Senior Underwriter, Marine

The Senior Underwriter’s primary responsibility is to underwrite individual risks through a demonstration of the following skills and abilities:Fundamentals of coverage, terms and conditions. Ability to offer coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer.Risk Assessment. Ability to identify risk exposures, special or common hazards, and appropriate controls. Ability to select risk based on exposure and risk analysis. Ability to analyze claims and quantify losses.Financial proficiency. Understanding of financial statements and ratios used in risk analysis. Understanding of insurance financial fundamentals; impact of underwriting decisions on company assets.Actuarial fundamentals. Ability to understand loss trends and ratemaking. Ability to quantify risk based on experience history and forecasting methods.Marketing and communications. Ability to sell and negotiate to achieve bottom line profitability for the Company. Ability to make presentations and communicate articulately. Ability to base communications on strategic thinking. Ability to manage producer strategy.Systems and programs. Ability to use systems and software programs needed to conduct daily business.Duties may include but are not limited to:Within established business plans and assigned authority, select, analyze and underwrite individual risks utilizing corporate pricing and reinsurance techniques to obtain desired results Provide quality and timely input on assigned projects in order to meet the Company’s needs in the changing market and support profitable growthMonitor results of the overall book of business assigned and recommend corrective action as necessary to insure retention of desirable accountsMake customer presentations/visits on behalf of Chubb Ocean Marine to develop positive, long-term broker relationshipsParticipate in audits and/or underwriting meetings as required.Cross-sell opportunities within other Chubb divisions through promotion of their products and servicesTravel 25% within the Western United State
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.
Minimum 4+ years of current underwriting/insurance experience –concentration in Ocean Marine preferredStrong marketing and underwriting skill set with an emphasis on relationships and exposures in the MidwestAble to work collaboratively and prioritize in a matrix environmentStrong oral and written communication skillsPC and Microsoft Office Products proficientThe pay range for the role is $115,000 to $180,000. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.Full timePosting Date: