This position is focused on generating opportunities, client relationships and brokerage placements of their area of coverage specialty. Creates relationships with existing and new brokerage carriers, to negotiate terms and pricing with a high sense of urgency. Interacts with Companies and Brokers via telephone, e-mail, in-person visits, networking and regular mail.
Essential Duties and Responsibilities:
Develop client relationships to generate submission opportunities and a regular flow of business.
Review submission documents received to prepare additional information including; loss pics/summaries, loss stratifications, risk summaries, narratives, online research and requesting additional information needed from the client.
Select and market the risk, by line of coverage, to markets to negotiate terms & pricing.
Provide comparisons and illustrations to compare options and support client presentation process.
Utilizes knowledge of automated systems to develop information for new or renewal policies.
Prepares quotations for agents and answers inquiries from agents, policyholder, or prospects.
Reviews requests for cancellation, endorsements, etc.
Reviews policies for renewal consideration and remarketing.
Request additional documentation necessary for the processing of an application, endorsement or cancellation.
Conduct marketing visits to agents and attend industry events.
Work with support associates, assistants and central processing to assure work is completed in a timely manor and with accuracy. This may include mentorship and guidance of the team member working with you on risks.
Performs other duties as assigned.
Qualifications/Requirements:
Must have Producer's License.
3 plus years of insurance experience.
Prior exposure to insurance brokerage type activities.
Basic familiarity with computers.
Good oral and written communications skills.
Strong analytical skills and the ability to pay attention to details.
A high sense of urgency.
Resourceful and controlled assertive behavior characteristics.
Must have demonstrated negotiation & sales skills.
Technical knowledge of insurance coverage forms and their application to exposure.
Knowledge of departmental regulations and policies.
Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines and standard accepted underwriting practices.
Strong interpersonal skills working with Staff and Company Underwriters
Experience in standard underwriting practices and procedures.
Associated classes or courses and/or industry license, or designation.
We offer a total compensation package which includes salary (range 65k-85k) plus a full comprehensive benefits package. Package includes Paid Time Off Days, Paid Holidays, Hybrid Work Schedule, Retirement Plan with Employer Match, 100% Single Employer Paid Medical, Dental, Vision, Life Insurance, Education Assistance, Various Voluntary Benefits, Wellness Program Including Mental Health Support and an Employee Assistance Program (EAP) and More.
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$86k-128k yearly est. Auto-Apply 60d+ ago
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Senior Stop-Loss Underwriter - Special Risk
Blue Cross and Blue Shield of Massachusetts Inc. 4.3
Boston, MA jobs
A leading health insurance provider in Boston seeks an Underwriter II for Special Risks to manage underwriting activities for Stop Loss programs. This full-time role involves precise calculations of quotations, adhering to guidelines, and preparing analyses for renewals. Candidates must have strong analytical skills and a minimum of three years of relevant experience. The organization values flexibility in work/life balance and offers comprehensive benefits to its associates.
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$94k-139k yearly est. 5d ago
Underwriter II - Special Risk
Blue Cross and Blue Shield of Massachusetts Inc. 4.3
Boston, MA jobs
Underwriter II - Special Risk page is loaded## Underwriter II - Special Risklocations: Bostontime type: Full timeposted on: Posted Todayjob requisition id: R08138## **What We Need:**Financial Underwriting is instrumental to securing the financial wellbeing of insurance companies. At Blue Cross Blue Shield of Massachusetts, Underwriters are valued partners in contributing to the organization's success by influencing business segments such as Marketing, Product Portfolio, Infrastructure Planning and Network Planning. The Stop Loss Underwriter II will underwrite accounts of a variety of Stop Loss programs for self-funded accounts.This role is eligible for our Flex Persona.**Your Day to Day**Responsible for the accurate and timely calculation of New Business and Renewal quotations. Maintain adherence to Underwriting Guidelines and responsible for approval of exceptions. Prepare complete underwriting analyses for New Business prospects and renewals. Maintain consistent high level of service to our sales representatives and clients with respect to renewal and proposal timeliness and accuracy.**We're Looking for:*** Utilize Underwriting/Actuarial models to develop quotations and associated renewals, project future account performance, and propose alternative programs and/or financial arrangements when necessary.* Leverage working knowledge of account specific rating strategies including lasering, aggregating specific and other creative underwriting approaches to minimize adverse selection.* Make independent decisions consistent with stated UW guidelines and represent the financial needs of the Corporation at meetings with accounts and brokers/consultants.* Will be expected to partner directly with Sales Staff, and/or their Consultant(s) in a consultative capacity as needed.* Required strong oral and written communication skills to explain difficult technical concepts to clients, consultants, and sales staff.* Required working knowledge of health benefit programs and financial arrangements from both a risk and cash flow aspect.**What You Bring:*** Demonstrates strong initiative.* Has an analytic thought process with ability to work in a fast-paced environment.* Demonstrates an interest in professional development.* Employs functional and technical skills when performing all assignments.