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Chubb · 10 hours ago

Commercial Surety Underwriter

New York, NY

Full-time

Onsite

Entry, Mid Level

$96K/yr - $120K/yr

2+ years exp

Chubb is a world leader in insurance, and they are seeking a Commercial Surety Underwriter to join their collaborative team. The role involves soliciting submissions, determining terms and conditions, and managing underwriting files while identifying risk exposures and negotiating to achieve profitability.

Commercial InsuranceFinancial ServicesHealth InsuranceInsuranceMortgageRisk Management

Responsibilities

Solicits new and renewal submissions from brokers

Determines terms and conditions and complex rating plans

Binds coverage

Documents the underwriting files

Handles complex files and portfolios within underwriting framework

Identify risk exposures, special or common hazards, and appropriate controls

Select risk based on exposure and risk analysis

Sell and negotiate to achieve bottom line profitability, make presentations and communicate articulately and manage producer strategy

Utilize systems and software programs needed to conduct daily business

Qualification

Insurance industry knowledgeUnderwriting conceptsSurety lines experienceMicrosoft WordMicrosoft ExcelMicrosoft OutlookMarketing skillsOral communicationWritten communicationNegotiation skillsBasic leadership skills