Executive Underwriter - Public Company Management Liability at Chubb in Boston, Massachusetts

Job Description:

Position:   Chubb Public Company Management Liability Executive Underwriter

Chubb is currently seeking candidates for a Chubb Financial Lines Executive Underwriter position in its Northeast region.  The ideal underwriter will have significant experience handling D&O, Employment Practices, Fiduciary Crime and Kidnap & Ransom products for public companies.

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. 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.

Our Underwriters are responsible for blending analytical and marketing skills into an effective business style by applying analytical skills to the risk assessment process; developing solutions for global customers; cultivating relationships with agents and brokers while using relationship to place business with Chubb; selling Chubb’s competitive advantages in the marketplace and negotiating pricing and terms and conditions in a competitive marketplace that meet the customer’s needs and positions Chubb to achieve a profit

As a Chubb Financial Lines Executive Underwriter in Chubb’s Boston or New York branch, serving the Northeast Region, major duties and responsibilities are:

MAJOR DUTIES & RESPONSIBILITIES:

 Duties may include but are not limited to:

-           Solicits new and renewal submissions from brokers

-          Executes on all division guidelines, portfolio management activities and initiatives

-           Independently manages assigned book of business to achieve desired retention, rate and new business       goals

-           Establishes relationships with external partners

-           Actively participates in underwriting meetings and calls

-           Effectively articulates Chubb's strategy and market assessment to insureds and brokers

-           Engages and utilizes local branch office resources

-           Conducts travel as appropriate

-           Demonstrates an in-depth understanding of all management liability product lines including Directors & Officers Liability, Fiduciary, Crime, Kidnap Ransom and Employment Practices Liability

-           Reviews and assesses complex terms and conditions and provides thoughtful recommendations

-           Works independently and with internal colleagues to provide exceptional service

-           Utilizes various external and internal resources to assess risk with varying complexities and classes of business

-           Documents underwriting files to adhere to audit and compliance standards

-           Utilizes individual underwriting authority within corporate guidelines

-           Guides and mentors junior staff.

MINIMUM REQUIREMENTS

-           5-7+ years underwriting experience

-           Experience with multiple lines of management liability insurance

-           Bachelor’s degree

 

DESIRED QUALIFICATIONS

-           In-depth knowledge of insurance industry

-           In-depth knowledge of underwriting concepts, practices, and procedures

-           Strong oral and written communication skills

-           Strong negotiation and marketing skills

 

 

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.

 

 

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