Executive Underwriter, Financial Lines
JOB DESCRIPTION
The Executive Underwriter's primary responsibility is to underwrite individual risks of public companies to provide Director & Officers Liability, Employment Practices Liability, Fiduciary Liability, and other insurances.
The individual will underwrite 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 customer's needs.
* Risk Assessment
+ Ability to identify risk exposures, special or common hazards, and appropriate controls.
+ Ability to select risk based on exposure and risk analysis.
+ Conduct exploratory research into customers' operations and industries.
Ability to analyze claims and quantify losses.
* Financial proficiency
+ Understanding of financial statements and ratios used in risk analysis.
+ Understanding insurance financial fundamentals and the impact of underwriting decisions on company assets.
+ Ability to understand credit risks, including credit metrics and debt covenants.
* 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.
MAJOR DUTIES & RESPONSIBILITIES: Duties may include but are not limited to:
* Solicits new and renewal submissions from brokers
* Determines terms and conditions and complex rating plans Binds coverage
* Documents the underwriting files
* Handles more complex files and portfolios within underwriting authority
* Develops current and new relationships with local brokers
QUALIFICATIONS
The
ABOUT US
Chubb is a world leader in insurance.
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.
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, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical conditio...
- Rate: Not Specified
- Location: Boston, US-MA
- Type: Permanent
- Industry: Finance
- Recruiter: Chubb
- Contact: Not Specified
- Email: to view click here
- Reference: 18392
- Posted: 2025-03-13 08:05:12 -
- View all Jobs from Chubb
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