Description

The Life Sciences Lower Middle Market Underwriter will be responsible for targeting and writing small to lower middle market size new business accounts. They will be responsible for writing only newline opportunities, as it relates to the primary property and casualty lines within the Life Sciences industry practice for Chubb's Mid-Atlantic Region. The position will primarily be focused on underwriting Life Sciences Casualty opportunities (Products and E&O), however the underwriter will be charged with cross selling and writing other lines of business, including Human Clinical Trials. Other lines of business include Package, Auto, WC, Umbrella and International. This Life Sciences Lower Middle Market Underwriter will be based in the Philadelphia branch but may be required to travel regionally, or when necessary. Less than 10% of the time.

The Life Science Lower Middle Market Underwriter will develop book growth, maintain superior relationships and implement effective and profitable pricing rate strategies. Underwriting will include marketing and soliciting accounts according to Chubb strategies and guidelines. They will be focusing on accounts of certain sizes from startup opportunities to revenue generating accounts within various exposure limitations.

The position will be responsible for developing and implementing a business plan to grow the Life Sciences book through prospect identification and pipeline development and new business production in the Mid-Atlantic territory. The underwriter will be responsible for reaching various key performance indicator goals including new business generation, quote ratios and bind ratios.

The Life Science Underwriter will have accountability for the financial performance of the Life Sciences book of business, achieving growth for the branches, region and territory. They will identify opportunities for growth within new and existing production sources, identify cross sell opportunities, conduct agency planning/goal setting when necessary.

QUALIFICATIONS

• Bachelor's degree or equivalent experience.
• Minimum of 2-3 years of commercial multi-line underwriting experience in Life Sciences
• Candidate will have 2-3 years commercial multi-line underwriting experience, preferably in Life Sciences casualty placements
• Strong sales and marketing skills are also critical.
• Must be able to demonstrate success in marketing, producer/book management and new business development. Also, the ability to successfully negotiate on all levels with both internal and external partners and nurture key producer relationships.
• The ideal candidate for the role will possess a high degree of proficiency with the underwriting process, risk analysis, and work effectively in collaboration with an Underwriting Associate.
• Effective desk management is a critical part of this role.
• Must have exemplary ability to effectively interact with all levels of customers and coworkers and exhibit strong interpersonal and written communication skills.
• Knowledge and proficiency with underwriting technical issues, compliance, coverage, products, pricing & strategies expected.
• Proficiency in Microsoft Office Suite as well as other business-related software required.
• We are looking for a candidate who is highly motivated to succeed and is results oriented with solid business acumen.
• Salary grade for this position will depend on applicant's experience.

ABOUT US

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.