Job Description

Chubb is the world’s largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

Details of this critical opening follow:
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:
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
MINIMUM REQUIREMENTS

At least 5+ years underwriting experience

Experience with multiple lines of insurance

Bachelor’s degree

DESIRED 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.

Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran or marital status, or any other characteristic protected by law.

In New York City, NY the pay range for the role is $87,500 to $149,500. The specific offer will depend on an applicant’s 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 at https://careers.chubb.com/global/en/north-america . This range is specific to New York City, NY and may not be applicable to other locations.
EEO Statement
At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion,and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin,ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law.Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliationagainst any individual who reports discrimination or harassment.

Similar Jobs