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Salary
$108k – $156k per year
Location
In office (Boston)
Seniority
Senior · 3+ years exp
Overview
Company
Impact
Profile match
Chubb is the largest publicly traded property and casualty insurer in the world, formed in 2016 when ACE acquired the older Chubb Corporation and took its name. It writes commercial property and casualty, specialty lines, high net worth personal insurance, accident and health cover and reinsurance across more than fifty countries, and it is known in the industry for underwriting discipline and for walking away from business it considers underpriced. Headquartered in Zurich with major operations in New York and Philadelphia, it is listed on the New York Stock Exchange.

We are currently seeking applicants for a Senior Equipment Breakdown Risk Engineer for our North America operations. The Senior Equipment Breakdown Risk Engineer operates within the Chubb Commercial Risk Consulting department and is considered an integral component of the valued added services that we provide for our client base and commercial insurance policy holders. The position will report to Risk Consulting Leadership and directly support their regional territory.

The primary focus of this position is to perform risk evaluations, evaluate exposures and controls, develop meaningful loss estimates, and communicate findings to business partners. Responsibilities include the application of critical thinking to determine the adequacy of controls, the likelihood of loss, the magnitude of loss, and the overall insurability. The individual will conduct boiler and pressure vessel inspections in accordance with jurisdictional rules by performing thorough examinations, identifying hazardous conditions, applying appropriate codes and standards, recommending corrective action, and submitting required reports. The individual will communicate to customers how these recommendations impact their business and appropriate courses of action. The Equipment Breakdown Risk Engineer will also perform claims investigations which include evaluating the elements of the accident, extent of damage, damage verification, invoice review, and cause of loss. The individual provides risk improvement services to customers, including identifying exposures with significant loss potential, investigation of losses and evaluation of preventative maintenance management programs. Written reports will include evaluations of machinery breakdown and business interruption exposures, which will assist underwriters in evaluating risks and assigning proper premium for the exposure.

This is a remote-based role that requires field travel.

Responsibilities

  • Development of risk improvement reports, recommendations, and other risk assessment documentation
  • Building and maintaining productive relationships with underwriting and service teams assigned to support the business with agents, claims, and clients
  • Managing workload within an assigned territory
  • Taking ownership of the territory and effectively prioritize, plan, and schedule work
  • Utilizing technology resources for maximum efficiency
  • Responding to customer requests in a timely and professional manner
  • Ability to deliver timely, quality service and products to internal and external customers
  • Qualified candidates will have a minimum of 3 to 5 years of experience inspecting boilers and pressure vessels. In addition, the candidate must be prepared to fulfill any additional requirements of each state jurisdiction to obtain state commissions
  • Consultative and client centric service mindset providing solutions and services to mitigate risks and exposures. Experience delivering standalone consulting projects is preferred
  • Candidate must have sound proficiency and experience with industrial, mechanical, and electrical equipment
  • Counsel and provide presentations to existing customers on a variety of safety related topics
  • Time management and work planning skills are essential for delivering efficient and productive workflow
  • Teamwork and advanced communication skills are necessary to achieve business goals
  • Strong interpersonal skills, including basic business expertise, such as sales, ability to negotiate, and the capability to interact with a wide variety of customers are essential
  • Additional competencies required to include proficient writing skills, self-management, problem solving, and results orientation

Education And Certification

  • High school degree or equivalent is required
  • Current National Board of Boiler and Pressure Vessel commission is required
  • Two or four-year college degree in Engineering or Science is desirable, but not required

The pay range for the role is $108,000 to $156,000. 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.

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