Analysis Skills, Best Practices, Brokerage, Business Development, Business Processes, Business Solutions, Claims Management, Claims Processing, Cross-Functional, Customer Satisfaction, Data Sets, Industry/Trade Analysis, Insurance, Insurance Underwriting, Interpersonal Skills, Maintain Compliance, Market Analysis, Market Segmentation, Market Trend Analysis, Mentoring, Monitor Regulations, Negotiation Skills, Performance Analysis, Performance Metrics, Policy Development, Pricing, Problem Solving Skills, Process Management, Product Development, Product Pricing, Property and Casualty Insurance, Risk Analysis, Risk Management, Service Delivery, Underwriting, Worker's Compensation
Summary
As a Senior Insurance Property and Casualty Underwriter, you will play a critical role in the underwriting support process for renewal business applications and new business opportunities within the small to mid-market segment. You will leverage your extensive knowledge of commercial insurance products-including auto, property, general liability, workers'' compensation, and Excess/Umbrella to assess risk, develop competitive pricing, and lead underwriting initiatives. This position entails mentoring junior underwriters, collaborating cross-functionally, and contributing to strategic decision-making in underwriting policies.
Key Responsibilities
- Oversee and manage the underwriting process for complex commercial accounts, ensuring adherence to company guidelines while assessing risk and exposure for auto, property, general liability, workers'' compensation, and Excess/Umbrella.
- Utilize advanced analytical skills to evaluate risk factors, loss history, and market trends to make informed underwriting decisions that align with the organization''s Industry Practice strategic goals.
- Develop and maintain relationships with brokers and agents, offering exceptional service and acting as a key point of contact for underwriting inquiries.
- Provide mentorship and guidance to junior underwriters; facilitate training sessions and knowledge sharing to enhance team capabilities.
- Participate in the development and refinement of underwriting policies, processes, and pricing strategies based on industry trends and company objectives.
- Collaborate with cross-functional teams, including claims, risk management, and product development, to improve service delivery and enhance client satisfaction.
- Actively engage in business development initiatives, identifying opportunities for growth within existing portfolios and contributing to new business efforts.
- Monitor regulatory changes and industry best practices, ensuring compliance and alignment with current standards in underwriting practices.
- Prepare and present detailed reports on underwriting performance metrics and market analysis to senior management, aiding in strategic decision-making.
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 condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
- Minimum 3-5 years of commercial P&C underwriting experience
- In-depth knowledge of commercial insurance products, including but not limited to auto, property, general liability, workers compensation, and Excess/Umbrella.
- Proven track record in risk assessment, pricing strategies, and developing underwriting guidelines.
- Exceptional analytical and problem-solving skills, with the ability to interpret complex data sets and make sound decisions.
- Strong negotiation skills coupled with superior communication and interpersonal abilities to effectively relate with brokers, agents, and clients.
Education: Bachelor''s degree or equivalent experience
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Chubb Ltd
Chubb is the world’s largest publicly traded property and casualty insurance company and the largest commercial insurer in the U.S.
With operations in 54 countries and territories, we are a major personal lines writer, as well as a leading middle market, small commercial and large industrial commercial insurer, providing a wide range of traditional and specialty coverages.
As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. And we combine the precision of craftsmanship with deep experience to conceive, craft and deliver the very best insurance coverage and service to individuals and families and to businesses of all sizes.
Our products and services are distributed through brokers, independent agents, exclusive agents and various forms of direct marketing.
What we deliver:
- Extensive product and service offerings
- Broad distribution capabilities
- Service excellence
- Risk expertise
- Underwriting discipline
- Exceptional financial strength
- Local operations globally