Senior Underwriter, Global Casualty
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Job Location:
Philadelphia, PA - USA
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Chubb Global Casualty combines Chubbs vast resources expertise and capabilities to deliver exceptional risk management solutions for companies of all sizes. With a particular focus on large accounts including Fortune 100 companies our division is designed to understand and meet the needs of our unique clients through fostering relationships crafting customized risk management programs and utilizing technology that drives value.
Currently we are seeking a Senior Underwriter to support the needs of the NYC team. This role offers an exciting opportunity to work within a dynamic team environment where collaboration and innovative thinking are encouraged. We are looking for candidates who are motivated to make a significant impact and contribute to our shared success.
- 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.
Additional 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.
Qualifications
- Knowledge of insurance industry
- Knowledge of underwriting concepts practices and procedures
- Microsoft Word Excel and Outlook
- Oral and written communication skills
- Negotiation skills
- Marketing skills
- Basic leadership skills.
MINIMUM REQUIREMENTS
- 5 years underwriting experience
- Experience with multiple lines of insurance
- Bachelors degree
Required Experience:
Exec
Key Skills
- Loan Processing
- Credit Analysis
- Fraud
- Math
- Risk Analysis
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Equity Research
- Underwriting
- negotiation
- RMF
About Company
Chubb Life has been in Egypt since 2003. Chubb Life is the international life insurance division of Chubb - the world's largest publicly traded property and casualty insurance company by market capitalization.
