Underwriter - Inland Marine & Ocean Cargo

Chubb; Uniondale (NY); On-site; USD 83,000 - 121,000; Full time

Job summary

A leading company in the insurance sector is seeking an Underwriter for Inland Marine & Ocean Cargo. This entry-level position involves managing a significant renewal book and driving new business growth. The ideal candidate will have strong negotiation skills and experience in marine underwriting, working collaboratively with a diverse team to achieve business objectives.

Qualifications

• 2+ years of experience in inland marine or ocean cargo underwriting.
• Proven marketing and negotiation skills.
• Strong communication, interpersonal, and time management skills.

Responsibilities

• Responsible for a renewal book of $3M - $4M and new business goal of $1M-$2M annually.
• Underwrite ocean cargo, builder’s risk, and other marine coverages.
• Collaborate with underwriters, operations, and management.

Skills

Negotiation

Sales

Risk Analysis

Communication

Job description

Underwriter - Inland Marine & Ocean Cargo

Join to apply for the Underwriter - Inland Marine & Ocean Cargo role at Chubb

Job Description

Chubb is currently seeking a skilled Marine Underwriter to join its Middle Market Commercial Insurance practice.

Position Description

The Marine Underwriter will be responsible for a renewal book of $3M - $4M and a new business goal of approximately $1M-$2M annually. The position will focus on driving profitable growth with Northeast region agents and brokers. The ideal candidate will underwrite ocean cargo, builder’s risk, civil construction projects, fine arts, contractors equipment, motor truck cargo, transit, installation floaters, equipment dealers, and other marine coverages. Collaboration within a large team of underwriters, operations, claims, marketing, and management is essential. We seek a highly motivated, results-oriented individual with solid business and underwriting acumen.

Knowledge, Skills, And Abilities Required

• Focused knowledge and experience in inland marine or ocean cargo; experience underwriting both is a plus.
• Developing and negotiating price, coverage, terms, and conditions for all new business and renewals, while identifying account rounding opportunities.
• Collaborating with other underwriters, operations, claims, marketing, and management to implement effective pricing and rate strategies.
• Strong sales and marketing skills, with experience managing agency and broker relationships.
• Ability to identify growth opportunities within new and existing sources.
• Knowledge of marketing principles, pricing/rate strategies, and risk analysis.
• Proficiency with the underwriting process and risk assessment.
• Effective communication with all customer levels and team collaboration skills.
• Technical knowledge of coverage, products, pricing strategies, and compliance.

Qualifications

• 2+ years of experience in inland marine or ocean cargo underwriting.
• Proven marketing and negotiation skills.
• Strong communication, interpersonal, and time management skills.

The pay range is $83,000 to $121,000, with potential participation in an incentive program. Benefits details are available on our careers website. The salary may be adjusted based on location.

About Us

Chubb is a global leader in insurance, operating in 54 countries. We provide a wide range of insurance products, distinguished by financial strength, underwriting excellence, and global presence. We are committed to equal employment opportunity and prohibit discrimination and harassment.

Additional Details

• Seniority level: Entry level
• Employment type: Full-time
• Job functions: Finance and Sales
• Industries: Hospitals and Health Care, Non-profit, Government