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Underwriter, Environmental at Chubb

Posted in Insurance 30+ days ago.

Type: Full-Time
Location: Los Angeles, California





Job Description:

Underwriter, Chubb Environmental  

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. 

Description: 

 

Under the direction of the Environmental Manager, execute business unit strategy for the Northeast Region based out of Boston, MA.  As a member of the regional Environmental team, contribute to profitable underwriting results through selection, development, servicing and underwriting of environmental Premises Pollution Liability and Contractor’s Pollution Liability business. This position is responsible for contributing to profit and production goals, meeting branch administrative standards, and being an active participant on the regional team. The position requires extensive marketing and collaboration with other Chubb business units located in Chubb’s Los Angeles, CA; Newport Beach, CA; and San Diego, CA branches. 

 

Major Duties & Responsibilities include but are not limited to: 


  • Determine terms, conditions and pricing using approved rating plans, underwriting guidelines and within authority levels 

  • Handle accounts and portfolio of business within underwriting authority 

  • Adhere to all underwriting standards and guidelines as outlined by the Division including all applicable Underwriting Guidelines, Authorities and Position Papers 

  • Adhere to guidelines for accurate and timely policy issuance, accurate premium booking and billing, manuscript form and endorsement processes, and file construction and documentation 

  • Document underwriting files thoroughly and accurately 

  • Solicit new and renewal submissions from agents and brokers  

  • Execute regional marketing and sales strategies including prospecting, cross sell and upsell initiatives 

  • Work collaboratively with Regional Manager, Underwriters, Underwriting Associates and other unit and region colleagues 

  • Local and regional agency and broker travel  

Minimum Requirements: 


  • 1-3 Years underwriting experience, environmental consulting/engineering or other applicable business/ analytical role.

  • Bachelor’s Degree  

Desired Qualifications: 


  • Bachelor’s degree; many majors will be considered to include Environmental Engineering, Environmental Science, Geology, Risk Management, Economics, Business as well as other related business/ analytical fields. 

  • Prior work experience (including summer, part time or internships) within the environmental field preferred 

  • 2 to 5 years of environmental underwriting, property & casualty underwriting, or consulting experience is preferred.  

  • Knowledge of insurance concepts, practice, environmental regulations, and procedures is desirable 

  • MS Office experience, including Word, Excel, and Outlook 

  • Demonstrated skills in: 

    • Critical thinking 

    • Oral and written communication skills 

    • Influencing both formally and informally 

    • Articulating a message / point of view in presentation and in writing 



Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, retirement savings plan, disability coverage, stock purchase program. 





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