Underwriter

Senior Underwriter – Multinational 

Description

Chubb is the world's largest publicly traded property and casualty insurer. 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.

 Details of this critical opening follow:

• Business Development & Broker Management – Utilize and develop personal and business relationships with P&C brokers and producers to produce new account opportunities for Chubb Multinational.
• Broker/Territory Management – Execute on the sales and marketing plan for assigned territory or broker, ensuring that monthly broker calls and stewardship meetings are planned, scheduled and administered in an effective fashion in order to drive new business and retain existing accounts.
• Account Targeting – Harvest personal knowledge of sales territory and broker-controlled business as well as existing and historic Chubb business relationships to develop and refine a long-term prospecting and short-term target list of new business opportunities.
• Quote to Win – Review new business submissions to understand the nature of the international casualty risk as wells as the incumbent's current offering – utilize this analysis to produce and deliver winning quotes.
• Service Brokers and Clients to Grow – Work with brokers and clients to understand and respond to evolving client needs driven by international market expansion and acquisition or through changes in geographic footprint and program structure.
• Understand and Manage Risk – Embrace the challenge of producing and underwriting profitable new business opportunities. Nature of operations, deal structure, quality of information, an understanding of U.S. and local country requirements, and Chubb's industry-leading multinational capabilities are all key to putting the right business on the books and growing profitably over time.

Major Duties and Responsibilities

Duties may include but are not limited to:

• Solicits new and renewal submissions from brokers
• Determines terms and conditions and complex rating plans
• Binds coverage
• Documents the underwriting files
• Handles more complex files and portfolios within underwriting authority
• Guides and mentors junior staff

Qualifications - External

Minimum Requirements

• Knowledge of insurance industry
• Knowledge of underwriting concepts, practices, and procedures
• Bachelors' degree
• 3+ years of Underwriting experience

Desired Qualifications

• Knowledge of Controlled Master Programs and international casualty underwriting principles highly desirable
• Sales experience preferred but not required
• Outstanding Interpersonal Skills. Ability to establish trust and effective working relationships with team, field marketing and customer
• Superior communication (oral and written), interpersonal and negotiating skills
• Great technology skills (Microsoft Word, Excel, Outlook) and internet marketing skills are a plus

Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. 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, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran or marital status, or any other characteristic protected by law.