Sr. Underwriter - Cyber/Professional Liability

Senior Underwriter – Chubb Cyber (BOSTON)

Chubb is the world’s largest publicly traded property and casualty insurer. 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.

The Underwriter’s primary responsibility is to underwrite individual risks through a demonstration of the following skills and abilities:

• Fundamentals of coverage, terms and conditions. Ability to offer coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer.
• Risk Assessment. Ability to identify risk exposures, special or common hazards, and appropriate controls. Ability to select risk based on exposure and risk analysis. Ability to analyze claims and quantify losses.
• Financial proficiency. Understanding of financial statements and ratios used in risk analysis. Understanding of insurance financial fundamentals; impact of underwriting decisions on company assets. Ability to understand credit risk.
• Actuarial fundamentals. Ability to understand loss trends, loss triangles, and ratemaking. Ability to quantify risk based on experience history and forecasting methods.
• Marketing and communications. Ability to sell and negotiate to achieve bottom line profitability for the Company. Ability to make presentations and communicate articulately. Ability to base communications on strategic thinking. Ability to manage producer strategy.
• Systems and programs. Ability to use systems and software programs needed to conduct daily business

MAJOR DUTIES & RESPONSIBILITIES

Duties may include but are not limited to:

• Solicits new and renewal submissions from brokers
• Conducts marketing meetings, office visits and events to source business
• Determines terms and conditions and complex rating plans
• Binds coverage
• Documents the underwriting files
• Handles more complex files and portfolios within underwriting authority

QUALIFICATIONS

• 3+ years underwriting experience, preferably in the Cyber Insurance space
• Bachelor’s degree

DESIRED QUALIFICATIONS

• Demonstrated technical expertise Cyber insurance products.
• Strong analytical skills.
• Demonstrated proficiency in sales, marketing, and negotiation.
• Strong interpersonal, communication and negotiation skills.
• Ability to effectively interact with all levels of internal and external business partners.
• Experience developing and executing on marketing plans and prospects.
• Ability to be creative and adaptable in a changing business environment while executing all Corporate Strategies.
• Sound, balanced, and timely decision-making skills.

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 discrim