Combined Insurance Senior Underwriter in United States
_Executive Underwriter/Senior Underwriter Job Posting_
The Financial Institutions team is currently seeking a Senior Underwriter or Executive Underwriter to execute growth and underwriting strategies for the New York Region. Responsibilities for both roles include, but are not limited to:
- Performing risk analysis for Financial Institutions clients across a number of related products which include:
- Directors & Officers Liability
- Professional Liability for Asset Managers and Funds (including hedge funds, private equity and venture capital)
- Bankers Professional Liability
- Insurance Company Professional Liability
- Security Broker-Dealer Professional Liability
- Employment Practices Liability
- Fiduciary Liability
- Underwriting and servicing existing renewal book and new business opportunities
- Soliciting new and renewal submissions from brokers
- Negotiating product terms and conditions
- Working with division counsel to provide customized manuscript language to meet clients’ insurance needs
- Representing the company at client meetings
- Documenting underwriting files in compliance with audit standards
- Servicing accounts throughout the policy cycle to meet established service standards
- Cross-marketing with other groups who underwrite Chubb products for Financial Institutions in the New York Region
In addition to the above, the Executive Underwriter role will also entail: developing and maintaining a broad network of brokerage relationships, expanding distribution and new business production, mentoring junior underwriters in underwriting best practices, and assuming some Team Leadership duties.
Qualified candidates for each role must possess an in-depth knowledge of Financial Institutions management liability and professional liability products and concepts. Experience developing and maintaining a broad network of brokerage relationships, demonstrated leadership abilities, negotiation skills and strong oral and written communication skills are essential.
Candidates for the Senior Underwriter role should possess 3-5 years of experience underwriting management and professional liability products for Financial Institutions.
Candidates for the Executive Underwriter role should possess a minimum of 5 years of experience underwriting management and professional liability products for Financial Institutions.
Title: Senior Underwriter
Requisition ID: 320056