* Can apply changes to previously learned processes or adopt new ones.* Develops cooperative relationships with leaders and peers.* Recognizes and changes daily priorities to perform work routine and accomplish activities.* Proficiency in Excel and Word, and ability to learn new software/tools.* Creative problem-solving ability is required.* Minimum of three (3) years underwriting or related experience is required.* Stop-Loss Insurance experience is desired.**What You'll Gain:*** A collaborative department with a strong leadership team who embodies a growth mindset and authentically leads Blue Cross Blue Shield of Massachusetts in maintaining financial stability and balancing membership and affordability across all market segments.* Flexibility and work/life balance with the Blue Cross Blue Shield of Massachusetts hybrid work model.* A mission-driven organization with strong company values that provides comprehensive, holistic well-being benefits.It is our mission at Blue Cross Blue Shield of Massachusetts to foster a culture that enables associates to do their best work while living happy and healthy lives. That's why we offer you a variety of ways to support your best physical, emotional, financial, and social well-being. For more information on our benefit offerings, visit## Minimum Education Requirements:High school degree or equivalent required unless otherwise noted above## LocationBoston## Time TypeFull time Salary Range: $74,790.00 - $91,410.00 The job posting range is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee's pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs and affordability.This job is also eligible for variable pay.We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and a suite of well-being benefits to eligible employees.Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.We understand that the and can prevent amazing candidates coming our way, so please don't hesitate to apply. We'd love to hear from you. You might be just what we need for this role or possibly another one at Blue Cross Blue Shield of MA. The more voices we have represented and amplified in our business, the more we will all thrive, contribute, and be brilliant. We encourage you to bring us your true colors, , your perspectives, and your experiences. It's in our differences that we will remain relentless in our pursuit to transform healthcare for ALL.As an employer, we are committed to investing in your development and providing the necessary resources to enable your success. Learn how we are dedicated to creating an inclusive and rewarding workplace that promotes excellence and provides opportunities for employees to forge their unique career path by visiting our page. If this sounds like something you'd like to be a part of, we'd love to hear from you. You can also join our to stay “in the know” on all things Blue.At Blue Cross Blue Shield of Massachusetts, we believe in wellness and that work/life balance is a key part of associate wellbeing. For more information on how we work and support that work/life balance visit our "" Page.Voted as the highest in member satisfaction among Massachusetts commercial health plans by JD Power, Blue Cross Blue Shield of Massachusetts is a community-focused, tax-paying, not-for-profit health plan headquartered in Boston. We have been a market leader for over 75 years, and are consistently ranked among the nation's best health plans. Our daily efforts are dedicated to effectively serving our 2.8 million members, and consistently offering security, stability, and peace of mind to both our members and associates.## **Our Commitment to You**We are committed to investing in your development and providing the necessary resources to enable your success. We are dedicated to creating a refreshing and rewarding workplace that promotes excellence and provides opportunities for employees to forge their unique career path. We take pride in our diverse, community-centric, wellness-focused culture and believe every member of our team deserves to enjoy a positive work-life balance.Blue Cross Blue Shield of Massachusetts is an Equal Employment Employer - veterans/disability. Applicants are considered for all positions without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, gender identity or expression, or any other characteristics protected by law.Blue Cross Blue Shield of Massachusetts will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential
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$74.8k-91.4k yearly 5d ago
Senior Energy Underwriter - Data-Driven & Strategic
Liberty Mutual Insurance 4.5
Boston, MA jobs
A leading insurance company in Boston is seeking an Executive Underwriter to independently underwrite energy accounts, primarily within the oil & gas sector. The successful candidate will manage broker portfolios, assess technical exposures, and mentor junior underwriters. With a strong focus on analytical skills and communication, this role provides the opportunity to contribute significantly to the company's success. Ideal candidates should have at least 7 years of experience in underwriting and a degree in business.
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$87k-118k yearly est. 4d ago
Ocean Marine Underwriting Director - Growth & Strategy
CNA 4.6
Melville, NY jobs
A leading insurance company is seeking an Underwriting Director to lead the Ocean Marine Northeast underwriting group. This role involves managing staff, developing business strategies, and maintaining broker relationships. Candidates should possess a minimum of ten years' underwriting experience and an MBA. This hybrid position is based in Melville, NY, offering a competitive salary range of $97,000 to $189,000 annually and a comprehensive benefits package.
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$97k-189k yearly 1d ago
Personal Lines Underwriter
Burns & Wilcox 4.6
Boston, MA jobs
When someone needs coverage for the unique, the unusual, or the unconventional, they come to Burns & Wilcox. Burns & Wilcox offers unparalleled resources and exposure for those looking to excel in the specialty insurance industry. Interested? Join our team!
