Senior Underwriter - Excess Casualty
Apply NowCompany: Chubb
Location: Boston, MA 02115
Description:
Job Description
Chubb Commercial Insurance is looking for an applicant to fill the position of Excess Casualty Senior Underwriter. This underwriter would be responsible for underwriting an assigned book across our Excess and Umbrella portfolio.
Commercial Insurance (CI) writes customers with revenues up to $1B, including both guaranteed cost and loss-sensitive program structures. This underwriter will be charged with directly underwriting and growing an Excess Casualty book consisting mostly of Real Estate customers as well as Manufacturing, Professional Services, Wholesale Distributors, Food, and Cultural Institutions. The underwriter will be charged with marketing to their assigned agency/broker plant to bring in opportunities and will work closely with the respective CI Managers, Industry Segment Territory Underwriting Managers, and home office to continue the profitable growth of the portfolio.
Responsibilities
The Production Underwriter will:
Qualifications
About Us
Chubb is a world leader in insurance. 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.
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 retaliation against any individual who reports discrimination or harassment.
Chubb Commercial Insurance is looking for an applicant to fill the position of Excess Casualty Senior Underwriter. This underwriter would be responsible for underwriting an assigned book across our Excess and Umbrella portfolio.
Commercial Insurance (CI) writes customers with revenues up to $1B, including both guaranteed cost and loss-sensitive program structures. This underwriter will be charged with directly underwriting and growing an Excess Casualty book consisting mostly of Real Estate customers as well as Manufacturing, Professional Services, Wholesale Distributors, Food, and Cultural Institutions. The underwriter will be charged with marketing to their assigned agency/broker plant to bring in opportunities and will work closely with the respective CI Managers, Industry Segment Territory Underwriting Managers, and home office to continue the profitable growth of the portfolio.
Responsibilities
The Production Underwriter will:
- Establish relationships with key trading partners and drive submission activity across assigned Agents & Brokers in our desired industry segments.
- Be responsible for profit, growth, and retention of assigned book.
- Meet or exceed new business production goals while maintaining profitability across the assigned portfolios and adhering to authority and strategies.
- Exceed customer retention goals
- Maintain and develop relationships with the branch, our brokers, and clients.
- Develop a prospect pipeline with our major trading partners, as well as engage other business units for cross-selling opportunities.
Qualifications
- Bachelor's degree
- 3+ years of underwriting experience preferably in an excess/umbrella capacity
- Confidence to gain a marketplace presence and become a trusted advisor for assigned agents/brokers.
- Presentation and public speaking skills
- Strong negotiations skills
- Local broker and insurance marketplace relationships
- Knowledge and understanding of current insurance marketplace conditions
- 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.
- Proficiency in Microsoft Office Suite
About Us
Chubb is a world leader in insurance. 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.
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 retaliation against any individual who reports discrimination or harassment.