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Chubb · 1 day ago

Underwriter, Ocean Cargo

436 Walnut Street, Philadelphia, PA, 19106, US

Full-time

Onsite

Entry, Mid Level

$85K/yr - $130K/yr

2+ years exp

Chubb is a world leader in insurance, and they are seeking a skilled Marine Underwriter to join its Middle Market Commercial Insurance practice. The Marine Underwriter will manage a renewal book and new business goals while collaborating with a large team to drive profitable growth in marine coverages.

Commercial InsuranceFinancial ServicesHealth InsuranceInsuranceMortgageRisk Management

H1B Sponsor Likely

Responsibilities

The Marine Underwriter will be responsible for a renewal book of $3M - $4M and a new business goal of approximately $1M-$2M annually

This position will be responsible for driving profitable growth with Northeast region agents and brokers

Ideally, this Underwriter 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

This position will collaborate within a large team of commercial underwriters, operations, claims, marketing, and Home Office management as necessary

Underwriting duties will include developing and negotiating price, coverage, terms and conditions for all new business and renewals while actively identifying account rounding opportunities for other Chubb practices

This position must collaborate with other underwriters, operations, claims, marketing, and home office management as necessary

The underwriter must implement and manage effective pricing and rate strategies that will produce profitability, book growth, and successful producer relations

Strong sales and marketing skills are critical; must be able to demonstrate successful agency and broker management, including building, maintaining, and managing producer and customer relationships

Ability to identify opportunities for growth within new and existing production sources

Knowledge of marketing principles, pricing/rate strategies and how to apply them to attain underwriting profit

Candidate must possess a high degree of proficiency with the underwriting process, with a solid background in risk analysis

Candidate must have ability to effectively interact with all levels of customers and collaborate with a team of underwriters, claims and loss control personnel

Knowledge and proficiency with technical issues, compliance, coverage, products, and pricing strategies expected

Qualification

Inland marine underwritingOcean cargo underwritingMarketing principlesRisk analysisNegotiation skillsCommunication skillsInterpersonal skillsTime management

Required

2+ years of experience in inland marine or ocean cargo

Must have proven marketing and negotiation skills

Strong communication, interpersonal and time management skills

Focused knowledge and experience in inland marine or ocean cargo. Experience underwriting both coverages is a plus