VP Westchester Property Apply to This Job

Company: ExecuNet
Location: Alpharetta
Posted on: April 3, 2021

Job Description:

B. KEY OBJECTIVE: Under limited supervision, primary responsibility is to underwrite and manage wholesale property risks. C. MAJOR DUTIES & RESPONSIBILITIES: Duties may include but are not limited to:

• Develops and executes on marketing plan for assigned producers and territories
• Negotiates pricing, terms and conditions for excess and surplus commercial property accounts using assigned underwriting authority and company guidelines
• Risk Assessment. Ability to identify risk exposures, special or common hazards, and appropriate controls. Ability to select risk based on exposure and risk analysis. Ability to analyze claims and quantify losses.
• Financial proficiency. Understanding of financial statements and ratios used in risk analysis. Understanding of insurance financial fundamentals; impact of underwriting decisions on company assets. Ability to understand credit risk.
• Actuarial fundamentals. Ability to understand loss trends, loss triangles, and ratemaking. Ability to quantify risk based on experience history and forecasting methods.
• Documents the underwriting files with account review, analysis and conclusions
• Binds coverage
• Marketing and Communications. Ability to sell and negotiate to achieve bottom line profitability for the Company. Ability to make presentations and communicate articulately. Ability to base communications on strategic thinking. Ability to manage producer strategy. D.. MINIMUM REQUIREMENTS: -- 10 -13 years underwriting experience -- Experience underwriting Property or Inland Marine insurance -- Bachelor's degree -- Excellent Skills with Microsoft Word, Excel, and Outlook E. DESIRED QUALIFICATIONS: -- Knowledge of insurance industry -- Understanding of risk management approaches including risk transfer -- Knowledge of underwriting concepts, practices, and procedures -- Internet usage and research -- Detailed understanding of company Financial Statements (Balance -- Oral and written communication skills 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. Job Information
  • Job ID: 55857948
  • Position Title: Vice President, Westchester Property 11 W. 42nd St., New York, New York 10036 (212) 378-0400

Keywords: ExecuNet, Alpharetta , VP Westchester Property Apply to This Job, Executive , Alpharetta, Georgia