New York, NY
4 days ago
Senior Underwriter, Private Not-For-Profit

The Senior Underwriter’s primary responsibility is to underwrite individual 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 needs of the customer. Risk Assessment. 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. 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 and agents Determines terms and conditions and complex rating plans Binds coverage Documents the underwriting files Handles more complex files and portfolios within underwriting authority 4-7 plus years of Underwriting experience preferred.Knowledge of insurance industryKnowledge of underwriting concepts, practices, and proceduresMicrosoft Word, Excel, and OutlookOral and written communication skillsNegotiation & marketing skillsBachelor’s degree 

The pay range for the role is $80,500 to $137,000. 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.

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