Senior Financial Lines Underwriter at Chubb Insurance Company of Puerto Rico (Chubb)
San Juan, PR 00920
About the Job
Senior Financial Lines Underwriter (Chubb Insurance Company of Puerto Rico (Chubb)) (San Juan, PR): Subscribing business in accordance with corporate guidelines, analyzing information provided by agents or brokers to establish the best conditions of assurance caring profitability; Negotiating deals with insurance brokers and/or agents and timely responds to quotation requests or inquiries; Engaging with internal and external brokers and customers, as well as business underwriter and top management; Visiting insurance producers at regular intervals to attract clients; Creating specialized endorsements requested by insurance producers or businesses; Analyzing, monitoring, and handling new business received through brokers and renewal accounts, maintaining list of accounts handled each month; Managing new insurance policy wordings requirements for the review of the Insurance Commissioner in Puerto Rico for approval; and Vast knowledge on local medical malpractice risks. Must have the following skills and experience in order to perform the above-mentioned tasks: Experience providing expertise in technical risk assumption evaluation protocols; Experience practically implementing commercial expertise to implement financial lines underwriter’s best practices; Experience driving return growth in local commercial insurance markets; Experience sharing industry knowledge through cross-functional partnerships; Ability to understand loss trends, loss triangles, and ratemaking; Ability to quantify risk based on experience history and forecasting methods; Understanding of financial statements and ratios used in risk analysis; Understanding of insurance financial fundamentals and impact of underwriting decisions on company assets; Ability to sell and negotiate to achieve bottom line profitability for the Company; Ability to manage producer strategy; Proficient in MS Applications (Word, Excel (Macro) and Power Point); and Vast knowledge in TM1, Power BI, Qlikview, ennext, SIWO, Meridian, Guide Point, Pipeline, ISO, Cognos, Monitor Fire, P&C Commercial Dashboard. Requires a Bachelor’s Degree or foreign equivalent in Business Administration, Economics or related field at least 4 years of experience as a Commercial Multiline Underwriter or similar occupation. Salary: $49,920.00-73,000.00 per year. Please send C.V. to ivonne.vazquez@chubb.com
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