Chubb

Senior Underwriter, Energy

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

Qualifications

  • 3+ years underwriting experience in the Energy industry or relevant commercial experience
  • Familiarity with multiple lines of insurance
  • Bachelor's degree required
  • In-depth knowledge of insurance industry concepts and practices
  • Proficient in Microsoft Word, Excel, and Outlook
  • Strong oral and written communication skills
  • Demonstrated negotiation and marketing abilities
  • Leadership skills to manage and develop team members

Responsibilities

  • Manage a $7-10 million book of business within a designated territory
  • Develop strategies for book growth and maintain relationships with internal and external stakeholders
  • Implement effective pricing strategies that enhance profitability
  • Identify growth opportunities and cross-sell potential within existing accounts
  • Conduct regular agency planning and goal setting
  • Engage in monthly visits with brokers and insured parties to achieve goals
  • Ensure accountability for the financial performance of the business unit

Benefits

  • Comprehensive benefits package
  • Eligibility for a discretionary annual incentive program
  • Opportunities for professional development
  • Supportive and collaborative team environment
  • Potential for geographic differential adjustments in compensation
Full Job Description
Job Description

The Senior Underwriter with Chubb's Energy department will manage approximately a $7-10 million book of business in their assigned territory. The Underwriter must develop book growth, maintain superior internal and external relationships and implement effective and profitable pricing strategies.

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.

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 relations.
  • High proficiency with the underwriting process and risk analysis.
  • Effective desk management.
  • Exemplary 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

  • 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
  • Bachelor's degree
  • 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 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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