Insurance Risk Specialist

1 week ago


Philadelphia, Pennsylvania, United States Chubb Full time
Underwriter Job Description

The Underwriter plays a critical role in ensuring the financial stability of Chubb by accurately assessing and managing risk. This position requires a strong understanding of insurance fundamentals, risk assessment, and financial analysis.

Key Responsibilities:
  • Risk Assessment: Identify risk exposures, special or common hazards, and appropriate controls to select risk based on exposure and risk analysis.
  • Financial Proficiency: Understand financial statements and ratios used in risk analysis, as well as insurance financial fundamentals and their impact on company assets.
  • Actuarial Fundamentals: Understand loss trends, loss triangles, and ratemaking to quantify risk based on experience history and forecasting methods.
  • Marketing and Communications: Sell and negotiate to achieve bottom-line profitability for the Company, making presentations and communicating articulately.
  • Systems and Programs: Use systems and software programs needed to conduct daily business.
Major Duties & Responsibilities:
  • Solicit renewal submissions from brokers.
  • Determine terms and conditions and complex rating plans.
  • Binds coverage.
  • Documents the underwriting files.
  • Handles more complex files and portfolios within underwriting authority.

This role operates on a hybrid work schedule (3 days in office, 2 days remote) and must sit in our Philadelphia, PA office.



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