Chubb

Senior Underwriter, Energy

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

Qualifications

  • Bachelor's degree
  • 3+ years underwriting experience in the Energy industry or Commercial sectors
  • Experience with multiple lines of insurance
  • Knowledge of insurance industry and underwriting practices
  • Proficiency in Microsoft Word, Excel, and Outlook
  • Effective oral and written communication
  • Strong negotiation and marketing skills
  • Leadership capabilities

Responsibilities

  • Manage a $7-10 million renewal book of business
  • Achieve a new business goal of $1-$1.5 million
  • Develop book growth and maintain relationships with stakeholders
  • Identify opportunities for growth in production sources
  • Conduct agency planning and goal setting
  • Make regular visits to brokers and insureds
  • Accountable for the financial performance of the book of business

Benefits

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

Chubb's Energy Practice is an exciting and dynamic place for individuals who are seeking career opportunity and advancement. The Commercial Insurance team has an opening for a Senior Underwriter to join our Energy Practice (salary and title commensurate with experience level). This is a high-impact role that is focused on growing a Property and Casualty book comprised of Package, Automobile, Pollution, Workers' Compensation, Umbrella and International. Multi-line experience is encouraged.

ABOUT THE ROLE

The Underwriter with Chubb's Energy department will manage approximately a $7-10 million renewal book of business in their assigned territory. The Underwriter will have a new business goal of $1-$1.5M. The Underwriter must develop book growth and maintain internal and external relationships.

This individual will also have accountability for the financial performance of this book of business, achieving growth for the branch. We are seeking someone who will identify opportunities for growth within new and existing production sources, identify cross-sell opportunities, conduct agency planning/goal setting and make regular broker and insured visits based on monthly goals. The assigned territory will be diverse and can include agents in the Midwest, Pacific or New York Region.

Demonstration of the following skills and abilities:
  • Strong sales and marketing skills along with the ability to position accounts and close deals.
  • Demonstrated success in marketing, producer/book management and new business development.
  • Ability to successfully negotiate on all levels with both internal and external partners and nurture key producer relationships.
  • High proficiency with the underwriting process and risk analysis.
  • Effective desk management.
  • Ability to effectively interact with customers and coworkers at all levels.
  • Knowledge and proficiency with underwriting technical issues, compliance, coverage, products, pricing & strategies.
  • Results orientation, entrepreneurial spirit, business acumen, self-motivation and strong ability to work in a collaborative team environment.
  • Responsible for the professional development, retention, and performance assessment of team members.


Qualifications

  • Bachelor's degree
  • 3+ years underwriting experience within the Energy industry and/or Commercial experience with a desire to specialize in the Energy sectors of Power Generation, Petroleum, and Mining
  • Experience with multiple lines of insurance
  • Knowledge of insurance industry
  • Knowledge of underwriting concepts, practices, and procedures
  • Microsoft Word, Excel, and Outlook
  • Oral and written communication skills
  • Negotiation skills
  • Marketing skills-Broker and Client
  • Leadership 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 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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