Senior Underwriter, Casualty

Chubb; Jersey City (NJ); On-site; USD 78,000 - 135,000; Full time

Job summary

A leading insurance company is seeking a Senior Underwriter for their Casualty team in Jersey City. The role involves underwriting primary casualty insurance, developing guidelines, and collaborating with brokers. Ideal candidates will have strong analytical skills and a background in E&S underwriting.

Benefits

Comprehensive benefits package

Discretionary annual incentive program

Qualifications

• Minimum of 4 years of experience in underwriting primary casualty insurance.
• Strong knowledge of underwriting principles, practices, and guidelines.

Responsibilities

• Evaluate and underwrite primary casualty insurance submissions.
• Collaborate with wholesale brokers to assess risks and negotiate terms.
• Provide mentorship and guidance to junior underwriters.

Skills

Analytical Skills

Communication

Interpersonal Skills

Education

Bachelor’s degree in Finance

Bachelor’s degree in Business

Bachelor’s degree in Risk Management

Tools

Underwriting Software

Microsoft Office Suite

Job description

Join to apply for the Senior Underwriter, Casualty role at Chubb.

Westchester, a Chubb company, is looking to expand the Middle Market Casualty team. We are seeking a highly skilled and experienced Senior Underwriter to join our team in Jersey City, NJ. The ideal candidate will have a strong background in primary casualty insurance, with a focus on E&S underwriting. This role requires a deep understanding of the insurance market, excellent analytical skills, and the ability to build and maintain relationships with wholesale brokers.

Key Responsibilities

• Evaluate and underwrite primary casualty insurance submissions in the E&S space, focusing on Real Estate, Products, and Construction sectors.
• Help develop underwriting guidelines and appetite.
• Collaborate with wholesale brokers to assess risks, determine coverage options, and negotiate terms and pricing.
• Analyze loss history, financial statements, and other relevant data to make informed underwriting decisions.
• Develop and maintain strong relationships with brokers and clients to facilitate business growth and retention.
• Stay current on industry trends, regulatory changes, and market conditions to inform underwriting strategies.
• Provide mentorship and guidance to junior underwriters and support team development.
• Prepare and present underwriting recommendations to management and stakeholders.
• Ensure compliance with company policies, procedures, and regulatory requirements.

Qualifications

• Bachelor’s degree in Finance, Business, Risk Management, or a related field.
• Minimum of 4 years of experience in underwriting primary casualty insurance, preferably in the E&S market.
• Strong knowledge of underwriting principles, practices, and guidelines.
• Experience in Real Estate, Products, and Construction insurance is highly preferred.
• Excellent analytical and decision-making skills, with a keen attention to detail.
• Strong communication and interpersonal skills, with the ability to build relationships with brokers and clients.
• Proficient in underwriting software and Microsoft Office Suite.
• Professional designations (e.g., CPCU, AU) are a plus.

The pay range for the role is $78,900 to $134,100. The specific offer will depend on the applicant’s skills and other factors. This role may be eligible for a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details at https://careers.chubb.com/global/en/north-america. The disclosed pay range estimate may be adjusted based on geographic location.

About Us

Chubb is a global leader in insurance, operating in 54 countries. We provide a wide range of insurance products, including property and casualty, accident, health, reinsurance, and life insurance. We are committed to equal employment opportunity and diversity in our workforce.