Chubb

Senior Underwriter, Commercial Insurance Specialty

Chubb$100K — $165K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree preferred
  • 3+ years of experience in underwriting
  • Proven marketing and negotiation skills
  • Strong communication and interpersonal abilities
  • Effective time management skills

Responsibilities

  • Manage a renewal book and generate new business
  • Drive profitable growth with assigned agents and brokers
  • Develop and negotiate pricing and coverage terms
  • Identify account rounding opportunities across Chubb practices
  • Collaborate with underwriters, operations, and claims teams
  • Implement pricing strategies to enhance profitability
  • Build and maintain relationships with producers and customers

Benefits

  • Comprehensive benefits package
  • Potential participation in a discretionary annual incentive program
Full Job Description
Job Description

As a Senior Underwriter, responsibilities will include managing a renewal book and generating new business. The position will be responsible for driving profitable growth with assigned agents and brokers. Products include Package, Property, General Liability, Auto, Worker's Compensation, Umbrella/Excess and International. Programs are guaranteed cost and Loss Sensitive structures. We are looking for a candidate who is highly motivated, results oriented, with solid business and underwriting acumen.

Knowledge, Skills, and Abilities Required:
  • Candidate will have experience in both Property & Casualty lines of business. Familiarity with global programs is a plus.
  • Underwriting duties will include developing and negotiating price, coverage, terms and conditions for all new business and renewals while actively identifying account rounding opportunities for other Chubb practices.
  • This position must collaborate with other underwriters, operations, claims, marketing, and home office management as necessary. The underwriter must implement and manage effective pricing and rate strategies that will produce profitability, book growth, and successful producer relations.
  • Strong sales and marketing skills are critical; must be able to demonstrate successful agency and broker management, including building, maintaining and managing producer and customer relationships.
  • Ability to identify opportunities for growth within new and existing production sources.
    Knowledge of marketing principles, pricing/rate strategies and how to apply them to attain underwriting profit.
  • Candidate must possess a high degree of proficiency with the underwriting process, with a solid background in risk analysis.
  • Candidate must have ability to effectively interact with all levels of customers and collaborate with a team of underwriters, claims and loss control personnel.
  • Knowledge and proficiency with technical issues, compliance, coverage, products and pricing strategies expected.


Qualifications

  • Bachelor's degree preferred
  • 3+ years of experience.
  • Must have proven marketing and negotiation skills
  • Strong communication, interpersonal and time management skills


The pay range for the role is $100,000 to $165,000. 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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