Chubb - New York, NY
posted 5 months ago
The Vice President, Underwriter Casualty position at Chubb is a pivotal role within the CHUBB Westchester Specialty Casualty business unit. The key objectives of this position are to execute the business unit strategy and achieve profitable underwriting results through the growth, development, servicing, and underwriting of Excess and Surplus Lines business. This role will work exclusively with contracted wholesale brokers and will collaborate with other CHUBB divisions to drive profitable business development within the CHUBB Westchester Specialty Casualty Division. Under limited supervision, the primary responsibility of this position is to underwrite individual risks, which may also involve supervising employees. The duties of this position include soliciting new and renewal submissions from wholesale brokers, determining terms and conditions, and complex rating plans, binding coverage, and documenting underwriting files to meet company expectations. The position will also handle more complex files and portfolios within its underwriting authority. The major duties and responsibilities include delivering upon established new and renewal business goals, executing growth strategies outlined in regional marketing plans, and achieving underwriting standards and risk selection guidelines. Additionally, the role requires a strong understanding of pricing and attachments, where the underwriter must comprehend and underwrite terms and conditions, achieving rate change goals. Marketing and communications are also essential, as the underwriter will be responsible for selling and negotiating to achieve profitability, making presentations, and managing producer strategy. Branch administrative responsibilities include ensuring the achievement of all divisional standards regarding administrative tasks such as accurate and timely policy issuance, accurate billings, manuscript form and endorsement processes, and file construction and documentation. Performance will be measured by the achievement of premium goals and budgets, adherence to underwriting goals and guidelines, adherence to departmental workflow and service standards, qualitative assessment of underwriting decisions, and results of internal and external underwriting audits.