Chubb

Lower Middle Market Underwriter

Chubb$80K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience required.
  • Minimum 2 years of experience in commercial lines underwriting.
  • Experience with package underwriting is essential.
  • Proven ability to use technical analysis for profitable new business growth.
  • Strong interpersonal and negotiation skills are necessary.
  • Demonstrated integrity and teamwork record required.
  • Excellent organizational and time management skills are needed.
  • Willingness to thrive in a dynamic, fast-paced environment.

Responsibilities

  • Perform multiline underwriting including various insurance products while ensuring compliance with company standards.
  • Cross-sell additional lines of business to enhance revenue per account.
  • Collaborate with Business Development Managers to identify growth opportunities within assigned agencies.
  • Build and maintain strong relationships with agents to support profitable growth.
  • Manage desk operations, including production planning and forecasting for assigned business.

Benefits

  • Comprehensive benefits package available.
  • Participation in a discretionary annual incentive program.
Full Job Description
Job Description

The Lower Middle Market ("LMM") New Business Underwriter is a field-underwriting role fully dedicated to new revenue generation for multiline accounts. The individual is accountable for reviewing, triaging, underwriting, and quoting submissions and securing binds to achieve his/her individual production goal while adhering to Chubb standards of underwriting and compliance.

The ideal candidate will possess strong underwriting skills, exceptional communication abilities, strong organizational skills, and the capacity to build and maintain impactful relationships. In this role, you will effectively manage agent relationships and collaborate with internal partners in Field Underwriting, Distribution, and Operations to ensure seamless processes and superior service delivery. The preferred candidate has experience in Commercial Lines Property & Casualty underwriting and has demonstrated the ability to drive profitable new business revenue while adhering to audit and compliance requirements.

Responsibilities:
  • Multiline underwriting including Package, Umbrella, Workers Compensation, Auto, and ancillary lines while ensuring adherence to our established underwriting strategy and authority, as well as following a referral process to maintain compliance and audit standards
  • Cross-sell additional lines of business to maximize revenue per account, including P&C, Multinational, Financial Lines, Cyber, Accident & Health, and other relevant products
  • Work closely with local Business Development Managers to identify opportunities for growth and production enhancement within assigned agencies
  • Establish and maintain strong working relationships with assigned agents to drive profitable growth
  • Disciplined desk management, including production planning and forecasting for assigned book of business


Qualifications

  • Bachelor's degree or equivalent experience
  • Minimum 2 years commercial lines underwriting experience
  • Package underwriting experience
  • Proven ability to use technical analysis and underwriting skills to profitably grow new business revenue
  • Strong interpersonal, communication, and negotiation skills
  • Demonstrated record of teamwork and integrity
  • Strong organizational and time management skills
  • Desire to work in a dynamic, fast-paced environment

The pay range for the role is $80,000 to $130,000. 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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