Underwriter

Chubb Ltd.; Philadelphia (Philadelphia County); On-site; USD 90,000 - 130,000; Full time

Job summary

Chubb Ltd. seeks a Reverse-Flow Underwriter to review and evaluate new and renewal US admitted Ocean Marine Cargo accounts in line with underwriting guidelines.

The role involves collaboration with Chubb Overseas General, Canadian underwriters, and US brokers to align pricing, coverage, terms and conditions within a global controlled master program. You will provide account management to integrate US coverage into the worldwide program and work with a global team of underwriters, operations,

Qualifications

• 1-2 years underwriting US admitted Ocean Marine Cargo.
• Solid knowledge of commercial underwriting and insurance industry practices.
• Strong business acumen and ability to interact with internal and external partners.
• Ability to adapt to changing market conditions and think creatively.

Responsibilities

• Review and evaluate new and renewal US Ocean Marine Cargo accounts.
• Coordinate pricing, coverage, terms and conditions with underwriters and brokers as part of a global program.
• Provide account management services to integrate US coverage into the worldwide controlled master program.
• Collaborate with a global team of underwriters, operations, claims and loss control personnel.

Skills

Ocean Marine Cargo underwriting

Team collaboration

Communication skills

Negotiation skills

Analytical skills

Time management

Independent work

Education

Bachelor’s degree or equivalent

Tools

Microsoft Office Suite

Job description

The Reverse-Flow Underwriter will be responsible for reviewing and evaluating new and renewal, global business accounts in accordance with established underwriting guidelines. The candidate will work on US admitted accounts of all sizes.

• Lines of business includes Ocean Marine Cargo.
• Work closely with Chubb Overseas General and Canadian underwriters as well as US brokers to coordinate pricing, coverage, terms and conditions as part of a global controlled master program.
• Provide account management services that will integrate the US coverage into a worldwide controlled master insurance program.
• Must be able to work effectively and collaborate with a team of underwriters, underwriting associates, operations, claims and loss control personnel worldwide.
• Responsible for building relationships with US brokers and international underwriters.

Qualifications

The above position requires a strong service orientation to facilitate positive relationships with brokers as well as our international colleagues. The potential candidate should have solid knowledge of commercial underwriting and insurance industry practices. He/she should also demonstrate technical expertise in Ocean Marine Cargo line of business. In addition, the individual should possess the following skills/qualities:

• 1-2 years underwriting US admitted Ocean Marine Cargo
• Demonstrated strong technical acumen in Ocean Marine Cargo line of business
• Ability to adapt to changing business environment
• Demonstrate ability to think creatively
• Proven time and desk management skills
• Strong (verbal and written) communication, interpersonal and negotiation skills
• Ability to work independently, show initiative, while demonstrating strong collaboration skills in a team environment
• Solid organizational and analytical skills
• Working knowledge of Microsoft Office Suite as well as other business-related software

Education/Experience:

• Bachelor’s degree or equivalent work experience
• The ideal candidate will have minimum of 1 year underwriting US Ocean Marine Cargo.
• We are looking for a person with a strong business acumen, including but not limited to, the ability to interact effectively with internal and external business partners andadapt to a changing market.

About Us

Chubb is a world leader in insurance. 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.

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.

Job Info

• Job Identification 34427
• Job Schedule Full time
• Regular or Temporary Regular
• Business Unit United States
• Legal Employer ACE American Insurance Company