Associate Underwriter - Inland Marine
Associate Underwriter - Inland Marine
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$ 65200 - 110800
1 Vacancy
Job Description
Associate Underwriter Inland Marine
The Associate Underwriters primary responsibility is to manage an existing book of renewable business 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 insurance financial fundamentals and their impact on underwriting decisions.
- Actuarial fundamentals. Ability to understand loss trends 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 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.
MAJOR DUTIES & RESPONSIBILITIES:
Duties may include but are not limited to:
- Within established business plans and assigned authority select analyze and underwrite individual risks utilizing corporate pricing and reinsurance techniques to obtain desired results
- Manage a renewable book of business offering strategic underwriting guidance including rate/terms/deductibles
- Monitor results of the overall book of business assigned and recommend corrective action as necessary to insure retention of desirable accounts
- Provide quality and timely input on assigned projects to meet the Companys needs in the changing market and to support profitable growth
- Participate in audits and/or underwriting meetings as required.
- Crosssell opportunities within other Chubb divisions through promotion of their products and services
- Travel less than 25
Qualifications
DESIRED QUALIFICATIONS:
- Bachelors degree and industry designations CPCU or AMIM preferred
- Minimum 3 years of current underwriting/insurance experience concentration in Inland Marine products including Builders Risk and Contractors Equipment preferred
- Strong analytical skills with the ability to collect organize and analyze significant amounts of information with attention to detail and accuracy
- Effective time and desk management balancing a large book of renewal business
- Able to work collaboratively and prioritize in a matrix environment
- Strong oral and written communication skills
- PC and Microsoft Office Products proficient Excel skills in particular
The pay range for the role is $65200 to $110800. The specific offer will depend on an applicants 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 foundon 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.
Required Experience:
IC
Employment Type
Full-Time
