Senior Surety Underwriter & Mentor – Territory Travel

Chubb European Group Ltd.; Minneapolis (MN); On-site; USD 110,000 - 150,000; Full time

Job summary

Chubb European Group Ltd. in Minneapolis seeks a Senior Surety Underwriter responsible for underwriting individual surety risks, assessing contracts and bond forms, and supporting profitable growth.

You will mentor junior staff, travel 10-25% within the territory, document underwriting files, and determine terms and rating plans while building relationships with producers and clients.

Qualifications

• Underwrite surety credits to generate profit while meeting customer needs.
• Identify risk exposures, analyze contracts and bond forms for accounts.
• Analyze financial statements and ratios used in surety underwriting.
• Understand loss trends and ratemaking to quantify risk.
• Build relationships and communicate effectively to grow the book of business.
• Proficient with systems and software used to conduct daily business.

Responsibilities

• Marketing and prospecting for new business, traveling within the assigned territory.
• Travel expectations 10-25% with flexible territory options.
• Document underwriting files.
• Determine terms and conditions and complex rating plans.
• Handle more complex files and portfolios.
• Guide and mentor junior staff.

Skills

Fundamental Surety Underwriting

Risk Assessment

Financial proficiency

Actuarial fundamentals

Marketing and communications

Systems and programs

Job description

Chubb European Group Ltd. in Minneapolis seeks a Senior Surety Underwriter responsible for underwriting individual surety risks, assessing contracts and bond forms, and supporting profitable growth.

You will mentor junior staff, travel 10-25% within the territory, document underwriting files, and determine terms and rating plans while building relationships with producers and clients.