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Senior Underwriter - Property

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Chubb

Jul 17

Applications are closed

  • Job
    Full-time
    Junior & Mid Level
  • Real Estate & Property
  • $87.5K - $149.5K
  • New York

Requirements

  • Strong sales and marketing skills are also critical.
  • Must be able to demonstrate success in marketing, producer/book management and new business development.
  • Must also be able to successfully negotiate on all levels with both internal and external partners and nurture key producer relations.
  • The ideal candidate for the role will possess a high degree of proficiency with the underwriting process, risk analysis, and work effectively in collaboration with an Underwriting Associate.
  • Effective desk management is a critical part of this role.
  • Must have exemplary ability to effectively interact with all levels of customers and coworkers and exhibit strong interpersonal and written communication skills.
  • Knowledge and proficiency with underwriting technical issues, compliance, coverage, products, pricing & strategies expected.
  • Proficiency in Microsoft Office Suite as well as other business-related software required.
  • We are looking for a candidate who is highly motivated to succeed and is results oriented with solid business acumen.
  • Education and Experience:
  • Bachelor’s degree or equivalent experience.
  • Minimum of 2+ years of commercial property underwriting experience.

Responsibilities

  • This Senior Property Underwriter will manage a property renewal book while also producing new business. The position will primarily be focused on underwriting mono-line property opportunities, however the underwriter will be charged with cross selling and uncovering other lines of business for others within Commercial Insurance.
  • The Senior Property Underwriter must develop book growth, maintain superior relationships and implement effective and profitable pricing rate strategies. Underwriting will include marketing and servicing accounts based on Chubb guidelines.
  • The candidate will be responsible for developing and implementing a business plan to grow the property book through prospect identification and pipeline development, new business production and account management.
  • The Senior Property Underwriter will have accountability for the financial performance of the property book of business, achieving growth for the assigned 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.

FAQs

What is the primary focus of the Senior Property Underwriter position?

The primary focus of the Senior Property Underwriter position is on underwriting mono-line property opportunities while managing a property renewal book and producing new business.

What responsibilities does the Senior Property Underwriter have regarding book growth and financial performance?

The Senior Property Underwriter is responsible for developing and implementing a business plan to grow the property book, including prospect identification, new business production, and account management. They also have accountability for the financial performance of the property book, aiming to achieve growth for the assigned branch, region, and territory.

What skills are deemed essential for a successful candidate in this role?

Essential skills include strong sales and marketing abilities, successful negotiation skills, proficiency in the underwriting process and risk analysis, effective desk management, excellent interpersonal and written communication skills, and knowledge of underwriting technical issues and compliance.

What is the required education and experience for this position?

Candidates are required to have a Bachelor’s degree or equivalent experience and a minimum of 2+ years of commercial property underwriting experience.

What additional opportunities for advancement are available in this role?

The Senior Property Underwriter is expected to cross-sell and uncover other lines of business within Commercial Insurance, which can lead to further opportunities for career advancement and business development.

What tools and software proficiency is required for this job?

Proficiency in the Microsoft Office Suite as well as other business-related software is required for this role.

What is the pay range for the Senior Property Underwriter position?

The pay range for this role is between $87,500 to $149,500, and the specific offer will depend on the applicant’s skills and other factors. This role may also be eligible for a discretionary annual incentive program.

How does the company support the Senior Property Underwriter in achieving their objectives?

The company supports the Senior Property Underwriter in achieving their objectives by providing comprehensive marketing and servicing accounts based on Chubb guidelines, along with a structured framework for business development, prospect identification, and agency planning.

What qualities are you looking for in candidates for the Senior Property Underwriter position?

We are looking for candidates who are highly motivated, results-oriented, possess solid business acumen, and have exemplary abilities to interact effectively with all levels of customers and coworkers.

Is there any geographic pay differential for this position?

Yes, the disclosed pay range may be adjusted for the applicable geographic differential for the location in which the position is filled.

The world's largest publicly traded property and casualty insurance company

Finance
Industry
10,001+
Employees
1882
Founded Year

Mission & Purpose

Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, 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. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs 31,000 people worldwide.