Chubb

Executive Underwriter, Property

Chubb$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Business, Risk Management, or related field.
  • 1-3 years of property underwriting experience, ideally in the wholesale or middle market.
  • Strong understanding of property insurance products and underwriting principles.
  • Excellent analytical skills for assessing complex risks.
  • Exceptional interpersonal skills to build relationships effectively.
  • Ability to work both independently and collaboratively in a fast-paced environment.

Responsibilities

  • Drive financial performance for a Commercial book of Monoline Property business in Milwaukee and the Midwest.
  • Underwrite and negotiate for a diverse portfolio of Commercial business.
  • Meet or exceed financial metrics including rate, growth, profit, and retention.
  • Solicit accounts and analyze risks while pricing and selling core commercial products.
  • Engage in cross-sell initiatives to enhance product offerings for current clients.
  • Meet with customers and agents to negotiate terms and deliver service.
  • Build and maintain relationships with agents and brokers to create strategic business plans.

Benefits

  • Flexible career band and level based on the candidate's experience.
Full Job Description
Job Description

The Commercial Insurance Division is seeking to fill an Property Underwriter position in Milwaukee. 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, while managing an existing renewal book.

Responsibilities
  • Drive financial performance of a Commercial book of business comprised of Monoline Property in Milwaukee and the Midwest region.
  • Underwrite and negotiate a portfolio of Commercial business in various industries with responsibilities for new and renewal business.
  • 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

  • Bachelor's degree in Finance, Business, Risk Management, or a related field.
  • 1- 3 years of experience in property underwriting, preferably in the wholesale or middle market sector.
  • Strong knowledge of property insurance products, coverage options, and underwriting principles.
  • Excellent analytical skills with the ability to assess complex risks and make sound decisions.
  • Exceptional communication and interpersonal skills, with a proven ability to build relationships.
  • Ability to work independently and as part of a team in a fast-paced environment.


  • The career band and level for this position will be flexible based on the candidate's experience.


About Us

Chubb is a world leader in insurance. 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.

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, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

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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