Underwriter, Marine
Chubb
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- Pay
- $86K to $124K
- a year
- Location
- San Francisco, CA
- Job type
- Full time
- Posted
- Oct 2
- 15 days ago
Career path
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About the company
Chubb
Insurance · 10,001+ employees
What you'll do
- Underwrite primarily Builder’s Risk projects, and potentially Contractors Equipment and other Marine coverages.
- Develop and negotiate pricing, coverage, terms, and conditions for new business and renewals, while managing producer relationships and pursuing profitable growth.
What you need
- 2+ years of experience in underwriting, experience in Inland Marine preferred. Must have proven marketing and negotiation skills Strong communication, interpersonal and time management skills Knowledge and proficiency with technical issues, compliance, coverage, products, and pricing strategies expected. Candidate must have ability to effectively interact with all levels of customers and collaborate with a team of underwriters, claims and loss control personnel.The pay range for the role is $86,000 to $124,000. 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 on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.
Key skills
Inland MarineBuilders Riskrisk analysismarketing and negotiation skillscommunicationinterpersonaltime managementpricing/rate strategiesunderwriting process
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Perks
- comprehensive benefits package
See full description on company page, apply now
Read the full posting here
Chubb is currently seeking a skilled Marine Underwriter to join its Pacific North Commercial Insurance Marine team. This Underwriter will underwrite primarily Builder’s Risk projects; they may also underwrite Contractors Equipment and other Marine coverages.
This position will collaborate within a large team of Marine underwriters in the Pacific North and South regions; they will also work collaboratively with Home Office, operations, claims, and other teams as needed. We are looking for a candidate who is highly motivated, results oriented with solid business and underwriting acumen.
Knowledge, Skills, and Abilities Required:
Focused knowledge and experience in Inland Marine, with a focus on Builders Risk preferred.
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.
2+ years of experience in underwriting, experience in Inland Marine preferred.
Must have proven marketing and negotiation skills
Strong communication, interpersonal and time management skills
Knowledge and proficiency with technical issues, compliance, coverage, products, and pricing strategies expected.
Candidate must have ability to effectively interact with all levels of customers and collaborate with a team of underwriters, claims and loss control personnel.
The pay range for the role is $86,000 to $124,000. 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 on our careers website . The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.