Associate Underwriter

Chubb•San Francisco, CA

2d•Onsite

About The Position

The Associate Underwriter’s primary responsibility is to manage an existing book of renewable business through a demonstration of strong skills in coverage fundamentals, terms and conditions, risk assessment, financial proficiency, actuarial fundamentals, marketing and communications, and systems and programs. The role involves selecting and underwriting individual risks within established business plans and assigned authority, utilizing corporate pricing and reinsurance techniques to achieve desired results. The Associate Underwriter will manage a renewable book of business, offering strategic underwriting guidance including rate, terms, and deductibles, and monitor the results of the assigned book, recommending corrective actions as necessary to ensure retention of desirable accounts. This position also requires providing quality and timely input on assigned projects to meet the Company’s needs in a changing market and support profitable growth. Duties may include participating in audits and/or underwriting meetings, and identifying cross-sell opportunities within other Chubb divisions by promoting their products and services. Travel is less than 25%.

Requirements

Bachelor’s degree
Minimum 3 years of current underwriting/insurance experience
Concentration in Inland Marine products including Builder’s Risk preferred
Strong analytical skills with the ability to collect, organize, and analyze significant amounts of information with attention to detail and accuracy
Effective time and desk management, balancing a large book of renewal business
Able to work collaboratively and prioritize in a matrix environment
Strong oral and written communication skills
PC and Microsoft Office Products proficient, Excel skills in particular

Nice To Haves

Industry designations – CPCU or AIMIM preferred

Responsibilities

Select, analyze, and underwrite individual risks utilizing corporate pricing and reinsurance techniques to obtain desired results within established business plans and assigned authority.
Manage a renewable book of business offering strategic underwriting guidance including rate/terms/deductibles.
Monitor results of the overall book of business assigned and recommend corrective action as necessary to insure retention of desirable accounts.
Provide quality and timely input on assigned projects to meet the Company’s needs in the changing market and to support profitable growth.
Participate in audits and/or underwriting meetings as required.
Cross-sell opportunities within other Chubb divisions through promotion of their products and services.