Senior Underwriter

JOB DESCRIPTION

Chubb Global Casualty (CGC) Domestic is looking for an applicant to fill the position of Senior Underwriter in our Philadelphia office.

CGC is the largest operating division in Chubb Major Accounts; our focus is Fortune 1,000 companies with risk taking appetites.

Industries include major league sports, entertainment & media companies, large manufacturing & servicing industries, national retail and restaurant chains, and large transportation companies.

We offer customized & complex primary loss sensitive programs tailored to our client's business needs and operations.

The core lines of business include: Workers Compensation, General Liability and Auto Liability.

Details of this critical opening follow:


* 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


* Determines terms and conditions and complex rating plans


* Binds coverage


* Documents the underwriting files


* Handles more complex files and portfolios within underwriting authority


* Guides and mentors junior staff.

QUALIFICATIONS



* Knowledge

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 pol...