Middle market property and casualty underwriter with focus on ocean cargo, inland marine, and builders risk. Underwriter would be tasked with marketing to agents & brokers in Washington DC, Richmond, Baltimore and surrounding areas.
The Marine Underwriter will be responsible for a renewal book of $3M and a new business goal of approximately $1M-$2M annually. The position will be responsible for driving profitable growth with Mid-Atlantic region agents and brokers. Ideally, this Underwriter will underwrite ocean cargo, builder’s risk, civil construction projects, fine arts, contractors equipment, motor truck cargo, transit, installation floaters, equipment dealers, and other marine coverages. This position will collaborate within a large team of commercial underwriters, operations, claims, marketing, and Home Office management as necessary. We are looking for a candidate who is highly motivated, results oriented with solid business and underwriting acumen.
Duties may include but are not limited to:
Within established business plans and assigned authority, select, analyze and underwrite individual risks utilizing corporate pricing and reinsurance techniques to obtain desired results. Provide quality and timely input on assigned projects in order to meet the Company’s needs in the changing market and support profitable growth. Monitor results of the overall book of business assigned and recommend corrective action as necessary to insure retention of desirable accounts. Make customer presentations/visits on behalf of Chubb Inland Marine to develop positive, long-term broker relationships Participate in audits and/or underwriting meetings as required. Cross-sell opportunities within other Chubb divisions through promotion of their products and services Travel 25% of time within the Mid-Atlantic region.Knowledge, Skills, and Abilities Required:
Focused knowledge and experience in inland marine and ocean cargo.Underwriting duties will include developing and negotiating price, coverage, terms and conditions for all new business and renewals while actively identifying account rounding opportunities for other Chubb practices.This position must collaborate with other underwriters, operations, claims, marketing, and home office management as necessary. The underwriter must implement and manage effective pricing and rate strategies that will produce profitability, book growth, and successful producer relations.Strong sales and marketing skills are critical; must be able to demonstrate successful agency and broker management, including building, maintaining, and managing producer and customer relationships.Ability to identify opportunities for growth within new and existing production sources.Knowledge of marketing principles, pricing/rate strategies and how to apply them to attain underwriting profit.Candidate must possess a high degree of proficiency with the underwriting process, with a solid background in risk analysis.Candidate must have ability to effectively interact with all levels of customers and collaborate with a team of underwriters, claims and loss control personnel.Knowledge and proficiency with technical issues, compliance, coverage, products, and pricing strategies expected.The pay range for the role is $116,700 to $180,900. 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 on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.