Senior Environmental Underwriter

Posted: Wednesday, 12 March 2025
Valid Thru: Friday, 11 April 2025
Index Requested on: 03/12/2025 07:24:58
Indexed on: 03/12/2025 07:24:58

Location: Chicago, IL, 60601, US

Industry: Advertising and Public Relations
Occupational Category: 13-0000.00 - Business and Financial Operations
Type of Employment: FULL_TIME

Chubb is hiring!

Description:

JOB DESCRIPTION

Senior Underwriter, Environmental - Chicago, IL

The Environmental Team is currently seeking an Underwriter whose 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. Ability to understand credit risk.
  • 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.
MAJOR DUTIES & RESPONSIBILITIES

Duties may include but are not limited to:
  • Work collaboratively with Regional Manager, Underwriting Team and other unit and region colleagues
  • Execute regional marketing and sales strategies including prospecting, cross sell and upsell initiatives
  • Local and regional agency and broker visitations/travel
  • Solicit new and renewal submissions from brokers
  • Determine terms, conditions and pricing using approved rating plans, underwriting guidelines and authority structures
  • Adhere to all underwriting standards and guidelines as outlined by the Division including all applicable Underwriting Guidelines, Authorities and Position Papers
  • Bind coverage and adhere to guidelines for accurate and timely policy issuance, accurate premium booking and billing, manuscript form and endorsement processes, and file construction and documentation
  • Documents the underwriting files thoroughly and accurately
  • Senior Underwriter will handle more complex files and portfolios within underwriting authority


QUALIFICATIONS

MINIMUM

ABOUT US

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.

Responsibilities:

Please review the job description.

Educational requirements:

  • high school

Desired Skills:

Please see the job description for required or recommended skills.

Benefits:

Please see the job description for benefits.

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