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Multinational Sr. Underwriter at Chubb

Posted in Insurance 30+ days ago.

Type: Full-Time
Location: Wilmington, Delaware





Job 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.

 

MAJOR DUTIES & RESPONSIBILITIES:

Duties may include but are not limited to:

 


  • Work independently to analyze risk, rate, quote and bind coverage

  • Comply with Best Underwriting Practices and Legal standards when underwriting/quoting accounts

  • Maintain proper electronic file documentation per current procedures

  • Handle account portfolio within underwriting authority

  • Achieve rate and renewal retention according to business goals.

  • Identify and pursue account growth through review of insured’s website and application data. 

  • Integrate special projects and tasks without impacting ability to complete existing workloads.

  • Build and maintain relationships with key brokers/agents within assigned territory.

  • Works effectively as part of a team

 

 

MINIMUM REQUIREMENTS:


  • 5-7 years underwriting experience

  • Experience underwriting multiple lines of insurance

  • Bachelor’s degree

 

DESIRED QUALIFICATIONS:


  • Knowledge of insurance industry (Chubb Commercial Products and Services a plus)

  • Knowledge of underwriting concepts, practices, and procedures

  • Ability to work independently, self-manage, organize, and prioritize work with minimal direction; perform multiple tasks simultaneously, shifting focus quickly

  • Microsoft Word, Excel, and Outlook

  • Internet usage

  • Excellent oral and written communication skills

  • Negotiation skills

  • Marketing skills

  • Previous work with Brokers/agents is preferred

  • Ability to travel 10-15%

  • Basic leadership skills

 

 

Qualified candidates must possess a strong understanding of Property and Casualty insurance concepts and products as evidenced by successful experience in the Property and Casualty insurance arena; analytical ability to be capable of judging the feasibility of underwriting risks within assigned areas, ability to function in a department which develops several million dollars in premium annually through handling a large volume of small to mid-size premium accounts, and ability to meet or succeed transaction time standards set by the team manager by adhering to sound time management practices.   International insurance experience is preferred.

Take ownership of territory for the Commercial Package book of business which can include marketing for Chubb’s Multinational P&C product as well as coordination of coverage with our Commercial Insurance colleagues.

 

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.

 

Chubb strives to offer a diverse and inclusive and rewarding work environment.  Teamwork and mutual respect are central to how Chubb operates and we believe the best solutions draw upon diverse perspectives, experiences and skills.  We operate in such a way where everyone, regardless of their singular background has the opportunity to contribute to our collective success.





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