12/05/2021

Property Product Specialist

  • Chubb
  • Whitehouse Station, NJ, United States

Job Description

We are the world’s largest publicly traded property and casualty insurer with operations in 54 countries, exceptional financial strength, and a broad range of personal and commercial insurance products. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. We combine the precision of craftsmanship with decades of experience to conceive our craft and deliver the very best insurance coverage and service to individuals and families, and businesses of all sizes.

Chubb’s insurance businesses in North America serve clients ranging from the largest multinationals, mid-size companies and small businesses to high-net-worth individuals, middle-income consumers and farmers and ranchers.

As part of the Commercial Insurance Property Line of Business team, you will be responsible for language analysis of policies written on a non-Chubb wording. The key responsibilities for this role are:

  • Review competitors’ wordings and broker manuscripts to identify compatibility with Chubb's product language strategy as well as key differentiators in forms
  • In conjunction with the Energy team and Legal department, determine extent of coverage and potential claims impact of the wordings/manuscripts
  • Analyze the necessary amendments needed to the competitor wording and broker manuscript to mitigate potential losses
  • Work with Product Development in various Property project involving contract amendments as well as IT support
  • Collaboration with Home Office Property and industry practice managers

Qualifications:

  • 1 to 3 years of underwriting, claims, insurance legal, or other professional work experience.
  • Proven ability to solve problems independently and with success.
  • Strong organization and time management skills with the ability to follow-up independently.
  • High level of responsiveness and efficiency when working with stakeholders.
  • Legal or property claims experience an asset
  • Ability to respond as a team player, in a multi-task environment.
  • Ability to effectively prioritize tasks.

Education:

  • Bachelor's Degree
  • Eastern and Central time zone candidates preferred

Chubb strives to offer a diverse and inclusive and rewarding work environment.  Teamwork and mutual respect are central to how Chubb operates and we believe the best solutions draw upon diverse perspectives, experiences and skills.  We operate in such a way where everyone, regardless of their singular background has the opportunity to contribute to our collective success.

 Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress.  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, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran, or marital status, or any other characteristic protected by law.


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