Job DescriptionChubb is currently seeking an Inland and Ocean Marine Sr. Underwriter to join its Commercial Marine Underwriting Team in the Midwest Region.
The Inland / Ocean Marine Sr Underwriter has responsibilities including a renewal book of $4M - $6M and a new business goal of approximately $1.5M-$2M annually. The position will be responsible for driving profitable growth with a designated group of agents and brokers in the Midwest Territory. Ideally, this role will include underwriting Ocean Marine, Builder's Risk, Fine Arts, Contractors Equipment, Motor Truck Cargo, Transit, Installation Floaters, Equipment Dealers, and other Inland Marine coverages. This position will collaborate within a large team of other underwriters, operations, claims, marketing, regional and home office management as necessary. We are looking for a candidate who is highly motivated, results oriented with solid business and underwriting acumen.
Knowledge, Skills, and Abilities Required:
- Focused knowledge and experienced in Inland Marine. Experience with Ocean Cargo is a plus.
- Underwriting duties will include developing and negotiating price, coverage, terms and conditions for all new business and renewals while actively identifying account rounding opportunities for other Chubb practices
- This position must collaborate with other underwriters, operations, claims, marketing, and home office management as necessary. The underwriter must implement and manage effective pricing and rate strategies that will produce profitability, book growth, and successful producer relations.
- Strong sales and marketing skills are critical; must be able to demonstrate successful agency and broker management, including building, maintaining, and managing producer and customer relationships.
- Ability to identify opportunities for growth within new and existing production sources.
- Knowledge of marketing principles, pricing/rate strategies and how to apply them to attain underwriting profit.
- Candidate must possess a high degree of proficiency with the underwriting process, with a solid background in risk analysis.
- Candidate must have ability to effectively interact with all levels of customers and collaborate with a team of underwriters, claims and loss control personnel.
- Knowledge and proficiency with technical issues, compliance, coverage, products, and pricing strategies expected.
Qualifications- Ideally 3 or more years of experience.
- Must have proven marketing and negotiation skills
- Strong communication, interpersonal and time management skills
The pay range for the role is $100,000 to $165,000. 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.
