Combined Insurance Underwriter in United States
The Senior Underwriter’s primary responsibility is to underwrite individual risks.
North America Commercial Insurance Underwriter – Financial Institutions - New York
Chubbis 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.
Chubb is currently seeking a Commercial Underwriter to join its Commercial Insurance practice in New York City.
Position Description: The underwriter has responsibility to manage a renewal book of $6M and generate new business of approximately $1M annually. The position will be responsible for driving profitable growth with New York City agents and brokers. This underwriter will handle package, auto, workers compensation, and international lines with a focus on Financial Institutions. Underwriting duties will include developing and negotiating price, coverage, terms and conditions for all new business and renewals while actively identifying account rounding opportunities for other Chubb practices. This position must collaborate with other underwriters, operations, claims, marketing, and home office management as necessary. The underwriter must implement and manage effective pricing and rate strategies that will produce profitability, book growth, and successful producer relations. We are looking for a candidate who is highly motivated, results oriented with solid business and underwriting acumen.
*Knowledge, Skills, and Abilities Required: * •Candidate will have experience in multi-line P&C underwriting including Property, Liability, Auto, Work Comp and Umbrella. •Strong sales and marketing skills are critical; must be able to demonstrate successful agency and broker management, including building, maintaining and managing producer and customer relationships.
•Ability to identify opportunities for growth within new and existing production sources. •Knowledge of marketing principles, pricing/rate strategies and how to apply them to attain underwriting profit. •Candidate must possess a high degree of proficiency with the underwriting process, with a solid background in risk analysis •Candidate must have ability to effectively interact with internal and external stakeholders. •Knowledge and proficiency with technical issues, compliance, coverage, products and pricing strategies expected.
Qualifications: • 3-5 years of experience in commercial multi-line underwriting preferred • proven marketing and negotiation skills • Strong communication, interpersonal and time management skills
Chubb strives to offer a diverse and inclusive and rewarding work environment. Teamwork and mutual respect are central to how Chubb operates and we believe the best solutions draw upon diverse perspectives, experiences and skills. We operate in such a way where everyone, regardless of their singular background has the opportunity to contribute to our collective success.
Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran, or marital status, or any other characteristic protected by law.
Requisition ID: 327688