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Surety Technical Assistant I

Chubb
Posted a month ago, valid for 15 days
Location

Whitehouse Station, NJ 08889, US

Salary

$50,000 - $60,000 per year

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Contract type

Full Time

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Sonic Summary

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  • The Technical Assistant will support the Surety Underwriting team by processing various functions essential to the business's success.
  • Key responsibilities include preparing and executing bid bonds, processing Surety data, and ensuring accuracy in bond ratings and coding.
  • The role requires attention to detail in managing renewal bills and resolving bookkeeping issues as they arise.
  • Candidates should have at least 2 years of relevant experience in a similar role and a strong understanding of insurance processes.
  • The position offers a competitive salary of $50,000 per year, reflecting the importance of the role within Chubb's operations.

KEY OBJECTIVE:                                                                                                                                                           

The Technical Assistant will provide service and support to the Surety Underwriting team with the main focus of the job related to processing and related functions that contribute to Surety’s business success.   

 

MAJOR RESPONSIBILITIES:                                                                                                                                   

  • Prepare and execute and/or arrange for the execution of bid bonds, final bonds, riders, consents, releases, cancellations, etc. for any and all Chubb Surety customers in a timely and accurate manner and in accordance with department standards.
  • Process all Surety data into the corporate booking system(s) including new lines, premium adjustments, cancellations, status inquiries, contract bond close outs, all bond changes, etc., in a timely and accurate manner and in accordance with department standards.
  • Ensure that all new lines are reviewed within a timeframe that is in accordance with department and/or branch standards.
  • Ensure proper rating and coding of bonds and accuracy of data and ROE’s, making corrections where necessary.
  • Check renewal bills for accuracy; initiate requests for additional information and bring unusual issues to Supervisor for review.
  • Resolve bookkeeping problems as they arise.
  • Manage shared E-mailbox according to department procedure to ensure timely handling and processing of all items. 
  • Other duties as assigned.

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.



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