Property Underwriter

4 days ago

San Juan, San Juan, United States Chubb Full time $60,000 - $80,000 per year
Description

Role Purpose
The Property Underwriter is responsible for negotiate with brokers, study various insurance proposals by gathering and assessing background information to effectively underwrite the risk involved.

Key Responsabilities

•    Examine insurance proposals, gather and evaluate background information in order to effectively assess the risk involved.

•    Underwrite business in accordance with corporate guidelines, analyze the information provided by agents or brokers using the tools of subscription and experience in the field to establish the best conditions of assurance caring profitability.

•    Negotiate deals with Insurance brokers, reinsurance broker and / or agents. 

•    Analyze, monitor, work and handle new business received through brokers and renewal accounts assigned by Manager as well as maintain an updated list of accounts being handled each month.

•    Keep track of their corresponding monthly production goals, including making sure bound account are registered correctly and monitoring planned production.

•    Visit insurance producers at regular schedules in order to attract potential prospects.

•    Interact with brokers and customers, externally and internally, other line of business underwriters and top management. 

•    Assist Operations Department in policy issuance as well as support Claims Department in the event of a claim under one of their accounts in order to interpret underwriting intention, if needed. 

•    Create endorsements that may be either requested by insurance producers or needed by a special business.

•    Present and/or explain covers to insured's and to potential prospects, if needed.

•    Perform specials projects and other related duties as assigned.
 

Qualifications

Requirements

•    Bachelor's Degree in Business Administration, Economics or Engineering. 

•    Strong analytical, decision-making and problem-solving skills.

•    Demonstrate flexibility and adaptability to work in a fast moving and challenging environment.

•    Proficient in MS (Word, Excel and Power Point). 

•    Intermediate knowledge of the structure and content of the English and Spanish Language.

•    Management of small-medium accounts. 
Experience

•    Three (3) – Five (5) years of insurance industry experience. Property, preferred.     
 


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