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Vice President, North America Transactional Risk (RWI or Tax) at Chubb External

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

08 Mar, 26

Salary

0.0

Posted On

08 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Assessment, Underwriting, Broker Management, Team Development, Procedures, Product Development, Negotiation, Financial Analysis, Legal Review, Due Diligence, Insurance Policy Drafting, Collaboration, Training, Networking, Communication, Strategic Planning

Industry

Insurance

Description

We are seeking an underwriter to join our Representations and Warranties Insurance (RWI) or Tax Insurance underwriting teams. As a key part of Chubb's North America Transactional Risk (TR) team, you will have the responsibility for contributing to the growth of the TR portfolio with our brokers and clients. Key Responsibilities: Risk assessment: prepare and refer risk reviews and NBIL drafts in line with our underwriting appetite, guidelines and standards through review of sale and purchase agreements, financial statements, management presentations, legal memos and other due diligence reports, as applicable. Underwriting: lead underwriting of primary and excess placements in the North America RWI or Tax market. Negotiate and draft insurance policy terms and language specifically addressing the risks and issues in each transaction. Broker Management: develop and build a broker network and speak directly to brokers to win and manage underwriting opportunities/deals. Team Development: train and provide guidance to junior staff to help develop their underwriting skills and build a successful team; maintain a collegial environment; collaborate with fellow underwriters. Procedures: assist with ensuring that key procedures are carried out appropriately and efficiently for every submission and live deal. Product Development: contribute to the development of Global TR strategies, product suites, and processes. Chubb Global TR Advocate: Serve as an advocate for the Global TR practice, actively promoting its achievements and strengthening Chubb’s overall reputation.

Responsibilities

The Vice President will lead underwriting efforts in the North America RWI or Tax market and manage broker relationships to grow the transactional risk portfolio. Additionally, they will train junior staff and ensure efficient procedures for submissions and live deals.