DescriptionWe are excited to be seeking an Underwriter on the Pacific North Chubb Cyber team, in San Francisco. We are looking for a candidate eager to foster strong broker and agent relationships in the region, technical underwriting acumen, and a desire to grow the Chubb Cyber portfolio. As an industry leader in the space for the last 25+ years, we are very excited to continue growing the team.
Duties may include but are not limited to:
- Solicits new and renewal submissions from brokers
- Conducts marketing meetings, office visits and events to source business
- Determines terms and conditions and complex rating plans
- Binds coverage
- Documents the underwriting files
Qualifications- 1 - 2 years underwriting experience preferred
- Bachelor’s degree
- Ability to develop strong understanding of Cyber and Tech E&O insurance products.
- Strong analytical skills.
- Proficiency in sales, marketing, and negotiation.
- Strong interpersonal, communication and negotiation skills.
Critical Competencies:
- 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 financial statements and ratios used in risk analysis. Understanding of insurance financial fundamentals; impact of underwriting decisions on company assets. Ability to understand credit risk.
- Actuarial fundamentals. Ability to understand loss trends, loss triangles, 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 make presentations and communicate articulately. 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
The pay range for the role is $96,000 to $144,000. 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 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.