Responsibilities
Build, maintain, and grow a book of business
Manage agency relationships and serve as lead client contact
Create and execute marketing plan to increase new and renewal business
Rate, quote and bind each risk to determine acceptability, coverage, and pricing for large or complex renewals as well as new business
Develop and submit underwriting referrals to company brokerage facilities and Burns & Wilcox management
Monitor key metrics to formulate corrective action impacting new business hit, renewal retention, premium growth, and loss ratio
Lead, train, and develop Assistant and Associate Underwriters
Qualifications
Bachelor's degree or equivalent combination of education and experience
Minimum 3 years of Personal lines underwriting experience required, excess & surplus experience preferred
Demonstrated proficiency in sales and marketing
Proven organization skills and ability with a strong attention to detail
Interest in continued education and professional development
Insurance license, CPCU, CIC or comparable designations preferred
Compensation Package
Base compensation for the position ranges between $105,000 to $120,000 based on qualifications. The role will also be eligible for a sales incentive performance bonus.
Flexible, hybrid & remote options
Health benefits & 401K with employer match
Employer paid continuing education courses and designations
Many opportunities for career advancement
About our Company
Burns & Wilcox, the flagship organization of H.W. Kaufman Group, is North America's leading wholesale insurance broker and underwriting manager. Burns & Wilcox offers wide ranging and comprehensive solutions to serve retail insurance brokers and agents of all sizes, from the large houses to the more than 30,000 independent brokers and agents worldwide. Fueled by its freedom from Wall Street and private equity, Burns & Wilcox is a privately owned company whose standards of service, depth of market relationships and outstanding talent are unsurpassed in the specialty insurance sector.
Equal Opportunity Employer
The H.W. Kaufman Group of companies is an equal opportunity employer. All employment decisions are based on business needs, job requirements and individual qualifications, without regard to race, color, religion, gender, gender identity, age, national origin, disability, veteran status, marital status, sexual orientation, genetic information or any other status or condition protected by the laws or regulations in the locations where we operate.
$105k-120k yearly 2d ago
Commercial Lines Underwriter
Burns & Wilcox 4.6
New York, NY jobs
When someone needs coverage for the unique, the unusual, or the unconventional, they come to Burns & Wilcox. Burns & Wilcox offers unparalleled resources and exposure for those looking to excel in the specialty insurance industry. Interested? Join our team!
Responsibilities
Build, maintain, and grow a book of business
Manage agency relationships and serve as lead client contact
Create and execute marketing plan to increase new and renewal business
Rate, quote and bind each risk to determine acceptability, coverage, and pricing for large or complex renewals as well as new business
Develop and submit underwriting referrals to company brokerage facilities and Burns & Wilcox management
Monitor key metrics to formulate corrective action impacting new business hit, renewal retention, premium growth, and loss ratio
Lead, train, and develop Assistant and Associate Underwriters
Qualifications
Bachelor's degree or equivalent combination of education and experience
Minimum 3 years of commercial lines underwriting experience required, excess & surplus experience preferred
Demonstrated proficiency in sales and marketing
Proven organization skills and ability with a strong attention to detail
Interest in continued education and professional development
Insurance license, CPCU, CIC or comparable designations preferred
Compensation Package
Base compensation for position ranges between $105,000 to $130,000 based on qualifications
Flexible, hybrid & remote options
Health benefits & 401K with employer match
Employer paid continuing education courses and designations
Many opportunities for career advancement
About our Company
Burns & Wilcox, the flagship organization of H.W. Kaufman Group, is North America's leading wholesale insurance broker and underwriting manager. Burns & Wilcox offers wide ranging and comprehensive solutions to serve retail insurance brokers and agents of all sizes, from the large houses to the more than 30,000 independent brokers and agents worldwide. Fueled by its freedom from Wall Street and private equity, Burns & Wilcox is a privately owned company whose standards of service, depth of market relationships and outstanding talent are unsurpassed in the specialty insurance sector.
Equal Opportunity Employer
The H.W. Kaufman Group of companies is an equal opportunity employer. All employment decisions are based on business needs, job requirements and individual qualifications, without regard to race, color, religion, gender, gender identity, age, national origin, disability, veteran status, marital status, sexual orientation, genetic information or any other status or condition protected by the laws or regulations in the locations where we operate.
A leading insurance organization located in Boston seeks an experienced Inland Marine Underwriter to manage a diversified portfolio with a focus on Builder's Risk. The role involves underwriting complex policies and collaborating with brokers and risk engineers to maximize profitability and growth. Ideal candidates should have 5+ years of relevant experience, strong analytical and communication skills, along with a Bachelor's degree in a related field. This role offers competitive compensation and comprehensive benefits.
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$84k-110k yearly est. 3d ago
Underwriter, Small Business
Chubb 4.3
Simsbury, CT jobs
Chubb is seeking a dynamic and results-oriented Underwriter to drive growth initiatives in the P&C New Business Underwriting team and manage large portfolio opportunities. This role requires leveraging Chubb's full suite of Property and Casualty products to craft tailored solutions for our clients, in a growing market opportunity. The ideal candidate will possess a strong commercial multi-line underwriting acumen and demonstrate exceptional problem-solving skills, with a focus on profitability and growth.
MAJOR DUTIES & RESPONSIBILITIES:
Underwriting responsibilities include: evaluating, accepting, rejecting, or modifying Small Business risks within established underwriting guidelines and authority utilizing Chubb's Small Business on-line platform.
