Senior Underwriter – Financial Lines - Public
Location – Alpharetta, GA or New York, NY
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 Senior Underwriter’s primary responsibility is to underwrite individual risks of public companies to provide Director & Officers Liability, Employment Practices Liability, Fiduciary Liability, and other insurances. The individual will underwrite risks through a demonstration of the following skills and abilities:
Fundamentals of coverage, terms, and conditions. Ability to offer coverage, terms, and conditions that 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. 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.
MAJOR DUTIES & RESPONSIBILITIES:
Duties may include, but are not limited to:
Solicits new and renewal submissions from brokers Determines terms and conditions and complex rating plans Binds coverage Documents the underwriting files Handles complex files and portfolios within underwriting authority Develops current and new relationships with local brokersQualifications - External
Knowledge of the Insurance industryKnowledge of underwriting concepts, practices, and proceduresMicrosoft Word, Excel, Teams, and OutlookInternet usageOral and written communication skillsNegotiation & marketing skillsProven Broker Relationships3-5 years of Underwriting experience or related experienceCollege Degree or related experience
In New York City, NY the pay range for the role is $105,000 to $147,000. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found at https://careers.chubb.com/global/en/north-america. This range is specific to New York City, NY and may not be applicable to other locations.