Senior Underwriter, Private/ Not-For-Profit Financial Lines (Underwriting)

This position will support the achievement of established goals related to profitable growth, customer service, and maintenance of producer relationships within the Private/Not-For-Profit Financial Lines group. The primary responsibility will focus on underwriting new and renewal business within the Long Island branch 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, appropriate controls, and to select risks 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.

Marketing and Communications
Strong interpersonal, communication and negotiation skills

Systems and programs
Ability to use systems and software programs needed to conduct daily business.

Duties may include, but are not limited to:

Soliciting and analyzing risks within Private/ Not-For-Profit Financial Lines’ guidelines and ensuring proper file documentation.

Developing and negotiating price, coverage, and terms and conditions for new business and renewals and actively identifying account rounding and cross-sell opportunities.

Conducting sales presentations and providing product education to brokers and agents

Maintaining and developing relationships with brokers, agents, and clients.

DESIRED QUALIFICATIONS

Minimum of 3-5 Years Underwriting Experience with a strong knowledge of Private/NFP products, underwriting, and marketing

Knowledge of insurance industry

Microsoft Word, Excel, and Outlook

Oral and written communication skills

Negotiation & marketing skills

Bachelor’s degree

The pay range for the role is $88,000 to $132,000. 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 at https://careers.chubb.com/global/en/north-america. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.

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.