Demonstrate strong underwriting quality and profitability through appropriate risk assessment and documentation
Takes ownership for an assigned territory and communicates underwriting decisions quickly and effectively with assigned agents.
Develop and maintain strategic relationships within the Chubb organization to enhance profitability and growth within the assigned territory
Identify and drive enterprise cross-sell opportunities utilizing Chubb's full product suite, to include Financial and Management lines, for assigned book.
Understands the unique needs of the small business owner and partners with agents to craft a specialized policy and sell Chubb's Small Business value proposition
Bachelor's degree or equivalent work experience
We are looking for an experienced candidate that is highly motivated to succeed, has strong desk management competencies and is results oriented.
Candidate must have a minimum of 1 - 3 years of multi-line underwriting experience within the Small Business space and possess knowledge of policy issuance and processing center workflows
Must possess a strong commercial multi-line underwriting acumen with the ability to handle and make rapid decisions on small business risks
Demonstrate tenacious problem solving skills and the ability to adapt to change as the company advances its strategic vision
Strong sales acumen, effective communication and creative marketing skills are critical; must be able to demonstrate success with managing tight time frames, high volumes of work, agency relationships and positioning Chubb's strengths within Small Business
Exhibit a strong entrepreneurial attitude needed to build a high performing territory
A strong track record of service orientation is required.
Knowledge and proficiency with technical issues, compliance, coverage, products and pricing strategies expected
Proficient in using the company's commercial rating and policy issuance systems and software programs (MS Word, Excel) needed to conduct daily business
Travel
$93k-128k yearly est. Auto-Apply 52d ago
Affinity Solutions Underwriter
Chubb 4.3
White House Station, NJ jobs
We are a unique global organization with a culture of individuals passionately committed to our respective crafts. With underwriting at our core, each of us contributes to providing the best insurance coverage and service to our clients. Working together, we are one Chubb. Our highly collaborative, inclusive nature helps us drive better business outcomes through diversity of background, experiences, insights and values. We approach problems with a can-do attitude and are committed to developing deep relationships - all while moving quickly to meet client needs.
A&H Affinity Solutions offers a portfolio of AD&D, supplemental health, MedGap, travel and specialty insurance products on blanket, voluntary and embedded basis. We offer Blanket and Voluntary products marketed to a) Employer groups and their Employees; b) Affinity groups such as associations, financial institutions, and other membership-based groups; and c) Direct Marketing through large distribution partnerships to accountholders of financial institutions and other membership-based groups.
We are seeking a highly skilled and experienced market facing Underwriter for Accident & Health Affinity. As an Underwriter, you will be responsible for reviewing and analyzing insurance proposals to determine the risks and to evaluate the potential of the policies, negotiate terms of the contract, and ensure underwriting policy compliance.
The Underwriter role is a technical position that will support existing business as well as growth initiatives for Affinity. A strong candidate will strive to be 90 days out on all renewals; document the underwriting file well; and contribute profitable production.
Job Responsibilities:
Drives growth, retention and profitability by utilization strategic actions to optimize a book of business
Review, assess and evaluate detailed information to determine insurability of applications for new and renewal business, reinstatements and changes to existing policies
Cultivates mutually beneficial internal and external relationships through effective communication and aligned business interest
Prepare executive level referrals including profit and loss proforma analysis, business rationale, regulatory considerations, and proposed operational structure
Proactively develop renewal strategies to maximize retention, drive organic growth and cross sell additional Affinity products
Negotiates rate and/or plan design enhancements that reaches a mutually acceptable agreement or resolution that satisfies the interests of all parties
Perform premium, risk and loss analysis
Collaborate effectively with other departments and stakeholders within the organization to ensure seamless and efficient operations of the underwriting function
Perform policy self-audits to ensure compliance with Chubb's underwriting guidelines.
Display creative problem solving and critical thinking in underwriting approach
Applicants will be evaluated based on their experience and skill set relative to the qualifications listed for this position.
Bachelor's degree or equivalent insurance industry experience
Minimum of 5 years of experience in underwriting in the Accident & Health
In-depth understanding of underwriting policies and procedures with experience in underwriting various classes of business
Excellent communication skills and strong ability to work collaboratively with a wide range of stakeholders (underwriters, claims, risk management, legal, compliance, etc.)
Strong ability to work in a fast-paced working environment.
Strong analytical, decision-making skills, with excellent attention to detail and ability to prioritize tasks
Understanding of regulatory and compliance requirements
The pay range for the role is $88,900 to $151,100. The specific offer will depend on an applicant's skills and other factors. 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.
$88.9k-151.1k yearly Auto-Apply 60d+ ago
Underwriter-NYC
Greater New York Mutual Insurance Company 4.3
New York, NY jobs
The Underwriter develops and fosters positive, professional relationships with the company's agency partners, as well as achieves company growth and profitability objectives. The underwriter is expected to exhibit a medium level of technical expertise, while exercising sound judgment, and delivering consistent results.
