Chubb

Senior Underwriter, Equipment Breakdown

Chubb$100K — $165K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree preferred
  • Minimum 5 years in Equipment Breakdown or large Property underwriting
  • Strong communication skills in writing and speaking
  • Track record in customer development, teamwork, and negotiation
  • Ability to analyze complex Risk Engineering reports
  • Basic knowledge of Commercial Property and Monoline Equipment Breakdown coverage
  • Willingness to travel for business needs

Responsibilities

  • Drive profit and revenue growth in assigned branches
  • Manage and produce new and renewal Equipment Breakdown business
  • Establish and maintain relationships with agents, brokers, and customers
  • Handle referrals for High Hazard Package business
  • Provide training and education to enhance Equipment Breakdown knowledge
  • Collaborate with Risk Engineering for new and renewal business
  • Support Equipment Breakdown Manager in marketing and training material development

Benefits

  • Comprehensive benefits package
  • Participation in a discretionary annual incentive program
  • Flexible work location options
  • Opportunities for professional development
  • Access to a globally recognized company with diverse operations
Full Job Description
Job Description

The primary duties of a Senior Equipment Breakdown Underwriter include:
  • Profit and revenue growth for the Equipment Breakdown lines of business for assigned branches.
  • Management, monitoring and production of new and renewal (Monoline & ATD Package) business.
  • Establishing and maintaining relationships with key agents/brokers, customers and with local Commercial Insurance staff.
  • Handling of branch referrals for ATD High Hazard Package business and acting as a resource for Low and Moderate Hazard ATD Package business.
  • Training and Education in assigned branches and applicable underwriting center(s) to build knowledge and reputation of the Equipment Breakdown line of business.
  • Work with Risk Engineering to help coordinate appropriate activities and services on new and renewal business.
  • Assist the Equipment Breakdown Manager in the development of coverage forms, marketing and training materials.
  • The position will require travel to branches, underwriting centers, agents/brokers and customers (approximately 20-25% of time).


Qualifications

  • Bachelor's degree preferred
  • A minimum of 5 years Equipment Breakdown or large Property underwriting experience.
  • Excellent written and verbal communication skills.
  • Demonstrate a track record of achievement in customer development, collaboration, teamwork, problem solving, marketing, and negotiation.
  • The ability to read complex Risk Engineering reports in order to make appropriate underwriting decisions.
  • A basic understanding of Commercial Property and Monoline Equipment Breakdown coverage forms.
  • The ability to travel to Chubb Branch offices, brokers and customers.
  • Must have strong interpersonal skills, analytical and strategic abilities, along with the ability to effectively interact with all levels of internal and external partners. Location is flexible.

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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