This job ad has been posted over 60 days ago...
0
applicants
Sr. Underwriter - Skilled in Technology & Life Sciences
at Chubb Insurance in Massachusetts
For more than 125 years, Chubb & Son, a division of Federal Insurance Company, has been delivering exceptional property & casualty insurance products and services to businesses and individuals around the world.
Today we are the 11th largest property & casualty insurer in the United States and have a worldwide network of some 120 offices in 28 countries staffed by 10,600 employees. The Chubb Corporation reported $50.6 billion in assets and $14.1 billion in revenues in 2007. According to Fortune magazine, Chubb is the 176th largest U.S.-based corporation. The magazine also includes Chubb in its list of “America’s Most Admired Companies.” Forbes has also listed Chubb as one of America’s “400 Best Big Companies.”
Chubb has maintained its reputation and financial stability with underwriting expertise, unparalleled customer service, unique industry-specific specialization and a deep respect for all employees. The Boston Branch Technology Insurance Specialty (TIS) Department has been the leading insurer of technology accounts in the region. The Life Science book is currently over $26,000,000 with a history of very profitable combined ratios.
As specialist in our Life Sciences niche, you would have responsibility for a book of business that falls into the following industries: pharmaceutical and/or R&D companies with drugs and/or devices in human clinical trials or on the market, as well as dietary supplement companies.
Position Responsibilities
• Drive financial performance of ~$5,000,000 book of business including property, products & premises liability, clinical trials liability, umbrella, auto, worker’s compensation and international coverages. Account size ranges from $50,000 - $500,000+. Book of business represented by approximately 10 – 15 agents in Boston region.
• Meet or exceed financial goals including growth, profit, retention, and new business.
• Provide technical support for the Life Science segment including Boston region book of business, acting as a referral resource for local underwriters.
• Assist in the creation of customized services for specified agents and insureds, interpret and compare global coverages and exposures in multiple jurisdictions.
• Predominately responsible for account solicitation, risk selection and analysis (including documentation), pricing and sales of TIS products and services for new and existing customers.
• Meet with new and renewal customers and agents/brokers to negotiate coverage, price, financial terms and service delivery.
• Build relationship with agents/brokers to meet or exceed financial goals and create effective business plans for assigned agents/brokers and territory.
• Work collaboratively and effectively with a team of underwriters, underwriting associates, customer service representatives, claims examiners, and loss control representatives.
• Develop technical expertise of underwriting associates.
• Meet or exceed service standards.
• Support local training effort to continue to perpetuate Life Science underwriting
Required Skills
• Minimum 5-7 years of Commercial underwriting experience. Ability to demonstrate strong Life Science underwriting skills in property, products & premises liability, umbrella, auto, worker’s compensation and international coverages.
• Proven track record of building strong business relationships with insureds, agents & brokers, industry associations and specialized service providers in order to enhance reputation and build brand in the territory.
• Ability to perform comprehensive competitor analysis, including products, capabilities, and appetites and strategies.
• Demonstrated ability to serve as a collaborative expert with colleagues, both experienced and lesser experienced.
• Demonstrated strong written and oral communication skills.
• Strong skill demonstrated in complex account analysis, prioritization, organization and detail orientation.
• Demonstrated leadership and proficiency in sales, marketing and negotiation of product line and additional services including Claims & Loss Control.
• Ability to work both independently and within a team environment using multiple internal and external resources appropriately and efficiently.
• Knowledge of Microsoft Office Suite as well as other business-related software.
Educational and Experiential Requirements
• Bachelor’s degree or equivalent experience
• Minimum 5 - 7 years of Commercial underwriting experience with strong Life Science underwriting skills
Chubb prides itself on the ability to provide all employees with an extraordinary work environment which promotes teamwork, diversity and incentives for those who exceed expectations. Chubb has been recognized as one of the top 50 companies for diversity by DiversityInc magazine, one of America’s most admired companies by Forbes, and one of the top 100 companies to work for by Fortune.
Chubb's compensation and benefit plans work together to create a Total Rewards Program for our employees that is among the best in our industry. As a global organization, we work hard to achieve our goal of providing flexible and competitive compensation and benefits packages in each local market in which we operate. Our goal is to exceed average market practices for our performers. For more information about Chubb and our benefits, visit our website at www.chubb.com.
All interested applicants must apply online at www.chubb.apply2jobs.com Reference Requisition number 7635.
http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=7635&CurrentPage=2
Chubb & Son, Inc., a division of Federal Insurance Company, does not accept resumes from unsolicited third party agencies or recruiters. No fees will be paid to third parties who submit unsolicited candidates in this manner.