Essential Duties and Responsibilities:
Develops and maintain a strong working knowledge of company underwriting guidelines, coverage forms, enhancements, rating plans, and workflow
Determine the acceptability of commercial lines package and umbrella policies based on company underwriting guidelines
Uses underwriting information such as inspection reports, claims history, and commercial applications to make appropriate underwriting decision
Determine appropriate premium levels and coverages for commercial package and umbrella policies based on filed rates and individual risk characteristics
Responsible for maintaining strong business relationships with assigned agencies, which will include agency travel and agency management responsibilities
Meet or exceed all company service standards for underwriting and processing commercial lines applications, endorsements, renewal policies, and new business policies
Participates in special projects and performs additional duties as required.
Qualifications
Education and Experience:
Bachelors degree required.
Minimum of 4 years commercial multi-line and/or package underwriting experience required; Workers compensation and casualty experience preferred.
Excellent computer skills and working knowledge of Microsoft 365 required.
Completed or in process of completing a Professional Designation such as CPCU, CIC, ARM, AU preferred.
Experience with ImageRight preferred.
Skills:
Excellent interpersonal, verbal and written communication skills required.
Strong organizational and time management skills required.
Proficient negotiation and analytical skills required.
Demonstrated ability to exhibit sound judgment and decision making as per company underwriting guidelines and philosophy.
The salary range for this role is $77,500 - $160,700. The listed annual salary range posted for this position is subject to change and may vary depending on performance, education, experience, skills, geographic location, travel requirements, demonstrated proficiency in the competencies required for the role and business needs. Base pay is just one component of GNY's total compensation package for employees. Other rewards include eligibility for an annual discretionary bonus based on performance.
$77.5k-160.7k yearly 1d ago
Casualty Underwriter
MSIG Holdings 4.1
New York, NY jobs
MSIG USA continues to grow!
MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world's top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business's unique risks.
Responsible for underwriting profitable Commercial Lines business within assigned territory in accordance with Corporate goals.
Essential Functions:
Selects and underwrites complex Commercial Lines risks within delegated underwriting authority. Applies appropriate pricing techniques according to company filings and state/bureau conformance.
Monitors underwriting results and premium and loss trends within assigned book of business.
Develops and executes formal written agency plans with all assigned agents in territory.
Establishes and executes effective and efficient producer and client visits (with appropriate business units - Risk Engineering, Claims and Marketing Representatives) in order to maintain and increase new business.
Coordinates with inter-company departments as well as producers, insureds and Marketing Representatives to ensure appropriate high level account management standards are maintained.
Enhances technical expertise in the area of Commercial Lines underwriting including assisting in Underwriting Manager in the training and development of Department staff.
Education and Experience Required:
Diploma/Degree & Experience
Bachelor's degree required
1-2 years of related casualty underwriting background required.
Existing producer relationships preferred.
Must have demonstrated negotiation and production skills.
Excellent verbal and written communication skills
Salary: The base pay range is $125,000.00 - 150,000.00. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location.
It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!
It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG USA will provide reasonable accommodations for qualified individuals with disabilities.
$125k-150k yearly 60d+ ago
Underwriter
Chubb 4.3
Boston, MA jobs
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.
Details of this critical opening follow:
Business Development & Broker Management - Utilize and develop personal and business relationships with P&C brokers and producers to produce new account opportunities for Chubb Multinational.
Broker/Territory Management - Execute on the sales and marketing plan for assigned territory or broker, ensuring that monthly broker calls and stewardship meetings are planned, scheduled and administered in an effective fashion in order to drive new business and retain existing accounts.
Account Targeting - Harvest personal knowledge of sales territory and broker-controlled business as well as existing and historic Chubb business relationships to develop and refine a long-term prospecting and short-term target list of new business opportunities.
Quote to Win - Review new business submissions to understand the nature of the international casualty risk as wells as the incumbent's current offering - utilize this analysis to produce and deliver winning quotes.
Service Brokers and Clients to Grow - Work with brokers and clients to understand and respond to evolving client needs driven by international market expansion and acquisition or through changes in geographic footprint and program structure.
Understand and Manage Risk - Embrace the challenge of producing and underwriting profitable new business opportunities. Nature of operations, deal structure, quality of information, an understanding of U.S. and local country requirements, and Chubb's industry-leading multinational capabilities are all key to putting the right business on the books and growing profitably over time.
Major Duties and Responsibilities
Duties may include but are not limited to:
Solicits new and renewal submissions from brokers
Determines terms and conditions and complex rating plans
Binds coverage
Documents the underwriting files
Handles more complex files and portfolios within underwriting authority
Guides and mentors junior staff
Qualifications - External
Minimum Requirements
Knowledge of insurance industry
Knowledge of underwriting concepts, practices, and procedures
Bachelors' degree
3+ years of Underwriting experience
Desired Qualifications
Knowledge of Controlled Master Programs and international casualty underwriting principles highly desirable
Sales experience preferred but not required
Outstanding Interpersonal Skills. Ability to establish trust and effective working relationships with team, field marketing and customer
Superior communication (oral and written), interpersonal and negotiating skills
Great technology skills (Microsoft Word, Excel, Outlook) and internet marketing skills are a plus
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.
