Senior Underwriter

The Senior Underwriter will lead the underwriting of complex construction exposures within Chubb's Construction division. You will assess risk, develop pricing strategies, and collaborate with brokers and internal teams to ensure profitable and compliant coverage for practice programs, individual projects, and maintenance wrap policies. This role requires deep industry knowledge, strong analytical skills, and the ability to mentor junior underwriters while driving continuous improvement in underwriting practices.

Duties may include but are not limited to:

• Solicits new and renewal submissions from brokers
• Determine terms and conditions and complex rating plans
• Work with actuary, risk engineering, credit management, home-office, etc. to put together a comprehensive program for new and renewal business
• Binds coverage
• Documents the underwriting files
• Handles files and portfolios within underwriting authority
• Complete self-audits of underwriting files
• Pass all self-audits of their own files

Responsibilities

• Analyze and underwrite individual construction risks, including practice programs, project covers, and maintenance wraps.
• Develop and maintain pricing models and rate structures for construction lines of business.
• Prepare detailed underwriting submissions, risk assessments, and policy terms.
• Collaborate with brokers, agents, and internal stakeholders to gather necessary information and negotiate terms.
• Monitor portfolio performance and recommend adjustments to maintain profitability and loss ratios.
• Ensure compliance with company underwriting guidelines, state regulations, and industry standards.
• Mentor and coach junior underwriters, providing guidance on best practices and technical issues.
• Stay current on construction industry trends, emerging risks, and market conditions.
• Participate in product development and enhancement initiatives for construction insurance offerings.
• Prepare regular reports and presentations for senior management on underwriting results and risk trends.

Qualifications

• Bachelor's degree in Finance, Business, Risk Management, or related field; MBA or advanced underwriting certification preferred.
• Minimum 3-5 years of underwriting experience in the construction insurance sector.
• Proven track record of underwriting complex construction risks with strong loss control results.
• Excellent analytical, quantitative, and decision‑making abilities.
• Strong communication and negotiation skills with brokers, clients, and internal teams.
• In‑depth knowledge of construction practices, contracts, and regulatory environment.
• Proficiency with underwriting software, rating tools, and Microsoft Office Suite.
• Ability to work independently and lead a team in a fast‑paced environment.
• Professional designations such as CPCU, ARM, CRIS or AIC preferred.
• Commitment to ethical standards and continuous professional development.

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.