Chubb

Underwriter, Environmental

Chubb$82K — $118K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required
  • Minimum 1 year of underwriting experience preferred
  • Understanding of the insurance industry
  • Familiarity with underwriting concepts and practices
  • Experience with environmental lines of business preferred

Responsibilities

  • Solicit new and renewal submissions from brokers
  • Determine terms and conditions along with complex rating plans
  • Quote and bind coverage
  • Document underwriting files
  • Develop and maintain relationships with clients
  • Take ownership of production goals and utilize resources to achieve them

Benefits

  • Comprehensive benefits package
  • Participation in a discretionary annual incentive program
Full Job Description
Job Description

Key Objective: To effectively execute the Westchester Environmental unit strategy for our package and monoline business.

Specific duties include but are not limited to:
  • Solicits new and renewal submissions from brokers
  • Determines terms and conditions and complex rating plans
  • Quotes/Binds coverage
  • Documents the underwriting files
  • Develop/maintain internal/external client relationships.
  • Takes ownership of given production goals and utilizes all available department resources to achieve said goals.


Qualifications

  • Bachelors degree
  • Minimum 1 year of experience preferably within underwriting
  • Knowledge of the insurance industry
  • Knowledge of underwriting concepts, practices, and procedures
  • Experience in underwriting environmental lines of business is preferred. This includes but is not limited to the following coverage lines: Commercial General Liability, Contractors Pollution Liability, Professional Liability, Site Pollution Liability, Excess Liability, Business Auto

Good Level of Underwriting Knowledge including:
  • Exposure Analysis and Forms & Coverages
  • Rating Principles and Mechanics
  • Proficiency in Typing and Microsoft Office Suite (Word, Excel, Outlook, PowerPoint)
  • Strong Oral and Written Communication Skills
  • Strong Organizational skills with attention to detail
  • Proven Broker Relations & Customer Management skill set
  • Ability to work effectively in a team
  • Negotiation & Presentation Skills
  • Strong Business Acumen
  • Experience working in the E&S/wholesale market space is ideal


The pay range for the role is $82,000 to $118,000. 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 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
Net Income
$3.5 billion
Founded
1882
5 Year Trend
+5.3%
Revenue
$35.9 billion
NASDAQ

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