Senior Underwriter
About the Role
Senior Underwriter needed to evaluate and price individual construction risks, including practice programs, projects, and maintenance wraps, for ACE American Insurance Company's Construction department.
Key Skills for This Role
Full Job Posting
Qualifications
- Bachelor's degree in Finance, Business, Risk Management, or related field; MBA or advanced underwriting certification preferred.
- Minimum 3-5 years of underwriting experience in the construction insurance sector.
- Proven track record of underwriting complex construction risks with strong loss control results.
- Excellent analytical, quantitative, and decision‐making abilities.
- Strong communication and negotiation skills with brokers, clients, and internal teams.
- In‐depth knowledge of construction practices, contracts, and regulatory environment.
- Proficiency with underwriting software, rating tools, and Microsoft Office Suite.
- Ability to work independently and lead a team in a fast‐paced environment.
- Professional designations such as CPCU, ARM, CRIS or AIC preferred.
- Commitment to ethical standards and continuous professional development.
Responsibilities
- Analyze and underwrite individual construction risks, including practice programs, project covers, and maintenance wraps.
- Develop and maintain pricing models and rate structures for construction lines of business.
- Prepare detailed underwriting submissions, risk assessments, and policy terms.
- Collaborate with brokers, agents, and internal stakeholders to gather necessary information and negotiate terms.
- Monitor portfolio performance and recommend adjustments to maintain profitability and loss ratios.
- Ensure compliance with company underwriting guidelines, state regulations, and industry standards.
- Mentor and coach junior underwriters, providing guidance on best practices and technical issues.
- Stay current on construction industry trends, emerging risks, and market conditions.
- Participate in product development and enhancement initiatives for construction insurance offerings.
- Prepare regular reports and presentations for senior management on underwriting results and risk trends.
Preferred Qualifications
- Bachelor's degree in Finance, Business, Risk Management, or related field; MBA or advanced underwriting certification preferred.
- Professional designations such as CPCU, ARM, CRIS or AIC preferred.
About Chubb
Chubb is a global insurance company operating in 54 countries and territories. It provides commercial and personal property and casualty insurance, accident and health insurance, reinsurance, and life insurance.
Visit company websiteJobs and hiring trendsApply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at Chubb
Property Claim Specialist / Senior Claim Specialist
Toronto, CAN
Property Underwriter, NSW
Sydney, AUS
Marketing Supervisor - IA
Johnston, USA
VP, Chubb Benefits Workplace Solutions
Columbia, USA
Chubb Associate, Underwriting - NYC, June 2027
New York City, USA
Underwriter, Technology
San Francisco, USA
Senior Underwriter, Technology
San Francisco, USA
Property Claim Specialist / Senior Claim Specialist
Toronto, CAN
Life Sciences Underwriter
Manchester, GBR