Description

We are seeking a highly motivated and results-oriented Financial Institutions P&C Underwriter for our in New York City office. This role involves managing a renewal book and generating new business, with a focus on underwriting Financial Institutions business for Package, Worker's Compensation, Auto, General Liability, Umbrella, and international programs. The position will be responsible for developing and implementing a business plan to grow the Financial Institutions book through prospect identification and pipeline development, new business production and account management with defined set of agents within New York City.

The Financial Institutions Senior Underwriter will have accountability for the financial performance of the book of business, achieving growth for the branch, region and territory. They will identify opportunities for growth within new and existing production sources, identify cross sell opportunities, conduct agency planning/goal setting including monitoring of progress and make regular broker and insured visits

Responsibilities

• Underwriting responsibility to manage a renewal book of $10M and generate new business of approximately $2.5M annually
• Will handle package, auto, workers compensation, and umbrella lines with a focus on Financial Institutions business
• Implementing and managing effective pricing and underwriting strategies which include developing and negotiating price, coverage, terms and conditions for all new business and renewals while actively identifying account rounding opportunities for other Chubb practices
• Collaborating with other underwriters, operations, claims, marketing, and home office management as necessary to retain key renewals and enhance service delivery
• Build, maintain and manage successful producer relationships to achieve retention and new business development. Agency Management includes digital tools to help sell the Chubb value proposition
• Meeting with new and renewal customers, individually or as part of a Chubb team, to make sales presentations and negotiate coverage, price, financial terms and delivery service
• Travel is primarily local broker meetings in NYC, occasionally Tri-State, and limited national travel

QUALIFICATIONS

• Bachelor's degree or equivalent work experience
• 4+ years of underwriting experience
• Proven ability to successfully negotiate on all levels and develop producer relationships
• Strong track record of service orientation and teamwork
• Knowledge of marketing principles, underwriting and pricing strategies
• Demonstrated technical expertise and product knowledge in Commercial Insurance
• Aptitude to attract and retain profitable business
• Strong interpersonal, written communication skills with a focus on quality
• Experience underwriting multiple lines of insurance with sound, balanced and timely decision-making skills
• Highly motivated, results oriented with solid business and underwriting acumen
• Knowledge and proficiency with technical issues, compliance, coverage, products and pricing strategies
• Ability to be creative and adaptable in a changing business environment
• Knowledge of Microsoft Office Suite as well as other business-related software

The pay range for the role is $115,000 to $180,000. 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.

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 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.