Senior Underwriter, Life Sciences

Chubb Boston , MA 02298

Posted 2 weeks ago

Chubb is the world's largest publicly traded property and casualty insurer. 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.

Boston is seeking a highly motivated, results oriented Commercial Lines Life Sciences Underwriter to join our industry leading Life Sciences practice. The primary focus of the position will be Package, Umbrella, Workers Compensation, Automobile and International coverages for a wide variety of customer types in this niche space.

Position Responsibilities

  • Drive financial performance of assigned book of business. Underwriter will have a renewal book of $6,000,000 with a strong flow of new business submissions. The new business goal is $1,000,000. Assigned agents will be in Massachusetts, Rhode Island, Maine and New Hampshire

  • Meet or exceed financial goals including rate, growth, profit, retention, and new business

  • Meet or exceed service standards

  • Predominately responsible for account solicitation, risk selection and analysis (including documentation), pricing and sales of Life Sciences products and services for new and existing customers

  • Meet with new and renewal customers and agents/brokers to negotiate coverage, price, financial terms and service delivery

  • Build relationship with agents/brokers to meet or exceed financial goals and create effective business plans for assigned agents/brokers and territory

  • Work collaboratively and effectively with a team of underwriters, underwriting associates, customer service representatives, claims examiners, and loss control representatives

  • Develop technical expertise of underwriting associates

  • Utilize agency travel to build a robust prospect pipeline.

Candidates must possess the following required skills in order to be considered for this position:

  • Strong sales, marketing, and negotiation skills

  • Minimum of 5 years insurance industry experience.

  • Proven track record of building strong business relationships with agents and insureds

  • Demonstrated strong written and oral communication skills

  • Proven ability in complex account analysis, prioritization, organization and detail orientation

  • Ability to work both independently and within a team environment using multiple internal and external resources appropriately, effectively, and efficiently

  • Knowledge of Microsoft Office Suite as well as other business-related software

Educational and Experiential Requirements

Minimum 5 years of commercial lines underwriting experience

  • Bachelor's degree or equivalent experience

Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. 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, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran or marital status, or any other characteristic protected by law.


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