Chubb

Executive Underwriter, Property

Chubb$110K — $160K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Strong sales, marketing, and negotiation skills
  • Insurance industry experience
  • Commercial lines property underwriting experience
  • Proven track record of building strong business relationships
  • Demonstrated strong written and oral communication skills
  • Ability in complex account analysis and detail orientation
  • Effective in both independent and team settings

Responsibilities

  • Drive financial performance of Monoline Property book
  • Underwrite and negotiate an $8 million renewal book
  • Meet or exceed financial goals including new business
  • Solicit accounts, analyze risk, and price commercial products
  • Participate in cross-sell initiatives to expand offerings
  • Negotiate coverage and terms with customers and brokers
  • Build effective business plans with agents/brokers
  • Utilize agency travel to develop property prospect pipeline

Benefits

  • Comprehensive benefits package
  • Eligible for discretionary annual incentive program
Full Job Description
Job Description

The Commercial Insurance Division is seeking to fill an Executive Property Underwriter position in the Pacific South Region. The primary focus of the position will be Monoline Property, Builders Risk, and various other coverages for a wide variety of customer types. The underwriter's primary focus will be new business production and renewal retention.

Responsibilities
  • Drive financial performance of a Commercial book of business comprised of Monoline Property.
  • Underwrite and negotiate an $8 million renewal book of Commercial business in various industries with a new business goal of $1.5 - 2M million across the Pacific Region
  • Meet or exceed financial goals including rate, growth, profit, retention, and new business
  • Predominately responsible for account solicitation, risk selection and analysis, pricing and sales of core commercial products and services for new and existing customers
  • Participate in cross-sell initiatives within Commercial Insurance to expand product offerings to current clients
  • 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
  • Utilize agency travel to help build a robust property prospect pipeline.


Qualifications

  • Strong sales, marketing, and negotiation skills
  • Insurance industry experience required
  • Commercial lines property underwriting experience required
  • 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
  • Educational and Experiential Requirements
  • Strong desire to improve knowledge and skill set in the commercial lines of business

The pay range for the role is $110,000 to $160,000. 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

About Chubb

Chubb Limited is a Swiss-based global insurance company that provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance (A&H), reinsurance, and life insurance to a diverse group of clients. Chubb operates in 54 countries and territories and is the world's largest publicly traded property and casualty insurance company. The company has a long history, dating back to 1882, and has grown through a series of mergers and acquisitions. Chubb is known for its high-quality insurance products and services, as well as its strong financial performance and commitment to corporate social responsibility.
Learn more about Chubb
Size
31,000 employees
Market Cap
$90.7 billion
Industry
Net Income
$3.5 billion
Founded
1882
5 Year Trend
+5.3%
Revenue
$35.9 billion
NASDAQ

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