Executive Underwriter
Executive Underwriter
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Salary Not Disclosed
1 Vacancy
Job Description
Chubb Primary Construction is seeking an experienced Executive Underwriter to join our team in Philadelphia PA. As a key member of our Primary Construction team the Executive Underwriter will be responsible for underwriting and managing a diverse portfolio of primary construction accounts across the Mid-Atlantic Southeast and Northeast regions. The core lines of business include Workers Compensation General liability and Auto Liability.
The Executive Underwriter will:
- Underwrite and manage a portfolio of large complex loss sensitive accounts within the construction industry. These include annual contractor practice programs multi-year wrap-ups and project-specific programs.
- Evaluate construction risks analyze exposures and determine appropriate pricing program structure coverage terms and conditions for both new and renewal business ensuring adherence to underwriting guidelines and company standards.
- Drive growth and ensure retention of your assigned book of business.
- Develop and maintain strong relationships with brokers and clients.
- Work closely with internal teams including claims risk control actuarial credit and other business units to create comprehensive solutions for our clients.
- Mentor and train junior underwriters providing guidance and technical expertise.
- Maintain service standards by timely response to broker requests submission of quotations binders policies endorsements file construction and documentation.
Qualifications
- Bachelors degree
- At least 5 years underwriting experience including time spent in the primary casualty loss sensitive space. Background in construction industry is preferred but not required.
- Local broker and insurance marketplace relationships
- Understanding and adherence to organizational and regulatory rules and ability to adhere to underwriting authority.
- Understanding of Workers Compensation General Liability and Auto Liability Insurance coverage terms and conditions.
- Understanding of large deductible programs and the credit and collateral implications of such programs
- Ability to identify risk exposures special or common hazards and appropriate controls. Ability to select risk based on exposure and hazard analysis. Ability to analyze claims and loss trends.
- Excellent interpersonal communication and relationship-building skills
- Strong negotiation presentation and public speaking skills.
Employment Type
Full-Time
