Senior Underwriter

Company: Chubb
Location: New York City
Posted on: July 7, 2025

Job Description:

Under the direction of the Regional Manager, execute Construction business unit strategy for the New York & Pacific Regions. Product line responsibilities include Workers’ Compensation, General Liability, and Auto Liability. As a member of the Major Accounts’ Construction team, contribute to profitable underwriting results through the selection, underwriting, growth, development, and servicing of project-specific and corporate construction insurance programs. This position is responsible for contributing to top-line production & bottom-line profitability goals, meeting branch administrative standards, and being an active participant on the team. The position requires extensive marketing and collaboration with other Chubb business units and is located in Chubb’s New York City branch. Details of this critical opening follow: Fundamentals of Coverages, Terms, and Conditions: Ability to analyze and decipher coverages, 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 risk management controls. Competency to select risks 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 and impact of underwriting decisions on company assets. Ability to understand credit risk. Actuarial Fundamentals: Ability to understand loss trends, loss triangles, and ratemaking. Proficient in basic loss development methodology, loss rating, and ability to quantify risk based on historical experience. Marketing and Communication: Ability to negotiate and sell while achieving 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, including proficiency in Microsoft Office Suite. Duties may include but are not limited to: Solicit new and renewal submissions from key brokers with responsibility for new business production and profitability goals. Execute regional marketing and sales strategies, including targeting, cross-sell, and upsell initiatives. Interact collaboratively with the Construction team, colleagues in other business units, and Field Operations professionals in advancement of Company goals. Determine appropriate pricing, terms, and conditions while utilizing complex rating plans. Oversee the business unit’s more complex files and portfolios, managing within delegated underwriting authority and abiding by appropriate referral triggers. Guide and mentor the junior staff within the New York & Pacific Regions. Take on leadership roles within the team. Document underwriting files thoroughly and accurately. Adhere to all underwriting standards and guidelines as outlined by the Division, including all applicable Underwriting Guidelines, Authorities, and Position Papers. Adhere to service standards for accurate and timely policy issuance, accurate premium booking and billing, manuscript form and endorsement processes, and file construction and documentation. Regular agency and broker travel. Knowledge of construction insurance industry, or relevant experience. Knowledge of underwriting concepts, practices, and procedures. Strong product knowledge, including exposure analysis, forms and coverages, and rating principals and mechanics. Experience handling large, complex risks and loss-sensitive rating structures. Strong oral and written communication skills. Demonstrated ability to negotiate and position products to internal and external customers. Strong sales, marketing, and relationship development skills. Established leadership traits with proven ability to promote a productive and inclusive work environment. MINIMUM REQUIREMENTS At least 4-5 years underwriting experience, preferably with background in Construction. Experience with multiple lines of insurance. Bachelor’s degree. The pay range for the role is $125,000 to $212,500. 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. Chubb is a world leader in insurance. 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. 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, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

Keywords: Chubb, Levittown , Senior Underwriter, Accounting, Auditing , New York City, New York