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.
Details of this critical opening follow:
* 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. * Actuarial fundamentals. Ability to understand loss trends, loss triangles, and ratemaking. Ability to quantify risk based on experience history and forecasting methods. * 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:
* Solicits new and renewal submissions from brokers * Developing and strengthen agent and client relationships * Contributing to production and service goals of the team * Determines terms and conditions and complex rating plans * Binds coverage * Documents the underwriting files * Handles more complex files and portfolios within underwriting authority
At least 2 years underwriting experience - Preference in Primary Workers Comp
DBA experience a plus
Knowledge of insurance industry
Knowledge of underwriting concepts, practices, and procedures
Microsoft Word, Excel, and Outlook
Oral and written communication skills
Basic leadership skills.
Associated topics: underwriter
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.