Find Jobs
Find Jobs Near You – Available Work in Your Location
Senior Underwriter
Career Insights for Insurance Underwriter (General)
See where this job fits in the broader career landscape. Knowing your career path helps you see what's possible from here.
Scorecard
Based on New Jersey data
Review key factors to help you decide if this role fits your goals. How is this calculated?
What they do
An Insurance Underwriter evaluates and measures risk and advises businesses in insurance, banking and securities. Recommends customers to be approved for insurance coverage, and develops policies and premium levels. Reviews loan applications, evaluates credit-worthiness of loan applicants and analyzes the investment risk of a loan for the bank. Evaluates risk in different types of securities and advises clients on investments that will yield highest profits.
$87,796 / year median in New Jersey
-9% projected decline
Job Description
JOB DESCRIPTION
The Reverse-Flow Underwriter will be responsible for reviewing and evaluating renewal and new, global business accounts in accordance with established underwriting guidelines. The candidate will work on US admitted accounts of all sizes. Lines of business include General Liability, Property, Automobile, Worker's Compensation and Umbrella. The candidate will work closely with Chubb Overseas General and Canadian underwriters as well as US brokers to coordinate pricing, coverage, terms and conditions as part of a global controlled master program. The candidate will provide account management services that will integrate the US coverage into a worldwide controlled master insurance program. The candidate will be responsible for conducting renewal review and development of new business for the Chubb Overseas General and Canadian branches assigned. The candidate must be able to work effectively and collaborate with a team of underwriters, underwriting associates, operations, claims and loss control personnel worldwide. The underwriter will be responsible for building relationships with US brokers and international underwriters.QUALIFICATIONS
The above position requires a strong service orientation to facilitate positive relationships with brokers as well as our international colleagues. The potential candidate should have solid knowledge of commercial underwriting and insurance industry practices. He/she should also demonstrate technical expertise in Property and Casualty lines of business. In addition, the individual should possess the following skills/qualities:Competencies/Technical Skills:
- 3-5 years underwriting US admitted property, general liability, automobile, worker's compensation and umbrella.
- Demonstrated strong technical acumen in Property and Casualty lines of business
- Ability to adapt to changing business environment
- Demonstrate ability to think creatively
- Proven time and desk management skills
- Strong (verbal and written) communication, interpersonal and negotiation skills
- Ability to work independently, show initiative, while demonstrating strong collaboration skills in a team environment
- Solid organizational and analytical skills
- Working knowledge of Microsoft Office Suite as well as other business-related software
Education/Experience:
- Bachelor's degree or equivalent work experience
- The ideal candidate will have minimum of 3 years underwriting US property, general liability, automobile, worker's compensation and umbrella.
- We are looking for a person with a strong business acumen including but not limited to the ability to interact effectively with internal and external business partners and adapt to a changing market.