Underwriter/ Senior Underwriter, Marine Commercial Insurance

Toronto, ON, CA, Canada

Job Description

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.



Key Objective:

This position will underwrite Inland Marine and Cargo business within the Commercial Insurance department for Chubb Canada. This position will principally be responsible for both new business production as well as the underwriting, administration and operation of an existing portfolio of Inland Marine and Cargo business. Ideally, this Underwriter will underwrite ocean cargo, fine arts, contractors' equipment, motor truck cargo, transit, installation floaters, equipment dealers, and other marine coverages. The position will be responsible for driving profitable growth within the Canadian Region and work in conjunction with the Commercial Insurance underwriting teams across the country.

Major Responsibilities:

Focused knowledge and experience in underwriting inland marine and ocean cargo business. Underwriting duties will include developing and negotiating price, coverage, terms and conditions for all new business and renewals while actively identifying account rounding opportunities for other Chubb practices. This position must collaborate with other underwriters, operations, claims, marketing, and home office management as necessary. Strong sales and marketing skills are critical; must be able to demonstrate successful agency and broker management, including building, maintaining, and managing producer and customer relationships. Ability to identify opportunities for growth within new and existing production sources. Knowledge of marketing principles, pricing/rate strategies and how to apply them to attain underwriting profit. Candidate must possess a high degree of proficiency with the underwriting process, with a solid background in risk analysis. Candidate must have ability to effectively interact with all levels of customers and collaborate with a team of underwriters, claims and loss control personnel. Knowledge and proficiency with technical issues, compliance, coverage, products, and pricing strategies expected.

Bachelor's degree or equivalent work experience Knowledge of property/casualty insurance products, the regulatory environment, and the local insurance market Chartered Insurance Professional (CIP) or other insurance-related designation considered an asset Minimum 4+ years of experience in inland marine Strong analytical, decision-making, and strategic planning skills. Excellent interpersonal and communication abilities for effective relationship management. Proven capability to work collaboratively in a fast-paced environment. Thorough understanding of marine and specialty insurance markets and regulatory requirements. High degree of integrity, professionalism, and customer-oriented mindset. Demonstrated ability to communicate professionally, clearly, and strategically, employing measured negotiation skills.
At Chubb we are committed to providing equal employment opportunities to all employees and applicants. It is our policy to provide equal employment opportunities to employees and applicants based on job-related qualifications and ability to perform a job. If you require an accommodation during the hiring process or upon hire, please inform Human Resources. If a selected applicant requests accommodation during the recruitment process, Chubb will consult with the applicant in order to provide suitable accommodation that takes into account the applicant's accessibility needs.

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Job Detail

  • Job Id
    JD3122194
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, CA, Canada
  • Education
    Not mentioned