Chubb Global Casualty combines Chubb’s vast resources, expertise, and capabilities to deliver exceptional risk management solutions for companies of all sizes. With a particular focus on large accounts, including Fortune 100 companies, our division is designed to understand and meet the needs of our unique clients through fostering relationships, crafting customized risk management programs, and utilizing technology that drives value.
Currently, we are seeking a Senior Underwriter to support the needs of the NYC team. This role offers an exciting opportunity to work within a dynamic team environment where collaboration and innovative thinking are encouraged. We are looking for candidates who are motivated to make a significant impact and contribute to our shared success.
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.Additional duties may include but are not limited to:
Solicits new and renewal submissions from brokersDetermines terms and conditions and complex rating plansBinds coverageDocuments the underwriting filesHandles more complex files and portfolios within underwriting authorityGuides and mentor's junior staff.Knowledge of insurance industryKnowledge of underwriting concepts, practices, and proceduresMicrosoft Word, Excel, and OutlookOral and written communication skillsNegotiation skillsMarketing skillsBasic leadership skills.MINIMUM REQUIREMENTS
5+ years underwriting experienceExperience with multiple lines of insuranceBachelor’s degree