This job ad has been posted over 60 days ago...


Full-time Surety Underwriter

at Chubb in New Jersey

For nearly 130 years, the Chubb Group of Insurance Companies has been delivering exceptional property and casualty insurance products and services to businesses and individuals around the world.

Today, we are the 11th largest property and casualty insurer in the United States and have a worldwide network of some 120 offices in 27 countries staffed by 10,100 employees. The Chubb Corporation reported $50 billion in assets and $13 billion in revenues in 2010. According to Fortune magazine, Chubb is the 185th largest U.S.-based Corporation. Forbes listed Chubb as one of America’s 100 Most Trustworthy Companies.

We have emerged as a leader in the insurance industry not only on the basis of our size or our longevity. We consistently strive to build lasting relationships with our customers and 8,500 independent agents and brokers, and we aim to be the best at what we do by delivering unparalleled service and innovative, scalable and specialized products backed by financial strength and third-party endorsements.

Chubb is currently seeking a Surety Underwriter for the Warren, NJ office.

Position Description:

Operating within the Surety Division Home Office platform, work with our domestic branches in support of the dual underwriting framework as well as gain exposure and provide assistance to international branches worldwide. The Surety Underwriter is responsible for meeting or exceeding the goals established for profit, service, and relationship management with branches, producers, customers and other Chubb departments. Demonstrate enthusiasm and initiative in making independent decisions. Act as a resource and display leadership qualities during interactions with fellow staff members. The position includes a variety of responsibilities including, but not limited to, analyzing financial statements and contracts, maintaining and servicing existing accounts, developing relationships with branch personnel, customers, brokers and assisting with the placement of bonds internationally.

Surety Underwriters have underwriting as well as marketing responsibilities on an assigned book of business. The underwriting responsibilities include reviewing and evaluating financial information and contract documents, forming an opinion and making recommendations based on that information. The position may include future marketing responsibilities such as maintaining and servicing existing accounts, developing new relationships, and visiting with customers and agents

Competencies/Tech Skills:
- College Degree (financial or accounting course work desirable)
- Self starter, confident and proactive.
- Demonstrated ability to make firm independent recommendations
- Excellent written and oral communication skills
- Exceptional organizational skills
- Strong financial background (banking, financial services or construction)
- Ability to understand and articulate complex financial and business issues
- Prior Surety or Credit Analyst experience with a large financial institution

Chubb prides itself on the ability to provide all employees with an extraordinary work environment which promotes teamwork, diversity and incentives for those who exceed expectations. Chubb has been recognized as one of the top 50 companies for diversity by Diversity Inc. magazine, one of America’s most admired companies by Forbes, and one of the top 100 companies to work for by Fortune.

Chubb's compensation and benefit plans work together to create a Total Rewards Program for our employees that is among the best in our industry. As a global organization, we work hard to achieve our goal of providing flexible and competitive compensation and benefits packages in each local market in which we operate. Our goal is to exceed average market practices for our performers. For more information about Chubb and our benefits, visit our website at

All interested applicants must apply online at Reference Requisition number 10581.

Chubb & Son, Inc., a division of Federal Insurance Company, does not accept resumes from unsolicited third party agencies or recruiters. No fees will be paid to third parties who submit unsolicited candidates in this manner.

Recent jobs at Chubb
Full-time Manual Rater - Excellent Math Skills Needed! at Chubb in Whitehouse Station, NJ Nov 12, 2012
Full-time Account Specialist - Previous Account Management Preferred/A&H a Plus! at Chubb in Whitehouse Station, NJ Nov 07, 2012
Full-time General Adjuster - 10+ Years of Outside Property Adjusting Exp Needed at CHUBB in Northern California or Los Angeles Nov 05, 2012

« Go back to homepage
Is this job ad fake? Report it!   
Recommend to a friend
Published on May 09, 2012
Viewed: 1121 times