U/W Assistant: ACE Limited/ACE INA

The ACE Group of Companies is one of the worlds leading global commercial property and casualty insurance and reinsurance organizations, with 16,000 employees worldwide and offices in more than 50 countries.

ACE serves the property and casualty insurance needs of businesses of all sizes in a broad range of industries. We also provide specialized insurance products—such as personal accident, supplemental health and life insurance—to individuals in select countries. Our reinsurance operations include both property and casualty and life companies.

Details of this critical opening follow:

A. TITLE: UNDERWRITING ASSISTANT

Scope

Fundamentals of coverage, terms and conditions. Ability to offer coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer.

Risk Assessment. Ability to identify risk exposures, special or common hazards, and appropriate controls. Ability to select risk based on exposure and risk analysis. Ability to analyze claims and quantify losses.

Financial proficiency. Understanding of financial statements and ratios used in risk analysis. Understanding of insurance financial fundamentals; impact of underwriting decisions on company assets. Ability to understand credit risk.

Actuarial fundamentals. Ability to understand loss trends, loss triangles, and ratemaking. Ability to quantify risk based on experience history and forecasting methods.

Marketing and Communications. Ability to sell and negotiate to achieve bottom line profitability for the Company. Ability to make presentations and communicate articulately. Ability to base communications on strategic thinking. Ability to manage producer strategy.

Systems and programs. Ability to use systems and software programs needed to conduct daily business.

B. KEY OBJECTIVE:

Provide underwriting and administrative support to Underwriting unit.

C. MAJOR DUTIES & RESPONSIBILITIES:

Duties may include are not limited to:

a. Handle clearance of new submissions and file set-up of new policies.

b. Identify forms and endorsements used in policy construction.

c. Handle general correspondence and renewal letters.

d. Maintain service standards by timely response to broker requests and timely receipt of underwriting information.

e. Communicate with customers to confirm or obtain data needed for policy issuance and servicing.

f. Prepare at the direction of the Underwriter quotations, binders and or policies.

g. Conduct account inquiries in various management systems.

h. Handle special projects as assigned.

D. SCOPE INFORMATION: (include operating budget, revenue goals, reporting relationships, # of direct/indirect reports, etc.)

E. MINIMUM REQUIREMENTS:

* High school diploma or equivalent

* 2-3 years of insurance experience

* Strong data entry and computer skills.

F. DESIRED QUALIFICATIONS:

* 1-2 years of prior commercial insurance underwriting support experience.

* Basic understanding of insurance terminology.

* Good verbal and written communication skills.

* Ability to work autonomously

* Strong organization and prioritization skills

* Good attention to detail

* Flexible and adaptable to change ACE offers a competitive salary plus cash bonus, equity opportunities and a comprehensive benefits package including life, health, dental, vision, a generous retirement savings plan with a generous company match, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress.

Sound like the right job for you? For consideration, please apply below. If you would like additional information about the ACE Group, please visit our website at www.acelimited.com