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Ace American Insurance

Underwriter

Ace American Insurance, Philadelphia, Pennsylvania, 19117


Underwriter - 15066 DESCRIPTION/RESPONSIBILITIES: JOB DESCRIPTION Responsibilities The Underwriter will: Handle day-to-day servicing for a book of large, complex, loss-sensitive accounts. Underwriting Fortune 100 companies with annual premium in excess of $1 million minimum. Be responsible for growth and retention of assigned book. Negotiate the annual pricing, terms and conditions on renewal business. Work on new business opportunities with key brokerage houses in the Mid Atlantic Region, design and propose appropriate program structures and pricing for said opportunities. Maintain and develop relationships with their brokers and clients. Develop a pipeline with our major trading partners, as well as engaging other business units for cross-selling opportunities. Engage with National Brokers. Learn in a fast-paced, dynamic environment. Qualifications: Bachelor's degree. Must have a minimum of two years of underwriting experience. Proficiency in Microsoft Office Suite. Presentation and public speaking skills. Strong negotiations skills. Local broker and insurance marketplace relationships. Knowledge and understanding of current insurance marketplace conditions. Understanding and adherence to organizational and regulatory rules, and ability to adhere to underwriting authority. Understanding of Workers Compensation, General Liability, and Auto Liability Insurance coverage, terms and conditions included but not limited to ISO AL & GL and NCCI Workers Compensation coverage forms and endorsements. Understanding of large deductible programs and the credit and collateral implications of such programs. Ability to identify risk exposures, special or common hazards, and appropriate controls. Ability to select risk based on exposure and hazard analysis. Ability to analyze claims and loss trends. 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.