Senior Underwriting Executive, Professional Liability

2 weeks ago


Chicago, Illinois, United States Chubb Full time
Senior Underwriting Executive Position at Chubb

Core Objective:

The Senior Underwriting Executive role is centered around the assessment of unique risks by showcasing proficiency in several critical domains:
  • Coverage Essentials: Providing lucrative coverage solutions while fulfilling client requirements.
  • Risk Evaluation: Recognizing risk exposures, potential hazards, and implementing effective controls. Reviewing claims and loss data.
  • Financial Acumen: Interpreting financial documents, ratios, and assessing credit risk.
  • Actuarial Insights: Evaluating loss patterns, pricing strategies, and risk measurement.
  • Marketing and Communication: Engaging in sales, negotiations, and strategic dialogue.
  • Systems Utilization: Employing essential software tools for daily tasks.
Key Responsibilities: Duties may encompass:
  • Requesting submissions from brokerage partners.
  • Establishing terms, conditions, and pricing structures.
  • Issuing coverage and maintaining comprehensive underwriting records.
  • Managing intricate portfolios within designated authority.
  • Providing guidance and mentorship to junior team members.
Qualifications:
  • Bachelor's degree in insurance, business, or a related discipline.
  • 5-10 years of experience in underwriting.
  • Advanced analytical capabilities and computer proficiency.
  • Experience across various insurance sectors, including Professional Liability and Cyber.
Preferred Skills:
  • In-depth industry knowledge and familiarity with underwriting methodologies.
  • Proficiency in Microsoft Office, internet navigation, and effective communication.
  • Skills in negotiation, marketing, and foundational leadership.
The compensation for this position is competitive, reflecting skills and experience. There may also be opportunities for performance-based incentives. Chubb provides a comprehensive benefits package.

About Chubb:

Chubb is a leading global insurance provider operating in numerous countries. Their offerings include commercial and personal insurance, reinsurance, and life insurance. With a commitment to underwriting excellence and superior client service, Chubb is recognized for its financial strength and international reach. They prioritize equal employment opportunities and inclusivity, ensuring a fair and equitable work environment.

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