Senior Underwriter, Real Estate & Hospitality

Overview

Chubb Real Estate & Hospitality is looking for an applicant to fill the position of Senior Underwriter in our New York office. We offer customized & complex primary casualty insurance programs tailored to our client’s business needs and operations within the Real Estate & Hospitality industry.

Responsibilities

Handle day-to-day servicing of a book of large, complex, primary casualty Real Estate & Hospitality accounts.

Be responsible for growth and retention of assigned book.

Negotiate the annual pricing, terms and conditions on renewal business.

Work on new business opportunities with key brokerage houses in regions around the country, design and propose appropriate program structures and pricing for said opportunities.

Maintain and develop relationships with their brokers and clients.

Develop a pipeline with our major trading partners, as well as engaging other business units for cross-selling opportunities across the industry practice.

Maintain service standards by timely response to broker request and timely submission of quotations, binders, policies and endorsements.

Responsibility for file maintenance of handled client accounts.

Bachelor’s degree

At least 4+ years casualty underwriting experience

Experience with Real Estate & Hospitality underwriting or other similar technical risks a plus

Prior large, complex primary casualty underwriting knowledge.

Strong knowledge of guaranteed cost programs, as well as loss sensitive structures, captives, etc.

Proficiency in Microsoft Office Suite

Presentation and public speaking skills

Strong negotiations skills

Local broker and insurance marketplace relationships

Knowledge and understanding of current insurance marketplace conditions

Understanding and adherence to organizational and regulatory rules, and ability to adhere to underwriting authority

Understanding of Workers Compensation, General Liability and Auto Liability Insurance coverage, terms and conditions

Ability to identify risk exposures, special or common hazards, and appropriate controls. Ability to select risk based on exposure and hazard analysis. Ability to analyze claims and loss trends.

The pay range for the role is $114,600 to $194,800. 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.