DescriptionUnderwriter Cyber
The 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
Major Duties & Responsibilities
Duties may include but are not limited to:
- Drive production across assigned territory
- Demonstrate strong technical acumen
- Conduct marketing meetings office visits and events to source business
- Determine appropriate terms and conditions following complex rating plans
- Document underwriting files
- Ensures clear communication and servicing to both internally and to assigned agents and brokers
QualificationsQualifications
- 12 years underwriting experience preferably in the Cyber Insurance space
- Bachelors degree
Desired Qualifications:
- Demonstrated technical expertise Cyber insurance products.
- Strong analytical skills.
- Demonstrated proficiency in sales marketing and negotiation.
- Strong interpersonal communication and negotiation skills.
- Ability to effectively interact with all levels of internal and external business partners.
- Experience developing and executing on marketing plans and prospects.
- Ability to be creative and adaptable in a changing business environment while executing all Corporate Strategies.
- Sound balanced and timely decisionmaking skills.
The pay range for the role is $92400 $157200. 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 found on 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.