$107k-147k yearly est. Auto-Apply 60d+ ago
Underwriter, Marine
Chubb 4.3
Boston, MA jobs
The Marine Underwriter will be responsible for a renewal book of $3M - $4M and a new business goal of approximately $1M-$2M annually. The position will be responsible for driving profitable growth with Northeast region agents and brokers. Ideally, this Underwriter will underwrite ocean cargo, builder's risk, civil construction projects, fine arts, contractors equipment, motor truck cargo, transit, installation floaters, equipment dealers, and other marine coverages. This position will collaborate within a large team of commercial underwriters, operations, claims, marketing, and Home Office management as necessary. We are looking for a candidate who is highly motivated, results oriented with solid business and underwriting acumen.
Knowledge, Skills, and Abilities Required:
Focused knowledge and experience in inland marine or ocean cargo. Experience underwriting both coverages is a plus.
Underwriting duties will include developing and negotiating price, coverage, terms and conditions for all new business and renewals while actively identifying account rounding opportunities for other Chubb practices.
This position must collaborate with other underwriters, operations, claims, marketing, and home office management as necessary. The underwriter must implement and manage effective pricing and rate strategies that will produce profitability, book growth, and successful producer relations.
Strong sales and marketing skills are critical; must be able to demonstrate successful agency and broker management, including building, maintaining, and managing producer and customer relationships.
Ability to identify opportunities for growth within new and existing production sources.
Knowledge of marketing principles, pricing/rate strategies and how to apply them to attain underwriting profit.
Candidate must possess a high degree of proficiency with the underwriting process, with a solid background in risk analysis.
Candidate must have ability to effectively interact with all levels of customers and collaborate with a team of underwriters, claims and loss control personnel.
Knowledge and proficiency with technical issues, compliance, coverage, products, and pricing strategies expected.
2+ years of experience in inland marine
Must have proven marketing and negotiation skills
Strong communication, interpersonal and time management skills
$107k-147k yearly est. Auto-Apply 60d+ ago
Underwriter, Marine
Chubb 4.3
Boston, MA jobs
The Marine Underwriter will be responsible for a renewal book of $3M - $4M and a new business goal of approximately $1M-$2M annually. The position will be responsible for driving profitable growth with Northeast region agents and brokers. Ideally, this Underwriter will underwrite ocean cargo, builder's risk, civil construction projects, fine arts, contractors equipment, motor truck cargo, transit, installation floaters, equipment dealers, and other marine coverages. This position will collaborate within a large team of commercial underwriters, operations, claims, marketing, and Home Office management as necessary. We are looking for a candidate who is highly motivated, results oriented with solid business and underwriting acumen.
Knowledge, Skills, and Abilities Required:
Focused knowledge and experience in inland marine or ocean cargo. Experience underwriting both coverages is a plus.
Underwriting duties will include developing and negotiating price, coverage, terms and conditions for all new business and renewals while actively identifying account rounding opportunities for other Chubb practices.
This position must collaborate with other underwriters, operations, claims, marketing, and home office management as necessary. The underwriter must implement and manage effective pricing and rate strategies that will produce profitability, book growth, and successful producer relations.
Strong sales and marketing skills are critical; must be able to demonstrate successful agency and broker management, including building, maintaining, and managing producer and customer relationships.
Ability to identify opportunities for growth within new and existing production sources.
Knowledge of marketing principles, pricing/rate strategies and how to apply them to attain underwriting profit.
Candidate must possess a high degree of proficiency with the underwriting process, with a solid background in risk analysis.
Candidate must have ability to effectively interact with all levels of customers and collaborate with a team of underwriters, claims and loss control personnel.
Knowledge and proficiency with technical issues, compliance, coverage, products, and pricing strategies expected.
Qualifications
2+ years of experience in inland marine
Must have proven marketing and negotiation skills
Strong communication, interpersonal and time management skills
The pay range for the role is $85,000 to $130,000. The specific offer will depend on an applicant's skills and other factors. 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.
$85k-130k yearly Auto-Apply 60d+ ago
Lower Middle Market Underwriter
Chubb 4.3
New Haven, CT jobs
The Lower Middle Market (“LMM”) New Business Underwriter is a field-underwriting role fully dedicated to new revenue generation for multiline accounts. The individual is accountable for reviewing, triaging, underwriting, and quoting submissions and securing binds to achieve his/her individual production goal while adhering to Chubb standards of underwriting and compliance.
The ideal candidate will possess strong underwriting skills, exceptional communication abilities, strong organizational skills, and the capacity to build and maintain impactful relationships. In this role, you will effectively manage agent relationships and collaborate with internal partners in Field Underwriting, Distribution, and Operations to ensure seamless processes and superior service delivery. The preferred candidate has experience in Commercial Lines Property & Casualty underwriting and has demonstrated the ability to drive profitable new business revenue while adhering to audit and compliance requirements.
