Contribute to the achievement of the Excess Casualty segment business plan. The Underwriter is responsible for production, underwriting and maintenance of new and renewal umbrella and excess casualty accounts within a defined territory. In addition, the Underwriter is responsible for establishing and cultivating business relationships with brokers and clients within the Mid-Atlantic and Southeast region to assure the continued flow of new business opportunities while representing the Excess Casualty segment.

 

The Underwriter’s primary responsibility is to underwrite individual risks 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, 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.Ability to adhere to Chubb standards on pricing and servicing.Solicit new and renewal submissions from brokersDetermine terms and conditionsDocument the underwriting filesHandle more complex files and portfolios within underwriting authorityAttend broker/client meeting

 

Duties may include but are not limited to:

Solicit new and renewal submissions from brokersDetermine terms and conditionsDocument the underwriting filesHandle more complex files and portfolios within underwriting authorityAttend broker/client meetingKnowledge of insurance industry, underwriting concepts, practices, and proceduresMicrosoft Word, Excel, and OutlookInternet usageOral and written communication skillsNegotiation and marketing skillsAbility to thrive in a fast-paced, deadline-driven environmentAbility to self-manage, organize, and prioritize work with limited direction