Sr. Underwriter

NACBA; Urbandale, Northern (IA, KY); Hybrid; USD 70,000 - 100,000; Full time

Job summary

Chubb in Urbandale, IA seeks an underwriter to assess agribusiness risks within authority, contributing to profit and growth.

You will review submissions, gather data, and partner with agents and division leadership to implement the division's business plan and marketing strategy. This role requires analytical thinking, teamwork, and maintaining confidentiality in a fast-paced environment.

Qualifications

• Knowledge of rating, forms, and underwriting requirements for Agribusiness lines of insurance.
• Analytical ability to evaluate underwriting risks within authority limits.
• Ability to read and apply company procedure manuals to tasks.
• Organize and prioritize multiple tasks.
• Work well with people in a team environment.
• Communicate and maintain business relationships with Company personnel, agents, and customers.
• Train or assist in training underwriter staff and technicians.
• Use company terminology, processes and systems.
• General office practices.
• Perform basic and complex mathematical calculations.
• Remain calm and professional.
• Work from oral and written communications.
• Work independently.
• Maintain confidentiality.

Responsibilities

• Review new risk submissions, renewals, and endorsements within authority and guidelines.
• Obtain information and analyze data to determine risk acceptability.
• Review endorsements to identify changes in coverage or amounts.
• Assist Division Manager with Business Plan development and implementation.
• Assist in planning and executing the division's marketing strategy.
• Manage day-to-day responsibilities delegated by the Underwriting Supervisor.
• Evaluate, accept, reject or modify risks within guidelines.
• Prepare submissions for higher review when risks exceed authority.
• Communicate with agents to develop underwriting relationships.
• Encourage submissions and maintain agent liaison for information.
• Refer matters to the Underwriting Supervisor as needed.
• Provide guidance on underwriting matters to staff and supervisors.
• Provide underwriting data to assistants/technicians.
• Assist in training of personnel as needed.
• Performs special projects and other duties as required.

Skills

Underwriting knowledge

Analytical skills

Communication

Teamwork

Training others

Math calculations

Confidentiality

Independent work

Tools

Forms and rating knowledge

Job description

Underwrite agribusiness risks within specified limits of authority in a designated line or lines of business and/or from assigned agents in a manner that contributes to profit and growth.

Essential Job Duties and Responsibilities:

• Reviews new risk submissions, renewals, and endorsement requests within assigned authority and underwriting guidelines.
• Obtains additional information where necessary and analyzes all pertinent data to determine acceptability of risks according to established underwriting guidelines.
• Reviews endorsements on existing policies to identify any change in original coverage or amounts.
• Assist Division Manager in the development and implementation of the Business Plan for the division.
• Assist Division Manager in planning and implementing the marketing strategy for division.
• Assume day to day responsibility for the areas delegated by Underwriting Supervisor.
• Evaluates, accepts, rejects or modifies risks within established underwriting guidelines.
• Prepares submissions for higher review by Underwriter Supervisor when risk limits are outside assigned authority.
• Communicates with agents either written or orally to develop agent/underwriter relationships.
• Encourage submission of targeted business and maintain liaisons with agents to obtain necessary underwriting information.
• Make referrals to Underwriting Supervisor when necessary.
• Provides assistance, consultation and advice on underwriting matters to other underwriters, support staff, and Underwriting Supervisor.
• Provides underwriting assistants/technicians with all necessary rating information.
• Assists in training of personnel as needed.
• Performs special projects and other job duties as necessary.

Knowledge, Skills, and Abilities

• Knowledge of rating, forms, and underwriting requirements for Agribusiness lines of insurance.
• Analytical ability to evaluate underwriting risks within assigned authority limits.
• Ability to read and understand company procedure manuals and apply information to work tasks.
• Ability to organize and prioritize multiple tasks.
• Ability to work well with people in a team environment.
• Ability to effectively communicate and maintain business relationships with Company personnel, agents, outside resources, and customers.
• Ability to train or assist in training of underwriter assistants, underwriting technician, and underwriters.
• Ability to use the company terminology, processes and systems.
• Knowledge of general office practices.
• Ability to perform basic and complex mathematical calculations.
• Ability to remain calm and professional.
• Ability to work from oral and written communications.
• Ability to work independently.
• Ability to maintain confidentiality.
• Ability to assist in other work-related areas as required.

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.