Associate Underwriter

Chubb ExternalSan Francisco, CaliforniaOn-siteFull-timeNew grad, 0–1 yearsListed 1 hour ago

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About this role

The Associate Underwriter’s primary responsibility is to manage an existing book of renewable business 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 insurance financial fundamentals and their impact on underwriting decisions.
- Actuarial fundamentals . Ability to understand loss trends 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 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.

Duties may include but are not limited to:

- Within established business plans and assigned authority, select, analyze, and underwrite individual risks utilizing corporate pricing and reinsurance techniques to obtain desired results
- Manage a renewable book of business offering strategic underwriting guidance including rate/terms/deductibles
- Monitor results of the overall book of business assigned and recommend corrective action as necessary to insure retention of desirable accounts
- Provide quality and timely input on assigned projects to meet the Company’s needs in the changing market and to support profitable growth
- Participate in audits and/or underwriting meetings as required.
- Cross-sell opportunities within other Chubb divisions through promotion of their products and services
- Travel less than 25%

- Bachelor’s degree and industry designations – CPCU or AMIM preferred
- Minimum 3 years of current underwriting/insurance experience –concentration in Inland Marine products including Builder’s Risk preferred
- Strong analytical skills with the ability to collect, organize, and analyze significant amounts of information with attention to detail and accuracy
- Effective time and desk management, balancing a large book of renewal business
- Able to work collaboratively and prioritize in a matrix environment
- Strong oral and written communication skills
- PC and Microsoft Office Products proficient, Excel skills in particular

The pay range for the role is $73,000 to $107,000. 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.