16 days old

Life Sciences Executive Underwriter

Philadelphia, PA
  • Job Code
Life Sciences Executive Underwriter

Chubb is the worlds 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.

This Executive Underwriter will manage a Life Sciences renewal book for the Philadelphia/Harrisburg territory. The position will primarily be focused on underwriting Life Sciences Casualty opportunities (Products and E&O), however the underwriter will be charged with cross selling and writing other lines of business. Other lines of business include Package, Auto, WC, Umbrella and International.

The Executive Underwriter must develop book growth, maintain superior relationships and implement effective and profitable pricing rate strategies. Underwriting will include marketing and servicing accounts based on Chubb guidelines.

The position will be responsible for developing and implementing a business plan to grow the Life Sciences book through prospect identification and pipeline development, new business production and account management in the Philadelphia/Harrisburg territory. The Executive Underwriter will be responsible for $1.5MM of new business annually plus developing other Life Sciences underwriters on the team, including taking referrals on new and renewal business.

The Executive Underwriter will have accountability for the financial performance of the Life Sciences book of business, achieving growth for the branch, region and territory. They will identify opportunities for growth within new and existing production sources, identify cross sell opportunities, conduct agency planning/goal setting including monitoring of progress and make regular broker and insured visits (based on business need).

This position reports to the Philadelphia Technology Underwriting Manager.


Skills Required:
  • Candidate will have 10+ years commercial underwriting experience in Life Sciences casualty placements. Experience with handling multi-line exposures particularly in the Life Sciences industry segment a plus.

  • Strong sales and marketing skills are also critical.

  • The ability to position accounts and close deals is a key requirement.

  • Must be able to demonstrate success in marketing, producer/book management and new business development. Must also have the ability to successfully negotiate on all levels with both internal and external partners and nurture key producer relations.

  • The ideal candidate for the role will possess a high degree of proficiency with the underwriting process, risk analysis, and work effectively in collaboration with an Underwriting Associate.

  • Effective desk management is a critical part of this role.

  • Must have exemplary ability to effectively interact with all levels of customers and coworkers.

  • Knowledge and proficiency with underwriting technical issues, compliance, coverage, products, pricing & strategies expected.

  • Proficiency in Microsoft Office Suite as well as other business related software required.

  • We are looking for a candidate who is highly motivated to succeed and is results oriented with solid business acumen.

  • Levelfor this position will depend on applicants experience.

Education and Experience:
  • Bachelors degree or equivalent experience.

  • 10 years of Life Sciences underwriting experience

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.
For additional information about Chubb or its services, please visit our website at www.chubb.com.

Sponsored by:
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Sponsored by:
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Life Sciences Executive Underwriter

Philadelphia, PA

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