Job Chubb Assocaite Program- New and Upcoming Grads in Toronto

Chubb Assocaite Program- New and Upcoming Grads

Toronto
Job description

ABOUT CHUBB:

Chubb is 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 successful individuals and families.

Chubb’s Canadian branches are Toronto, Montreal, Calgary, and Vancouver.

WHO WE ARE:

We are a unique global organization with a culture of individuals passionately committed to our respective crafts. With underwriting at our core, each of us contributes to providing the best insurance coverage and service to our clients. Working together, we are one Chubb. Our highly collaborative, inclusive nature helps us drive better business outcomes through diversity of background, experiences, insights and values. We approach problems with a can-do attitude and are committed to developing deep relationships — all while moving quickly to meet client needs.

ABOUT THE CHUBB ASSOCIATE PROGRAM (CAP):

All recent graduates will join the Chubb Associate Program (CAP), a comprehensive 2-year program designed to develop broad insurance fundamentals, technical proficiency, and cross-functional insurance knowledge and networks. Our training program ensures that you begin your career with the tools and training necessary to succeed in a variety of roles within the underwriting and claims career paths.

CAP is a truly blended curriculum that includes coordinated classroom training, webinar training, online self-study, on-the-job learning, group project work, mentoring and networking. By design, the program includes exposure to various functional units, internal learning programs and professional designation studies. As part of CAP, you will receive:

  • Challenging assignments and the opportunity to contribute to the results of a team;
  • Collaborative learning and group assignments with program members to help gain broader organizational understanding;
  • Technical training to deepen your skill level within your chosen discipline and an understanding of our broader industry;
  • Interpersonal effectiveness skill development to help you enhance communication and interactive skills;
  • Executive engagement allowing program members the opportunity to network and learn from Chubb’s thought leaders;
  • Peer mentoring support to help members navigate through professional situations in their early development;
  • A pathway to leadership development opportunities and global assignments.

From Day One, you will play an active role within the organization by developing new ideas, having exposure to new business opportunities, and providing service to an existing renewal portfolio. To be successful, you will need to cultivate and maintain strong relationships with our brokers and interface with them to develop winning solutions. Your analytical abilities and strong broker relationships will help Chubb grow profitably and reach our overall business targets.

Chubb also encourages you to continuously develop your professional skills and supports your external training through our Investment in Education Program, which offers tuition reimbursement, study and exam days, and designation awards.

Overall, your training will never stop at Chubb.

CAREER OPPORTUNITIES:

We recruit individuals from a variety of backgrounds including Commerce, Arts, Engineering, and Science, who demonstrate superior teamwork, leadership, analytical and decision-making ability, business acumen, and exceptional communication and sales skills. The skillset needed to do our jobs is varied and challenging - applying often to new graduates from various programs and schools. We are currently recruiting for Associates to join our Underwriting (Commercial Insurance, Financial Lines, Personal Risk Services, Major Accounts) and Claims departments.

UNDERWRITING OVERVIEW:

Underwriters in general weigh the risks associated with a prospective customer’s business, determine if the business meets Chubb’s criteria of acceptability approve or decline the risk, negotiate contract terms, determine pricing, and work closely with independent brokers to manage the business they place with Chubb.

From the moment you join Chubb, you will begin the process of learning and applying a variety of underwriting skills. You will be given a “book of business” to manage and your success will come from your own efforts. To be successful, you will need to cultivate and maintain strong relationships, with your assigned group of external brokers. This will allow you to learn more about their clients’ needs and encourage the broker to submit to us their business. Your strong relationships will make your brokers want to choose you and Choose over the other insurance carriers they do business with.

Once a risk is submitted, you will investigate, evaluate, and analyze it to determine if it is a risk worth taking or renewing. In order to do so, you will need to research and understand the client’s risk, whether personal or commercial in nature. You will develop appropriate contract wording and pricing. Finally, you will negotiate and market our product to your brokers in order to secure new business and retain existing business.

Ultimately, your analytical abilities and strong broker relationships will help Chubb grow profitably and reach out to overall business targets.

Commercial Insurance

Our Commercial Insurance team underwrites and sells a broad range of products and segment-specific solutions to a select group of companies, including Energy (oil and gas, mining, hydroelectric), Life Sciences (pharmaceutical, medical device), Technology and Clean Tech, Manufacturing, Entertainment (film, television, and concert production) and more. Chubb offers protection that covers their property, general liability, and automobile insurance needs.

Financial Lines

Our Financial Lines team provides protection for risks such as Professional Liability, Cyber, Directors and Officers Liability, Kidnap & Ransom, Commercial Crime, Employment Practices Liability, and Fiduciary Liability. Financial Lines underwriters have exposure to organizations of various sizes and industries. From mining companies and not-for-profit entities in Management Liability to professional services firms and media organizations in Professional Liability, to banks, stockbrokers, and mutual fund companies in Financial Institutions, our underwriters are on the cutting edge of technology and business trends.

Personal Risk Services

Our Personal Risk Services team offers an array of property and casualty insurance products for successful individuals and families. From rare objects to fine art to classic cars, our Personal Risk Services team takes great pride in offering a seamless client experience and superior protection for our clients’ most valuable possessions. Our customers include many of the most affluent families in the world, CEO’s, and top art collectors. Today, Chubb insures 54% of the top 100 wealthiest Canadians.[1]

Major Accounts

Our Major Accounts team specializes in meeting the risk management needs of large U.S. and Canadian-based companies that require tailored solutions. Chubb’s Major Accounts customers generally have revenue of over $750M and employ a risk manager or risk management program run by corporate finance or general counsel. In addition, our Major Accounts underwriters often deal with companies with locations worldwide, developing global expertise in regulation, loss assessment, mitigation, and claims handling.

Claims

At Chubb, we believe the true measure of an insurance carrier is how it responds to and manages your claim. Our Claims professionals are committed to delivering a superior claims experience by demonstrating integrity, empathy, promptness, expertise, and fairness – treating each customer the way we would like to be treated if we were to experience the same loss. By joining our Claims team, you will work with a diverse group of customer service-oriented professionals and play an important role in managing and resolving a broad range of claims.

To learn more about any of these areas, please visit chubb.com/ca-en/careers.

QUALIFICATIONS:

  • University degree with strong average to above-average grades.
  • Proven leadership and decision-making skills.
  • Proven interpersonal and team-building skills, with an ability to work effectively with colleagues at all levels.
  • Must demonstrate integrity, enthusiasm, and drive to deliver team and corporate goals.
  • Aptitude for evaluating, analyzing, and interpreting information.
  • Exceptional oral and written communication skills, negotiation skills.
  • Effective time management and organizational skills.
  • Technically adept/digitally savvy.
  • Bilingualism is required to work at our Montreal branch.

If you are interested in this position, please submit your cover letter, resume, and unofficial transcript.

Job Types: Full-time, Permanent

Schedule:

  • Monday to Friday

Application deadline: 2022-09-25

Job Chubb Assocaite Program- New and Upcoming Grads in Toronto

Chubb

Toronto