Senior Underwriter

Chubb•Dallas, TX

22h

About The Position

The Senior Underwriter will lead the underwriting of complex construction exposures within Chubb's Construction division. The role assesses risk, develops pricing strategies, and collaborates with brokers and internal teams to support profitable and compliant coverage for practice programs, individual projects, and maintenance wrap policies. It requires deep construction industry knowledge, strong analytical skills, and the ability to mentor junior underwriters and improve underwriting practices. The Senior Underwriter solicits new and renewal submissions, determines terms, conditions, and complex rating plans, binds coverage, and manages underwriting files and portfolios within their authority. The role works with actuarial, risk engineering, credit management, and home-office teams to develop comprehensive programs, documents underwriting files, and completes and passes self-audits of their own files.

Requirements

Bachelor's degree in Finance, Business, Risk Management, or a related field.
Minimum 3–5 years of underwriting experience in the construction insurance sector.
Proven track record underwriting complex construction risks with strong loss control results.
Excellent analytical, quantitative, and decision-making abilities.
Strong communication and negotiation skills with brokers, clients, and internal teams.
In-depth knowledge of construction practices, contracts, and the regulatory environment.
Proficiency with underwriting software, rating tools, and Microsoft Office Suite.
Ability to work independently and lead a team in a fast-paced environment.
Commitment to ethical standards and continuous professional development.

Nice To Haves

MBA or advanced underwriting certification.
Professional designations such as CPCU, ARM, CRIS, or AIC.

Responsibilities

Solicit new and renewal submissions from brokers.
Analyze and underwrite individual construction risks, including practice programs, project covers, and maintenance wraps.
Determine terms and conditions and develop complex rating plans.
Develop and maintain pricing models and rate structures for construction lines of business.
Prepare detailed underwriting submissions, risk assessments, and policy terms.
Collaborate with brokers, agents, and internal stakeholders to gather information and negotiate terms.
Work with actuarial, risk engineering, credit management, home-office, and other teams to assemble comprehensive programs for new and renewal business.
Bind coverage and document underwriting files.
Handle files and portfolios within underwriting authority.
Monitor portfolio performance and recommend adjustments to maintain profitability and loss ratios.
Ensure compliance with company underwriting guidelines, state regulations, and industry standards.
Complete self-audits of underwriting files and pass all self-audits of their own files.
Mentor and coach junior underwriters on best practices and technical issues.
Stay current on construction industry trends, emerging risks, and market conditions.
Participate in product development and enhancement initiatives for construction insurance offerings.
Prepare regular reports and presentations for senior management on underwriting results and risk trends.