AVP, Underwriting - Alternative Risk Solutions
Company: Chubb
Location: Philadelphia
Posted on: April 2, 2026
|
|
|
Job Description:
Description The chosen candidate will work within the Chubb
Major Accounts division as a member of the Chubb Alternative Risk
Solutions (CARS) underwriting team. The candidate will be
responsible for all phases of the underwriting process for
non-traditional insurance & reinsurance structures including risk
assessment, submission review, screening, structuring/pricing,
marketing and selling. The successful applicant will work with all
aspects of the CARS deal team including claims, actuarial, legal,
compliance, accounting, and tax. The role is based in our
Philadelphia, PA office and will report to a senior member of the
underwriting team. We will consider a hire in New York, NY for a
candidate who is strong and carries the appropriate experience to
fit our needs. Duties & Responsibilities: Identify targets and meet
with prospective clients and brokers on potential opportunities
Attend broker/client presentations and applicable industry events
Screen submissions to identify viable opportunities and investigate
business operations, applicable industry information, underlying
program structures, claims administration, collateral information,
etc. Collaborate with clients, brokers, and the CARS actuarial team
to obtain needed pricing information including exposures, loss
data, program parameters, etc. Work with the deal team to create
the optimal structure including understanding and addressing all
underwriting, regulatory, accounting, claims and any other program
issues. Prepare proposals, agreements and policies for legal review
Prepare underwriting reports for submission to the Executive
Underwriting Committee Work with Credit Management on collateral
and financial ratings to support potential transactions Work with
actuarial and claims in the management of bound deals to ensure
optimal outcomes Planning and forecasting support Qualifications
Bachelor’s Degree required Minimum of five years total experience
with minimum of three years specific to large accounts with
Workers’ Compensations and other Casualty lines in a direct and/or
reinsurance capacity. Experience with evaluating non-traditional or
alternative insurance & reinsurance structures Underwriting
experience or Actuarial experience with desire to move into
Underwriting Strong Analytical Skills, attention to detail and
ability to understand details of actuarial loss projections
Proficiency in End User applications (Microsoft Office Suite –
Excel, Word, etc.) Strong business acumen, and excellent oral and
written communication skills The pay range for the role is $151,900
to $205,000. The specific offer will depend on an applicant’s
skills and other factors. This role may also be eligible to
participate in a discretionary annual incentive program. Chubb
offers a comprehensive benefits package, more details on which can
be found on our careers website . The disclosed pay range estimate
may be adjusted for the applicable geographic differential for the
location in which the position is filled.
Keywords: Chubb, Hackensack , AVP, Underwriting - Alternative Risk Solutions, Accounting, Auditing , Philadelphia, New Jersey