Chubb Insurance Company of Canada

Toronto, Ontario

Chubb Associate Program (Commercial Insurance)

Feb 11, 2018
Competitive
Montreal, Quebec
Entry Level, Early Career

 ABOUT CHUBB: 

Chubb is the world’s largest publicly traded property and casualty insurer. 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. 

The insurance companies of Chubb serve multinational corporations, mid-size and small businesses with property and casualty insurance and services; affluent and high net worth individuals with substantial assets to protect; individuals purchasing life, personal accident, supplemental health, homeowners, automobile and other specialty insurance coverage; companies and affinity groups providing or offering accident and health insurance programs and life insurance to their employees or members; and insurers managing exposures with reinsurance coverage. 

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

CAREER OPPORTUNITIES: 

We recruit individuals from a variety of backgrounds including Commerce, Arts, Engineering and Science, who demonstrate superior teamwork, leadership, interpersonal skills, analytical and decision making ability, business acumen, organizational skills and communication ability. The skill set needed to do our jobs is varied and challenging - applying often to those with a generalist interest, covering marketing, negotiations, analytical skills and more

 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 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 overall business targets. 

We are currently recruiting for Associates to join our Commercial Insurance department in Montreal. 

COMMERCIAL INSURANCE OVERVIEW 

Chubb Commercial Insurance is a division focussed on serving customers with between $10M and $750M in revenues in Canada, across all lines and market segments. This department underwrites and sells a broad range of products and segment specific solutions to a select group of companies that require specialized attention. These companies include those involved in the manufacture of high technology components and software, the life sciences sector, telecommunications, energy, and many more. 

Within the Commercial division, there are specialized teams dedicated to different areas of focus, including Energy Underwriting (oil and gas, mining, hydroelectric), Life Sciences (Pharmaceutical and Medical Device), Technology and Clean Technology, and Entertainment Underwriting (film, television and concert production). 

ABOUT THE CHUBB ASSOCIATE PROGRAM (CAP): 

Chubb’s Associate Program is renowned for providing comprehensive and state of the art training. 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 career path. 

As an Associate, you will participate in the Career Development Program and begin the process of learning and applying a variety of underwriting skills. You will gain an in-depth understanding of the organization by completing challenging assignments; engage in a collaborative learning environment with the commitment from executive management. You will play an active role within the organization by developing 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. 

CAP is a 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: 

  • Business training unique to a career at Chubb; 
  • Technical training to deepen your skill level; 
  • An understanding of our broader industry; 
  • Interpersonal effectiveness training to help you gain strong communication and interactive skills; 
  • An assigned coach who will guide you as you manage your portfolio; 
  • Access to additional training to complement your professional development. 

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. 

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. 
  • Bilingualism is a requirement for working in our Montreal branch. 

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

At Chubb we are committed to providing equal employment opportunities to all employees and applicants. It is our policy to provide equal employment opportunities to employees and applicants based on job-related qualifications and ability to perform a job. If you require an accommodation during the hiring process or upon hire, please inform Human Resources. If a selected applicant requests accommodation during the recruitment process, Chubb will consult with the applicant in order to provide suitable accommodation that takes into account the applicant’s accessibility needs. 

For additional information about Chubb or its services, please visit our website at http://www.chubbinsurance.ca 

Apply Now

TalentEgg will send your application to: associateprogramCA@chubb.com

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