FAQs
What is the primary role of an Underwriting Assistant in the Political Risk & Credit division?
The primary role of an Underwriting Assistant is to provide administrative and processing support to the Political Risk & Credit division, working within departmental procedures and guidelines under the supervision of the Operations Manager.
What are the key responsibilities of an Underwriting Assistant?
Key responsibilities include accurately recording submissions, processing new business, renewals and endorsements, producing policy documentation, managing premium administration, collaborating with internal and external parties, assisting underwriters with administrative duties, identifying process improvements, and working within Chubb's ethical and service standards.
What level of education is required for the Underwriting Assistant position?
A minimum A level standard (or equivalent) is required for the Underwriting Assistant position.
What skills are necessary for an Underwriting Assistant?
Necessary skills include proficiency in Microsoft Office, effective communication and interpersonal skills both verbally and in writing, and the ability to work collaboratively in a team environment as well as independently.
Is prior experience in the insurance industry required for this position?
Previous experience in an insurance operation, an underwriting support role, or any administrative environment is preferred, but not strictly required.
What will the Underwriting Assistant be responsible for regarding premium administration?
The Underwriting Assistant will be responsible for premium administration tasks, which include invoicing and chasing late payments.
How important is teamwork in this role?
Teamwork is very important in this role, as the Underwriting Assistant must collaborate closely with internal departments and external parties such as brokers and clients.
What should an Underwriting Assistant do if they encounter blockages in their work?
If an Underwriting Assistant encounters blockages, they should escalate the issues to the Operations Manager as necessary.