Underwriter, Financial Institutions P&C

Posted: Saturday, 13 April 2024
Valid Thru: Monday, 13 May 2024
Index Requested on: 04/13/2024 13:43:14
Indexed on: 04/13/2024 13:43:14

Location: New York, NY, 10001, 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

As a Commercial Insurance Financial Institutions P& C underwriter, responsibilities will include managing a renewal book of 30 - 40 customers and generating new business of approximately $1-1.5M annually. The position will be responsible for driving profitable growth with assigned agents and brokers. Products include Property, General Liability, Auto, Worker's Compensation, Umbrella/Excess and International. We are looking for a candidate who is motivated, results oriented, with business and underwriting acumen.

Responsibilities:

The Production Underwriter will:
  • Focus on underwriting new and renewal P& C for Financial Institutions
  • Establish relationships with key trading partners and drive submission activity across assigned agents and brokers.
  • Be responsible for profit, growth and retention of assigned book.
  • Develop and negotiate price, coverage, terms and conditions for all new business and renewals while actively identifying account rounding opportunities.
  • Meet or exceed new business production goals while maintaining profitability across assigned portfolio and adhering to authority and strategies.
  • Maintain and develop relationships with the branch, our brokers and clients.
  • Develop and maintain a prospect pipeline.
  • In conjunction with Underwriting Associate, retain key assigned renewals and lead coordination of Risk Engineering and Claims service plans.
Education& Experience:
  • 3 - 5 years of multi-line underwriting experience is required
  • Bachelor's degree preferred or equivalent work experience
  • Property and Casualty Underwriting experience preferably in the core middle market segment; high degree of proficiency with underwriting process, with solid background in risk analysis.
  • Self-motivated with a strong sense of responsibility for one's actions and work product.
  • Previous Financial Institutions P& C experience is desirable
  • Strong communication, organization and negotiation skills.
  • Knowledge and understanding of current insurance marketplace conditions.
  • Understanding and adherence to organizational and regulatory rules and ability to adhere to underwriting authority.
  • Proficient in Microsoft Office

The pay range for the role is $65, 500 to $108, 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.

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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