Insurance 30+ days ago.

Type: Full-Time
Location: Chicago, Illinois





Job Description:

Combined Insurance, a Chubb Company, is seeking a Group Underwriter to join our fast-paced, high energy, growing company. For nearly 100 years in the insurance industry, our company has been passionate about serving our customers and providing them peace of mind and protection when they need it the most. Come build your career here, along with other positive, hard-working, talented professionals—just like you!

JOB SUMMARY 

The Group Underwriter position will be responsible for underwriting Accident, Critical Illness, Hospital Indemnity, Disability and Life new business opportunities and renewals for Chubb Workplace Benefits.  The individual will partner with sales during the proposal and renewal process to look for ways to grow sales while maintaining a profitable block of business based upon company guidelines.  This role requires exceptional skills in Microsoft Office, has a deal maker mentality, can handle multiple tasks at the same time, is comfortable in a fast- paced environment, is results driven, detail oriented, and maintains a focused attention to accuracy. 

RESPONSIBILITIES:


  • Engage with Sales on how best to present a competitive Chubb proposal by optimizing plan design and pricing for a particular client.

  • Create proposals for potential clients that place Chubb in the most favorable position to gain the business based upon Chubb’s guidelines and standards.

  • Collaborate with other functional areas with the onboarding of new group clients to insure an exceptional customer experience.

  • Gather data on group clients and distribution partners to ensure underwriting offers are within compliance parameters. 

  • Participate and lead initiatives related to Group Underwriting continuous improvement and or support other Chubb Worksite functions.

  • Meet all departmental goals for productivity, quality and turnaround time.

  • Handles complex cases within assigned authority limits: Binding Authority up to 5,000 lives.

COMPETENCIES:


  • Customer Centric

  • Problem solving skills

  • Solid Analytical skills

  • Detail Oriented

  • Relationship Management

  • Team player

  • Excellent communication skills

  • Strong mathematical skills

SKILLS & KNOWLEDGE:


  • Exceptional skills in Microsoft Office, especially Excel, Word and Power Point.  Microsoft Access a plus.

  • Solid analytical, decision making and problem-solving skills with attention to detail.

  • Ability to make decisions in the absence of complete information

  • Excellent verbal and written communication skills.

  • Demonstrates solid negotiation skills

  • Ability to quickly and effectively adapt to a changing environment

  • 2-4 years of Group and or Voluntary Benefits underwriting experience

  • Solid knowledge of voluntary benefits products

EDUCATION:


  • Bachelor’s degree

Job Level Commensurate with Experience

OUR BENEFITS

As a Combined/Chubb corporate employee, you have access to one of the most comprehensive benefit plans in the business, designed to meet your needs and help you reach your financial goals. Chubb is committed to supporting its employees with a comprehensive compensation package that is appropriate in the market where they work. Below are several of the many benefits we offer our employees: 


  • Health insurance

  • Dental insurance

  • Tuition reimbursement

  • A company-match 401(k) plan

  • Disability insurance

  • Life insurance

  • Employee referral bonuses

ABOUT COMBINED INSURANCE

Combined Insurance is a leading provider of individual supplemental accident, disability, health and life insurance products, and a Chubb company. With a field sales force and corporate staff in excess of 5,000 people worldwide, Combined Insurance meets the growing coverage needs of policyholders around the globe. We pride ourselves on being customer-centric, people-driven, accountable, performance-minded, and ethical. We invest in our employees and take the time to focus on their development, needs and career aspirations.

 Our parent company, Chubb, is one of the world’s largest multiline property and casualty insurers. 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. 

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