Surety Bond Processor

2 weeks ago


Readington, New Jersey, United States CHUBB Full time

Job Summary:

The Technical Assistant - Surety will provide support to the Surety Underwriting team, focusing on processing and related functions that contribute to Surety's business success.

Main Responsibilities:

  • Prepare and execute bid bonds, final bonds, riders, consents, releases, cancellations, and other related documents for Chubb Surety customers in a timely and accurate manner.
  • Process Surety data into the corporate booking system, including new lines, premium adjustments, cancellations, status inquiries, contract bond close outs, and all bond changes.
  • Review new lines within a timeframe that meets department and/or branch standards.
  • Ensure proper rating and coding of bonds, accuracy of data, and ROE's, making corrections as necessary.
  • Verify renewal bills for accuracy, initiate requests for additional information, and bring unusual issues to the Supervisor for review.
  • Resolve bookkeeping problems as they arise.
  • Manage the shared emailbox according to department procedure to ensure timely handling and processing of all items.
  • Perform other duties as assigned.

Requirements:

  • Excellent time management skills and ability to work in a multi-task environment.
  • Strong organizational and prioritization skills.
  • Ability to exercise judgment, decision making, and initiative.
  • Ability to respond in a deadline-oriented environment.
  • High degree of comfort working with numbers.
  • Attention to detail, neatness, and accuracy.
  • Ability to work independently with minimal direction.
  • Ability to work and function well within a team environment.
  • Effective communication and customer service skills.
  • Excellent PC skills, including MS Excel and Word.


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