Senior Underwriter/Executive Underwriter- Environmental Risk

Chubb•Toronto, ON

About The Position

Environmental is looking for an applicant to fill the position of Senior Underwriter/Executive Underwriter. The Senior Underwriter/Executive Underwriter will be charged with directly underwriting and growing a book consisting of Site pollution and CPL and excess accounts. The underwriter will be responsible for aggressively marketing to their assigned brokers to bring in opportunities and will work closely with the respective manager of the region, as well as various Business Development Managers across the region to position this portfolio within Chubb underwriting guidelines and strategy for growth and profit.

Requirements

Financial and mathematical proficiency.
Understanding of financial statements and ratios used in risk analysis.
Understanding of insurance financial fundamentals; impact of underwriting decisions on company assets.
Understanding credit risk.
Actuarial fundamentals. Ability to understand loss trends, loss triangles, and ratemaking.
Ability to quantify risk based on experience history and forecasting methods.

Responsibilities

Work collaboratively with Regional Manager, Underwriting Team and other unit and region colleagues
Execute regional marketing and sales strategies including prospecting, cross sell and upsell initiatives
Negotiates pricing, terms and conditions for environmental accounts using assigned underwriting authority and company guidelines
Risk Assessment/Identifying risk exposures, special or common hazards, and appropriate controls.
Selecting risk based on exposure and risk analysis.
Analyzing claims and quantifies losses.
Documents the underwriting files with account review, analysis and conclusions.
Ability to rate/quote/bind coverage and has a command of underwriting systems.
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.