Senior Underwriter, Private/ Not-For-Profit Financial Lines (Underwriting)
This position will support the achievement of established goals related to profitable growth, customer service, and maintenance of producer relationships within the Private/Not-For-Profit Financial Lines group. The primary responsibility will focus on underwriting new and renewal business within the Long Island branch through a demonstration of the following skills and abilities:
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, appropriate controls, and to select risks 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.
Marketing and Communications
Strong interpersonal, communication and negotiation skills
Systems and programs
Ability to use systems and software programs needed to conduct daily business.
Duties may include, but are not limited to:
Soliciting and analyzing risks within Private/ Not-For-Profit Financial Lines’ guidelines and ensuring proper file documentation.
Developing and negotiating price, coverage, and terms and conditions for new business and renewals and actively identifying account rounding and cross-sell opportunities.
Conducting sales presentations and providing product education to brokers and agents
Maintaining and developing relationships with brokers, agents, and clients.
DESIRED QUALIFICATIONS
Minimum of 3-5 Years Underwriting Experience with a strong knowledge of Private/NFP products, underwriting, and marketing
Knowledge of insurance industry
Microsoft Word, Excel, and Outlook
Oral and written communication skills
Negotiation & marketing skills
Bachelor’s degree
The pay range for the role is $88,000 to $132,000. 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. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.