Senior Underwriter, Casualty
1 day ago
Westchester, a Chubb company is looking to expand the Middle Market Casualty team. We are seeking a highly skilled and experienced Senior Underwriter to join our dynamic team in Jersey City, NJ. The ideal candidate will have a strong background in primary casualty insurance, with a focus on E&S underwriting. This role requires a deep understanding of the insurance market, excellent analytical skills, and the ability to build and maintain relationships with wholesale brokers.
Key Responsibilities:
- Evaluate and underwrite primary casualty insurance submissions in the E&S space, focusing on Real Estate, Products, and Construction sectors.
- Help develop underwriting guidelines and appetite
- Collaborate with wholesale brokers to assess risks, determine coverage options, and negotiate terms and pricing.
- Analyze loss history, financial statements, and other relevant data to make informed underwriting decisions.
- Develop and maintain strong relationships with brokers and clients to facilitate business growth and retention.
- Stay current on industry trends, regulatory changes, and market conditions to inform underwriting strategies.
- Provide mentorship and guidance to junior underwriters and support team development.
- Prepare and present underwriting recommendations to management and stakeholders.
- Ensure compliance with company policies and procedures, as well as regulatory requirements.
Qualifications
- Bachelor's degree in Finance, Business, Risk Management, or a related field.
- Minimum of 4 years of experience in underwriting primary casualty insurance, preferably in the E&S market.
- Strong knowledge of underwriting principles, practices, and guidelines.
- Experience in Real Estate, Products, and Construction insurance is highly preferred.
- Excellent analytical and decision-making skills, with a keen attention to detail.
- Strong communication and interpersonal skills, with the ability to build relationships with brokers and clients.
- Proficient in underwriting software and Microsoft Office Suite.
- Professional designations (e.g., CPCU, AU) are a plus.
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