The Financial Institutions team is currently seeking a Senior Underwriter to execute growth and underwriting strategies for the Northeast & Southeast regions. 

 MAJOR DUTIES & RESPONSIBILITIES:

 Responsibilities for the role include, but are not limited to:

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 customers across a number of products which include: Directors & Officers Liability Professional Liability for Asset Managers and Funds (including hedge funds, private equity and venture capital) Bankers Professional Liability Insurance Company Professional Liability Security Broker-Dealer Professional Liability Employment Practices Liability Fiduciary Liability Fidelity Risk Assessment. Performing risk analysis for Financial Institutions clients. 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. Ability to understand credit risk. Actuarial fundamentals. Ability to understand loss trends, loss triangles, 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 and Cross-market with other groups who underwrite Chubb products for Financial Institutions in the Mid Atlantic Region Systems and programs. Ability to use systems and software programs needed to conduct daily business.

The Senior Underwriter role will also entail: developing and maintaining a broad network of brokerage relationships, expanding distribution and new business production, mentoring junior underwriters in underwriting best practices, and assuming some Team Leadership duties.

Candidates must possess an in-depth knowledge of Financial Institutions management liability and professional liability insurance products and conceptsExperience developing and maintaining a broad network of brokerage relationships, demonstrated leadership abilities and negotiation skillsStrong oral and written communication skills are essentialPossess a minimum of 5 years of experience underwriting management and professional liability products for Financial Institutions Bachelors degree preferred 

The pay range for the role is $105,600 to $163,200. 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.