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Executive Underwriter, Property job in Boston

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Boston, Massachusetts - MA Chubb

Job Ref:  300000349731263
Employer:  Chubb
Sector:  Investment
P&C/General Insurance/Non-Life
Qualifications:  Senior Qualified Actuary
Software:  Excel
Job Type:  Full Time
Salary and Benefits:  Competitive
Remote:  No

Location

Country:  United States
State/Province/County:  Massachusetts - MA
City:  Boston
Post Code:  02111
Map: 

Description

Job Description

Chubb is the world's largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

KEY OBJECTIVES

Responsible for Major Accounts Property growth and underwriting business strategies by executing upon established team action plans and goals for the Pacific region. Key measurements include achieving profitable underwriting results through the growth, development, and underwriting of the business.

MAJOR DUTIES & RESPONSIBILITIES

PROFITABILITY & PRODUCTION
  • Goal Achievement - Execute Chubb Major Accounts Property production and business strategies to achieve profitable results through the underwriting, development and growth of regionally produced accounts.
  • Maintain renewals and expand capacity to achieve renewal premium retention plan
  • Growth Strategies - Execute upon the assigned roles per the written regional marketing plans and strategies. This includes:
    • Key Client & Broker Relations including Sales Calls & attendant strategies
    • Completing Target Account responsibilities & Cross Sell Strategies
  • Underwriting Integrity - Achieving all underwriting standards as outlined by the Major Accounts Property Home office and all applicable Underwriting Guidelines, Authorities, and Position Papers. This includes:
    • Risk Selection
    • Pricing & Attachments including Rate Change Goals
    • Terms & Condition
  • Execute the Region's Major Accounts Property Marketing Plans including the development and implementation of a marketing plan for assigned producers and geographic territories. The focus should be on increased external visibility, penetrating additional distribution sources, active client relationship management, pursuit of target accounts/occupancies/markets and Chubb North America Major Accounts cross divisional efforts.

PERFORMANCE MEASURES
  • Achievement of Premium Goals & Budgets
  • Adherence to Underwriting Goals, Guidelines & Objectives
  • Actuarial Profitability studies on Book of business
  • Results of Underwriting Audits (conducted by any party)
  • Leadership and mentorship abilities
  • Expense management for team budget within guidelines


Qualifications

  • Minimum of 7 Years Property Underwriting Experience
  • Business Acumen
  • Leadership skills
  • High Level of Product Knowledge including:
  • Exposure Analysis
  • Form & Coverages
  • Rating Principles and Mechanics
  • Negotiation & Presentation Skills
  • Experience with Broker Relations & Customer Management
  • Strong Verbal and Written Communication Skill
  • Basic Proficiency in Microsoft Word, Excel, Power Point

Travel may be required for client meetings/marketing trips within the Regions

Chubb strives to offer a diverse and inclusive and rewarding work environment. Teamwork and mutual respect are central to how Chubb operates and we believe the best solutions draw upon diverse perspectives, experiences and skills. We operate in such a way where everyone, regardless of their singular background has the opportunity to contribute to our collective success.

Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran, or marital status, or any other characteristic protected by law.

About Us

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
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