Today we are the 11th largest property & casualty insurer in the United States and have a worldwide network of some 120 offices in 28 countries staffed by 10,600 employees. The Chubb Corporation reported $50.6 billion in assets and $14.1 billion in revenues in 2007. According to Fortune magazine, Chubb is the 176th largest U.S.-based corporation. The magazine also includes Chubb in its list of “America’s Most Admired Companies.” Forbes has also listed Chubb as one of America’s “400 Best Big Companies.”
Chubb has maintained its reputation and financial stability with underwriting expertise, unparalleled customer service, unique industry-specific specialization and a deep respect for all employees. The Boston Branch Technology Insurance Specialty (TIS) Department has been the leading insurer of technology accounts in the region. The Life Science book is currently over $26,000,000 with a history of very profitable combined ratios.
As specialist in our Life Sciences niche, you would have responsibility for a book of business that falls into the following industries: pharmaceutical and/or R&D companies with drugs and/or devices in human clinical trials or on the market, as well as dietary supplement companies.
Position Responsibilities
• Drive financial performance of ~$5,000,000 book of business including property, products & premises liability, clinical trials liability, umbrella, auto, worker’s compensation and international coverages. Account size ranges from $50,000 - $500,000+. Book of business represented by approximately 10 – 15 agents in Boston region.
• Meet or exceed financial goals including growth, profit, retention, and new business.
• Provide technical support for the Life Science segment including Boston region book of business, acting as a referral resource for local underwriters.
• Assist in the creation of customized services for specified agents and insureds, interpret and compare global coverages and exposures in multiple jurisdictions.
• Predominately responsible for account solicitation, risk selection and analysis (including documentation), pricing and sales of TIS products and services for new and existing customers.
• Meet with new and renewal customers and agents/brokers to negotiate coverage, price, financial terms and service delivery.
• Build relationship with agents/brokers to meet or exceed financial goals and create effective business plans for assigned agents/brokers and territory.
• Work collaboratively and effectively with a team of underwriters, underwriting associates, customer service representatives, claims examiners, and loss control representatives.
• Develop technical expertise of underwriting associates.
• Meet or exceed service standards.
• Support local training effort to continue to perpetuate Life Science underwriting
Required Skills
• Minimum 5-7 years of Commercial underwriting experience. Ability to demonstrate strong Life Science underwriting skills in property, products & premises liability, umbrella, auto, worker’s compensation and international coverages.
• Proven track record of building strong business relationships with insureds, agents & brokers, industry associations and specialized service providers in order to enhance reputation and build brand in the territory.
• Ability to perform comprehensive competitor analysis, including products, capabilities, and appetites and strategies.
• Demonstrated ability to serve as a collaborative expert with colleagues, both experienced and lesser experienced.
• Demonstrated strong written and oral communication skills.
• Strong skill demonstrated in complex account analysis, prioritization, organization and detail orientation.
• Demonstrated leadership and proficiency in sales, marketing and negotiation of product line and additional services including Claims & Loss Control.
• Ability to work both independently and within a team environment using multiple internal and external resources appropriately and efficiently.
• Knowledge of Microsoft Office Suite as well as other business-related software.
Educational and Experiential Requirements
• Bachelor’s degree or equivalent experience
• Minimum 5 - 7 years of Commercial underwriting experience with strong Life Science underwriting skills
Chubb prides itself on the ability to provide all employees with an extraordinary work environment which promotes teamwork, diversity and incentives for those who exceed expectations. Chubb has been recognized as one of the top 50 companies for diversity by DiversityInc magazine, one of America’s most admired companies by Forbes, and one of the top 100 companies to work for by Fortune.
Chubb's compensation and benefit plans work together to create a Total Rewards Program for our employees that is among the best in our industry. As a global organization, we work hard to achieve our goal of providing flexible and competitive compensation and benefits packages in each local market in which we operate. Our goal is to exceed average market practices for our performers. For more information about Chubb and our benefits, visit our website at www.chubb.com.
All interested applicants must apply online at www.chubb.apply2jobs.com Reference Requisition number 7635.
http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=7635&CurrentPage=2
Chubb & Son, Inc., a division of Federal Insurance Company, does not accept resumes from unsolicited third party agencies or recruiters. No fees will be paid to third parties who submit unsolicited candidates in this manner.
Recent jobs at Chubb Insurance
Claims Examiner at Chubb Insurance in Simsbury, CT
Feb 04, 2012
Customer Service Representative -Multiple positions at Chubb Insurance in Phoenix, Az
Feb 04, 2012
Financial Institutions Underwriter at Chubb Insurance in Chicago, IL
Jan 06, 2012
Regional Sales Manager, Accident & Health at Chubb Insurance in Texas
Dec 22, 2011
Life Science Underwiter Opportunity in NYC - 3+ years of Underwriting Experience Needed at Chubb Insurance in New York
Dec 07, 2011
Published on May 04, 2010
Viewed: 228 times
Viewed: 228 times
Search Insurance Jobs by State: