Chubb

Senior Underwriter, Inland Marine

Chubb • $95K — $115K *
Phoenix, AZ 85032In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Minimum of 5 years underwriting experience
  • Preferred experience in Inland Marine
  • Strong business acumen
  • Comprehensive product knowledge in exposure analysis, forms, and rating principles
  • Excellent negotiation and presentation skills
  • Strong verbal and written communication abilities
  • Exceptional organizational skills and attention to detail
  • Team-oriented with effective collaboration skills
  • Basic proficiency in Microsoft Office suite (Word, Excel, PowerPoint)

Responsibilities

  • Select, analyze, and underwrite individual risks within established business plans and authority
  • Provide timely input on projects to align with market changes and support growth
  • Monitor assigned book of business results and recommend corrective actions as needed
  • Develop and maintain positive broker relationships through customer presentations and visits
  • Participate in audits and underwriting meetings as required
  • Identify cross-selling opportunities within other Chubb divisions

Benefits

  • Access to training and development resources
  • Opportunity for professional growth and advancement
  • Work in a supportive team environment
  • Engagement in strategic decision-making processes
  • Opportunities to participate in industry conferences and networks
Full Job Description
Job Description

The Senior Underwriter's 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.
  • Actuarial fundamentals. Ability to understand loss trends 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:
  • Within established business plans and assigned authority, select, analyze and underwrite individual risks utilizing corporate pricing and reinsurance techniques to obtain desired results.
  • Provide quality and timely input on assigned projects in order to meet the Company's needs in the changing market and support profitable growth.
  • Monitor results of the overall book of business assigned and recommend corrective action as necessary to insure retention of desirable accounts.
  • Make customer presentations/visits on behalf of Chubb Marine to develop positive, long-term broker relationships.
  • Participate in audits and/or underwriting meetings as required.
  • Cross-sell opportunities within other Chubb divisions through promotion of their products and services.


Qualifications

  • Minimum of 5 Years Underwriting Experience
  • Experience in Inland Marine is preferred
  • Business Acumen
  • Good Level of Product Knowledge including:
    • Exposure Analysis
    • Form & Coverages
    • Rating Principles and Mechanics
  • Negotiation & Presentation Skills
  • Strong Verbal and Written Communication Skills
  • Strong Organizational Skills with Attention to Detail
  • Ability to Work Effectively in a Team
  • Basic Proficiency in Microsoft Word, Excel, Power Point


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About Chubb

Chubb Limited is a Swiss-based global insurance company that provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance (A&H), reinsurance, and life insurance to a diverse group of clients. Chubb operates in 54 countries and territories and is the world's largest publicly traded property and casualty insurance company. The company has a long history, dating back to 1882, and has grown through a series of mergers and acquisitions. Chubb is known for its high-quality insurance products and services, as well as its strong financial performance and commitment to corporate social responsibility.
Learn more about Chubb
Size
31,000 employees
Market Cap
$90.7 billion
Industry
Finance & Insurance
Net Income
$3.5 billion
Founded
1882
5 Year Trend
+5.3%
Revenue
$35.9 billion
NASDAQ
CB
* Ladders Estimates

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