Marine underwriter job description

Zurich is currently seeking a Senior Ocean Marine Underwriter for our office in New York. We also have the option to hire this Underwriter in Boston, Philadelphia, New Jersey, or Connecticut.

This role will be filled at either the Senior Underwrite (III) or AVP, Senior Underwrite (IV) level. The hiring manager will determine the appropriate level based upon the selected applicant's experience and skill set relative to the qualifications listed for this position

As a Senior Ocean Marine Underwriter you will have the chance to use your market facing and analytical skills to analyze and underwrite new and renewal ocean cargo, commercial hull or marine liability business, under limited direction, utilizing The Zurich Way of Underwriting Framework within delegated authority levels on assignments of moderate technical complexity ensuring a high level service to customers.
Some of the key accountabilities of this role include:
Administer and monitor underwriting rules and guidelines, rating manual rules, and insurance laws and regulations. Develop, maintain & collaborate with Line of Business representatives and other business related needs, as appropriate. Develop and maintain relationships with distributors (agents & brokers) in support of business retention and acquisition and works with customers and distributors (agents & brokers) to determine their insurance related needs and provide solutions. Support the organization's sales culture by being a Help Point for agents, brokers and customers. Proactively seek renewal and new account opportunities. Complete detailed opportunity assessment with key distributors to identify growth opportunities. Qualify accounts to meet with the organization's appetite, balanced with sound business opportunity. Make broker/customer and on-sight calls with a planned and well-prepared purpose. Cross-Sell other lines of business to increase the organization's product density with the account.
Senior Underwriter Level (III) Basic Qualifications:
High School Diploma or Equivalent and 5 or more years of experience in Underwriting or Market Facing area or Brokerage
OR High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support area
OR Zurich Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area
OR Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area
AND Knowledge of Microsoft Office Experience working on time restraints for quotes on new and renewal business Experience working in a team environment
AVP, Senior Underwriter (IV) Basic Qualifications:
High School Diploma or Equivalent and 7 or more years of experience in the Underwriting or Brokerage or Market Facing area or Brokerage
OR High School Diploma or Equivalent and 14 or more years of experience in the Claims or Underwriting Support area
OR Zurich Certified Insurance Apprentice including an Associate Degree and 5 or more years of experience in the Underwriting or Market Facing area
OR Zurich Certified Insurance Apprentice including an Associate Degree and 12 or more years of experience in the Claims or Underwriting Support area
Preferred Qualifications Level III & IV:
Bachelor's Degree Knowledge of Ocean Cargo underwriting Strong negotiation skills Strong verbal and written communication skills Strong relationship building, active listening, needs analysis, and win-win negotiating skills Demonstrates presentation skills and a solutions and service orientation Knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines
As a condition of employment at Zurich, employees must adhere to our COVID-related health and safety protocols ( ), including, without limitation, a requirement that employees attest as to their vaccination status with a YES/NO, and upload proof of vaccination status, or negative COVID test results when allowable, to a third-party vendor. These are continuously re-evaluated and the requirements may change at any time.

A future with Zurich. What can go right when you apply at Zurich?

Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500 . Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please click here to learn more.

As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers' expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vet

Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.

Location(s): AM - New York, AM - Philadelphia, AM - Boston, AM - New Jersey Virtual Office, AM - Connecticut Virtual Office
Remote Working: Yes
Schedule: Full Time

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Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group, a Fortune 500 company. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty property and casualty operations, there are always opportunities here to learn and grow.

At Great American, we value the unique perspective each of our employees bring to the workplace. We know that when people with different cultures, backgrounds and experiences work collaboratively, we can exceed our business objectives. We are dedicated to attracting, developing and retaining a diverse workforce that fosters creativity and enables our ongoing success.

The Property and Inland Marine Division (P&IM) writes policies in all 50 states and has more than 2,000 independent agents offering our coverages. Our broad range of products include Property, Builders' Risk, Contractor's Equipment, Excess Property, Cargo, Electronic Data Processing (EDP), and Difference in Conditions (DIC). Great American Insurance is one of the top 20 largest commercial inland marine insurers in the United States. Our mission is to be the leading provider of risk management solutions using Property & Inland Marine insurance and related products and services. In achieving this purpose, we expect our customers, employees, owners, and communities to prosper.

The P&IM Division is currently searching for an Associate Underwriter for our Resource Group, based in Cincinnati, Ohio. The Resource Group services all of Property & Inland Marine's field offices by providing a variety of underwriting support. Support may vary in length, complexity and tasks. Therefore flexibility is required. The right candidate will excel at developing strong relationships with internal customers, have strong communication skills, strong excel skills and the ability to manage their workload independently.
Essential Job Functions and Responsibilities

* Applies rules and guidelines, insurance laws, and regulations. Reviews, documents, and/or underwrites new and renewal policy transactions within written authority.
* May enter policy information on an assigned product, territory and / or agency in accordance with template rules.
* Proofs / audits policy information on an assigned product, territory and/or agency(ies).
* Reviews premium and loss data on an individual account as part of renewal underwriting, change underwriting, or mid-term underwriting.

* Reviews insurance applications and other risk documentation. Reviews underwriting requirements and refers applications, endorsement requests, or other correspondence for further underwriting analysis when outside of written authority.
* Gathers information on new and renewal business and change requests to support underwriter decision making.
* Investigates discrepancies in the information gathered.

* Orders, reviews, and takes appropriate action on required reports, endorsement requests, service requests, and general correspondence.
* Analyzes individual risk pricing for new business submissions and renewals within written authority.
* Monitors entry / processing to ensure data integrity and to avoid potential systemic issues.
* Communicates with agents, brokers and customers to obtain information needed to underwrite risks and address issues. Researches and responds to questions from agents.
* May provide support to underwriter(s).
* Organizes the underwriting information to speed decision making on the part of the underwriter.
* May include "template" policy review and actions such as endorsement within assigned authority level.

* Provides information to Rating and to Processing that is needed to issue policies and endorsements on a timely basis. May issue, process or code transactions.
* Performs other duties as assigned.

Job Requirements

Education: Associate Degree or equivalent experience.

Field of Study: Business, Liberal Arts or a related discipline

Experience: 0 to 3 years of related experience.

Business Unit:

Property Inland Marine

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.

Chubb is currently seeking a skilled Marine Underwriter to join its Middle Market Commercial Insurance practice in the Northeast Region, consisting of branches in Boston, New Haven, and Rochester, NY.

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:

•3+ years of experience in Inland Marine or Ocean Cargo.

•Must have proven marketing and negotiation skill

•Strong communication, interpersonal and time management skill

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.