Chubb

Underwriter/Senior Underwriter, Equipment Breakdown

Chubb • $80K — $95K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree preferred
  • 5+ years of Equipment Breakdown or large Property underwriting experience
  • Strong written and verbal communication skills
  • Proven success in customer development and collaboration
  • Ability to interpret complex Risk Engineering reports for underwriting decisions
  • Basic knowledge of Commercial Property and Monoline Equipment Breakdown coverage
  • Willingness to travel to various locations for work
  • Strong interpersonal and analytical skills, with strategic thinking capabilities

Responsibilities

  • Drive profit and revenue growth for Equipment Breakdown lines in assigned branches
  • Manage and monitor production of new and renewal business
  • Build and maintain relationships with brokers, customers, and local Commercial Insurance staff
  • Handle referrals for ATD High Hazard Package and serve as a resource for Low and Moderate Hazard Packages
  • Provide training and education to enhance the reputation of the Equipment Breakdown line
  • Collaborate with Risk Engineering on service coordination for business
  • Assist in developing coverage forms, marketing, and training materials
  • Travel approximately 20-25% of time to various locations

Benefits

  • Comprehensive training and education programs
  • Opportunities for career advancement
  • Supportive team environment
  • Strong focus on professional development
  • Flexible travel schedule
Full Job Description
Job Description

MAJOR RESPONSIBILITIES:
  • 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 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 the underwriting center 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 Property and Equipment Breakdown Manager in the development of coverage forms, marketing and training materials.
  • The position will require travel to branches, 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.

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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