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Salary
$100k – $165k per year
Location
In office (New York)
Seniority
Senior · 2+ 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.

Chubb is seeking a highly motivated, results oriented Senior Commercial Lines Life Sciences Underwriter to join our industry leading life sciences practice. The primary focus of the position will be Package, Umbrella, Workers Compensation, Automobile and International coverages for a wide variety of customer types in this niche space.

Position Responsibilities

  • Drive financial performance of assigned book of business. Underwriter will have a renewal book with a strong flow of new business submissions.
  • Meet or exceed financial goals including rate, growth, profit, retention, and new business
  • Meet or exceed service standard
  • Predominately responsible for account solicitation, risk selection and analysis (including documentation), pricing and sales of Life Sciences products and services for new and existing customers
  • Meet with new and renewal customers and agents/brokers to negotiate coverage, price, financial terms and service delivery
  • Build relationship with agents/brokers to meet or exceed financial goals and create effective business plans for assigned agents/brokers and territory
  • Work collaboratively and effectively with a team of underwriters, underwriting associates, customer service representatives, claims examiners, and loss control representatives
  • Develop technical expertise of underwriting associates
  • Utilize agency travel to build a robust prospect pipeline.

Candidates must possess the following required skills in order to be considered for this position:

  • Strong sales, marketing, and negotiation skills
  • 2+ years of commercial lines underwriting experience preferred
  • Life sciences underwriting experience a plus
  • Proven track record of building strong business relationships with agents and insureds
  • Demonstrated strong written and oral communication skills
  • Proven ability in complex account analysis, prioritization, organization and detail orientation
  • Ability to work both independently and within a team environment using multiple internal and external resources appropriately, effectively, and efficiently
  • Knowledge of Microsoft Office Suite as well as other business-related software
  • Bachelor’s degree or equivalent experience

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.

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