Executive Underwriter

San Francisco, California
Not Specified
Oct 01, 2016
Nov 30, 2016
Job Type
Not Specified
Career Level
Not Specified

Executive Underwriter(

Job Number: 310666)


Chubb is the world's largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

Details of this critical opening follow:

  • 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. Knowledge of WC/AL/GL coverages is a must.
  • 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. Portfolio consists of 100% loss sensitive deals.
  • 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.


Duties may include but are not limited to:

  • Solicits new and renewal submissions from brokers
  • Determines terms and conditions and complex rating plans
  • Binds coverage
  • Documents the underwriting files
  • Handles more complex files and portfolios within underwriting authority
  • Manages, guides, and mentor junior staff.


  • 8+ years of underwriting experience
  • Knowledge of loss sensitive primary casualty programs.
  • Bachelor's degree or corresponding insurance course work.


  • Knowledge of casualty insurance industry
  • Knowledge of underwriting concepts, best practices, and procedures
  • Microsoft Word, Excel, PowerPoint, Adobe, and Outlook
  • Oral and written communication skills
  • Negotiation skills
  • Broker and Insured marketing skills
  • Advanced leadership skills

Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran or marital status, o

San Francisco - 455 Market St

San Francisco 94105


Travel - No

Job Posting - Sep 30, 2016, 7:42:49 AM