12 days old

Senior Underwriter, Westchester Environmental

Chubb
Englewood, CO 80110
  • Job Code
    337992

MAJOR DUTIES & RESPONSIBILITIES: Duties may include but are not limited to:



Individual Production/territory management related duties:



  • Develops and executes on marketing plan for assigned producers and territories

  • Negotiates pricing, terms and conditions for excess and surplus environmental accounts using assigned underwriting authority and company guidelines

  • Risk Assessment/Identifying risk exposures, special or common hazards, and appropriate controls.

  • Selecting risk based on exposure and risk analysis.

  • Analyzing claims and quantifies losses.

  • Financial and mathematical proficiency.

  • Understanding of financial statements and ratios used in risk analysis.

  • Understanding of insurance financial fundamentals; impact of underwriting decisions on company assets.

  • Understanding credit risk.

  • Actuarial fundamentals. Ability to understand loss trends, loss triangles, and ratemaking.

  • Ability to quantify risk based on experience history and forecasting methods.

  • Documents the underwriting files with account review, analysis and conclusions.

  • Ability to rate/quote/bind coverage and has a command of underwriting systems.

  • 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.


  • MINIMUM REQUIREMENTS:



    - 5 7years experience underwriting environmental insurance products



    - Bachelors degree


  • DESIRED QUALIFICATIONS:



    • Experience with wholesale brokers


    • Knowledge of environmental insurance industry

    • Ability to review and analyze environmental due diligence

    • Ability to review, evaluate and develop coverage forms and endorsements

    • Technical capabilities (ability to work comfortably with various IT systems)

    • Understanding of risk management approaches including risk transfer

    • Knowledge of underwriting concepts, practices, and procedures

    • Internet usage and research

    • Detailed understanding of company Financial Statements (Balance Sheet, Income Statement, 10-K, etc.)

    • Ability to work in a collaborative, team environment

    • Ability to share knowledge and develop staff

    • Oral and written communication skills

    • Negotiation skills

    • Marketing skills






Posted: 2021-06-08 Expires: 2021-07-07
Sponsored by:
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Sponsored by:
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Senior Underwriter, Westchester Environmental

Chubb
Englewood, CO 80110

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