Responsibilities:
Multiline underwriting including Package, Umbrella, Workers Compensation, Auto, and ancillary lines while ensuring adherence to our established underwriting strategy and authority, as well as following a referral process to maintain compliance and audit standards
Cross-sell additional lines of business to maximize revenue per account, including P&C, Multinational, Financial Lines, Cyber, Accident & Health, and other relevant products
Work closely with local Business Development Managers to identify opportunities for growth and production enhancement within assigned agencies
Establish and maintain strong working relationships with assigned agents to drive profitable growth
Disciplined desk management, including production planning and forecasting for assigned book of business
Bachelor's degree or equivalent experience
Minimum 2-4 years commercial lines underwriting experience
Package underwriting experience
Proven ability to use technical analysis and underwriting skills to profitably grow new business revenue
Strong interpersonal, communication, and negotiation skills
Demonstrated record of teamwork and integrity
Strong organizational and time management skills
Desire to work in a dynamic, fast-paced environment
$93k-129k yearly est. Auto-Apply 60d+ ago
Portfolio Underwriter
Hartford Steam Boiler Inspection and Insurance Company 4.5
Hartford, CT jobs
**Company** HSB , United States A Portfolio Risk Solutions (PRS) Underwriter has responsibility to manage, monitor, expand, and optimize HSB's portfolio products for assigned Client Companies, with a focus on achieving Profit and Growth targets. This role supports a key strategic initiative, to profitably grow our business acting as a catalyst to new product implementations and performance management of existing client companies.
The PRS Underwriter is responsible to become the thought leader with Clients, bringing innovative solutions utilizing HSB's vast resources of data, products & services. Working to tactically deploy HSB's capabilities to optimize and enhance our client partnerships.
Working closely with Product Managers and with general oversight from the Underwriting Lead, the PRS Underwriter will deploy creative approaches for data analysis (including but not limited to diagnostic and predictive analytics) to understand and optimize product performance. These analytical approaches are used to design surgical strategies for corrective action to ensure rate adequacy, appropriate price segmentation & detection of leading loss trends. This includes analyzing claims, engineering, expenses, exposure data/profile shifts, pure premium trends & 3rd party exposure data.
The PRS Underwriter is responsible for delivering powerful client presentations (externally) to communicate financial results, data analysis, rate analysis & emerging loss trends. The PRS Underwriter is the technical expert for both our Client and Client Integration Team.
A PRS Underwriter has underwriting binding authority to independently make underwriting decisions that drive their assigned portfolio's financial results, subsequently impacting the business' P&L.
The PRS Underwriter has product knowledge for all HSB PRS products with a focus on supporting the products, services and enhancements for each product. This is accomplished by striving to achieve a deep understanding of coverage and communicating the value of our products to existing clients and prospective clients.
Education and Experience:
+ Bachelors or equivalent work experience is required
+ 5+ years of P&C insurance/reinsurance experience is required;
+ 3+ years in underwriting preferred
+ Demonstrated understanding of commercial and personal lines insurance and reinsurance coverage, concepts, principles, exposures and processes to drive profitable results
+ Demonstrated ability to translate large data analysis into actionable decisions
+ Demonstrated understanding of rate development (pure premium), price segmentation & detecting leading loss trends
+ Past experience with responsibility for achieving profit and growth targets for a book a business
+ Demonstrated experience with negotiation and conflict resolution
+ Exhibited ability to develop creative and unique solutions
+ HSB Product knowledge and Previous Experience and familiarity with HSB is desired
Knowledge and Skills:
+ Financial Statement (Business Finance) knowledge and analysis
+ General insurance/reinsurance industry knowledge
+ Presentation Skills
+ Strong interpersonal, written and verbal communication skills
+ Portfolio analysis
+ HSB Product knowledge
+ Organization and time management skills
+ Consultative and Strategic negotiation skills
+ Strong project management skills to manage multiple concurrent projects and issues.
+ PC skills (Excel, PowerPoint, Power BI, and Word)
+ Detail Oriented
+ Action oriented with strong analytical, Actuarial skills, Statistical analysis, innovation and persuasion skills to influence change.
+ Naturally curious and inquisitive to identify issues and solve problems. Resourceful in order to research issues, assemble support, and recommend creative solutions to underwriting issues.
At The Hartford Steam Boiler, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.
We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. The work environment characteristics, and any physical and mental requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.
$75k-111k yearly est. 60d+ ago
Surety Underwriter II (New York City or East Brunswick NJ)
Philadelphia Insurance Companies 4.8
East Brunswick, NJ jobs
Marketing Statement:
Philadelphia Insurance Companies, a member of the Tokio Marine Group, designs, markets and underwrites commercial property/casualty and professional liability insurance products for select industries. We have been in operation since 1962 and are nationally recognized as a member of Ward's Top 50 and rated A++ by A.M.Best.
We are looking for a Sr. Surety Underwriter to join our team in either of our New York City or East Brunswick, NJ offices!
Summary:
Under limited direction and supervision, underwrites and markets assigned
products by providing high levels of risk assessment and technical underwriting expertise to determine underwriting acceptability. May provide high level of
financial analysis to determine credit quality.
