Philadelphia, PA
2 days ago
Underwriter, Financial Lines
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 customers across a number of products which include: Directors & Officers Liability Professional Liability for Asset Managers and Funds (including hedge funds, private equity and venture capital) Bankers Professional Liability Insurance Company Professional Liability Security Broker-Dealer Professional Liability Employment Practices Liability Fiduciary Liability Fidelity Risk Assessment. Performing risk analysis for Financial Institutions clients. 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. 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 and Cross-market with other groups who underwrite Chubb products for Financial Institutions in the Mid-Atlantic Region Systems and programs. Ability to use systems and software programs needed to conduct daily business. Bachelor’s degree in many majors will be considered, with a preference for business, finance, economics, accounting or related fieldsPrior work experience (including summer or part time roles) or internships preferredStrong oral and written communication skills
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