Surety Underwriting Assistant (Finance)

JOB DESCRIPTION

We are seeking a highly organized and detail-oriented individual to join our team as a Surety Underwriting Assistant. As a Surety Underwriting Assistant, you will play a vital role in supporting the underwriting process and ensuring the efficient and accurate execution of bonding transactions. This role is based out of our Alpharetta, GA office.

Responsibilities:

• Assist the Surety Underwriters in the evaluation and analysis of financial information, credit reports, and other pertinent documentation to make informed decisions on bond applications.
• Prepare and review bond documents, including bid, performance, payment, and maintenance bonds, ensuring compliance with company standards and regulatory requirements.
• Collaborate with internal and external stakeholders, such as brokers, agents, contractors, and clients, to gather necessary information and resolve any outstanding issues.
• Maintain accurate and up-to-date underwriting files and systems, including inputting data, generating reports, and managing documentation in accordance with internal policies.
• Assist in the review and analysis of renewals, endorsements, and cancellations, ensuring adherence to contractual obligations and compliance with underwriting guidelines.
• Monitor bond collections and coordinate with accounting departments to process premiums and ensure timely payment.
• Conduct research on industry trends, competitors, and other relevant information to contribute to the development of underwriting strategies and risk assessment methodologies.
• Stay updated on industry regulations and evaluate their impact on underwriting practices, proposing adjustments or enhancements as necessary.
• Provide excellent customer service to clients, brokers, and internal stakeholders by promptly addressing inquiries, resolving issues, and providing accurate information.
• Collaborate with other underwriting assistants and team members to foster a supportive and collaborative work environment focused on achieving departmental goals.

QUALIFICATIONS

• 
  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.