Job Description
Full job description
The primary duties of a Senior Equipment Breakdown Underwriter include:
Profit and revenue growth for the Equipment Breakdown lines of business for assigned branches.
Management, monitoring and production of new and renewal (Monoline & ATD Package) business.
Establishing and maintaining relationships with key agents/brokers, customers and with local Commercial Insurance staff.
Handling of branch referrals for ATD High Hazard Package business and acting as a resource for Low and Moderate Hazard ATD Package business.
Training and Education in assigned branches and applicable underwriting center(s) to build knowledge and reputation of the Equipment Breakdown line of business.
Work with Risk Engineering to help coordinate appropriate activities and services on new and renewal business.
Assist the Equipment Breakdown Manager in the development of coverage forms, marketing and training materials.
The position will require travel to branches, underwriting centers, agents/brokers and customers (approximately 20-25% of time).
Bachelor’s degree preferred
A minimum of 5 years Equipment Breakdown or large Property underwriting experience.
Excellent written and verbal communication skills.
Demonstrate a track record of achievement in customer development, collaboration, teamwork, problem solving, marketing, and negotiation.
The ability to read complex Risk Engineering reports in order to make appropriate underwriting decisions.
A basic understanding of Commercial Property and Monoline Equipment Breakdown coverage forms.
The ability to travel to Chubb Branch offices, brokers and customers.
Must have strong interpersonal skills, analytical and strategic abilities, along with the ability to effectively interact with all levels of internal and external partners. Location is flexible.
The pay range for the role is $100,000 to $165,000. 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, ****** 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.
The primary duties of a Senior Equipment Breakdown Underwriter include:
Profit and revenue growth for the Equipment Breakdown lines of business for assigned branches.
Management, monitoring and production of new and renewal (Monoline & ATD Package) business.
Establishing and maintaining relationships with key agents/brokers, customers and with local Commercial Insurance staff.
Handling of branch referrals for ATD High Hazard Package business and acting as a resource for Low and Moderate Hazard ATD Package business.
Training and Education in assigned branches and applicable underwriting center(s) to build knowledge and reputation of the Equipment Breakdown line of business.
Work with Risk Engineering to help coordinate appropriate activities and services on new and renewal business.
Assist the Equipment Breakdown Manager in the development of coverage forms, marketing and training materials.
The position will require travel to branches, underwriting centers, agents/brokers and customers (approximately 20-25% of time).
Bachelor’s degree preferred
A minimum of 5 years Equipment Breakdown or large Property underwriting experience.
Excellent written and verbal communication skills.
Demonstrate a track record of achievement in customer development, collaboration, teamwork, problem solving, marketing, and negotiation.
The ability to read complex Risk Engineering reports in order to make appropriate underwriting decisions.
A basic understanding of Commercial Property and Monoline Equipment Breakdown coverage forms.
The ability to travel to Chubb Branch offices, brokers and customers.
Must have strong interpersonal skills, analytical and strategic abilities, along with the ability to effectively interact with all levels of internal and external partners. Location is flexible.
The pay range for the role is $100,000 to $165,000. 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, ****** 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.
💡 Quick Summary
Seeking a career-building opportunity? The Senior Underwriter, Equipment Breakdown position is now open for candidates interested in the Insurance sector. This role in New York City offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Insurance is a plus.
