Senior Underwriter
Senior Underwriter
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Job Description
The Executive Underwriters primary responsibility is to underwrite individual risks of public companies to provide Director & Officers Liability Employment Practices Liability Fiduciary Liability and other insurances. The individual will underwrite 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 customers needs.
- Risk Assessment
- Ability to identify risk exposures special or common hazards and appropriate controls.
- Ability to select risk based on exposure and risk analysis.
- Conduct exploratory research into customers operations and industries. Ability to analyze claims and quantify losses.
- Financial proficiency
- Understanding of financial statements and ratios used in risk analysis.
- Understanding insurance financial fundamentals and the impact of underwriting decisions on company assets.
- Ability to understand credit risks including credit metrics and debt covenants.
- Marketing and Communications
- Ability to sell and negotiate to achieve bottomline 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.
MAJOR DUTIES & RESPONSIBILITIES: 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
- Develops current and new relationships with local brokers
Qualifications
- Knowledge of the insurance industry
- Proven broker relationships
- Knowledge of underwriting concepts practices and procedures
- Microsoft Word Excel and Outlook
- Oral and written communication skills
- Negotiation and marketing skills
- 57 years of Underwriting experience or related experience
- College Degree or related experience
The pay range for the role is $105600 to $163200. 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:
Senior IC
Employment Type
Full-Time
