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USB NBS Cyber Underwriter in Simsbury, CT at Chubb Group of Insurance Companies

Date Posted: 1/17/2019

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Simsbury, CT
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    1/17/2019

Job Description

Chubb’s Financial Lines division offers management liability and professional liability insurance products to companies in a broad variety of industries in the not-for-profit, privately held and public company sectors. Our unit is built upon strong underwriting expertise, market stability and capacity, exceptional claims service, financial strength and a large number of product offerings 

NBS Cyber Underwriter

This position supports the achievement of established goals related to profitable growth, customer service, and maintaining producer relationships of the Underwriting Service Branch (USB).  The primary responsibility is to underwrite individual risks within the New Business Service team, focusing on Cyber Liability and Technology E&O.   

Scope:

  • Understand the fundamentals of coverage, terms and conditions.
  • Cultivating relationships with agents and brokers while using relationship to place business with Chubb
  • Selling Chubb’s competitive advantages in the marketplace and negotiating pricing and terms and conditions in a competitive marketplace that meet the customer’s needs and positions Chubb to achieve a profit  
  • 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.
  • Ability to base communications on strategic thinking. 
  • Ability to use systems and software programs needed to conduct daily business.

Major Duties & Responsibilities: Duties may include but are not limited to:

•         Determines terms and conditions and complex rating plans

•         Binds coverage

•         Documents the underwriting files

•         Handles more complex files and portfolios within underwriting authority

Experience:

•         Bachelor’s degree in finance or business is preferred

Requisite knowledge, skills and experience for this role are outlined below:

  • Proven multi-tasking, prioritizing and time management skills.
  • Strong computer proficiency including the ability to process a large volume of business on a daily basis.
  • Strong track record in delivering timely quality service to internal and external customers.
  • Demonstrated success in negotiation and building collaborative relationships.
  • Works effectively as part of a team; ability to balance team and individual goals.
  • Demonstrates flexibility by handling day-to-day frustrations / uncertainties and adapting to new technology.
  • Strong oral and written communication skills.
  • Customer service and/or insurance experience preferred.
  • Goal oriented and results driven.
  • Gathering and analyzing information to determine risk acceptability.
  • Strong analytical skills required with the proven ability to make expedient and sound decisions, as well as taking initiative. 

Ability to sell and negotiate to achieve bottom line profitability

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