Commercial Renewal Underwriter, Construction
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Job Location:
Philadelphia, PA - USA
Monthly Salary:
Not Disclosed
Posted on:
3 days ago
Vacancies:
1 Vacancy
Job Summary
Summary
Responsible for analyzing and underwriting renewal applications and handling endorsements for a variety of commercial insurance lines including auto property general liability and workers compensation. You will work closely with agents brokers and internal teams to assess risk develop competitive insurance solutions and ensure compliance with company underwriting guidelines.
Key Responsibilities
- Review and analyze renewal applications for small to mid-market commercial accounts focusing on auto property general liability and workers compensation coverage.
- Evaluate risks and determine appropriate pricing and coverage terms in accordance with company guidelines.
- Collaborate with agents and brokers to gather necessary information and resolve any issues related to the renewal process.
- Develop and maintain strong relationships with agents brokers and clients to foster trust and facilitate effective communication.
- Provide guidance and support to internal teams including claims and risk management to ensure cohesive service delivery.
- Monitor industry trends loss experience and regulatory changes to inform underwriting decisions.
- Document underwriting files thoroughly to support decision-making and compliance standards.
- Participate in training and continuing education to enhance underwriting skills and knowledge of the insurance industry.
Qualifications
- Strong understanding of commercial insurance coverages including auto property general liability and workers compensation.
- Proficient in underwriting principles risk assessment and pricing methodologies.
- Excellent analytical and decision-making skills with the ability to assess complex risk factors.
- Strong communication and interpersonal skills with the ability to build and maintain relationships with stakeholders.
- Detail-oriented with strong organizational skills to manage multiple accounts and deadlines effectively.
- Proficient in underwriting software and Microsoft Office Suite; familiarity with agency management systems is a plus.
- Professional certification (e.g. CPCU AU or equivalent) is preferred but not required.
Key Skills
- Loan Processing
- Computer Skills
- Fraud
- Math
- Banking
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Underwriting
- Financial Analysis
- negotiation
- Phone Etiquette
About Company
Chubb Life has been in Egypt since 2003. Chubb Life is the international life insurance division of Chubb - the world's largest publicly traded property and casualty insurance company by market capitalization.
