Senior Underwriter, Excess Casualty
About The Position
The Senior Underwriter contributes to the Excess Casualty National Accounts segment business plan and is responsible for producing, underwriting, and maintaining new and renewal umbrella and excess casualty accounts within an assigned territory. The role develops and cultivates relationships with brokers and clients to support new business opportunities, retain existing accounts, and represent the Major Accounts Excess Casualty segment in the marketplace. The Senior Underwriter evaluates complex casualty exposures and determines appropriate coverage, attachment points, pricing, terms, and conditions within established underwriting authority. The position also develops marketing strategies, manages the new business pipeline, participates in account stewardship and cross-marketing activities, and oversees required underwriting and operational work. The role reports business activity and results to Excess Casualty National Accounts management and follows Chubb standards for pricing, documentation, account servicing, and portfolio management.
Requirements
- Bachelor’s degree in insurance, business, risk management, or a related field, or equivalent professional experience.
- Four to six years of commercial casualty experience, including experience underwriting large or complex casualty accounts.
- In-depth knowledge of commercial casualty underwriting products, concepts, coverages, and procedures.
- Demonstrated ability to evaluate complex risk exposures, loss experience, financial information, and coverage structures.
- Strong understanding of casualty pricing, attachment-point analysis, policy terms, and underwriting strategies.
- Established broker relationships and the ability to develop new business opportunities.
- Strong sales, marketing, negotiation, and account-management skills.
- Ability to develop and execute business and marketing plans.
- Strong written, verbal, interpersonal, and presentation skills.
- Ability to work effectively with brokers, clients, underwriting management, claims, actuarial, risk engineering, and other internal business partners.
- Ability to manage competing priorities and make independent underwriting decisions within established authority.
- Proficiency with Microsoft Office and applicable underwriting systems.
Nice To Haves
- Excess casualty, umbrella, or Fortune 1000 account underwriting experience.
Responsibilities
- Produce new business opportunities within the assigned territory.
- Evaluate, select, underwrite, price, quote, and maintain new and renewal umbrella and excess casualty business.
- Analyze complex casualty exposures, loss experience, financial information, risk controls, and account structures.
- Determine appropriate coverage, attachment points, pricing, terms, and conditions within underwriting authority.
- Develop and implement marketing plans in coordination with Excess Casualty National Accounts management.
- Expand existing broker relationships and develop new brokerage relationships where appropriate.
- Manage the new business pipeline and develop strategies to successfully close targeted opportunities.
- Retain accounts through active participation in Chubb’s stewardship process.
- Maintain production goals and report on business activity and results to Excess Casualty National Accounts management.
- Identify cross-marketing opportunities and coordinate strategies across Chubb’s domestic and multinational casualty operations.
- Oversee and execute required underwriting and operational activities.
- Participate in product-line projects and business initiatives as required.
- Adhere to Chubb standards for pricing, documentation, account servicing, and portfolio management.
Benefits
- Comprehensive benefits package.
- May be eligible to participate in a discretionary annual incentive program.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
