Executive Casualty Underwriter
Executive Casualty Underwriter
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$ 114600 - 194800
1 Vacancy
Job Description
Westchester a Chubb Company is seeking a Senior or Executive Casualty Underwriter to join our Property & Casualty team. The role is focused on achieving profitable underwriting results through growth development servicing and underwriting of Westchesters business.
The Senior/Executive Underwriters primary responsibility is to underwrite individual risks 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 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 brokers
- Determines terms and conditions and complex rating plans
- Binds coverage
- Documents the underwriting files
- Handles more complex files and portfolios within underwriting authority
- Guides and mentors junior staff.
Why Join WestchesterThis is an opportunity to join a highperforming team within a respected division of Chubb focusing on Casualty Underwriting.
Qualifications
- Bachelors degree
- 57 years underwriting experience
- Experience with multiple lines of insurance
Desired Qualifications:
- Knowledge of insurance industry
- Knowledge of underwriting concepts practices and procedures
- Microsoft Word Excel and Outlook
- Internet usage
- Oral and written communication skills
- Negotiation skills
- Marketing skills
- Basic leadership skills.
The pay range for the role is $114600 to $194800. 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.
Employment Type
Full-Time
