Chubb

Senior Underwriter

Chubb  •  $102k - $148k/yr  •  Chicago, IL (Onsite)  •  14 hours ago
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Job Description

Contribute to the achievement of the Excess Casualty National Accounts segment business plan. The Senior Underwriter is responsible for the production, underwriting, and maintenance of new and renewal umbrella and excess casualty accounts within an assigned territory.

The Senior Underwriter develops and cultivates business relationships with brokers and clients to support a consistent flow of new business opportunities, retain existing accounts, and represent the Major Accounts Excess Casualty segment in the marketplace.

Primary responsibilities include:

  • Produce new business opportunities within the assigned territory.
  • Evaluate, select, underwrite, price, quote, and maintain new and renewal umbrella and excess casualty business.
  • Analyze complex casualty exposures, loss experience, financial information, risk controls, and account structures.
  • Determine appropriate coverage, attachment points, pricing, terms, and conditions within underwriting authority.
  • Develop and implement marketing plans in coordination with Excess Casualty National Accounts management.
  • Expand existing broker relationships and develop new brokerage relationships where appropriate.
  • Manage the new business pipeline and develop strategies to successfully close targeted opportunities.
  • Retain accounts through active participation in Chubb’s stewardship process.
  • Maintain production goals and report on business activity and results to Excess Casualty National Accounts management.
  • Identify cross-marketing opportunities and coordinate strategies across Chubb’s domestic and multinational casualty operations.
  • Oversee and execute required underwriting and operational activities.
  • Participate in product-line projects and business initiatives as required.
  • Adhere to Chubb standards for pricing, documentation, account servicing, and portfolio management.
  • Bachelor’s degree in insurance, business, risk management, or a related field, or equivalent professional experience.
  • Four to six years of commercial casualty experience, including experience underwriting large or complex casualty accounts.
  • Excess casualty, umbrella, or Fortune 1000 account underwriting experience preferred.
  • In-depth knowledge of commercial casualty underwriting products, concepts, coverages, and procedures.
  • Demonstrated ability to evaluate complex risk exposures, loss experience, financial information, and coverage structures.
  • Strong understanding of casualty pricing, attachment-point analysis, policy terms, and underwriting strategies.
  • Established broker relationships and the ability to develop new business opportunities.
  • Strong sales, marketing, negotiation, and account-management skills.
  • Ability to develop and execute business and marketing plans.
  • Strong written, verbal, interpersonal, and presentation skills.
  • Ability to work effectively with brokers, clients, underwriting management, claims, actuarial, risk engineering, and other internal business partners.
  • Ability to manage competing priorities and make independent underwriting decisions within established authority.
  • Proficiency with Microsoft Office and applicable underwriting systems.

The pay range for the role is $102,000 to $148,000. 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.

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.

Chubb

About Chubb

Chubb is a world leader in insurance. With operations in 54 countries and territories, 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. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 40,000 people worldwide.

Read our Social Media Guidelines here: https://www.chubb.com/us-en/about-chubb/chubbs-social-media-guidelines.aspx

Notre section « À propos » est également disponible en français, ici: https://www.chubb.com/ca-fr/about-chubb-in-canada/a-propos-de-chubb-au-canada.aspx

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
, CH
Year Founded
Unknown
Website
chubb.com
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