A typical day will include the following:
Participates in the producer management process which may include, but is not limited to, premium collections.
Prepares underwriting submissions, making recommendations and/or
decisions within established authority limits. Minimum authority is $1,000,000 (Surety).
Prepares and participates in marketing activities within the region to promote the development of new business.
Gathers and analyzing information, applies appropriate underwriting techniques necessary to make an accurate evaluation of acceptability of risk. May evaluate credit quality.
Prepares and participates in proposals to producers and/or accounts
negotiating terms and conditions.
May ensure credit quality of accounts managed while maintaining and updating underwriting files.
Qualifications
Bachelor's Degree
At least three years of commercial surety underwriting experience preferably with a carrier.
AFSB designation preferred.
The ability to manage multiple priorities, generate new business and be detail oriented.
EEO Statement:
Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, sexual orientation and/or any other status protected by law.
Benefits:
We offer a comprehensive benefit package, which includes tuition reimbursement and a generous 401K match. Our rich history of outstanding results and growth allow us to focus our business plan on continued growth, new products, people development and internal career opportunities. If you enjoy working in a fast paced work environment with growth potential please apply online.
Additional information on Volunteer Benefits, Paid Vacation, Medical Benefits, Educational Incentives, Family Friendly Benefits and Investment Incentives can be found at *****************************************
$65k-104k yearly est. Auto-Apply 5d ago
Underwriter, Albany
Jimcor Agency 3.3
Underwriter job at Jimcor Agencies
This position is involved in the review and appraisal of applications for insurance placement . Uses knowledge and independent judgment to determine eligibility of risks when compared to guidelines of programs available. Interacts with Companies and Brokers via telephone, e-mail, regular mail and personal contact.
Essential Duties and Responsibilities:
Reviews applications for insurance coverage, reports from loss control consultants and other information to determine if application is acceptable for the program(s) available.
Evaluate the experience of a risk against the class of business under review.
Evaluate the loss potential due to catastrophe, severity, and/or frequency.
May rate policies or check previously rated policies for proper rating.
Utilizes knowledge of automated systems to develop information for new or renewal policies.
Prepares quotations for agents and answers questions from agents, policyholder, or prospects.
Assists agents with comments or questions about applications and the likelihood of acceptance by the company.
Reviews requests for cancellation, endorsements, etc.
Reviews policies for renewal consideration.
Request additional documentation necessary for the processing of an application, endorsement or cancellation.
Conduct marketing visits to agents.
Performs other duties as assigned.
Qualifications/Requirements:
Must have Producer's License.
3 plus years of insurance experience.
Prior exposure to insurance underwriting type activities.
Basic familiarity with computers.
Good oral and written communications skills.
Strong analytical skills and the ability to pay attention to details.
Resourceful and controlled assertive behavior characteristics.
Must have demonstrated negotiation skills
Technical knowledge of insurance coverage forms and their application to exposure.
Knowledge of departmental regulations and policies.
Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines and standard accepted underwriting practices.
Strong interpersonal skills working with Staff and Company Underwriters
Experience in standard underwriting practices and procedures.
Associated classes or courses and/or industry license, or designation.
We offer a total compensation package which includes salary (range 65k-85k) plus a full comprehensive benefits package. Package includes Paid Time Off Days, Paid Holidays, Hybrid Work Schedule, Retirement Plan with Employer Match, 100% Single Employer Paid Medical, Dental, Vision, Life Insurance, Education Assistance, Various Voluntary Benefits, Wellness Program Including Mental Health Support and an Employee Assistance Program (EAP) and More.
Visit Us On LinkedIn: *************************************************
View All Openings: ************************************
Website: **************
$87k-129k yearly est. Auto-Apply 60d+ ago
Underwriter, Excess Casualty - National Accounts
Chubb 4.3
Philadelphia, PA jobs
Contribute to the achievement of the Excess Casualty segment business plan. The Underwriter is responsible for production, underwriting and maintenance of new and renewal umbrella and excess casualty accounts within a defined territory. In addition, the Underwriter is responsible for establishing and cultivating business relationships with brokers and clients within the Mid-Atlantic and Southeast region to assure the continued flow of new business opportunities while representing the Excess Casualty segment.
The 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. Ability to understand credit risk.
Actuarial fundamentals. Ability to understand loss trends, loss triangles, 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.
Ability to adhere to Chubb standards on pricing and servicing.
Solicit new and renewal submissions from brokers
Determine terms and conditions
Document the underwriting files
Handle more complex files and portfolios within underwriting authority
Attend broker/client meeting
Duties may include but are not limited to:
Solicit new and renewal submissions from brokers
Determine terms and conditions
Document the underwriting files
Handle more complex files and portfolios within underwriting authority
Attend broker/client meeting
Knowledge of insurance industry, underwriting concepts, practices, and procedures
Microsoft Word, Excel, and Outlook
Internet usage
Oral and written communication skills
Negotiation and marketing skills
Ability to thrive in a fast-paced, deadline-driven environment
Ability to self-manage, organize, and prioritize work with limited direction