Executive Underwriter, Property Job at MN Climate Innovation Finance Authority (MNCIFA), Chicago, IL

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  • MN Climate Innovation Finance Authority (MNCIFA)
  • Chicago, IL

Job Description

JOB DESCRIPTION

Westchester, a Chubb Company, is seeking a Senior or Executive Casualty Underwriter to join our Property & Casualty team. The role focuses on achieving profitable underwriting results through growth, development, servicing, and underwriting of Westchester's business.

The Senior/Executive Underwriter's primary responsibility is to underwrite individual risks demonstrating the following skills and abilities:

  • Fundamentals of coverage, terms, and conditions: Ability to offer coverage, terms, and conditions that generate profit while meeting customer needs.
  • Risk Assessment: Ability to identify risk exposures, hazards, and controls; select risks based on exposure and analysis; analyze claims and quantify losses.
  • Financial proficiency: Understanding financial statements, ratios, and insurance fundamentals; impact of underwriting decisions on assets; understanding credit risk.
  • Actuarial fundamentals: Understanding loss trends, loss triangles, ratemaking; quantifying risk based on experience and forecasting.
  • Marketing and communications: Ability to sell, negotiate, make presentations, and communicate strategically; manage producer strategy.
  • Systems and programs: Proficiency in using systems and software for daily operations.

Duties may include but are not limited to:

  • Soliciting new and renewal submissions from brokers.
  • Determining terms, conditions, and complex rating plans.
  • Binging coverage.
  • Documenting underwriting files.
  • Handling complex files and portfolios within authority.
  • Guiding and mentoring junior staff.

QUALIFICATIONS

  • Bachelor's degree required.

ABOUT US

Chubb is a world leader in insurance, operating in 54 countries. We provide a range of insurance products including property, casualty, accident, health, reinsurance, and life insurance. Our company is known for extensive product offerings, broad distribution, financial strength, underwriting excellence, and superior claims handling.

We are committed to equal employment opportunity and comply with all relevant laws. Our policies ensure employment and advancement are based on performance and qualifications, without discrimination based on protected characteristics. We prohibit unlawful discrimination, harassment, and retaliation.

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Job Tags

Full time,

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