Executive Underwriter

Chubb is currently seeking candidates for a Chubb Financial Lines Executive Underwriter position in its NY region. The ideal underwriter will have significant experience handling D&O, E&O, Employment Practices, Fiduciary, Fidelity and Kidnap & Ransom products for financial institutions.

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.

Our Underwriters are responsible for blending analytical and marketing skills into an effective business style by applying analytical skills to the risk assessment process; developing solutions for global customers; cultivating relationships with agents and brokers while using relationship to place business with Chubb; selling Chubb’s competitive advantages in the marketplace and negotiating pricing and terms and conditions in a competitive marketplace that meet the customer’s needs and positions Chubb to achieve a profit

As a Chubb Financial Lines Executive Underwriter in Chubb’s Boston or New York branch, serving the Northeast Region, major duties and responsibilities are:

MAJOR DUTIES & RESPONSIBILITIES:

Duties may include but are not limited to:

- Solicits new and renewal submissions from brokers

- Executes on all division guidelines, portfolio management activities and initiatives

- Independently manages assigned book of business to achieve desired retention, rate and new business goals

- Establishes relationships with external partners

- Actively participates in underwriting meetings and calls

- Effectively articulates Chubb's strategy and market assessment to insureds and brokers

- Engages and utilizes local branch office resources

- Conducts travel as appropriate

- Demonstrates an in-depth understanding of all management liability product lines including Directors & Officers Liability, Fiduciary, Crime, Kidnap Ransom and Employment Practices Liability

- Reviews and assesses complex terms and conditions and provides thoughtful recommendations

- Works independently and with internal colleagues to provide exceptional service

- Utilizes various external and internal resources to assess risk with varying complexities and classes of business

- Documents underwriting files to adhere to audit and compliance standards

- Utilizes individual underwriting authority within corporate guidelines

- Guides and mentors junior staff.