Chubb Global Casualty leverages Chubb’s extensive resources, expertise, and innovative capabilities to provide exceptional risk management solutions tailored for businesses of all sizes. With a strong emphasis on large accounts, including Fortune 100 companies, our division is dedicated to comprehensively understanding and fulfilling the unique needs of our clients. We achieve this through building robust relationships, crafting customized risk management programs, and utilizing cutting-edge technology that drives meaningful value.
We are currently looking for an Underwriter to join our NYC team. This role presents an exciting opportunity to work within a dynamic, collaborative team environment.
Details of this critical opening follow:
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.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 mentors junior staff.Bachelor’s degreeAt least 2 years underwriting experienceExperience with multiple lines of insuranceKnowledge of insurance industryKnowledge of underwriting concepts, practices, and proceduresMicrosoft Word, Excel, and OutlookOral and written communication skillsNegotiation skillsMarketing skillsBasic leadership skills.The pay range for the role is $63,700 to $99,000. 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 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.