Senior Underwriter, Marine

The Senior Underwriter’s primary responsibility is to underwrite individual risks 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, special or common hazards, and appropriate controls. Ability to select risk 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.
• Actuarial fundamentals. Ability to understand loss trends and ratemaking. Ability to quantify risk based on experience history and forecasting methods.
• Marketing and communications. Ability to sell and negotiate to achieve bottom line profitability for the Company. Ability to make presentations and communicate articulately. Ability to base communications on strategic thinking. Ability to manage producer strategy.
• Systems and programs. Ability to use systems and software programs needed to conduct daily business.

Duties may include but are not limited to:

• Within established business plans and assigned authority, select, analyze and underwrite individual risks utilizing corporate pricing and reinsurance techniques to obtain desired results
• Provide quality and timely input on assigned projects in order to meet the Company’s needs in the changing market and support profitable growth
• Monitor results of the overall book of business assigned and recommend corrective action as necessary to insure retention of desirable accounts
• Make customer presentations/visits on behalf of Chubb Ocean Marine to develop positive, long-term broker relationships
• Participate in audits and/or underwriting meetings as required.
• Cross-sell opportunities within other Chubb divisions through promotion of their products and services
• Travel 25% within the Western United State

• Minimum 4+ years of current underwriting/insurance experience -concentration in Ocean Marine preferred
• Strong marketing and underwriting skill set with an emphasis on relationships and exposures in the Midwest
• Able to work collaboratively and prioritize in a matrix environment
• Strong oral and written communication skills
• PC and Microsoft Office Products proficient

The pay range for the role is $115,000 to $180,000. 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.