Equipment Breakdown Risk Engineer (Finance)
JOB DESCRIPTION
We are currently seeking applicants for an Equipment Breakdown Risk Engineer (EBRE) for our Chicago, IL branch operations. The EBRE professional operates within the Risk Engineering Department and is considered an integral component of the valued added services that we provide for our commercial insurance policy holders. The position will report to the Chicago Risk Engineering Team Lead and directly support our northern Illinois territory.
The primary focus of this position is to perform risk evaluations, evaluate exposures and controls, develop meaningful loss estimates, and communicate findings to business partners. Responsibilities include the application of critical thinking to determine the adequacy of controls, the likelihood of loss, the magnitude of loss, and the overall insurability. The individual will conduct boiler and pressure vessel inspections in accordance with jurisdictional rules by performing thorough examinations, identifying hazardous conditions, applying appropriate codes and standards, recommending corrective action, and submitting required reports. The individual will communicate to customers how these recommendations impact their business and appropriate courses of action. The Equipment Breakdown Risk Engineer will also perform claims investigations which include evaluating the elements of the accident, extent of damage, damage verification, invoice review, and cause of loss. The individual provides risk improvement services to customers, including identifying exposures with significant loss potential, investigation of losses and evaluation of preventative maintenance management programs. Written reports will include evaluations of machinery breakdown and business interruption exposures, which will assist underwriters in evaluating risks and assigning proper premium for the exposure.
This is a remote-based role that has field travel.
Responsibilities:
- Development of risk improvement reports, recommendations, and other risk assessment documentation
- Building and maintaining productive relationships with underwriting and service teams assigned to support the business with agents, claims, and clients
- Managing workload within an assigned territory
- Taking ownership of the territory and effectively prioritize, plan, and schedule work
- Utilizing technology resources for maximum efficiency
- Responding to customer requests in a timely and professional manner
- Ability to deliver timely, quality service and products to internal and external customers
QUALIFICATIONS
- Qualified
ABOUT US
Chubb is a world leader in insurance. 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. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.
At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
