Senior Underwriter at Chubb in Basking Ridge, New Jersey

Job Description:

Chubb is the world’s largest publicly traded property and casualty insurer.  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.

Scope

The Commercial Insurance Division is seeking to fill an Senior Underwriter position in the New Jersey branch. The primary focus of the position will be Excess Umbrella and Technology/Life Science, and various other coverages for a wide variety of customer types.

Responsibilities

•              Drive financial performance of a Commercial book of business comprised of Package Life Science and Information Technology including Technology E&O.  Candidate will also be asked to be a resource for multiline underwriters to assist with writing Umbrella opportunities associated with package accounts.

•              Underwrite and negotiate renewals with a total premium of $7.5 million of Commercial business in various industries and new business goal of $2 million.

•              Meet or exceed financial goals including rate, growth, profit, retention, and new business

•              Predominately responsible for account solicitation, risk selection and analysis, pricing and sales of core commercial products and services for new and existing customers

•              Participate in cross-sell initiatives within Commercial Insurance to expand product offerings to current clients

•              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

•              Utilize agency travel and Salesforce to build a robust prospect pipeline.

Qualifications

•              Strong sales, marketing, and negotiation skills

•              Minimum of 5+ years insurance industry experience.

•              Minimum of 5+ years of commercial lines underwriting experience

•              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

•              Educational and Experiential Requirements

•              Strong desire to improve knowledge and skill set in the commercial lines of business

Chubb strives to offer a diverse and inclusive and rewarding work environment.  Teamwork and mutual respect are central to how Chubb operates and we believe the best solutions draw upon diverse perspectives, experiences and skills.  We operate in such a way where everyone, regardless of their singular background has the opportunity to contribute to our collective success.

Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress.  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, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran, or marital status, or any other characteristic protected by law.