Senior Underwriter, Marine

Chubb•Los Angeles, CA

35d•$100,000 - $165,000

About The Position

The Senior Underwriter's primary responsibility is to underwrite individual risks through a demonstration of the following skills and abilities: Fundamentals of coverage, terms and conditions. Ability to offer coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer. Risk Assessment. Ability to identify risk exposures, special or common hazards, and appropriate controls. Ability to select risk based on exposure and risk analysis. Ability to analyze claims and quantify losses. Financial proficiency. Understanding of financial statements and ratios used in risk analysis. Understanding of insurance financial fundamentals; impact of underwriting decisions on company assets. Actuarial fundamentals. Ability to understand loss trends and ratemaking. Ability to quantify risk based on experience history and forecasting methods. 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. Systems and programs. Ability to use systems and software programs needed to conduct daily business.

Requirements

Minimum 4+ years of current underwriting/insurance experience -concentration in Builders Risk / Inland Marine preferred
Strong marketing and underwriting skill set with an emphasis on relationships and exposures on the West Coast.
Able to work collaboratively and prioritize in a matrix environment.
Strong oral and written communication skills.
PC and Microsoft Office Products proficient.
Travel 25% within the Western United States.

Responsibilities

Underwrite individual risks
Offer coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer
Identify risk exposures, special or common hazards, and appropriate controls
Select risk based on exposure and risk analysis
Analyze claims and quantify losses
Understanding of financial statements and ratios used in risk analysis
Understanding of insurance financial fundamentals; impact of underwriting decisions on company assets
Understand loss trends and ratemaking
Quantify risk based on experience history and forecasting methods
Sell and negotiate to achieve bottom line profitability for the Company
Make presentations and communicate articulately
Base communications on strategic thinking
Manage producer strategy
Use systems and software programs needed to conduct daily business

Benefits

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.

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