Senior Underwriter, Financial Institutions at Chubb in Philadelphia, Pennsylvania

Job Description:

Financial Institutions Property & Casualty (FPC) Underwriter  

 

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 Financial Institutions Underwriter will manage an FPC renewal book for the Mid-Atlantic territory, specifically Philadelphia and Harrisburg.  The position will primarily be focused on underwriting Financial Institutions opportunities (multi-line), however the underwriter will be charged with cross selling and writing other lines of business. The Financial Institutions Underwriter will sit in the Philadelphia branch.

 

The Financial Institutions Underwriter must develop book growth, maintain superior relationships and implement effective and profitable pricing rate strategies.  Underwriting will include marketing and servicing accounts based on Chubb guidelines. 

 

The position will be responsible for developing and implementing a business plan to grow the Financial Institutions book through prospect identification and pipeline development, new business production ($1.25m) and account management in the Philadelphia and Harrisburg marketplace. 

 

The Financial Institutions Underwriter will have accountability for the financial performance of the FPC book of business, achieving growth for the branch, region and territory.  They will identify opportunities for growth within new and existing production sources, identify cross sell opportunities, conduct agency planning/goal setting including monitoring of progress and make regular broker and insured visits. 

 

This position reports to the Philadelphia Financial Institutions Underwriting Manager.

 

 

Qualifications

 

Skills Required:

 

.  Candidate will have 5-7 years commercial multi-line underwriting experience, preferably in Financial Institutions P&C placements

 

.  Strong sales and marketing skills are also critical.

 

.  Must be able to demonstrate success in marketing, producer/book management and new

   business development.  Must also have the ability to successfully negotiate on all levels with

   both internal and external partners and nurture key producer relations. 

 

.  The ideal candidate for the role will possess a high degree of proficiency with the underwriting

   process, risk analysis, and work effectively in collaboration with an Underwriting Associate. 

 

.  Effective desk management is a critical part of this role. 

 

.  Must have exemplary ability to effectively interact with all levels of customers and coworkers and exhibit strong interpersonal and written communication skills. 

 

.  Knowledge and proficiency with underwriting technical issues, compliance, coverage,

   products, pricing & strategies expected. 

 

.  Proficiency in Microsoft Office Suite as well as other business related software required. 

 

.  We are looking for a candidate who is highly motivated to succeed and is results oriented with

   solid business acumen.

 

. Salary grade for this position will depend on applicant’s experience.

 

 

Education and Experience:

 

Bachelor’s degree or equivalent experience.

Minimum of 5-7 years of commercial multi-line underwriting experience in Financial Institutions (P&C)

 

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