Westchester Executive Underwriter, Environmental

Westchester Environmental is looking to fill the position of Executive Underwriter to support our West & MidWest Region.  Westchester Environmental writes both contractors and manufacturers/distributors across a wide array of industries. You will be responsible for aggressively marketing to their assigned brokers to bring in opportunities. You will work closely with the respective manager of the region, EVP/CUO for Westchester Environmental, as well as various Business Development Managers across the region to position this portfolio within Westchester Environmental’s strategy for growth and profit.  

Duties may include but are not limited to:

• Underwriting and growing a book consisting mainly of Manufacturing/Environmental Products package, Environmental Contractors/Consultants package, unsupported excess, as well as monoline site pollution and larger CPL accounts

• Develops and executes on marketing plan for assigned producers and territories

• Negotiate pricing, terms and conditions for excess and surplus environmental accounts using assigned underwriting authority and company guidelines

• Assess risk and identify risk exposures, special or common hazards, and appropriate controls

• Select and quantify risk based on exposure, forecasting methods and risk analysis

• Analyzing claims and quantifies losses

• Documents the underwriting files with account review, analysis and conclusions

Education & Experience:

• 5+ years experience underwriting environmental insurance products

• Bachelor’s degree

Desired Qualifications:

• Experience with wholesale brokers

• Knowledge of environmental insurance industry

• Ability to review and analyze environmental due diligence

• Ability to review, evaluate and develop coverage forms and endorsements

• Technical capabilities (ability to work comfortably with various IT systems)

• Understanding of risk management approaches including risk transfer

• Knowledge of underwriting concepts, practices, and procedures

• Internet usage and research

• Detailed understanding of company Financial Statements (Balance Sheet, Income Statement, 10-K, etc.)

• Ability to work in a collaborative, team environment

• Ability to share knowledge and develop staff

• Oral and written communication skills

• Negotiation skills

• Marketing skills

The pay range for the role is $110,000 to $170,500. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program.  Chubb offers a comprehensive benefits package, more details on which can be found at https://careers.chubb.com/global/en/north-america.  The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled. 

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.