Chubb
Underwriter, Multinational
Chubb, Boston, Massachusetts, us, 02298
Job Description
Underwriter - CI Multinational
Description
Chubb, the U.S.-based retail operating division of the Chubb Limited, offers more than 170 sophisticated property, casualty, risk-management, and accident and health products and services through retail brokers.
Chubb is the world's leading global commercial property and casualty insurance and reinsurance organizations, with more than 19,000 employees worldwide and offices in more than 50 countries.
Chubb serves the property and casualty insurance needs of businesses of all sizes in a broad range of industries. We also provide specialized insurance products-such as personal accident, supplemental health and life insurance-to individuals in select countries. Our reinsurance operations include both property and casualty and life companies.
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 the Commercial Insurance Multinational division of Chubb.Territory Management - Execute on the sales and marketing plan for assigned territory, ensuring that monthly broker calls are scheduled and administered in an effective fashion in order to drive new business and retain existing accountsQuote to Win - Review new business submissions to understand the nature of the international exposures. Be knowledgeable about the incumbent's current offering as well as the offering of other markets. - utilize this analysis to produce and deliver winning quotesService 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 structureUnderstand 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 US 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 brokersDetermines terms and conditions and complex rating plansBinds coverageDocuments the underwriting filesHandles more complex files and portfolios within underwriting authorityMinimum Requirements
Knowledge of insurance industryKnowledge of underwriting concepts, practices, and proceduresBachelors' degree1-3 years of Underwriting experienceQualifications
Desired Qualifications
Knowledge of Controlled Master Programs and international casualty underwriting principles highly desirableWe are looking for extraverts that enjoy marketing and selling themselves and a great product to customersWe are looking for competitive people who want to winSales experience preferred but not requiredOutstanding Interpersonal Skills. Ability to establish trust and effective working relationships with team, field marketing and customerSuperior communication (oral and written), interpersonal and negotiating skillsGreat technology skills (Microsoft Word, Excel, Outlook) and internet marketing skills are a plus
Qualified candidates must possess a strong understanding of Property and Casualty insurance concepts and products as evidenced by successful experience in the Property and Casualty insurance area, analytical ability to be capable of judging the feasibility of underwriting risks within assigned areas, ability to function in a department which develops several million dollars in premium annually through handling a large volume of small premium accounts, and ability to meet or succeed transaction time standards set by the team manager by adhering to sound time management practices. International insurance experience is preferred.
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.
Underwriter - CI Multinational
Description
Chubb, the U.S.-based retail operating division of the Chubb Limited, offers more than 170 sophisticated property, casualty, risk-management, and accident and health products and services through retail brokers.
Chubb is the world's leading global commercial property and casualty insurance and reinsurance organizations, with more than 19,000 employees worldwide and offices in more than 50 countries.
Chubb serves the property and casualty insurance needs of businesses of all sizes in a broad range of industries. We also provide specialized insurance products-such as personal accident, supplemental health and life insurance-to individuals in select countries. Our reinsurance operations include both property and casualty and life companies.
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 the Commercial Insurance Multinational division of Chubb.Territory Management - Execute on the sales and marketing plan for assigned territory, ensuring that monthly broker calls are scheduled and administered in an effective fashion in order to drive new business and retain existing accountsQuote to Win - Review new business submissions to understand the nature of the international exposures. Be knowledgeable about the incumbent's current offering as well as the offering of other markets. - utilize this analysis to produce and deliver winning quotesService 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 structureUnderstand 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 US 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 brokersDetermines terms and conditions and complex rating plansBinds coverageDocuments the underwriting filesHandles more complex files and portfolios within underwriting authorityMinimum Requirements
Knowledge of insurance industryKnowledge of underwriting concepts, practices, and proceduresBachelors' degree1-3 years of Underwriting experienceQualifications
Desired Qualifications
Knowledge of Controlled Master Programs and international casualty underwriting principles highly desirableWe are looking for extraverts that enjoy marketing and selling themselves and a great product to customersWe are looking for competitive people who want to winSales experience preferred but not requiredOutstanding Interpersonal Skills. Ability to establish trust and effective working relationships with team, field marketing and customerSuperior communication (oral and written), interpersonal and negotiating skillsGreat technology skills (Microsoft Word, Excel, Outlook) and internet marketing skills are a plus
Qualified candidates must possess a strong understanding of Property and Casualty insurance concepts and products as evidenced by successful experience in the Property and Casualty insurance area, analytical ability to be capable of judging the feasibility of underwriting risks within assigned areas, ability to function in a department which develops several million dollars in premium annually through handling a large volume of small premium accounts, and ability to meet or succeed transaction time standards set by the team manager by adhering to sound time management practices. International insurance experience is preferred.
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.