Cyber/Tech E&O Liability Underwriter
2 weeks ago
The Cyber Digital Team is seeking to fill a New Business Underwriter position. The primary focus of the position will be underwriting Cyber New Business opportunities for commercial clients with less than $100m of revenues.
Major Duties & Responsibilities
Duties may include but are not limited to:
- Assess and underwrite cyber submissions, including analyzing applications, supporting documents, and third party data to determine risk exposure.
- Evaluate IT Security Controls, such as common security measures, data protection protocols, and potential vulnerabilities, to determine appropriate coverage limits and premiums.
- Collaborate with brokers and agents to understand insured's needs, answer inquiries, and negotiate policy terms and conditions.
- Binds coverage and documents the underwriting files
- Handles an assigned territory/book of business
- Participates in projects or tasks to assist the team
- 0-3 years of previous underwriting experience is highly desired.
- Experience within cyber security is a plus.
- Cyber/Tech E&O experience preferred.
- Exceptional oral and written communication skills.
- Analytical ability to evaluate risks according to corporate underwriting guidelines.
- Proven negotiation skills, gained through established broker/client relationships.
- Demonstrated ability to work well independently, as well as in a team environment.
- Ability to respond as a team player in a multi-tasking environment.
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.
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